Opinion – Tuesday 30 April 2019

U.S. stocks rose above their record high at the start of a week packed with data that will provide clues on global economic growth. Bonds fell. Financial companies led gains in the S&P 500 Index, while real-estate shares retreated. Benchmark...

Opinion – Monday 29 April 2019

U.S. economic growth accelerated in the first quarter on a big boost from inventories and trade that offset slowdowns in consumer and business spending, with President Donald Trump touting the report as much stronger than expected. Gross Domestic Product expanded at a...

Opinion – Friday 26 April 2019

Major U.S. stock Indices closed mixed as earnings reports sparked a rally in big technology companies and sent industrial shares lower. The US Dollar extended gains to a four-month high. While the tech-heavy Nasdaq 100 reached a record following strong results from...

Opinion – Thursday 25 April 2019

U.S. equities edged lower as investors assessed corporate earnings and economic data. Treasuries joined a global rally in sovereign bonds and the US Dollar extended its rally to a four-month high. The S&P 500 Index slumped 0.2 percent from Tuesday’s record close....

Opinion – Wednesday 24 April 2019

U.S. stock Indices closed at record highs on the back of better-than-forecast earnings while the US Dollar strengthened and Treasury yields dipped. The S&P 500 Index and the Nasdaq Composite marked new milestones as Twitter, Lockheed Martin and Hasbro climbed...

Opinion – Tuesday 23 April 2019

U.S. equities eked out a gain in light volume yesterday as investors prepared for a deluge of earnings news. Oil jumped after the White House said it will scrap waivers that allow the purchase of some Iranian crude. The S&P 500 Index rose 0.1 percent even as most...