Opinion – Thursday 19 December 2024

U.S. Indices saw considerable downside (SPX -2.95%, NDX -3.6%, DJIA -2.58%, RUT -4.4%) as did Treasuries, while the Dollar surged in the wake of a hawkish FOMC. Highlighting the extent of the moves, the S&P 500 noticed its largest post-Fed move since March 2020....

Opinion – Wednesday 18 December 2024

It was a risk-off session on Tuesday with underperformance in the Russell 2000 and Dow versus the S&P and NASDAQ 100. Sectors were predominantly lower, led by losses in Industrials, Energy and Financials while Consumer Discretionary, Consumer Staples and...

Opinion – Tuesday 17 December 2024

U.S. Equity Markets closed mixed on Monday with notable outperformance in the NASDAQ 100 amid further strength in Broadcom (AVGO) and Micron (MU) supporting the move. However, both the Dow and Russell 200 again closed lower with the Dow now lower for nine consecutive...

Opinion – Monday 16 December 2024

U.S. Equity Markets closed mixed on Friday with notable outperformance in the NASDAQ 100 as tech was supported by a strong earnings report from Broadcom (AVGO), seeing the stock rally 24% and supporting the sector. Consumer Discretionary also performed well thanks to...

Opinion – Thursday 12 December 2024

U.S. Indices (S&P +0.8%, NASSAQ 100 +1.9% and RUSSELL 2000 +0.5%) saw broad-based gains on Wednesday with Communications, Consumer Discretionary, and Technology the sectorial outperformers and the former once again supported by Alphabet (GOOG) (+5.5%) strength....

Opinion – Wednesday 11 December 2024

The U.S. Dollar saw slight gains on Tuesday, albeit in pretty thin newsflow as participants await the pivotal US CPI report on Wednesday. In FX, Sterling and the Canadian Dollar were the relative G10 outperformers, while Antipodeans lagged and weighed on by the dovish...