Opinion – Monday 17 February 2025

U.S. Indices closed mixed on Friday with outperformance in the NASDAQ 100 as Communication and Tech names outperformed, while the S&P 500 and Russell 2000 were little changed, and the Dow underperformed. The Dow was weighed on by retailers (WMT, PG) after a...

Opinion – Thursday 13 February 2025

U.S. Indices closed Wednesday mixed, but that only tells half the story, as a broad-based hawkish reaction was seen on the hot US CPI report, before paring. As such, after all major metrics in the release topped expectations, US equity futures and Treasuries saw...

Opinion – Wednesday 12 February 2025

U.S. Equity Markets closed mixed on Tuesday trade with overnight weakness on Trump steel and aluminum tariffs paring to see the S&P close flat, while both the NADSAQ and Russell 2000 closed down and Dow Jones higher. Sectors were also mixed with outperformance in...

Opinion – Tuesday 11 February 2025

U.S. Indices climbed higher on Monday (SPX +0.7%, DJIA +0.4%, RUT +0.4%) despite tariff escalation talk over the weekend, namely that US President Trump is to announce 25% tariffs on all steel and aluminium coming into the US. NDX (+1.2%) outperformed, and supported...

Opinion – Monday 10 February 2025

U.S. Indices closed in the red on Friday, as they initially saw two-way action on the US jobs report (more below), before the move lower began in the wake of the University of Michigan metrics whereby all the three main measures printed below consensus and outside the...

Opinion – Thursday 6 February 2025

U.S. Indices were bid throughout the entirety of the US session despite weakness overnight, seeing stocks close with slight gains with outperformance in the RUSSELL 2000. Sectors were predominantly green with outperformance in Tech as NVDA and chip names were buoyed...