Premium
U.S. Indexes were closed Monday for the Columbus Day Bank Holiday. The only news of note was a speech from Fed Member Hammack: Treasury rates right now are “modest” by historic standards. If the economy were to return to a 3% home mortgage it would likely mean...
Premium
U.S. Indexes closed higher on Friday, with tech names putting Thursday’s Financial Times article on Open AI in the rearview. Real Estate, Consumer Discretionary, and Healthcare outperformed, meanwhile, Communications underperformed following SpaceX competition...
Premium
U.S. Indexes finished lower on Wednesday in relatively broad-based weakness, with the Russell 2000 and equal-weight S&P 500 underperforming the major Indices. The Dow also lagged, while the S&P and NDX saw more modest losses. Sectors were predominantly...
Premium
U.S. Indexes mainly closed in the green amid risk-on trade, although the Russell 2000 lagged and saw losses. Given the sentiment, all sectors, aside from Health, saw gains, with Utilities and Consumer Discretionary outperforming as the former was buoyed by...
Premium
U.S. Indexes rallied on Monday, with broad-based gains across the major US indices, including the equal-weight S&P 500. Sectoral performance was also strong, with all sectors closing higher aside from Real Estate, while Materials, Communication Services and...
Premium
U.S. Indexes closed the final session of the week in the green, as did all sectors, with Consumer Discretionary and Materials the outperformers. The key risk event on Friday was the soft US Payrolls Report, as the headline underwhelmed, and the Unemployment rate rose,...
Recent Comments