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U.S. Indices closed higher on Monday. The trading day was quiet, but stocks trended higher throughout Europe and the US sessions before paring slightly into the close – the Russell led the gains. Materials, Financials and Energy outperformed sector wise with...
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U.S. Indices closed higher on Friday, with Tech leading the gains, and as such the NASDAQ outperformance, which saw tailwinds from Oracle (ORCL) after reports TikTok is to sell its US entity. The haven sectors were lagging with Consumer Staples, Discretionary and...
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U.S. Indices closed lower on Wednesday, with the NASDAQ underperforming as the tech sector was sold. The sector was hit by reports by the FT that Oracle’s (ORCL) USD 190 billion Michigan data centre deal is in limbo after funding talks with Blue Owl (OWL)...
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U.S. Indices closed lower on Tuesday, in a choppy session, beginning in the US morning in futures after delayed US data. Recapping, the US November payrolls report headline came in at above expected, with the Unemployment Rate jumping to 4.6% from 4.4%, with some of...
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U.S. Indices closed lower on Monday with the Russell and NASDAQ lagging while sectors were predominantly firmer with Health Care, Utilities and Consumer Discretionary outperforming, but Tech, Energy and Communication lagged with tech still pressured after the ORCL and...
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U.S. Indices closed lower on Friday, paring some of the strength seen last week post-Fed. Pressure was largely observed since the opening bell, with the Nasdaq underperforming as Broadcom’s (AVGO, -11.4%) Q4 earnings showed its AI order backlog fell short of...
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