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U.S. Indexes fell on Monday, driven primarily by a renewed afternoon sell-off in Tech, despite optimism surrounding US-Iran diplomacy. The majority of sectors finished in the green, while the equal-weighted S&P 500 also gained, highlighting positive market...
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U.S. Indexes tumbled on Friday in a tech-led sell-off, which saw the Nasdaq 100 briefly enter correction territory following a slew of woeful tech earnings and updates. Intel (INTC) slumped following weak results, disappointing next-quarter guidance and cautious...
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U.S. Indexes closed higher on Wednesday, with outperformance in the NASDAQ 100, although the equal-weight S&P 500 was flat. Sectors were predominantly firmer, with Tech, Energy and Financials leading, while Utilities, Real Estate and Consumer Staples closed in...
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U.S. Indexes ended higher on Tuesday, as the artificial intelligence trade surged for a second straight session on enthusiasm around Anthropic’s long-awaited initial public offering filing. Investors also geared up for key quarterly reports this week from some...
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U.S. Indexes started the week on the front foot, with semiconductors leading a tentative recovery from the recent AI-driven sell-off. Neoclouds managed to recover and gain despite initial pressure after Elon Musk said debt markets have almost entirely shut off access...
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Breadth reversed on Friday, with Tech seeing a slight rebound after Thursday’s 3% sell-off. Meanwhile, higher oil prices on an increased geopolitical risk premium weighed on cyclical names via higher yields, while benefiting energy names. Earnings continue to...
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