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Most US sectors gained on Wednesday, with breadth strong, but the continued tech weakness weighed on indices, leaving SPX and NDX in the red. The AI trade continues to prove volatile in June, with the next catalyst being Micron earnings after the close. Major stock...
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Tuesday was a risk-off session with U.S. Indexes lower across the board. The NASDAQ 100 was the clear laggard while the Dow Jones outperformed, reflecting continued pressure on Technology and AI-related names. Gains in IBM buoyed the Dow after receiving an upgrade at...
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US Indexes closed mixed on Monday, with the NASDAQ 100 and S&P 500 closing lower while the Russell 2000 rallied and the Dow finished with slight gains. Sector performance was similarly mixed, with Real Estate, Energy and Health Care outperforming, while...
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US Indexes saw gains on Thursday, with the tech-heavy NASDAQ 100 outperforming amid broad-based strength in semiconductors and memory names due to two bullish stories: 1) President Trump said Apple has agreed to work with Intel to design and build its chips in...
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A broad-based hawkish reaction was seen across markets, given a much more hawkish than anticipated Federal Reserve decision (reviews below). Given this, US Indices saw losses with all sectors in the red, with Treasuries sold and precious metals noticing extensive...
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U.S. Indexes closed mixed on Tuesday, with the NASDAQ the clear laggard as the recent weakness in Technology continued. The Tech sector fell around 2%, weighing on both the Nasdaq and S&P 500, while the Dow Jones was the only major index to finish in positive...
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