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U.S. Indices were lower on Wednesday, primarily due to losses in AI-related names, namely semiconductors, software, memory and robotics. That said, breadth was very strong highlighted by the Equal-Weight RSP, +0.9%. Energy, Materials, and Staples, the best three...
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US Indices were hit hard on Tuesday, albeit settling off troughs, as weakness in mega-cap names (NVDA, AVGO, META, MSFT, AMZN) weighed on the tech-heavy NASDAQ 100, which unsurprisingly saw Tech as the clear sectoral laggard. Communications and Discretionary were the...
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US Indices were choppy as participants digested as the repercussions from President Trump’s nomination of Kevin Warsh as Fed Chair last Friday would mean. That assessment is likely to continue for some time until Warsh issues a more up-to-date view on current...
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US Indices were eventually mixed on Wednesday, while sectors saw downside bias as Real Estate and Health lagged, as the latter extended on Tuesday’s pronounced losses. Energy and Tech sat atop of the pile, with the former buoyed by gains in the crude complex...
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US Indices closed higher, driven largely by mega-cap names as markets look towards MSFT, TSLA, and META earnings on Wednesday after the FOMC. Unsurprisingly, Healthcare was the worst performer, weighed by broad weakness in insurers (UNH -19.6%, CVS -14.2%, HUM -21.1%)...
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US Indices closed higher on Monday as sentiment remains bullish ahead of a busy and important week of earnings (MSFT, META, TSLA, AAPL, ASML). Futures dipped on Sunday before erasing losses throughout APAC and EU trade. Downside was sparked by President Trump’s...
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US Indices were broadly lower to end the week, although the tech-heavy NASDAQ 100 was the sole index in the green and supported by gains in NVIDIA (+1.5%) after China informed the biggest tech firms that they can prep orders for H200 chips. However, Intel’s...
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US Indices closed higher on Wednesday after President Trump ruled out military action over Greenland, easing market fears, though gains were capped after Denmark rejected Trump’s demand to negotiate a US takeover of the island. Later, Trump said that after meeting...
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US Indices saw losses as participants returned from the US market holiday, with sentiment continuing to be hit by the ever-growing EU-US tensions, and how President Trump wants Greenland. Today, Trump threatened to impose 200% tariffs on French wines and Champagne...
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With U.S. Markets closed on Monday for the Martin Luther King Holiday markets traded in narrow ranges. Monday’s gap opening saw equity markets close 1% lower across the board as traders wait to see how the American Markets react when the Cash Indexes open this...
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U.S. Indices ended the day very rangebound on Friday, ahead of the long US weekend due to Martin Luther King Day on Monday. Sectors were mixed, with Real Estate sitting top of the pile with Health lagging, amid a lack of tier 1 US data. While data and Fed speak was...
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U.S. Indices predominantly closed lower on Wednesday with heavy-cap tech stocks plummeting, leading indices lower, with the NASDAQ underperforming, while the Russell and Equal Weight S&P closed green. Sectors were mixed with outperformance in Energy, Consumer...
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U.S. Indices closed in the red on Tuesday with the initial rally seen after the soft-leaning CPI faded. Downside was led by the Dow, while Russell and Equal Weight S&P were flattish with both the S&P and NASDAQ closing lower by 0.2%. Sectors were more mixed...
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U.S. Indices closed higher on Monday, seeing gradual strength throughout the session, paring the weakness seen overnight. The Russell outperformed while sectors were mixed. Consumer Staples led the gains, largely due to Walmart (WMT) rising on news that it is to be...
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