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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...
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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...
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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...
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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,...
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U.S. Indexes closed mixed on Wednesday, with notable NASDAQ outperformance, while the SPX saw mild gains, RUT was flat and DJI lower, with the equal-weight S&P also declining. The majority of sectors were lower, led by Consumer Staples, Health Care and Real...
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U.S. Indexes closed mixed, as the tech-heavy NASDAQ 100 outperformed, and ended with gains, as Oracle saw strength amid reports that OpenAI’s annual recurring revenue is reportedly close to USD 70 billion, a steep increase from earlier reports of an annualised...
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U.S. Indexes closed lower on Monday, with the NASDAQ 100 underperforming as major Indices fell around 0.6-1.1%, while the equal-weight S&P declined 0.6%. Sectors were predominantly lower, led by Communication Services, Consumer Discretionary and Financials, while...
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U.S. Indexes closed higher on Friday, with the Dow outperforming, while the Russell lagged. Most sectors closed higher, led by Technology, Industrials and Consumer Staples and Financials, while Energy was the clear laggard alongside lower crude, followed by...
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U.S. Indexes closed lower on Wednesday as global yields surged. The Russell was the clear underperformer, while the SPX, NDX and DJI were all lower, with the equal-weight S&P (RSP) down 0.7%. Sectors were predominantly lower, with Utilities, Communication...
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U.S. Indexes closed mixed on Tuesday, with the NASDAQ 100 outperforming amid gains in semiconductors and memory names. Materials were the best-performing sector, followed by staples and healthcare; meanwhile, financials and energy lagged, which weighed on the...
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U.S. Indexes rallied on Monday, with much of the upside led by Meta (META), resulting in NASDAQ outperformance. Meta’s PT was upgraded at Wells Fargo, with the desk citing a strong start for its Muse AI agent, which in turn supported chip names such as INTC and...
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U.S. Indexes closed slightly higher on Friday, with big tech stocks rising while sentiment is supported by another modest decline in oil prices; a near-record $7 trillion quad-witching and index rebalances add to Friday’s set-up. US tariff-delay hopes, a...
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The overall reaction to the FOMC rate decision and press conference was hawkish. The Fed hiked rates by 25 basis points as expected in a unanimous decision, while the median projection saw another hike by year-end before rates remain on hold throughout 2027. The...
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U.S. Indexes closed lower again on Tuesday, with the NASDAQ 100 and Russell underperforming, while the equal-weight S&P fell 0.4%. Calls for a slowdown in AI development remained an overhang for sentiment, although the SOXX and DRAM ETFs were marginally firmer...
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