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U.S. Indexes ended Wednesday’s session with notable gains after a downbeat start as initial AMD weakness post-earnings weighed with investors touting lofty valuations, but this soon pared. Sectors were mainly green with Communication Services and Consumer...
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U.S. Indexes closed, led by the 2% fall in the NASDAQ 100 lagging. Technology was the clear sectoral laggard, weighed by weakness in Palantir (-8%) post-earnings, which also weighed on other AI plays, such as NVDA (-4%). Back to PLTR, they reported a stellar quarter...
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U.S. Indexes closed mixed, with the NASDAQ 100 outperforming while both the Rusell and Dow lagged. Upside in the S&P and NASDAQ was primarily due to the heavy cap tech stocks, with Amazon (AMZN) lifting the Indices after it inked a USD 38 billion deal with OpenAI...
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U.S. Indexes closed mixed when looking on a sector basis, as Consumer Discretionary surged thanks to Amazon’s 10% rally on a profit, revenue, and AWS beat. In tech, Apple was marginally higher but reversed earlier gains to close 0.5% lower as participants...
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U.S. Indexes, Treasuries, and Gold saw notable selling, while the U.S. Dollar soared in the wake of a very hawkish Powell at the Fed press conference. In the decision beforehand, it cut rates by 25 basis points, as expected, to 3.75-4%, albeit in a 10-2 decision....
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U.S. Indexes closed at new all-time highs, led by all three American Indexes with NVIDIA largely responsible for the move as breadth across sectors was poor. NVIDIA’s (NVDA, +5%) gains came amid CEO Huang’s keynote address at GTC, where new lines of...
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U.S. Indexes closed at new all-time highs, buoyed by the risk-on sentiment to start the week amid reports that the U.S. and China agreed on a framework for a trade deal ahead of the Trump/Xi meeting later this week. As a result, spot Gold was sold and fell beneath USD...
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U.S. Indexes closed in the red on Wednesday and saw some pressure in the US afternoon amid reports that the Trump administration is mulling export controls to China on goods made with or containing US software, although some of the move attempted to pare as digestion...
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U.S. Indexes were mixed on Tuesday, with the S&P and NASDAQ 100 ultimately closing little changed in choppy trade, while the Dow Jones was strong while the Russell 2000 was again weak. Sectors were mixed amid a flurry of earnings. Consumer Discretionary and...
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U.S. Indexes saw gains in risk-on trade amid very light newsflow to start the week amid the Fed blackout and lack of US data given the Government shutdown. On which, White House Economic adviser Hassett thinks the shutdown is likely to end sometime this week, but did...
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U.S. Indexes closed higher on Friday with the S&P, NASDAQ 100 and Dow Jones all posting gains; however, the RUSSELL saw further pressure. The regional banking ETF had pared some of the prior day’s losses following woes at ZION and WAL, but regional bank...
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U.S. Indexes were bid into the US morning to peak just after the open before momentum turned with equities bottoming out after Europe left for the day. The trough was seen as Tech stocks took a hit, namely NVIDIA (NVDA), seemingly in response to a Reuters article that...
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U.S. Indexes saw a gyration on Tuesday, as they were initially weighed on by continued heightened US/China tensions and mixed US bank earnings. Afterwards, Indices reversed through the majority of the US session, before once again falling near the close as Trump once...
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U.S. Indexes rallied on Monday, paring some of the downside seen on Friday. U.S. President Trump announced China will face a 100% tariff from November 1st, late on Friday, but later suggested that everything will be “fine”. Treasury Secretary Bessent...
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