Opinion – Tuesday 19 May 2020

U.S. Equity Markets surged the most in almost six weeks after promising early results for an experimental vaccine sparked speculation economies could snap back quickly. Crude oil advanced and yields on Treasuries rose. The S&P 500 surged 3.2% after Moderna Inc....

Opinion – Monday 18 May 2020

U.S. Equity Markets ended the week higher, as traders looked past Trade jitters and weak economic data. Treasuries fell. Oil jumped. The S&P 500 erased losses, but still posted its worst week since March 20 — just before the gauge started a torrid...

Opinion – Friday 15 May 2020

U.S. Equity Markets rebounded as a rally in beaten-down industries outweighed pessimism over bleak economic data and trade tensions. In a very volatile session, banks led gains in the S&P 500 as Wells Fargo, JPMorgan and Bank of America jumped at least 4%. Energy...

Opinion – Thursday 14 May 2020

U.S. Equity Markets slumped to a three-week low after Jerome Powell warned economic risks from the virus are significant and tensions with China flared. Treasuries and the US Dollar advanced. The S&P 500 briefly fell below 2,800 — a level that has provided...

Opinion – Wednesday 13 May 2020

Equity Markets tumbled after a U.S. health official warned against a premature reopening of the economy and as traders assessed a dire outlook from Federal Reserve regional chiefs. Treasuries and the US Dollar climbed. The S&P 500 extended losses as Anthony...

Opinion – Tuesday 12 May 2020

U.S. Equity Markets ended yesterday’s session mixed as traders assessed the latest moves around the globe to relax restrictions amid the Coronavirus pandemic. The S&P 500 was little changed, the Dow Jones Industrial Average fell while the Nasdaq 100 rose for a...

Opinion – Monday 11 May 2020

Equity Markets finished the week with strong gains as investors embraced risk in spite of the biggest monthly loss in jobs in more than 70 years. Yields on Treasuries rose and the US Dollar weakened. Shares of energy, industrial and consumer staples companies helped...

Opinion – Friday 8 May 2020

U.S. Equity Markets rose to the highest in a week as investors sifted through the latest company earnings and poor labour data. Yields on Treasuries tumbled. The S&P 500 rallied 1.15% with speculation mounting that the worst of the economic damage has passed as...

Opinion – Thursday 7 May 2020

U.S. Equity Markets fell for the first time in three days as investors digested mixed corporate earnings and worsening economic data. The US Dollar strengthened the most in about three weeks and Treasury yields increased. The S&P 500 and Dow Jones Industrial...

Opinion – Wednesday 6 May 2020

U.S. Equity Markets closed higher despite a late-day swoon as optimism that more economies are moving toward easing their Coronavirus lockdowns outweighed cautionary comments from Federal Reserve officials. Oil surged. The S&P 500 rose for a second day, led by...

Opinion – Tuesday 5 May 2020

U.S. Equity Markets dropped as investors began May pondering profit warnings tied to the Coronavirus and a ratcheting up of tension with China. The US Dollar rose as a risk-off mood prevailed. The S&P 500 Index fell almost 3%, leaving it a tad lower for the week,...

Opinion – Friday 1 May 2020

U.S. Equity Markets ended their best month in three decades on a slightly sour note, slumping amid dismal economic data and corporate results that reflected the Coronavirus’s toll. The S&P 500 Index fell from a seven-week high as the U.S. reported a...

Opinion – Thursday 30 April 2020

U.S. Equity Markets rallied to a seven-week high on better-than-estimated revenue for Google’s parent company and hopes for a Coronavirus treatment. Oil surged. The S&P 500 Index gained 2.7% in a broad advance, with four stocks up for every one that fell after...

Opinion – Wednesday 29 April 2020

The biggest U.S. technology shares slumped, weighing on major Equity gauges as Consumer Confidence crashed and more companies withdrew earnings guidance. The US Dollar weakened. The Nasdaq Composite snapped a two-day winning streak, pulled down by Facebook, Amazon.com...