Investors may be making wrong forecasts about the path of inflation, monetary policy and corporate earnings. Lisa Shalut, chief investment officer and director of asset management at Morgan Stanley, discusses what it could mean for the markets. Inflation will soon start to cool down “We should not rule out the potential for persistent inflation. Rents […]
Tag: Equities
S&P 500 falls and returns to test the 4,200 level, eyeing March lows
Aside from the strength in energy stocks amid higher oil prices, US equity markets are trading lower on Tuesday. The S&P 500 pulled back to test the 4,200 level and was expecting a break towards the March lows. China lockdowns, Russo-Ukrainian war/Russian-Western tensions, growth concerns and central bank tightening expectations have been cited as factors […]
S&P 500 loses more than 1.5% to new weekly lows around 4,320
Major US stock indices look poised to end the week lower and hit lows on Friday. Traders cited concerns about global monetary tightening by major central banks as a factor weighing on sentiment. The S&P 500 fell more than 1.5% to about 4,320. Major US Stock Exchanges fell for the second straight session on Friday […]
S&P 500 slides back to 4,400 as markets digest Fed aggressive line comments
Major US stock indices reversed early gains on Thursday amid aggressive comments from Fed Chairman Powell. The S&P 500 fell back to 4,400, having previously risen above 4,500 on early strength related to Tesla’s strong earnings. Major US Stock Indices reversed early gains on Thursday, as US yields rebounded following aggressive comments from Fed Chairman […]
The S&P 500 remains above 4,450
US stocks were mixed on Wednesday, with the Nasdaq 100 weighed down by a more than 35% drop in Netflix shares after earnings. The S&P 500 remained sideways above 4,450 and the Dow advanced back above 35,000 amid strong gains in other sectors. The weaker US dollar and lower long-term yields also created a more […]
A Le Pen victory will send stocks down and weaken the euro – Bloomberg
According to investors and strategists interviewed by BloombergEuropean stocks, as well as the euro, will suffer on Monday if there is a victory for nationalist Marine Le Pen in the French general election. Read: French Elections: EUR/USD Buying Opportunity? Macron’s advantage is underestimated – Three scenarios Featured Findings “Macron leads Le Pen by 55.5% to […]
S&P 500 pulls back to 4,400 as yields rise ahead of long weekend
Major US equity indices were mixed on Thursday, with large-cap tech stocks underperforming as US yields deteriorated. The S&P 500 was last down 0.9% as investors digested the latest bank earnings ahead of the long weekend. Major US Stock Indices were mixed on Thursday, with the latest S&P 500 down around 0.6% and probing the […]
S&P 500 returns above the 50 DMA to the 4,450 zone
Major US stock indices were broadly higher on Tuesday as investors breathed a sigh of relief after the US CPI. Underlying numbers were not as good as feared, allowing yields to pull back and technology to lead the rally in US equities. The S&P 500 rose almost 1.0% at the 4,450 zone. Major US Stock […]
Forex Today – Asian Session: The dollar is a win-win scenario
What you should know on Tuesday, April 12: The market mood was sour at the beginning of the week, with the dollar initially falling but then recovering against its main rivals. The demand for safety pushed USD/CHF lower to the 0.9300 region and gold higher as the shiny metal is trading around $1,950 a troy […]
S&P 500 dips below 4,450 as yield rally hits tech/growth stocks
US stocks fell on Monday, led by a drop in large-cap technology/growth stocks as US yields continued to rise. The S&P 500 last fell just over 1.0% at the 4.440 zone and flirting with its 50 DMA. Ahead, investors brace for the US CPI on Tuesday and the unofficial start of the first quarter earnings […]
