TAG: S&P Global Ratings
Wall Street: market dive amid rate cut doubts, bank woes, & middle east strife
US equity markets dived on Friday — in a week that saw the pathway toward Fed rate cuts became less certain — earnings reports from major banks disappoint, topped off by a sharp rise in Middle Eastern geopolitical tensions. Arguably, the effects of the l...
6 months ago
S&P 500 Momentum Report
Risk-off continues, with eyes on upcoming earnings to save the day With chatters that a market correction may be due following a strong rally since the start of the year, Wall Street did just that, with major US indices extending their losses for the seco...
6 months ago
Wall Street update: US indices rebound ahead of tech earnings, FOMC, and NFP
Wall Street update Despite gains on Friday night following favourable PCE inflation data, last week's Wall Street narrative centred on position unwind and sector rotation—out of tech stocks and into small caps and blue chips. Political developments impact...
2 months ago
FTSE 100, S&P 500 and Nikkei 225 move higher
FTSE 100 breakout continues The end of last week saw the FTSE 100 index stage an impressive breakout from the range that had dominated since the end of May. The price smashed through the 50-day simple moving average (SMA), and rallied to a two-mont...
2 months ago
FTSE 100 and S&P 500 higher, but Nikkei 225 drops back
FTSE 100 at two-month high The FTSE 100 price has enjoyed a strong week, with further gains yesterday taking it to a two-month high after it broke higher at the end of last week. The record high is in sight once more, and the uptrend is firmly in pl...
2 months ago
FTSE 100 and Nikkei 225 higher, but S&P 500 rebound stalls
FTSE 100 in recovery mode The FTSE 100 index continues to recover from its low on Monday, rallying back above 8000 yesterday and moving higher in early trading. Further gains target the August high at 8400, and then on to the record high from May ju...
2 months ago
FTSE 100, DAX 40 and S&P 500 extend rallies
FTSE 100 extends gains The FTSE 100 has seen eight straight days of gains as interest rate cut expectations on both sides of the Atlantic remain firmly entrenched. The late July and early August high at 8,404 is being eyed, now that the 8,278-to-8,314...
2 months ago
FTSE 100, DAX 40 and S&P 500 advances take a breather
FTSE 100 mixed Following eight straight days of gains for the FTSE 100, as interest rate cut expectations on both sides of the Atlantic remain firmly in play, Friday saw some end-of-week profit taking. Monday morning sees quiet trading amid a near emp...
1 month ago
Wall Street: US markets face volatility amid tech stock sell-off
US markets drop on labour market concerns and tech sell-off US equity markets fell on Friday night, driven by concerns about a cooling labour market and a significant sell-off in the tech sector. Over the week, the Nasdaq declined by 5.89%, the S&P 50...
1 month ago
US earnings season Q2 2024: Strong growth amid mixed signals
US companies rack up strong performance in Q2 earnings season US earnings season for the second quarter (Q2) 2024 demonstrated robust overall performance. A significant 79% of S&P 500 companies reported positive earnings per share (EPS) surprises, sur...
1 month ago
S&P 500 Q3 2024 earnings outlook: growth continues amid challenges
Earnings growth momentum continues The S&P 500 is expected to maintain its positive earnings trajectory in the third quarter (Q3) of 2024. Analysts project a 4.6% year-over-year (YoY) increase in earnings, marking the fifth consecutive quarter of...
2 weeks ago
Wall Street: what's next for US equity markets after five weeks of gains?
Bank earnings boost market rally US stock markets wrapped up last week on a positive note, with both the S&P 500 and Dow Jones hitting new record highs. Over the week, the S&P 500 added 1.11%, the Dow Jones rose 1.21%, and the Nasdaq 100 advanced...
2 days ago
FTSE 100 struggles while DAX and S&P 500 fall back from new highs
FTSE 100 drifts sideways The FTSE 100 index’s disappointing performance continues, remaining stuck in a range between 8200 and 8320. Neither buyers nor sellers seem strong enough to break the range, though a push higher targets 8400 and then 8480. C...
7 hours ago