Intelligence to Prepare for Active Adaptation and Change
Market Insights
US Equity Market Retreats for Third Consecutive Week, Bond Yields and China Slowdown Concerns Weigh
US equity market retreats for 3rd week, higher bond yields and China slowdown concerns weigh; S&P Index drops 5.15% from July 26 peak, growth shares outperforming value shares.
Mixed week for U.S. stocks as value stocks outperform growth stocks, Dow Jones modestly gains
U.S. stocks had a mixed week with value stocks performing better than growth stocks. The Dow Jones Industrial Average made a modest gain. Financial stocks briefly sold off after credit rating downgrades for banks, but recovered as the week progressed.
Fitch downgrades the US government rating, causing a decline in the US market
The US equity market experienced a decline due to increasing Treasury yields and a credit rating downgrade of the US government by Fitch Ratings. Amazon outperformed expectations, while Apple's mixed report resulted in stock losses.
Despite of the decision of interest rate hikes, the dovish attitude boosted investor sentiment
Last week, the Dow Jones Industrial Average and European stock markets slightly higher. Despite the announcement of interest rate hikes by the Federal Reserve and the European Central Bank, the dovish attitude has boosted investor sentiment.
US equity advanced on hopes of a soft landing for the economy
Major U.S. equity indexes mostly advanced on hopes of a soft landing for the economy, though the tech-heavy Nasdaq Composite experienced a pullback as earnings reports failed to impress investors.
US stocks recorded strong gains as inflation continued to cool
US Stocks recorded strong gains as inflation continued to cool, with the S&P 500 and Nasdaq Composite rising.
US stocks closed lower in a generally quiet week
In US, stocks closed lower in a generally quiet week, with growth stocks holding up slightly better than value shares.
Strong growth and inflation surprises contributed to solid performance of major benchmarks
In US, strong growth and inflation surprises contributed to the solid performance of major benchmarks, with the S&P 500 and Nasdaq Composite leading the way
US stocks broke its winning streak
U.S. stocks market broke its winning streak, with the Nasdaq Composite and the S&P 500 Index both experiencing declines.
US stocks market extended its rally as favorable inflation and growth data persisted
The US stock market extended its rally as favorable inflation and growth signals persisted, with the S&P 500 Index achieving its longest streak of daily gains since November 2021 and its best weekly performance since March.
US stocks closed modestly as S&P 500 enters bull market territory
US Stocks closed modestly higher in a week marked by the S&P 500 entering bull market territory, surging over 20% from its mid-October lows.
The major U.S benchmarks had a positive week
The major U.S. benchmarks had a positive week, with the S&P 500 reaching its highest level since August 2022 and the Nasdaq Composite hitting its best level since April 2022. Rebounding job openings and better-than-expected nonfarm payrolls drew investors' attention.
A compromise to avoid a potential debt default has been reached
President Joe Biden reached a compromise with the republican house to avoid a potential default on US debt. The deal has drawn criticism from some Democrats who feel that he made too many concessions. The agreement includes an increase in the borrowing limit and spending restrictions. Economists predict a reduction in employment by 120,000 in late 2024 as a result.
US economic data in line with expectations
Last week, the US, UK and Europe markets closed high on Friday. Stocks experienced solid gains for the week due to positive sentiments driven by a positive tone in debt ceiling negotiations, with President Biden expressing confidence in avoiding a default.
ECB hints at more rate increases
Last week, the US and Asian markets closed mixed on Friday. Gains were driven by strong earnings from a number of companies but were offset by concerns about the war in Ukraine, rising inflation and a credit default by the US Government.
Another lender failure triggers renewed instability in the banking sector
Last week, investors focused on the increase in interest rates by the Fed and ECB.
EU stocks fall as fears of interest rate hike-induced recession intensify
Last week, investors focused on the mixed returns for US stocks and Europe equities fell due to growing concerns that a rise in interest rates could push the economy into a downturn.
Lowest fear gauge level recorded since late 2021
Last week, investors focused on the mixed signals for major US benchmarks and Chinese equities fell due to possibility of new U.S. investment restrictions.
Lower-than-expected inflation dampens Chinese stock market sentiment
Last week, investors focused on the rise in US despite slow growth signals and Chinese stocks which were mixed due to softer inflation dampening investor sentiment.
US benchmarks end mostly lower in low trading activity
Last week, investors focused on US markets which fell during the shortened week while European stocks increased as concerns regarding a potential banking crisis eased.