Weekly Market Analysis page 10

Key events: Eurozone - ECB McCaul Speaks USA - Durable Goods Orders (MoM) (Sep) USA - Michigan Consumer Sentiment (Oct) On Thursday, the S&P 500 broke a three-day losing streak, driven by Tesla’s strong performance following its better-than-expected quarterly results. Tesla shares soared by…

Key events: USA - Initial Jobless Claims USA - S&P Global US Manufacturing PMI (Oct) USA - S&P Global Services PMI (Oct) USA - New Home Sales (Sep) US stocks took a sharp downturn on Wednesday, weighed down by tech sector losses as Treasury yields continued to rise. This slump is largely…

Key events: Canada - BoC Interest Rate Decision USA - Existing Home Sales (Sep) USA - Crude Oil Inventories The S&P 500 closed slightly lower on Tuesday, trimming most of its earlier losses as investors assessed the impact of rising Treasury yields and a mixed batch of corporate earnings…

Key events: Eurozone - ECB McCaul Speaks UK - BoE Gov Bailey Speaks USA - FOMC Member Harker Speaks Eurozone - ECB President Lagarde Speaks Eurozone - ECB's Lane Speaks Eurozone - ECB McCaul Speaks On Monday, the S&P 500 ended the session lower as increasing Treasury yields put pressure on…

Key events: USA - US Leading Index (MoM) (Sep) USA - FOMC Member Kashkari Speaks The S&P 500 and Dow Jones Industrial Average hit new highs as investors processed a fresh round of corporate earnings. The Dow rose by 37 points (0.1%) to close at 43,275.91, while the S&P 500 climbed 0.4% to…

Key events: UK - Core Retail Sales (MoM) (Sep) USA - Building Permits (Sep) USA - Housing Starts (MoM) (Sep) USA - FOMC Member Bostic Speaks USA - FOMC Member Kashkari Speaks USA - Fed Waller Speaks USA - FOMC Member Bostic Speaks The Dow Jones Industrial Average climbed on Thursday, marking its…

Key events: Eurozone - CPI (YoY) (Sep) Eurozone - Deposit Facility Rate (Oct) Eurozone - ECB Interest Rate Decision (Oct) USA - Core Retail Sales (MoM) (Sep) USA - Initial Jobless Claims USA - Philadelphia Fed Manufacturing Index (Oct) USA - Retail Sales (MoM) (Sep) Eurozone - ECB Press Conference…

Key events: Japan - BoJ Board Member Adachi Speaks UK - CPI (YoY) (Sep) Eurozone - ECB President Lagarde Speaks US stocks dropped on Tuesday as investors assessed a series of corporate earnings, with particular attention on the banking sector. The Dow Jones Industrial Average fell by 325 points,…

Key events: UK - Employment Change 3M/3M (MoM) (Aug) UK - Unemployment Rate (Aug) USA - FOMC Member Daly Speaks Wall Street moved higher on Monday, with the S&P 500 and Dow Jones reaching new intraday record highs as technology stocks rallied ahead of a week filled with corporate earnings…

Key events: USA - OPEC Monthly Report USA - FOMC Member Kashkari Speaks USA - Fed Waller Speaks On Friday, the Dow Jones and S&P 500 closed at record highs, with the latter surpassing the 5,800 mark for the first time, buoyed by JPMorgan’s strong earnings performance. The S&P 500 rose 0.4…

Key events: UK - GDP (MoM) (Aug) USA - PPI (MoM) (Sep) The S&P 500 finished lower on Thursday as unexpectedly strong inflation figures complicated expectations for potential Federal Reserve rate cuts. The Dow Jones Industrial Average dropped by 151 points, or 0.4%, while the S&P 500…

Key events: USA - Core CPI (MoM) (Sep) USA - CPI (YoY) (Sep) USA - CPI (MoM) (Sep) USA - Initial Jobless Claims USA - 30-Year Bond Auction The S&P 500 closed higher on Wednesday as investors continued to analyze signals from the Federal Reserve regarding future interest rate moves, ahead of…