Dow Slips Amid Soaring Yields, Mixed Earnings, and Fed's Cautious Stance | Daily Market Analysis
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Markets Navigate Geopolitical Tensions: S&P 500 Rises, Japanese Yen Surges, and Gold Rebounds | Daily Market Analysis
Key events: Eurozone - ECB President Lagarde Speaks USA - FOMC Member Bostic Speaks USA - FOMC Member Kashkari Speaks On Monday, the S&P 500 managed to climb despite escalating geopolitical tensions in the wake of the Israel-Hamas conflict, which raised concerns about a broader Middle East war. The S&P 500 saw a 0.6% increase, while the Dow Jones Industrial Average rose by 0.5%, equivalent to 162 points, and the Nasdaq registered a 0.4% uptick.
S&P 500 Rises Amidst Yield Pause, Yen Finds Relief as Labor Market Takes Center Stage | Daily Market Analysis
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S&P 500's Volatile Climb Amidst Rising Rates and Global Uncertainties | Daily Market Analysis
Key events: USA - GDP (QoQ) (Q2) USA - Initial Jobless Claims USA - Pending Home Sales (MoM) (Aug) On Wednesday, the S&P 500 managed to secure a marginal uptick in a volatile trading session. Investors found themselves in a dilemma, contemplating whether it was the right time to seek out undervalued opportunities following a recent market downturn driven by soaring Treasury yields and uncertainty surrounding future interest rate trajectories.
Wall Street Wraps Up Turbulent Week as Yields Soar and Fed's Hawkish Outlook Weighs on Markets | Daily Market Analysis
Key events: Eurozone - ECB President Lagarde Speaks Eurozone - ECB's Schnabel Speaks On Friday, Wall Street experienced a volatile session that ultimately led to a lower close, marking the end of a turbulent week. This week saw benchmark Treasury yields reaching their highest levels in 16 years, while investors were grappling with the Federal Reserve's more hawkish outlook revisions.
Treasury Yields Rise Amid Fed's Interest Rate Outlook; BoE and BoJ Maintain Policies | Daily Market Analysis
Key events: USA - S&P Global Services PMI (Sep) US stocks faced a decline, while Treasury yields rose following the Federal Reserve's indication of maintaining higher interest rates, including a potential increase later this year. Interest rate-sensitive mega-cap stocks, notably Amazon.com (NASDAQ: AMZN), Nvidia Corp (NASDAQ: NVDA), Apple Inc (NASDAQ: AAPL), and Alphabet (NASDAQ: GOOGL) Inc, exerted downward pressure on the S&P 500 and Nasdaq, pushing them to their lowest closing levels since June.
Rising Interest Rates and Central Bank Decisions Shape Investor Sentiment | Daily Market Analysis
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Tech Stocks Soar Led by Nvidia Ahead of Earnings, Gold Prices Rally on Fed Rate Speculations, and Focus on China's Currency Safeguarding | Daily Market Analysis
Key events: USA - Core Durable Goods Orders (MoM) (Jul) USA - Initial Jobless Claims The closing of Wednesday witnessed a pronounced surge in US stocks, prominently propelled by the escalating value of Nvidia (NASDAQ: NVDA) shares ahead of the company's quarterly financial disclosures. Nvidia's chips enjoy widespread utilization for artificial intelligence (AI) computing purposes.
Global Stocks Rally Stalls Amid Surging Treasury Yields and Interest Rate Concerns, Dollar Holds Strong at 10-Week Highs | Daily Market Analysis
Key events: USA - Building Permits USA - S&P Global US Services PMI (Aug) USA - New Home Sales (Jul) USA - Crude Oil Inventories Global stock markets attempted a comeback on Tuesday, but the momentum was dampened as benchmark Treasury yields surged to levels not seen in nearly 16 years. Concerns about prolonged higher interest rates contributed to the strength of the safe-haven dollar, which remained close to its 10-week peak.
Global Market Analysis: US Interest Rates Surge, FTSE 100 Declines, and Gold Faces Precarious Positio | Daily Market Analysis
Key events: USA - Initial Jobless Claims USA - Philadelphia Fed Manufacturing Index (Aug) While European markets have experienced a lack of clear direction this week, displaying a slight downward trend, the FTSE 100 is poised to record its most significant weekly decline in over a month. The UK's inflation data released yesterday morning has boosted the value of the pound. However, it has simultaneously placed UK-centric stocks in a less favorable position.