Stock Markets, Simplified.
Global markets were mixed overnight as investors sold off technology stocks and moved into financials that have gained on strong economic data and comments from Fed officials on future rate hikes
Global markets rallied overnight, as Wall Street indexes edged higher to records after Federal Reserve chair nominee Jerome Powell's comments on interest rate hikes and deregulation fired up financial stocks. Banking heavyweights JP Morgan and Bank of Am
Global markets were generally lower overnight, while Wall Street traded in a range as shares of Amazon rose amid signs of robust spending by shoppers on Cyber Monday, the busiest online spending day of the year.
Global markets were mixed on Friday, although in the US in a half session on the post-Thanksgiving holiday known as Black Friday, technology and retail stocks led the S&P 500 and Nasdaq to record closing highs.
Global markets traded in a tight range overnight, with light trading given the Thanksgiving holiday meant US markets were closed. The price of iron ore (Australia’s largest export) has been volatile this year, although it has rallied with other commoditi
Yesterday we noted that the Tech sector has been in the leadership position for some time with several companies producing remarkable earnings growth. In both the US and China, Major Technology stocks have provided the impetus for markets of late.
Global markets were higher overnight as Wall Street indexes hit record levels, with technology stocks continuing to lead the charge while healthcare shares also received a boost. The S&P 500 market index (the largest 500 companies listed in the US) hit a
While stock markets continue to remain in a range, both the NZ dollar and Australian dollar have continued to weaken, especially versus the US dollar
While the three US benchmarks pulled back over the weekend, it should be kept in mind that the S&P 500 remains up more than 15% this year. Further, while Wall Street slipped from record highs, it has now been 261 trading days since we have had a 3% or mor
Global markets were higher overnight as investor optimism returned. Shares on Wall Street rebounded strongly, lifted by a rally in Wal-Mart, technology stocks and hopes that Republicans are heading in the right direction on tax reform.