Global Market Commentary

  • Asia shares join global rebound as Fed hike fears ease, China tech boost

    Asia shares join global rebound as Fed hike fears ease, China tech boost  

    MSCI's broadest index of Asia-Pacific shares outside Japan rose 1.5% in early trading, the biggest gain in a week, buoyed by a 1.2% rebound in resources-heavy Australian shares, a 2.8% jump in Hong Kong stocks and a 0.7% rise ...

    27 May 2022, 7.56 am  |  Source: Reuters

  • S&P 500 believers see light forming in the market

    S&P 500 believers see light forming in the market  

    After falling 15% this year, the S&P 500 is trading around 4,000. According to analysts tracked by Bloomberg, its members will earn a combined $248 a share next year.

    27 May 2022, 6.37 am  |  Source: Bloomberg

  • S&P 500 believers see light forming in the market

    S&P 500 believers see light forming in the market  

    After falling 15% this year, the S&P 500 is trading around 4,000. According to analysts tracked by Bloomberg, its members will earn a combined $248 a share next year.

    27 May 2022, 6.37 am  |  Source: Bloomberg

  • S&P 500 believers see light forming in the market

    S&P 500 believers see light forming in the market  

    After falling 15% this year, the S&P 500 is trading around 4,000. According to analysts tracked by Bloomberg, its members will earn a combined $248 a share next year.

    27 May 2022, 6.37 am  |  Source: Bloomberg

  • Wall Street jumps on retailer outlook hikes, ebbing Fed fears

    Wall Street jumps on retailer outlook hikes, ebbing Fed fears  

    All three major U.S. stock indexes posted solid gains, with economically sensitive consumer discretionary (.SPLRCD) and microchip (.SOX) stocks beating the broader market.

    27 May 2022, 6.02 am  |  Source: Reuters

  • Wall Street jumps on retailer outlook hikes, ebbing Fed fears

    Wall Street jumps on retailer outlook hikes, ebbing Fed fears  

    All three major U.S. stock indexes posted solid gains, with economically sensitive consumer discretionary (.SPLRCD) and microchip (.SOX) stocks beating the broader market.

    27 May 2022, 6.02 am  |  Source: Reuters

  • Wall Street rallies as Fed minutes meet expectations

    Wall Street rallies as Fed minutes meet expectations  

    The minutes from the Federal Open Market Committee's May meeting, which culminated in a 50-basis-point hike in the Fed funds target rate - the biggest jump in 22 years - showed most of the committee's members judged that f...

    26 May 2022, 5.58 am  |  Source: Reuters

  • Wall Street rallies as Fed minutes meet expectations

    Wall Street rallies as Fed minutes meet expectations  

    The minutes from the Federal Open Market Committee's May meeting, which culminated in a 50-basis-point hike in the Fed funds target rate - the biggest jump in 22 years - showed most of the committee's members judged that f...

    26 May 2022, 5.58 am  |  Source: Reuters

  • Asia stocks restrained as US futures retreat

    Asia stocks restrained as US futures retreat  

    After ending Monday firmer, Nasdaq futures lost 1.3% with traders blaming an earnings warning from Snap which saw shares in the Snapchat owner tumble 28%.

    24 May 2022, 6.12 am  |  Source: Reuters

  • Asia stocks restrained as US futures retreat

    Asia stocks restrained as US futures retreat  

    After ending Monday firmer, Nasdaq futures lost 1.3% with traders blaming an earnings warning from Snap which saw shares in the Snapchat owner tumble 28%.

    24 May 2022, 6.12 am  |  Source: Reuters

  • Wall Street rallies on back of big tech, banks

    Wall Street rallies on back of big tech, banks  

    All three major U.S. stock indexes advanced between 1.6% and 2.0%, with the heftiest boost coming from rebounding megacap tech stocks Apple Inc (AAPL.O) and Microsoft Corp (MSFT.O).

    24 May 2022, 6.07 am  |  Source: richifymeclub

  • Wall Street rallies on back of big tech, banks

    Wall Street rallies on back of big tech, banks  

    All three major U.S. stock indexes advanced between 1.6% and 2.0%, with the heftiest boost coming from rebounding megacap tech stocks Apple Inc (AAPL.O) and Microsoft Corp (MSFT.O).

    24 May 2022, 6.07 am  |  Source: richifymeclub

  • Asia markets tussle with inflation and rates concerns

    Asia markets tussle with inflation and rates concerns  

    MSCI's broadest index of Asia-Pacific shares outside Japan was 0.04% higher, after U.S. stocks ended the previous session with negligible gains for the day. The index is down 3.6% so far this month.

    23 May 2022, 6.15 am  |  Source: Reuters

  • Wall Street ends mixed after punishing week

    Wall Street ends mixed after punishing week  

    The S&P 500 edged up 0.01% to end the session at 3,901.36 points. The Nasdaq declined 0.30% to 11,354.62 points, while the Dow Jones Industrial Average rose 0.03% to 31,261.90 points.

    21 May 2022, 9.02 am  |  Source: Reuters

  • World stocks slide as growth fears persist, safe-havens gain

    World stocks slide as growth fears persist, safe-havens gain  

    Supply chain woes continued to fuel inflation and growth concerns as Cisco Systems Inc warned of persistent component shortages, knocking its shares down 13.7 percent. The plunge made it the latest big name stock this week to post...

    20 May 2022, 6.11 am  |  Source: Reuters

  • Stocks rout deepens as economy concerns pile up

    Stocks rout deepens as economy concerns pile up  

    Bets that robust earnings can help investors weather this year’s turbulence were thrown in doubt after US consumer titans signaled growing impact of high inflation on margins and consumer spending. Meanwhile, Federal Reserve off...

    19 May 2022, 2.17 pm  |  Source: Bloomberg

  • Asian stocks wobble as growth doubts loom

    Asian stocks wobble as growth doubts loom  

    MSCI's broadest index of Asia-Pacific shares outside Japan gave up earlier gains to trade around flat by mid-morning. Japan's Nikkei rose 0.3% although miners did help Australian shares up about 0.7%.

    18 May 2022, 9.05 am  |  Source: Reuters

  • Wall Street ends sharply higher, fueled by Apple

    Wall Street ends sharply higher, fueled by Apple  

    Ten of the 11 major S&P sector indexes advanced, with financials, materials, consumer discretionary and technology all gaining more than 2%.

    18 May 2022, 6.21 am  |  Source: Reuters

  • Wall Street ends sharply higher, fueled by Apple

    Wall Street ends sharply higher, fueled by Apple  

    Ten of the 11 major S&P sector indexes advanced, with financials, materials, consumer discretionary and technology all gaining more than 2%.

    18 May 2022, 6.21 am  |  Source: Reuters

  • Asia markets gain despite global growth worries

    Asia markets gain despite global growth worries  

    MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.84% on Tuesday, but is still down the index is down 6.7% so far this month. U.S. stocks ended the previous session with mild losses.

    17 May 2022, 9.56 am  |  Source: Reuters

  • Asia markets gain despite global growth worries

    Asia markets gain despite global growth worries  

    MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.84% on Tuesday, but is still down the index is down 6.7% so far this month. U.S. stocks ended the previous session with mild losses.

    17 May 2022, 9.56 am  |  Source: Reuters

  • $11 trillion and counting: Global stock slump may not be over

    $11 trillion and counting: Global stock slump may not be over  

    The selloff in the MSCI ACWI Index has dramatically lowered valuations of companies across the US and Europe, but strategists ranging from Michael Wilson at Morgan Stanley to Robert Buckland at Citigroup Inc. expect stocks to fall...

    16 May 2022, 12.40 pm  |  Source: Bloomberg

  • Asia stocks struggle after dire China data

    Asia stocks struggle after dire China data  

    China's April retail sales plunged 11.1% on the year, almost twice the drop forecast, while industrial output dropped 2.9% when analysts had looked for a slight increase.

    16 May 2022, 6.11 am  |  Source: Reuters

  • Wall Street rallies, weekly losing streak continues

    Wall Street rallies, weekly losing streak continues  

    The Dow Jones Industrial Average rose 466.36 points, or 1.47%, to 32,196.66, the S&P 500 gained 93.81 points, or 2.39%, to 4,023.89 and the Nasdaq Composite added 434.04 points, or 3.82%, to 11,805.

    14 May 2022, 9.11 am  |  Source: Reuters

  • Wall Street rallies, weekly losing streak continues

    Wall Street rallies, weekly losing streak continues  

    The Dow Jones Industrial Average rose 466.36 points, or 1.47%, to 32,196.66, the S&P 500 gained 93.81 points, or 2.39%, to 4,023.89 and the Nasdaq Composite added 434.04 points, or 3.82%, to 11,805.

    14 May 2022, 9.11 am  |  Source: Reuters

  • Asian shares trim weekly losses, dollar steady near 20-year highs

    Asian shares trim weekly losses, dollar steady near 20-year highs  

    Those concerns ultimately overcame hopes on Wall Street that high inflation might be peaking, pushing the S&P 500 close to confirming a bear market on Thursday, at nearly 20% off its January all-time high.

    13 May 2022, 10.12 am  |  Source: Reuters

  • Wall Street whipsaws, S&P closes lower on worries of prolonged inflation

    Wall Street whipsaws, S&P closes lower on worries of prolonged inflation  

    All three major U.S. stock indexes seesawed and the S&P 500 came within striking distance of confirming it entered a bear market after swooning from its all-time high reached on Jan. 3.

    13 May 2022, 6.14 am  |  Source: Reuters

  • Shares churn, close down; yields fall after US inflation data

    Shares churn, close down; yields fall after US inflation data  

    U.S. equity had indexes churned higher and lower during the session as investors picked through U.S. inflation data for clues about the Federal Reserve's rate hiking path.

    12 May 2022, 6.13 am  |  Source: Reuters

  • Asian shares inch up from near two-year lows ahead of US inflation data

    Asian shares inch up from near two-year lows ahead of US inflation data  

    MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.45%, trading marginally above its lowest level since July 2020 touched the day before. Japan's Nikkei gained 0.3%.

    11 May 2022, 8.57 am  |  Source: Reuters

  • Equities bounce back while yields, oil prices drop

    Equities bounce back while yields, oil prices drop  

    U.S. Treasuries rallied, with the yield on the benchmark 10-year note tumbling from more than a three-year high to below 3% as the market reassessed the inflation outlook a day before U.S. consumer price index (CPI) data is releas...

    11 May 2022, 6.30 am  |  Source: Reuters

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