U.S. Markets The S&P and Nasdaq indices were down more than 1% in yesterday’s session, led by a decline of almost 5% in the AI bellwether Nvidia. This came after their results beat analyst expectations but failed to ease investors’ concerns about the sustainability of big tech gains. In
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U.S. Markets The S&P 500 recovered in yesterday’s session, increasing by 0.6% after Anthropic announced that Claude will focus on forming partnerships in the software and services sectors instead of acting as a replacement. It calmed down concerns, emphasising that Claude integrates rather than displaces existing systems. Further, AMD also rose by 8.8% after Meta […]
US Markets The S&P 500 closed just above the flatline on Friday, rising 0.05%, while the Nasdaq 100 gained 0.18%, as a slightly softer-than-expected CPI report failed to spark a meaningful rally. However, both the indices posted declines for the week. The S&P 500 fell 1.39% and the Nasdaq 100 dropped 1.37%. Inflation data released […]
US Markets Stocks remained under pressure as sentiment soured after AI-related concerns triggered a selloff in US tech shares. The S&P 500 fell 1.5% on Thursday, erasing YTD gains for the index, which is now down 0.2%. The Nasdaq 100 Index has lost 2.2% YTD and fell 1.8% on Thursday. The sharp moves over the […]
US Markets US stocks declined on Tuesday as investors examined the first of several key economic data releases this week for clues on the Fed’s monetary policy. The S&P 500 Index closed 0.3% lower, snapping a two-session winning streak, and the Nasdaq 100 Index declined 0.6%. On Tuesday, Retail sales unexpectedly stalled in December. The […]
US Markets The S&P 500 index was up 0.47% in Monday’s session. U.S. stock futures were little changed Tuesday morning after two consecutive sessions of gains, with S&P 500 and Nasdaq 100 futures edging slightly lower. The broader market remains supported by a strong rebound in tech stocks, which extended last Friday’s comeback and eased […]
US Markets The SPX index slipped 0.8% yesterday, with tech and software companies bearing the brunt of a new AI tool announcement from Anthropic that threatened competitors. It is trading steadily around $6,920 in today’s session. Anthropic announced that it was adding new legal tools to its Cowork assistant, meant to help automate a number […]
US Markets The SPX Index is down 0.6% today and is currently trading at $6,920. From a fundamental stance, on the data front, the hawkish stance of the Fed continues to weigh on the SPX index. The Fed held its rate steady at 3.5%-3.75% after three rate cuts. Though the cut was in line with […]
US Markets SPX is trading at $7,000 in the early Asian trading session today, at an all-time high, signalling bullish momentum even with a potential US government shutdown, fresh tariff threats toward Canada, and lingering disruption from a winter storm. The market has absorbed the news without much stress, suggesting confidence remains intact. Technology is […]
US Markets The SPX Index is up by about 0.355 today and is currently at $6,967. From a fundamental stance, the US market gained strength from the higher-than-expected Durable Goods Orders, which suggested strong consumption. Durable Goods Order MoM rose 5.3% in November against the 3.1% consensus. Consequently, the Dallas Fed Manufacturing Index improved from […]
US Markets US equity markets closed relatively flat on Friday, with the SPX index falling 0.04% and the NDX index rising 0.25%. Although both indices opened with a gap down on Monday, the Asian session erased losses, with the SPX trading 0.06% higher and the NDX trading 0.03% higher. The markets initially reacted to Trump’s […]
US Markets US equity markets continued their reversal on Thursday, with the SPX index rising 0.34% and the NDX index rising 0.49% by close. Both indices are continuing their rise during Friday’s Asian session, rising 0.27% and 0.32%, respectively. The rebound was fueled by a series of upbeat macroeconomic data releases yesterday. US Q3 GDP […]
US Markets The US equity markets witnessed a sharp rebound on Wednesday, with the SPX index jumping back above $6,900 intraday and closing 1.15% higher, while the NDX index closed 1.46% higher. Markets traded relatively flat during the Asian session on Thursday, with both indices trading just slightly higher. The recovery came after US President […]
US Markets US equity markets witnessed a sharp selloff on Tuesday, with the SPX index closing 1.09% lower and briefly falling below the $6,800 level intraday, marking its worst day since mid-December. The NDX index followed suit, closing 0.97% lower. The decline appears to be limited during the Asian session on Wednesday, with both indices […]
US Markets Despite muted trading volumes due to a US market holiday, the SPX index closed 0.89% lower on Monday, while the NDX index closed 1.19% lower. Tuesday’s Asian session is seeing continued weakness with the SPX index trading 0.44% lower and the NDX index down by 0.32%. The decline in US equities has also […]
US Markets US equities regained momentum on Thursday, as it rose by 0.3%, this morning in the early Asian trading session, SPX is up by 0.3% again, reinforcing the view that the reacceleration trade is firmly intact and that the AI narrative still has room to run. The S&P 500 continues to grind closer to […]
US Markets The SPX Index and NDX Index are up about 0.25% and 0.42%, respectively, in the day and are currently trading at $6,930 and $25,519. From a fundamental standpoint, as the decision on Trump tariffs is postponed, Goldman Sachs expects Americans to bear half of the costs of Trump’s tariffs, as tariffs have already […]
US Markets US markets remain resilient, with the SPX trading near all-time highs at $6,950 in the early Asian session today. Yesterday, the index was marginally down by 0.2% amid pressure on financials. CPI data yesterday was in line with expectations, yet it showed inflation remains a mixed story. Food prices rose at the fastest […]
U.S. Markets The S&P 500 closed Thursday unchanged, while the Nasdaq ended lower by 0.54%, with markets showing a cautious tone ahead of Friday’s jobs report. The NFP report is expected to confirm that the employment situation is one of no-hire, no-fire, with moderate job growth of 66,000 jobs versus last month’s 64,000. Markets are […]
U.S. Markets U.S. stocks traded flat on Wednesday following the strong performance in the previous day, during which the S&P 500 reached an all-time high, rising 0.62%, while the Nasdaq was higher by 0.65%. Tuesday’s sector leadership in materials, health care, industrials, and semiconductors underscores the coexistence of two different dynamics, the short-term










