Nick Spencer-Skeen, Senior Executive Officer, Lunaro Financial Markets The key theme that dominated markets last week was positioning pressure in AI and semiconductors, where weakness in SK Hynix and Samsung spilled quickly into US mega-cap tech. Rising concern around memory pricing and
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Nick Spencer-Skeen, Senior Executive Officer, Lunaro Financial Markets Friday Closing Prices S&P 500 7,501 (+1.08%) Nasdaq 26,518 (+1.91%) Gold $4,155 (-1.27%) Brent Crude Oil $80.37 (+1.41%) Â Last week was defined by the collision between central-bank hawkishness and geopolitics. The market rally early in the week on the basis of a US/Iran peace […]
US equities finished the week modestly higher, but the headline move disguised a volatile and event-heavy few trading days. The S&P 500 recovered from a sharp mid-week drawdown, having fallen as much as 2.3% on Tuesday, as markets were forced to deal with a mix of geopolitical risk and concerns about central bank tightening. […]
Last week was the moment global markets stopped treating strong data as good news. The catalyst was Friday’s May US payrolls, which rose by 172,000 versus expectations of 80,000. US unemployment held at 4.3%, and prior months were revised up by 93,000. This left the US Federal Reserve with less room to lean dovish and […]













