U.S. Markets On Thursday, the S&P 500 dropped 4.84% to 7,330, with about $3 trillion wiped off S&P 500 companies. The Nasdaq 100 sank 6.96% to 26,526, more than erasing Wednesday’s post-election rally. Nvidia fell more than 9%, while the Philadelphia Semiconductor Index plunged
Oil
Following yesterday’s developments around the US midterm elections, we would like to share the following fresh perspective on the second day, highlighting the latest market movements and emerging investor concerns. With Democrats now securing control of both chambers of Congress, markets have begun reacting to the potential implications for US fiscal policy,
The sharp decline in crude oil prices following the US midterm elections offers welcome relief from months of elevated energy costs. However, with no peace agreement in place, the market remains exposed to binary geopolitical risks, while the recovery in Middle East crude exports has yet to be matched by a similar improvement in refined […]
U.S. Markets U.S. stocks traded lower on Thursday, as the post-election rally gave way to renewed weakness in chip stocks. S&P 500 were down 0.3%, and the Nasdaq 100 fell 1.17%. On Wednesday, as Democrats won control of both chambers of Congress and oil prices tumbled. The S&P 500 added 1.66% to 7,704, while the […]
Oil Slides on US-Iran Peace Hopes as Gold and Silver Face Pressure – Comments from Century Financial
U.S. Markets Overview:Â U.S. stocks edged lower on Tuesday as investors prepared for the midterm elections and assessed mixed corporate earnings. Both the S&P 500 and Nasdaq 100 declined approximately 0.40%, with the S&P 500 touching 7,527 and the Nasdaq 100 reaching 27,975. Drivers:Â Voters head to the polls to decide control of both chambers of […]
Crude Oil Oil retreated almost 2% in today’s session, pulling back from multi-week highs as investors weighed reports of ongoing diplomatic efforts to end the Middle East conflict against fears of renewed US military action against Iran. Qatari and Iranian officials continued their discussions for a third consecutive day, seeking an agreement to end the […]
US Markets The S&P 500 Index dropped 1% on Friday to cap its biggest weekly loss since June. This was driven by a spike in crude prices, renewed inflation fears, and worries about the viability of the AI trade. Futures have slightly recovered today. A wipeout in the shares of cloud-computing services provider CoreWeave Inc. […]
Nick Spencer-Skeen, Senior Executive Officer, Lunaro Markets Limited Friday Closing Prices S&P 500 7,659 (-1.09%) Nasdaq 29,187 (-2.50%) Gold $4,165 (-0.13%) Brent Crude Oil $109.60 (+3.75%) Â Oil stole the headlines last week, with renewed energy pressures combining with increasingly hawkish central bank rhetoric to weigh on risk assets. Both Brent and WTI
A flat commodity index conceals growing market divisions The Bloomberg Commodity Total Return Index heads for a marginal weekly decline of 0.1%, leaving it up 1.6% month-to-date and nearly 35% year-to-date. Beneath the calm headline performance, some divergence has emerged, with strength in energy and soft commodities offsetting losses across metals and grains. The mixed
Crude Oil WTI fell 1.2% toward $94.8 per barrel while Brent is down around 2% to 106.2 on Thursday. This likely reflects a technical correction and profit-taking after five consecutive sessions of gains.Investors also assessed reports that the US is considering relaxing sanctions on so-called shadow fleet vessels that have transported oil and petroleum products […]
US Markets SPX was down 0.01% yesterday, and at the time of writing, the SPX futures are up 0.11%, pushing SPX to 7,816. Meanwhile, NDX was down 0.29%, closing at 30,559, as the tech rout spread across Asia, after Chinese memory company CXMT said it is making rapid progress and closing the technological gap. All […]
The market narrative has shifted again. Earlier in the year, crude oil was the dominant macroeconomic risk, lifting inflation expectations and putting pressure on global equity valuations. Now, oil has retreated more than 10% from its September highs, but investors have been handed another challenge: US Treasury yields have climbed to levels last seen in […]
US Markets SPX was down 0.11% yesterday, closing at 7,807, and the futures are trading 0.04% lower at the time of writing this comment. NDX was down 0.78% yesterday and closed at 30,640. We saw a selloff in the memory market yesterday. The weakness was concentrated in memory chips. Shares fell after reports that Chinese […]
US Markets SPX futures are up 0.23% this morning, and NDX futures are up 0.16% this morning. We start the week with a few important datasets that will guide the market. Around 70% of SPX companies are said to report earnings in October. We start the earnings season this week with big Banks such as […]
US Markets The SPX Index is up 0.29% and is currently at $7,790. From a fundamental standpoint, the SPX Index climbed after more details emerged about OpenAI’s estimated revenue, suggesting Wall Street technology shares’ weakness may be contained. OpenAI expects to reach or exceed $70 billion in annualised revenue by year-end, driven largely by growth […]
US Markets The SPX Index is down 0.30% today and is currently trading at $7,775. From a fundamental standpoint, the SPX Index slid in the early session after a report surfaced that President Donald Trump could order strikes on Iran before the midterm elections. That pulled the timeline forward from a report last week suggesting […]
US Markets US equity markets rose to fresh record highs on Tuesday, with the SPX up 0.63%, breaching the $7,800 mark and the NDX up 0.54% by the close. Wednesday’s Asian session is seeing a slight pullback in both indices, with SPX trading near $7830, down 0.08% and NDX trading near $31,215, down 0.13%. The […]
U.S Markets US equities continue to show a constructive setup, with the Nasdaq reaching a fresh intraday high of 30,876 before closing at 30,560, up 0.20%. At the time of writing, the index is currently trading 0.24% higher at 30,634, while the S&P 500 is up 0.33% at 7,690. A key macro tailwind is the […]
U.S Markets The S&P 500 trades near $7,657 and the Nasdaq 100 near $30,596, both pulling back despite Micron’s blowout results and Alphabet’s Gemini 4 Argon rollout, as the rally shows signs of narrowing rather than broadening. Micron’s revenue beat ($54.23bn vs $51.49bn est.) and strong guidance failed to trigger a sustained follow-through, with
U.S Markets The S&P 500 trades near $7,679 and the Nasdaq 100 near $30,326, both holding steady after finding support and stabilising following the recent pullback. Rising Treasury yields, $100+ oil and a firmer dollar remain the key macro overhang, but AI-linked megacaps continue to absorb much of that stress, keeping the index resilient near […]














