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US Markets

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Strong Jobs Lift Dollar; Oil Up on Iran Risks, Stocks Steady, Gold Softens – Comments from Century Financial

US Markets  The S&P 500 ended the session little changed, with a slight decline of 0.05%. Worries around the impact of artificial intelligence on several industries curtailed a rally fuelled by strong employment data. Stocks had initially received a boost from stronger-than-expected employment data. Payrolls rose in January by the most in more than a […]
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US Stocks Steady After Tech Selloff; Dollar Softens, Oil Firms, Gold Rebounds – Comments from Century Financial

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 […]
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Markets Mixed Ahead of Fed: Equities Hold Near Highs, Dollar Pressured, Metals Surge : Comments from Vijay Valecha , CIO – Century Financial

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 […]
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Risk-Off Sweeps Markets: US Stocks Fall, Oil Firms, Gold at Record Highs : Comments from Vijay Valecha , CIO – Century Financial

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 […]
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Markets Mixed: US Stocks Up on Rotation Hopes, Oil Slumps, Gold Near Records : Comments from Vijay Valecha , CIO – Century Financial External Inbox

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 […]
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Equities Consolidate Near Highs as Gold Holds Firm and Oil Trades Steady : Comments from Vijay Valecha , CIO – Century Financial

US Markets  US equities are flat in the early Asian trading session today, after closing at a record high level of $6,977 yesterday, as the index was supported by broadening market leadership. SPX continues to trade with a constructive tone as investors remain focused on earnings, liquidity, and a supportive macro backdrop, while largely looking […]
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Gold Near Record Levels as S&P Breaks Out, Oil Caps Gains Amid Oversupply Risks : Comments from Vijay Valecha , CIO – Century Financial

Gold and Silver   Gold and Silver remain bullish for the fourth consecutive session gaining 0.14% and 0.19% so far today supported by the Fed’s recent rate cut. Prices of gold were hovering around $4,285 per ounce, after it appreciated by 1.2 percent on Thursday. While silver is trading just below $64, after jumping 3.08%. […]
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Gold Holds Near $4,155 as Fed Cut Odds Hit 85% and Dollar Slides Below 100 : Comments from Vijay Valecha , CIO – Century Financial

US Markets  The S&P 500 rose 0.75% in yesterday’s session, while the Nasdaq 100 gained 0.96%, marking four days of a winning streak as AI stocks rebounded and on increased expectations that the Federal Reserve will end the year with another rate cut next month. Markets are now pricing an 80.4% probability of a 25-basis-point […]