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S&P 500 Set To Post Worst H1 Since 1970

US equities struggled for direction overnight, with the S&P500 and Nasdaq closing marginally lower as investors digested comments from Federal Reserve chairman Jerome Powell at the ECB forum.

30 June 08:20

Wall Street pressured by recession fears

US equities ended slightly lower on Wednesday, relinquishing earlier gains as mounting concerns over rising interest rates and recession fears sapped risk appetite.

23 June 08:00

This Week: Stocks desperate for support

Traders and investors around the world will continue being very attentive to the Fed’s goal of subduing consumer prices, wary that more Fed rate hikes could ultimately lead to a US recession. Fed Chair Jerome Powell’s testimonies before Congress this week will be scrutinised for more signals about the US economic outlook in light of more incoming Fed rate hikes, although this holiday-shortened US trading week doesn’t feature any tier-1 economic data releases.

20 June 09:20

Wall Street jumps after Fed hikes rates

US stocks rallied on Wednesday after the Fed approved its biggest rate increase since 1994 but reassured markets that such jumbo-sized hikes would be rare.

16 June 07:41

S&P 500 Dips On Growth Worries

Overnight on Wall Street, shares were hit by concerns over slowing growth and inflation fears.

9 June 05:30

Record Euro-zone inflation keeps stocks under pressure

This week, we learned that Euro-zone inflation hit a new all-time high. The Stoxx 50 is attempting to break out of multi-month downtrend, even as stock markets on the continent have largely followed the global selloff, with major European indices down by double-digits so far this year.

2 June 10:00

S&P 500 climbs as Fed strikes less hawkish tone

US equity bulls were injected with fresh inspiration on Wednesday evening after the Federal Reserve minutes struck a less hawkish tone.

26 May 07:14

S&P 500 On Brink Of Bear Market

After shedding 4% on Wednesday, the S&P500 is now 18% below its all-time high and frightening close to a technical ‘bear market’.

19 May 08:13

S&P 500 tumbles as US Inflation simmers

The S&P 500 received a thorough beating on Wednesday afternoon after U.S inflation data failed to calm investor concerns about rising interest rates.

12 May 08:17

Fed move spurs risk relief rally, but inflation battle remains

The US Federal Reserve delivered its biggest rate hike in 22 years as it raised the Fed Funds rate by 50 basis points (bps), as expected.
However, there was a dovish surprise in that Fed Chair Jerome Powell poured cold water on the prospects of a super-sized 75bps hike.
The S&P 500 saw its biggest single-day gain in two years, while the benchmark US dollar index (DXY) dipped below 103.

5 May 12:16

US stock market musters rebound

US stock indices traded sharply higher on Wednesday, snapping a four-day rout.

10 March 11:43

US equites drop as investors shun risk assets

Frenzied selling was seen across the US stock market on Tuesday, March 8, 2022. The current geopolitical situation is having an impact on the entire global economy as the sanctions imposed on Russia are already cutting both ways. These measures, taken by the West, have pushed up energy prices to record highs. Additional negativity comes from the Federal Reserve’s policy stance. The regulator will be reversing its monetary policy path shortly, with the rate liftoff right around the corner. Such key fundamental factors can be expected to add further momentum to the downtrend in the US stock market.

9 March 13:04

US indices pull back amid geopolitical turmoil

US equity benchmarks closed the trading week to the downside. On Friday, March 4, investors continued to bail out of risk-sensitive assets, amid an unstable geopolitical news flow, and due to the Fed’s imminent rate liftoff, which will mark a complete reversal in the regulator’s monetary policy settings. Meanwhile, even a stellar NPF report was unable to propel the market into positive territory.

5 March 12:52

Bears drag down indices

US equity benchmarks predictably pulled back on Thursday, February 3. Bullish sentiment faded as market participants as selling of risk-sensitive assets resumed. The prerequisites are in place for the medium-term downward trend to continue, ranging from highest US inflation rate in the past 40 years, to a turnaround in the Fed's monetary policy. At this point, anything could serve as a pretext for selling to continue, but the bears chose the stagnation of IT giant Meta (Facebook) as their trump card.

4 March 14:34

US indices get a boost from Powell speech

American equity benchmarks closed sharply higher on Wednesday, March 2, on the heels of the Fed Chair’s positive testimony to the US House of Representatives. Jerome Powell made it clear that the interest rate hike will not be as hawkish as previously expected. Investors feared an epic 0.75 bps rise. The market for risk-sensitive assets shot up on the back of this positive event, with the indices up in the range of 1.6-1.9%.

3 March 14:00

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