General information
The tech-heavy index has indeed climbed 20.3% since the closing price on 28th December 2022, which was then a two-year low, meeting the criteria of a 20% climb from a recent low to mark a “bull market”.
30 March 11:27
Should markets increasingly expect an actual Fed rate cut in Q3 2023, or even an official pause on the Fed rate-hiking cycle at its next policy meeting in May (52% chance of such an occurrence), that should help the Nasdaq 100 officially lay claim to a bull market.
23 March 12:10
Governments and central banks across major economies are scrambling to limit the knock-on effects from the rapid collapse of Silicon Valley Bank (SVB), a key financier of the tech and startup ecosystem around the world.
13 March 11:19
However, this latest iteration is likely to succumb to fundamental drivers over the course of this month that are set to have a greater influence rather than technical signs.
9 March 11:56
At the time of writing, the futures contracts for the S&P 500 are extending February’s declines into this month. At the time of writing, the benchmark index for US stock markets has gone below the widely-watched 100-day and 200-day simple moving averages (SMA), having earlier already broken below the uptrend line from October’s trough.
2 March 11:05
Tech stocks have taken the latest FOMC minutes in its stride, despite already having dropped considerably over the past week over fears of a more-hawkish-than-expected Federal Reserve.
23 February 10:53
The world’s largest crypto has punched to its highest levels since August, with crypto-linked stocks also soaring in tandem on Wednesday.
16 February 11:31
This report is the singular most important data point for the Fed so is fully expected to move markets.
13 February 10:02
Disney’s stocks soared by as much as 11.9% in after-hours trading, after announcing a major shakeup.
9 February 11:22
Now that the latest FOMC meeting is behind us, equity markets are set to shift their attentions to the earnings due after US markets close on Thursday Feb 2nd out of these three tech giants: Apple, Alphabet, and Amazon.
2 February 11:22
Mastercard is set to report its 4Q earnings in just a few hours, before US markets open today (Thursday, January 26th).
26 January 09:35
Equity bulls will be hoping that the US economic data and the earnings support this risk-on narrative.
23 January 10:30
Netflix is set to announce its quarterly earnings after US markets close today (Thursday, January 19th). Markets are predicting a move, either up or down, of 10.8% for the streaming giant’s shares when US market reopens on Friday, January 20th.
19 January 11:09
JPMorgan Chase & Co. is set to announce its latest quarterly results before US markets open on Friday, January 13th.
12 January 11:28
The benchmark index for US stocks is having a restrained start to the new year so far. Tuesday’s declines of 0.4% were offset by Wednesday’s 0.75% advance at the close.
5 January 09:51
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