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AT&T: Still an attractive dividend play?

AT&T’s shares will go ex-dividend today. That means that shareholders who had bought into this stock prior to October 6^thwill be entitled to get a dividend payout from the company on November 1^st.

6 October 11:15

Nike earnings to focus on US inflation, China fears

Nike’s share prices, like most US stocks, have had a year to forget. So far in 2022, this stock has lost about a third of its value (-33.84%) compared to when the year started. Recently, it has also been posting daily closes below the psychologically-important $100 mark, an event not seen in over two years.

29 September 10:30

UK stocks await Bank of England hike

The rescheduled Bank of England meeting takes place today with the rate decision slated for 11.00 GMT. Money markets actually predict a bigger 75bps rate hike today taking rates to 2.5%, while consensus only sees another half-point rate rise.

22 September 11:53

Adobe shares need a bright earnings spark

Adobe’s stocks are going through a tough time. Yet even some resilient earnings, to be announced after US markets close today (Thursday, 15^th September), may not be enough to excite markets.

15 September 10:47

STOX50 awaits size of ECB rate hike

The European Central Bank will hold its policy meeting today (Thursday, September 8^th) and markets are expecting a rate hike, for sure. The question now is: will it be a 50-basis points (bps) hike? Or 75bps?

8 September 10:10

Lululemon earnings may defy economic woes

Sportswear retailer, Lululemon, is set to report the financial results from its fiscal Q2 (ending July 31^st) after the US market close on Thursday, September 1^st.

1 September 10:43

Nasdaq 100 set to react to Jackson Hole clues

As you may already know, tech stocks are highly sensitive to shifting expectations surrounding US interest rates. And sure enough, tech stocks careened in the first half of 2022, as the Fed began its ongoing rate hike cycle back in March this year.

25 August 12:11

Overbought Dow hits major resistance

The Dow Jones Industrial Average halted its run of five straight days of gains, even as US retail sales rose above expectations with nominal control group sales growing by 0.8%.

18 August 08:35

Markets reward Disney’s “stream” of good news

Disney’s stock prices climbed by almost 7% after US markets closed on Wednesday, after its fiscal third quarter financial results revealed a string of better-than-expected results.

11 August 11:40

Can dovish BOE restore FTSE 100 to 2022 peak?

The FTSE 100 is the only stock market in the Western developed world that has returned to the green on a year-to-date basis. At the time of writing, this UK blue-chip stock index is adding to its year-to-date gains and is up 0.9% so far in 2022.

4 August 12:01

This Week: Resilient US jobs report may test recent stock gains

The S&P 500, which is the benchmark index measuring the overall performance of US stock markets, surged by 9.1% in July. This blue-chip index has capped its biggest monthly gain since November 2020, climbing on the back of strong earnings from big names such as Apple and Amazon.

1 August 10:48

Apple Earnings: Positive surprise may push stock above 200-day SMA

Apple will report financial results from its fiscal third quarter after the US stock market closes today. Given its status as the largest stock on the S&P 500, with a market cap of over US$ 2.5 trillion, how markets react to its earnings could have an outsized impact on US stock markets overall.

28 July 12:11

This Week: S&P 500 bulls hope Fed, tech earnings can provide support

All eyes turn to the US Federal Reserve this week, as the wave of interest rate hikes continues worldwide. Let’s be clear: anything other than the widely-expected 75-basis point hike by the Fed this week would be a surprise. Negative earnings surprises out of Big Tech this week could undermine hopes of an immediate recovery for this benchmark US stock index.

25 July 10:36

STOXX 50 tests 50-day SMA resistance ahead of ECB hike

The coast isn’t yet clear for European stocks, despite Russia resuming its gas shipments to Germany via the Nord Stream 1 pipeline today. While the risk of an imminent energy crisis has been staved for now, markets are still on tenterhooks ahead of a contentious European Central Bank (ECB) policy decision due at 2:15PM Frankfurt time, with ECB President Christine Lagarde set to address the media half an hour later.

21 July 11:11

JPMorgan to kick off US earnings season

US earnings season is upon us once more, where publicly-listed companies reveal to markets how they’ve performed in the second quarter of 2022. The quarterly US earnings season traditionally kicks off with Wall Street giant, JPMorgan.

14 July 12:40

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