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US Open: Stocks slip but are set for a strong weekly gain
Stocks pare yesterday's rally after big US banks prop up First Republic Bank. Nasdaq is set to gain over 5% this week. US Michigan confidence is due shortly.
US Open: Stocks rise after inflation data
US stocks are set to open higher after headline inflation cooled in line with forecasts but core inflation was hotter than expected.
US Open: Stocks fall as contagion risk rises
US stocks extend losses from last week, with regional US banks dropping the most. Despite deposits being fully guaranteed, investors are fretting over contagion within the sector.
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US Open: Stocks rise as jobless claims hit a 10 week high
Futures etase earlier losses after US jobless claims rise y more than expected in a case of bad news is good news for stocks.
A bullish case for the Nasdaq 100
Whilst Jerome Powell’s hawkish comments have weighed on Sentiment this week for equity traders, the Nasdaq 100 is hold up pretty well at just -0.6% lower.
US Open: Stocks rise cautiously with all eyes on Powell's testimony
Stocks edge higher ahead of Powell's appearance before Congress where he will testify on monetary policy. A hawkish stance could pull stocks lower & lift the USD.
Two trades to Watch: EUR/GBP, NASDAQ
EUR/GBP rises ahead of inflation data. Nasdaq breaks below the 200 sma ahead of US jobless claims data.
US Open: Stocks edge higher ahead of housing & consumer confidence data
US stocks climb higher, but fall across the month on hawkish Fed fears. US house price and consumer confidence data is due to be released.
US Open: Stocks tank after the Fed's preferred inflation gauge unexpectedly rose
US stocks tumble after hotter than expected inflation fuels hawkish Fed bets. USD rallies and Gold tumbles.
US Open: Tech stocks lead the way after upbeat NVIDIA guidance
US stocks rise ahead of US Q4 GDP data and after upbeat guidance from NVIDIA.
Nasdaq 100: Hard landing or soft landing? What about NO landing!
As the “no landing” scenario has gained credence, traders are divided over what matters more to stocks: rising rates or a resilient economy...
US open: Strong data sinks stocks
PPI rose by more than expected and jobless claims unexpectedly fell. The data points to a more hawkish Federal Reserve and higher rates for longer.
Is the NASDAQ 100 / Russell 2000 Ratio about to scream higher?
If the ratio is rising, the NASDAQ 100 is outperforming. If the ratio is falling, the Russell 2000 is outperforming.
Index in Focus: NASDAQ 100 – trading at key level
The NASDAQ 100 is currently trading at key levels and has formed a bullish flag pattern
US open: Stocks extend losses as recession fears rise
Stocks are heading southwards extending yesterday's losses as recession fears rise ahead of the US Michigan consumer confidence data.
US open: Stocks rise as earnings roll in, Disney impresses
Stocks head higher, rebounding from yesterday's declines. Disney beats forecasts and jumps on cost cutting drive.
What if the Fed Fund Futures curve is too dovish? https://t.co/9fXk8wQMSE https://t.co/xav6eMcJJQ
Traders hedge the Nasdaq’s rally during a typically volatile month
We noted that futures traders are increasingly net-short the Nasdaq, and that February has been the most volatile months for the index over the past five years.
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Nasdaq 100 uptrend intact after Fed Williams rehashes Powell
Markets are skeptical that the central bank will tighten policy enough to derail the economy, even if inflation remains stubborn.
US open: Futures lack direction ahead of Fed Powell's speech
Futures point to a mixed start as investors look ahead to a keenly awaited speech by Fed Chair Powell. Biden's State of the Union address is also due later.
Stronger US data maintains goldilocks scenario for risk assets
As well as GDP, there were positive surprises in Jobless claims and durable goods orders
Nasdaq 100 poised to erase the weekly gain after downbeat guidance from Microsoft
With the index trading between its 50- and 200-day EMAs, as well as the middle of 4-month range, there is no clear medium-term technical bias...
US open: Stocks edge lower with earnings, PMI data in focus
US stocks are set to open lower as earnings ramp up and ahead of US PPI data, which is expected to fall further.
US open: Stocks fall on lingering recession fears
Stocks selloff for a second day as recession fears linger. US jobless claims show resilience in the labour market.