Stocks Pick of The Week - Some Top Performers in First Half Could Pause, Despite Positive Outlook
Major US stock indices achieved substantial gains in a week marked by positive news. The rise was primarily fuelled by the success of prominent banks in passing the Federal Reserve's stress test and...
Stocks Pick of The Week - Investor Caution Advised as Fed's Rate Hiking Continues, Focus on Quality
Amid recent positive indicators for the US economy, a sense of caution persists as concerns of an impending recession loom.While the job market and services sector demonstrate resilience, and the...
Stocks Pick of The Week - Investors Remain Sceptical as Fed Considers Rate Hikes
Despite the Federal Reserve's intention to convey a message of anticipated interest rate increases, the market responded with scepticism. Following the FOMC meeting in June, stocks turned bullish as...
Fed's Policy and Market Outlook: Assessing Risks Amidst Volatility
The recent surge in stock prices has captured attention, driven by several factors, including the easing of regional banks' crisis, expectations of the Federal Reserve pausing its rate hike, a robust...
Stocks Pick of The Week - Fed's Impact and Stock Market Outlook: Google, Apple, and Netflix in Focus
US stocks continue to ride high after a strong May jobs report and the Congress passing a debt ceiling bill. However, investors are wary of the narrowness of the rally, with some shifting towards...
Mixed Sentiment Persists in US Stock Market Amid Strong NFP; Fed Decision Holds Key
The US stock market has been a turbulent landscape recently, as investors grapple with mounting concerns over inflation, sluggish economic growth, and the trajectory of interest rates. Despite this...
Stocks Pick of The Week - Upcoming Economic Indicators Pose Challenges for the Fed
The release of crucial economic data, including nonfarm payrolls, the unemployment rate, and hourly wages, will shed light on the Federal Reserve's dilemma as it approaches the June policy meeting....
US Debt Ceiling Resolution May Offer Temporary Boost to Stock Market
The resolution of the US government's debt ceiling negotiations has brought a collective sigh of relief to global markets. The news of the agreement has sparked a rebound in the stock market, with...
Stocks Pick of The Week - Tech Companies Boost Sentiment Amid Debt-Ceiling Concerns
The Nasdaq Composite experienced a notable surge following Nvidia's strong sales forecast, fueled by the increasing demand for artificial intelligence technology. Nvidia's stock soared by 25%,...
Debt Ceiling Crisis Casts Shadow on Sentiment as Fear Gauge Signals Further Stock Declines
Negotiations on the US debt ceiling are set to continue Monday, with federal leaders working towards a resolution as the risk of a potential default looms. President Joe Biden and House Speaker Kevin...
Stocks Pick of The Week - Debt Ceiling Progress Spurs Market Focus on Tech Sector
Investors have been seeking confirmation that debt-ceiling negotiations are progressing positively following President Biden's optimistic remarks to avoid a default. The sentiment was boosted as...
Uncertainty Looms as Debt Ceiling Talks and Federal Reserve Policy Offer No Clear Direction
Last week, Wall Street was sparked by concern after the University of Michigan released a preliminary reading showing a six-month low in consumer sentiment.
Stocks Pick of The Week - Market Jitters As US Debt Ceiling and Banking Crisis Loom, But Three Safe Haven Stocks Remain Available
Despite upbeat economic data, stocks faced resistance due to disappointing corporate performance and persistent banking fears. In April, wholesale prices in the US rose 0.2% for the month,...
US CPI Report This Week Will Reveal What Fed Will Do In June
Investor attention this week turns to April’s consumer price index out Wednesday, followed by the producer price index on Thursday. Financial markets are hoping that it continues to remain subdued....
Stocks Pick of The Week - Banking Crisis Aids Federal Reserve’s Mission of Cooling Down Economy
The recent dip in the Dow Jones Industrial Average amid concerns over banking issues does not necessarily foreshadow a significant drop below multi-year lows. The volatility in the banking sector...
Fed Meeting This Week To Provide With Clues On Whether It’s The Last Hike
Wall Street is gearing up for the Federal Reserve's policy-setting committee meeting this week, with a decision on whether to raise the benchmark Fed funds rate expected to be released on Wednesday.
Stocks Pick of The Week - Tech Earnings Rally May Be Short-Lived
Investors should be cautious about over-enthusiasm regarding the latest tech earnings, as a dovish Federal Reserve may not necessarily result in higher stocks prices. The correlation between the...
Stocks Pick of The Week - The Rise of AI Giants: Microsoft, Nvidia, and Alphabet's Strategies for Dominance in the AI Field
The stock market faced a dip recently, spurred by a mixed bag of corporate earnings and concerning economic data, including signs of a contracting economy. Disappointing results from companies like...
Traders Shift Focus From Inflation To Earnings As SVB Collapse Weighs On
Corporate earnings got off to a positive start, as banking giants Wells Fargo and JPMorgan Chase beat expectations. Still, discouraging retail sales data showing a slowdown in consumer spending by 1%...
