SPX500 Rebounds from the Depths of the Bear Market
The US benchmark index is on the front foot, trying to exit from the bear territory and heads towards its first profitable week in a month
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The US benchmark index is on the front foot, trying to exit from the bear territory and heads towards its first profitable week in a month
Against a backdrop of high inflation, tightening monetary environment and recession fears that has been detrimental to global stock markets, we take a look at some companies that will be on our radar over the coming months, as the third quarter and the new earnings season approaches
The US central bank delivered its biggest rate increase in almost 30 years earlier in the week and tech sector reels, despite initial reaction higher
The US Federal Reserve hiked rates by 75 basis points, which is the biggest increase since 1994, catering to the aggressive market expectations after recent surge in inflation
The US index plunged on Monday and closed in bear territory, in the aftermath of the renewed surge in CPI Inflation, but stages a rebound today, ahead of Wednesday’s policy decision by the Fed
US indexes trade in their long-term weak areas. All have associated underlying momentum to the downside, but the small companies index is especially afflicted.
During the week of June 03-10, the Musk-Twitter saga, Uber’s CEO upbeat commentary, Amazon stock-split, EV maker NIO somewhat disappointing results, were some the news that stood out
An article has suggested Twitter will provide spam information to Elon Musk.
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