SPX500 Lacks Firm Direction after Global Growth Downgrades
The Index has been consolidating since late-May, as renewed Fed hawkishness and stagflation fears halt its recovery, while investor prepare for new inflation update from the US
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The Index has been consolidating since late-May, as renewed Fed hawkishness and stagflation fears halt its recovery, while investor prepare for new inflation update from the US
The tech giant hosts its 2022 Worldwide Developers Conference (WWDC) this week, having announced new products and features, including a Buy Now, Pay Later service for its Wallet
Yields have kicked up, supported by the substantial job numbers. eyes now turn to the inflation numbers due at the end of the week.
Twitter gaps down as Musk representative sends letter to Twitter for spam information.
The US index is soft after yesterday’s rebound and gears up for the jobs report, at the end of a volatile and holiday-shortened week
US30 shows indecision ahead of open.
The US index is weighed by hawkish Fed-talk, as US investors return from their long weekend, after a stellar week
The US 10-year Treasury note has broken out of a falling wedge pattern following hawkish comments by Fed Governor Waller.
The week of May 23-27 was a good one for Wall Street, as SPX500 looks set to stop its seven-week losing. Nvidia’s record revenues and cautious guidance, Alibaba’s resilience and XPeng’s mixed results were some of the news that stood out
Apple looks to be trading at a discount to its intrinsic value. Nevertheless, caution is still warranted.
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