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The Nasdaq is a growth index. This classification is notable because rising interest rates hit the growth side of the market hardest. So whether or not we have seen most of the move in yields is an important question? For example, a base will suggest possible value. However, this is not yet the case; technically speaking, the Nasdaq is in a very precarious position.
The tech benchmark is unable to capitalize on last week’s rebound and remains deep in bear territory, as stagflation fears persist
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.
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