NAS100 Re-enters Correction after Mixed NFPs & Ahead of CPI
The tech-heavy index posted its worst week of the year and re-entered correction territory after a negative reaction to the NFPs, as markets await Wednesday’s inflation update
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The tech-heavy index posted its worst week of the year and re-entered correction territory after a negative reaction to the NFPs, as markets await Wednesday’s inflation update
Yesterday, the S&P 500 fell for a third consecutive session as markets await today's key August jobs report, which could influence the Federal Reserve’s upcoming interest rate decision. Broadcom’s disappointing revenue guidance and concerns over the AI rally added to market jitters.
The tech-heavy index is on the verge of correction, as Nvidia suffered heavy losses and weak PMIs reignite recession fears, ahead of Friday’s jobs report
Biotech stocks are showing signs of recovery, supported by expected rate cuts and bullish technical indicators. The sector's improving fundamentals could provide a strong boost to the broader healthcare market.
After a strong performance last month, HKG33 starts September with a fall to critical tech levels as manufacturing PMI contracted further
Despite the AI bellwether's blockbuster results, guidance created concerns, but NAS100 regains its footing as markets focus on Fed rate cut prospects
The revenue surge of Xiaomi partly due to the successful EV entry provides support to HKG33 and helps it look overcome the Walmart JD stake sale, but technical hurdles loom
HKG33 rebounded after the poor weekly start, but trades with caution ahead of key resistance cluster, despite an acceleration in Chinese inflation
The Japanese index unraveled due to the BoJ rate hike and Yen rebound, but stages a rebound helped by dovish comments from BoJ officials
Global markets are volatile, with the Nasdaq and Nikkei experiencing significant drops. Weak U.S. jobs data and central bank policies are fueling recession fears. Safe-haven assets are rising, and analysts caution that while recent market corrections may offer opportunities, the situation remains uncertain.
The tech-heavy slumps to correction territory as Friday’s jobs report sparked recession fears and boosted market pricing for aggressive rate cuts while Mag7 earning did not dispel AI bubble fears
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