The NASDAQ and S&P indices close at record levels
The major US stock indices are closing mixed with the Dow industrial average lower while the broader S&P and NASDAQ indices are closing higher, and at record levels. A snapshot…
Read More »Newsquawk Week Ahead: US PCE and GDP, FOMC Minutes, RBNZ, Flash PMIs, UK and Canada CPI
Sun: Japanese Prelim. GDP (Q4) Mon: US Holiday (Washington’s Birthday/Presidents Day); Eurogroup Meeting; Swedish Unemployment (Jan), EZ Industrial Production (Dec) Tue: RBA Minutes (Feb); UK Unemployment/Wages (Dec), German ZEW (Feb),…
Read More »Morgan Stanley sticks with Nvidia, says underperformance is overblown
Morgan Stanley says Nvidia’s recent share lag is overdone, backing the stock to outperform as AI demand stays strong and the Vera Rubin platform reinforces its dominance. Summary: Morgan Stanley…
Read More »The week ahead: Earnings season shifts into maximum overdrive
We have a massive slate of mega-cap tech, critical industrial bellwethers, and the titans of energy all reporting next week. The key theme will be justification. Valuations are stretched in…
Read More »investingLive Asia-Pacific FX news wrap: Silver slammed lower
BOJ seen holding rates through March, lifting them to 1% or higher by September, maybeJuly BOJ Ueda reiterates sustained wage–price cycle, signals further rate hikes if f’casts hold China hails…
Read More »Trump blocks HieFo’s acquisition of Emcore semiconductor assets
Original source: https://www.investing.com/news/stock-market-news/trump-blocks-hiefos-acquisition-of-emcore-semiconductor-assets-93CH-4428357
Read More »Semiconductors surge as tech leads market rebound
Sector Overview The stock market witnessed a notable rally today, with the semiconductor sector leading the charge. Key players like Nvidia (NVDA) and Advanced Micro Devices (AMD) surged by 2.02%…
Read More »Tech sector dips: Mild losses for Nvidia and Oracle, while Tesla accelerates
Sector Overview In today’s market snapshot, the overall sentiment appears cautious with the technology sector exhibiting minor declines. Notably, Nvidia (NVDA) has slipped by 0.64%, leading the sector’s retreat. Meanwhile,…
Read More »US stocks close mixed but well off the lows
US stocks are closing mixed with the Dow and the S&P closed modestly higher, the Nasdaq still closed lower but still fell by 3% this week for its worst week…
Read More »Japan final manufacturing PMI for October 48.2 (down from 48.5 in September)
Japan’s manufacturing sector contracted at its sharpest pace in 19 months in October, as weakening global demand and sector-specific slowdowns in autos and semiconductors weighed heavily on output, a private…
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