On the macro level, investors are once again chasing after shares of tech companies after a steep sell-off in the US equity markets last month. Despite the last week’s intense dip, the tech-based Nasdaq 100 (NDX) is just 3% below its all-time high. Many traders, especially retail traders, have fought to buy back into call […]
The US equity markets traded lower on Thursday, as losses in the Healthcare, Technology, and Telecommunications sectors weighed heavily on markets. By the close of the market yesterday, the Nasdaq 100 (NDX) dropped by 0.72%, while the S&P 500 dropped by 0.15%, and the Dow Jones (DJIA) declined by 0.07%. With the 2020 Presidential Election […]
Wall Street equities saw significant growth yesterday, with the technology and financial sectors leading the rally, as investors await big bank earnings this week. JP Morgan, Citigroup, Bank of America, Goldman Sachs, and Wells Fargo are the major names headlining the Q3 report releases this week. Based on a report by Factset, earnings expectations over […]
The US equity markets had a bullish session yesterday with the Nasdaq 100 (NDX) growing by 0.42%, the S&P 500 (SPX) by 0.80%, and the Dow (DJIA) by 0.43%. The risk-on mood was triggered by the developments surrounding the November 3 Presidential Elections. Recent polls from the US show that Democratic Presidential candidate Joe Biden […]
The US stock index futures traded in a subdued manner on Tuesday as investors carted away profits from the rally that sent the Nasdaq 100 (NDX) to a fresh weekly high. The rally also sent the S&P 500 (SPX) and Dow (DJIA) to fresh 2-week highs, as the markets waited on a fiscal stimulus agreement. […]
Wall Street had a rough session on Thursday and traded with mixed sentiment. The Nasdaq 100 (NDX) jumped by 1.42%, while the S&P 500 (SPX) and the Dow Jones (DJIA) rose by 0.53% and 0.13% respectively. Investors’ sentiment remains under pressure over the second fiscal stimulus package and the ever-increasing number of COVID-19 infections across […]
The Nasdaq 100 (NDX) grew by 1.9% at the start of this week in a continuation of Friday’s surge, as the index sought to end its 4-week-old retrace. The rally this week was broad-based, with the usual suspects like Apple (NASDAQ: APPL) and Microsoft (NASDAQ: MSFT) topping the charts. The financial and energy sectors were […]
Q3 is not turning out fine for the equity markets as many had expected. After what could be described as one of the sharpest bull runs over the past six months, American equities have come under serious selling pressure in September. While there’s high optimism over a possible vaccine by the end of the year, […]
The Nasdaq 100 (NDX) index traded on a mixed tone through Monday and closed higher with 0.4%. The markets found some relief yesterday following President Trump’s decision to halt the ban on Chinese social media apps WeChat and TikTok. However, traders are monitoring developments on the TikTok-Oracle deal to get clearer insights into the state […]
