Market Highlights

Market Highlights

2025-11-28

A gauge of global equities held firm after four days of gains, following a recovery fueled by bets that the Federal Reserve will cut interest rates faster than previously thought. The MSCI All Country World Index was little changed after trimming its drop for November to 0.4% in the prior sessions. The gauge had been down nearly 4% for the month just over a week ago. European and Asian benchmarks posted modest moves, with US markets closed for Thanksgiving. In another sign that risk appetite is returning, Bitcoin traded above $91,000 for the first time in a week. The dollar paused a two-day retreat. The moves in stocks tracked firmingexpectations for Fed easing, with money markets pricing in roughly an 80% chance of a quarter-point cut next month and leaning toward three more by the end of 2026. A little more than a week ago, traders were projecting three cuts in total. It also signals fresh optimism after worries over stretched tech valuations hammered equities earlier in the month

2025-09-02

US stock futures staged a small rebound from a technology-led selloff, setting a steadier tone as a testing month begins with markets near record highs. S&P 500 and Nasdaq 100 contracts advanced 0.2%, with cash trading in US stocks and Treasuries closed for the Labor Day holiday. The dollar was little changed. Europe’s Stoxx 600 rose 0.2%. BAE Systems Plc and Rheinmetall AG led advances in defense shares after the Financial Times reported that Europe is working on detailed plans for potential post- conflict deployments in Ukraine. Asian equities were mixed, with a 19% surge in Alibaba Group Holding Ltd. contrasting with a slump in chipmaking shares.

2025-09-01

Wall Street traders drove stocks lower amid a selloff in tech shares that have powered the surge from April’s meltdown. The slide came despite inflation data that did little to alter bets on Federal Reserve rate cuts, with short-dated Treasuries outperforming. A rout in the S&P 500’s most-influential group drove the index down from a record at the end of a solid August. The Nasdaq 100 fell 1.2%. The market is bracing for what is known as the weakest month for US shares, as institutional investors rebalance, retail traders slow their buying and volatility picks up. Asian equities were under pressure after a tech selloff hit Wall Street, with chip shares among the biggest losers. Hong Kong was an outlier as Alibaba Group Holding Ltd. surged.

2025-08-29

A solid economic reading drove stocks to fresh all-time highs, but Wall Street traders refrained from making big moves before inflation data that could bring more clues on the pace of Federal Reserve rate cuts. Short-dated Treasury yields rose. The dollar fell. Just 24 hours ahead of the release of the Fed’s favored price gauge, data showed the US economy expanded faster than initially estimated, underscoring the resilience of America’s primary growth engine — consumer Spending Stocks drifted lower as traders held back from bold wagers ahead of Friday’s US inflation data that may test current bets on how quickly the Federal Reserve can adjust interest rates lower.

2025-08-28

Stocks fell in late hours after Nvidia Corp.’s revenue forecast struggled to clear elevated expectations, weighing on sentiment across the technology sector and testing the strength of the AI-fueled rally that has dominated global markets. A $660 billion exchange-traded fund tracking the S&P 500 dropped, following an advance that drove the equity benchmark to a fresh record on Wednesday. The chipmaker slid 2.5% after projecting fiscalthird-quarter sales of about $54 billion, excluding China data-center revenue. While the outlook matched estimates, it trailed the more optimistic forecasts Stocks shook off an initial drag from Nvidia Corp.’s sales outlook missing lofty expectations, indicating that momentum behind the record-breaking rally remains intact.

2025-08-27

The dollar fell and longer-dated Treasury yields rose as President Donald Trump’s push to remove Federal Reserve Governor Lisa Cook fueled concern about central bank independence and inflation risks. Stocks eked out gains before Nvidia Corp.’s results. While the moves were modest in listless summer trading, they underscored growing unease over political interference in monetary policy. That could give Trump another chance to name someone to the Fed board as he repeatedly pressures officials to cut rates Technology shares advanced in Asia before Nvidia Corp.’s earnings as investors awaited the company’s take on chip demand to gauge the sustainability of a global stock rally since April.

2025-08-26

A rally that put stocks on the brink of all-time highs sputtered and bond yields rose as euphoria around Federal Reserve rate cuts eased just days ahead of a key inflation reading. While Jerome Powell on Friday signaled a September rate cut is likely amid downside risks to the jobs market, doubts over the pace of those reductions lingered on Wall Street. In addition to officials remaining divided, traders are bracing for a not-so-friendly price reading later this week. The dollar pared most of its losses as Federal Reserve Governor Lisa Cook vowed not to resign, defying President Donald Trump’s move to oust her.

2025-08-25

Stocks surged, reversing a week of losses and sending the Dow Jones Industrial Average to a record, while bond yields fell as surprisingly dovish comments by Jerome Powell convinced investors that rate cuts are all but guaranteed. By shifting focus toward risks in the jobs market, the Federal Reserve chief signaled it may not wait for perfect inflation before slashing rates Asian shares tracked Wall Street’s rally as traders increased bets the Federal Reserve will lower interest rates next month following dovish comments by Chairman Jerome Powell.

2025-08-22

Caution prevailed on Wall Street ahead of Jerome Powell’s speech, with stocks falling and bond yields rising as a key factory report raised concern that inflation pressures could dim the outlook for rate cuts. The fastest growth in manufacturing since 2022 drove Treasuries lower, with 10-year yields up four basis points to 4.33%. Federal Reserve Bank of Cleveland chief Beth Hammack said she wouldn’t support easing if officials had to decide tomorrow. The S&P 500 slipped for a fifthstraight day, its longest slide since January. Most big techs slid. Walmart Inc. sank 4.5% on a profit miss. Caution lingered across markets ahead of Federal Reserve Chairman Jerome Powell’s speech as traders pared wagers on an imminent interest-rate cut

2025-08-21

Stocks rebounded from session lows after a week-long tech selloff, in the latest sign of febrile Wall Street trading ahead of Jerome Powell’s Jackson Hole speech. Following a rout that shed billions of dollars from US equity values, buyers emerged in the last stretch of Wall Street trading. A renewed slide in big tech and signs inflation remains the predominant concern of Federal Reserve officials weighed on trading Wednesday. Asian technology stocks edged higher after dip buyers steadied the Nasdaq 100 index late in US trading, while markets tread cautiously ahead of the Federal Reserve’s Jackson Hole meeting.

2025-08-20

Global stocks paused after a record-breaking run, with a sharp selloff in heavyweight technology shares dragging markets lower and futures indicating further losses. Contracts for the Nasdaq 100 index declined 0.5% after the gauge slumped due to stock rotation and posted its second-worst drop since April’s tariff shock. Futures for the S&P 500 retreated 0.3% and those for European stocks fell 0.6%. Asian shares tumbled 0.8% with technology firmssuch as Taiwan Semiconductor Manufacturing Co. and SoftBank Corp. leading. Treasuries slipped, pushing the yield on the 10-year higher by one basis point to 4.32%. Oil rose 0.6%, recouping some losses from the prior session. A gauge of the dollar extended its gains to a third day. The New Zealand dollar weakened and bonds rallied after the central bank lowered rates by 25 basis points and suggested there was scope for more cuts.
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