U.S. markets hovered near all-time highs as Friday's employment data fueled rate cut expectations, with the S&P 500 adding 0.96% for the week and Canada's S&P/TSX rising 0.17%.
U.S. stocks experienced gains in a shortened trading session, with the S&P 500 rising over 1% for the second consecutive week and reaching new record highs.
Investors were enthusiastic about stocks this week, driven by expectations that Donald Trump's economic policies will enhance corporate profits through tax cuts and deregulation.
This week, the earnings reports from the Magnificent Seven tech stocks highlighted mixed results. Apple saw a decline in its stock despite record iPhone sales.
Global markets ended the week mostly lower, with the S&P 500 falling 0.96% in its first weekly decline since early September, while the NASDAQ managed to stay marginally positive with a 0.16% gain.
Chinese stocks experienced a significant decline as investors adjusted their positions ahead of a crucial policy briefing by the Ministry of Finance, scheduled for Saturday.
The S&P 500, Nasdaq and TSX Indices closed slightly higher, supported by positive labour market data that bolstered expectations for a soft landing in the economy.
U.S. equities had one of their strongest weeks of the year as traders anticipated the Federal Reserve's upcoming meeting, where a reduction in interest rates is widely expected.
The S&P 500 index gained approximately 1.5% for the week, nearing its all-time highs. All but one (Energy) of the sectors in the S&P 500 advanced, reflecting continued investor optimism.
Markets have experienced a turbulent week, with the S&P 500 showing minimal movement after a significant volatility surge and suffering a fourth consecutive week of declines.
Wall Street experienced a significant selloff this week, with the Nasdaq 100 entering into correction territory (down 10% from its peak) and the S&P 500 on track for its worst reaction to jobs data in almost two years.
The U.S. stock market is poised to extend its decline for a third consecutive session on Friday, with major indices experiencing significant weekly losses.
The U.S. markets experienced a significant options expiration event known as "triple witching," with an estimated $5.5 trillion in contracts set to expire.
The economic data to close out the week was seen as a "Goldilocks" scenario by markets, indicating the economy is cooling enough for the Federal Reserve to likely start cutting interest rates as soon as September.
A rally in the world's largest technology companies, particularly Microsoft and Alphabet, has lifted stocks and provided relief to investors concerned about the economic backdrop and the potential for rate cuts this year.
Heightened geopolitical risks, particularly between Israel and Iran, caused stocks to decline while safe-haven assets like bonds and the dollar surged.
The S&P 500 Index saw modest weekly gains, propelling equities to their most impressive first-quarter performance since 2019, bolstered by the latest U.S. GDP figures.
Stocks experienced a slight decline on Friday, halting the week's rally triggered by the Federal Reserve's commitment to potential interest rate cuts this year.
The S&P 500 ended the week slightly down, as tech stocks sold off, coinciding with a significant Friday options expiration with approximately $5.3 trillion in options set to expire, adding to the market's volatility.
The equity markets reached new all-time highs this week, with the S&P 500 and NASDAQ indices climbing by 1.66% and 1.40% respectively, marking a continued upward trajectory in investor sentiment and market performance.
Performance across asset classes was mixed in January, following the broad-based rally in the last two months of 2023 when Jay Powell’s, Chair of the U.S. Fed, comments raised the prospects of rate cuts.
The S&P 500 reached a record high, heading towards its fifth consecutive week of gains, driven by optimism around a soft landing and excitement over artificial intelligence.
U.S. equities experienced a choppy session to the close the week, but the S&P 500 Index closed the week up nearly 2% and moved into positive territory to start the year.
Markets rallied sharply in November, driven by falling inflation data and comments from Fed officials suggesting they may soon reach the end of this tightening cycle.
The S&P 500 experienced a slight increase on Friday, rebounding from earlier losses and closing the week up 0.75% following Federal Reserve Chair Jerome Powell's statement ...
After a $2.7 trillion rally in November, spurred by speculation that the Federal Reserve might halt its hiking cycle, the S&P 500 is now trading above 4,500 and posted its third consecutive week of gains.
Both equity and fixed income markets continued their fall in October as bond yields rose sharply, while heightened geopolitical uncertainty also weighed on market sentiment.
Stocks rebounded as Treasury volatility eased, with the S&P 500 crossing the crucial 4,400 technical mark and finished the week up 1.3% to a seven-week high.
Stocks rallied, indicating that the Federal Reserve's stance of no further rate hikes and potential rate cuts as early as June resonated with investors.
September lived up to its reputation for being a historically challenging month for markets, as both equity and bond markets saw their worst declines of the year.
Mega-cap tech stocks, including Microsoft, Apple, and Nvidia, propelled U.S. stock benchmarks higher, with the S&P 500 gaining 0.5% and the Nasdaq climbing 1.6% on the week.
The S&P 500 Index faces its worst week in six months as global investors grapple with the possibility of sustained high interest rates to combat inflation.
The U.S. stock market saw increased volatility and a decline in response to a $4 trillion options event, alongside concerns about a strike impacting Detroit automakers.
The end of July marked the peak for the S&P 500 so far this year, as the steady market uptrend that began in mid March started to retreat as soon as the August began.
Stocks climbed as traders analyzed comments from Federal Reserve speakers, including Jerome Powell's statement that officials will be cautious about raising interest rates, signaling a prolonged period of tighter policy.
Equity markets faced a significant decline as fears of higher rates weakened sentiment, driving key indices toward their largest weekly loss since March.
U.S. markets marched into bull market territory in July as economic data continues to show resilience with strong growth and key inflation indicators easing.
Tech mega caps faced renewed declines, causing stock markets to struggle as bond yields rose. The S&P 500 experienced a volatile week which ended with a small 0.30% loss, while the Nasdaq was down nearly 2%.
Investors remain optimistic as U.S. data supports the “Goldilocks” scenario of a balanced economy with key inflation indicators easing while positive economic outlook fuels speculation that the economy can avoid a recession.
The Nasdaq was slightly positive on Friday, attempting to recover losses from the previous session following disappointing earnings from Tesla and Netflix, leading the index 0.57% lower this week.
Earnings season kicked off with positive quarterly earnings from JP Morgan, Wells Fargo, and Citigroup, who all benefited from higher interest rates...
Equity markets had another positive month as the S&P 500 was up 6% in June, bringing year-to-date returns to 14.5%, while the Nasdaq is officially back in bull market territory, up 36.7% year-to-date.
U.S. stocks trimmed gains following mixed hiring data this week, the S&P 500 traded off recent highs with lower volume and closed the week down 1.15%, while the Nasdaq fell 0.90%.
Tech Mega Caps, including Apple, fueled a strong rally, propelling the Nasdaq 100 to a historic first-half performance. Investors embraced positive inflation data, favoring economic growth.
U.S. stocks retreated, ending the S&P 500's five-week winning streak, as concerns over higher borrowing costs and hawkish signals from central banks resurfaced.
The S&P500 rose 0.4% in May and remained in a holding pattern throughout month as investors waited for clarity on the U.S. government’s ability to secure a deal to raise the debt ceiling limit.
The stock market saw another week of gains driven by the enthusiasm surrounding artificial intelligence (AI) and growing confidence in the U.S reaching a deal on their debt limit.
The stock market experienced a volatile week but was down only slightly from last week as investors eagerly awaited signs that the Federal Reserve's rate hiking cycle is approaching its end.
After a four-day loss, the US equity market rebounded on Friday following the release of April job data that showed the economy added more jobs than expected...
U.S. equities continued their rally on Friday with the S&P 500 gaining 0.8% (0.9% for the week) due to better-than-expected earnings from Exxon and Intel.
This week, the Nasdaq stocks were positive, but underperformed the broader U.S. market as traders increased bets that the Federal Reserve could raise interest rates at least once more this year.
U.S. equities rallied on Friday and extended the weekly gains to over 3% for both the S&P 500 and Nasdaq as key inflation measures showed signs of cooling...
On Friday the U.S. market gave back some of the weekly gains as major banks put restrictions on trading with Credit Suisse and First Republic dragging the regional banking sector index lower.
The U.S. market bounced back after a difficult week last week as investors speculate that the Fed won’t raise rates above the peak rates that are currently being priced in.
The U.S. market fell over 1% this week, led by a sell-off in the Technology sector, as a handful of Fed speakers re-emphasized the potential for interest rates to move higher and stay higher for longer.
The U.S. market fell over 1% this week, led by a sell-off in the Technology sector, as a handful of Fed speakers re-emphasized the potential for interest rates to move higher and stay higher for longer.
The US market was resilient this week after disappointing 2023 outlooks from several large companies was overshadowed by speculation of smaller Fed hikes as inflation continues to cool.
U.S equities recovered some of the losses from earlier this week as tech rallied on positive earnings from Netflix as they surprised with better-than-expected subscriber growth and Alphabet (like many other tech companies) announced ~12,000 job cuts.
The U.S market continued to show strength and closed up 2.7% for the week as inflation data came in below expectations on Friday causing the major banks to rebound after starting the morning negative.
The S&P 500 finished positive this after multiple consecutive weeks of losses but remains in the tight trading range that we’ve experienced since mid December.
Like Argentina’s strong performance following a weak start to the FIFA World Cup, markets bounced-back in November following a pull-back in mid-October.
The recession narrative started gaining more traction after U.S. inflation data were released, causing U.S. equities to drop as investors favoured bonds.
U.S. markets were down for the second week in a row. Concerns around quantitative tightening, hawkish central bank postures, and high inflation escalated.
Equities fell for the fifth straight week in the U.S. Markets continue to be affected by volatility as the Fed and BoE raised key interest rates once again.
Stocks declined following hawkish Fed meeting minutes, which highlighted the urgency of moving monetary policy “towards a neutral posture expeditiously.”
Strong activity across business and consumer segments of the global economy pushed stocks (as represented by the MSCI World Index in U.S. dollars) to reach all-time highs.
Following the quickest bear market descent in history, stocks rebounded sharply in the second quarter fuelled by unprecedented stimulus measures and a rally in technology stocks.