Wall Street futures are trading positive after the S&P 500 reached a new record high. Broad gains are supported by solid corporate earnings (with over 80% of reporting companies exceeding expectations) and optimism around diplomatic talks regarding the Strait of Hormuz. AMD (Advanced Micro Devices) reported record Q2 revenue of $11.5 billion (up 50% year-over-year) […]
S&P 500 supported by the AI trade Read More »
FTSE 100, S&P 500Markets are heading into the session with cautious positioning as investors brace for the Federal Reserve’s interest rate decision and a massive slate of mega-cap tech earnings. The Fed concludes its two-day policy meeting today. Markets are widely pricing in a 71% probability that rates remain unchanged and a 29% chance of a 25-basis-point rate
S&P 500: some upside in the short term Read More »
FTSE 100, S&P 500Investors are shifting focus from pure artificial intelligence (AI) hype to actual, near-term earnings. High-profile moments—such as Apple raising hardware prices due to surging memory chip costs and reports of Nvidia’s GPU spot prices cooling off—have triggered profit-taking. Wall Street is nervously watching for signs of inflation stickiness. A strong jobs report could prompt a
Gold and S&P 500 positive correlation will resume Read More »
Gold, S&P 500Markets rallied strongly yesterday driven by a massive surge in tech stocks. The market had been suffering from AI fatigue and valuation anxiety, with investors worried that tech companies were spending billions on artificial intelligence without seeing a return on investment. However, blockbuster earnings and guidance from heavyweights Micron Technology and Qualcomm completely flipped the
S&P 500 surges on AI optimism Read More »
FTSE 100, S&P 500Wall Street suffered a steep drop yesterday, with the tech-heavy Nasdaq Composite tumbling 2.21% and the S&P 500 falling 1.44%. Investor anxiety is spiking over high valuations and the staggering capital expenditure big tech companies are pouring into AI infrastructure. Major hardware and memory makers like Micron (down 13.2%) and Qualcomm (down 8%) took massive
Stock markets in correction mode Read More »
FTSE 100, S&P 500Markets rallied after president Trump announced the cancellation of planned military strikes against Iran, stating that discussions have reached the highest levels of leadership and a deal is close to being signed. Markets are difficult to trade when Trump intervenes, he can change the direction of the market depending on what he says.However the news
Gold is near a bottom Read More »
FTSE 100, Gold, S&P 500The BTI, a sentiment indicator, turned bearish three days after the S&P 500 made a new all-time high. Global markets are reacting heavily to a massive tech-led selloff from Friday and escalating geopolitical tensions over the weekend. Friday saw a severe correction in semiconductor and tech shares, leading to a 4% plunge in the Nasdaq
Bearish sentiment returns Read More »
FTSE 100, S&P 500The S&P 500 closed yesterday at a record high of 7,209, marking its best monthly performance since late 2020. However, futures are showing a slight pause as investors digest a flood of earnings and a pivotal Fed meeting. Alphabet shares surged 10% yesterday to record highs on massive cloud revenue growth. This helped the tech
Tech earnings boost S&P 500 Read More »
FTSE 100, S&P 500While recent sessions have seen the S&P 500 and Nasdaq hitting record levels, the immediate outlook is shaped by high oil prices and the ongoing “higher-for-longer” interest rate narrative. This narrative is not going away, plus the supply chain disruptions, there are stories of food and petrol shortages coming soon. The S&P 500 is at
New all-time high in the S&P 500 Read More »
FTSE 100, S&P 500News that negotiations to end the Middle East conflict could resume in Pakistan within the next 48 hours has acted as a massive relief valve. WTI Crude has dipped toward $91, easing concerns over energy-driven inflation. The S&P 500 extended its rally, the FTSE 100 is about to follow. The earnings season is underway, BlackRock
Is the correction over? Read More »
Copper, FTSE 100, Inflation, S&P 500