S&P 500

Markets 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

Wall 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

The 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

The 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

While 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

After a strong rally last week—driven by hopes of a ceasefire—investors are turning defensive following the collapse of peace talks between the U.S. and Iran. The subsequent confirmation of a naval blockade in the Strait of Hormuz has triggered a sharp rise in oil prices and renewed fears of supply chain disruptions. Last week rally

Following a surge of optimism regarding a ceasefire between the U.S. and Iran, the S&P 500 closed Thursday with solid gains. The FTSE 100 however was flat. All eyes are on the release of the Consumer Price Index (CPI). This is the primary driver for today’s price action as it dictates the Federal Reserve’s next