Powell is not dovish, markets pull back

Markets have rallied to all-time highs but the rally is running out of steam. Investors are becoming cautious following a mixed close yesterday and positive developments from the Federal Reserve’s rate decision and U.S.-China trade talks. While Federal Reserve Chair Jerome Powell’s hawkish comments tempered expectations for a December rate cut, perceived progress in the

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FTSE 100, S&P 500, Stocks and Shares

Tesla earnings disappoint at the end of an Elliott wave

Markets closed lower yesterday, with the S&P 500 off 0.5%, driven by weak guidance from semiconductor firms like Texas Instruments and a post-earnings slump in Netflix. Tesla’s shares fell sharply in after-hours trading yesterday after the EV giant reported earnings that missed estimates, despite revenue growth, adding pressure on tech-heavy indices. The reaction underscores how

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S&P 500, Stocks and Shares

Trouble Brewing: Investors seek shelter as Fed uncertainty builds

Futures are pointing to modest gains amid anticipation for the Federal Reserve’s September meeting minutes (FOMC) release expected at 7pm. However, ongoing economic uncertainties from a prolonged government shutdown and sticky inflation are tempering enthusiasm, potentially leading to volatility as traders digest fresh Fed insights. This FOMC statement could highlight internal divisions on the pace

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Dollar, FTSE 100, Gold, S&P 500

AMD’s multibillion-dollar OpenAI partnership boosts stocks

Broader sentiment remains bullish, with the S&P making new all-time high underscoring resilience. AI-driven momentum, highlighted by AMD’s multibillion-dollar OpenAI partnership (boosting AMD +23.7%), has broadened participation beyond mega-caps, lifting small-caps (Russell 2000 closed above 2,500 for the first time). Yet, technical and fundamentals indicators warn of a potential shakeout amid overbought conditions. The rally

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FTSE 100, S&P 500
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