Macro Notification Archives - Page 3 of 12

2 minute read

Macron’s Snap Election Gamble Shocks European Markets: Euro Eyes Worst 2-Day Performance In 15 Months

June 10, 8:57 AM

European financial markets tumble after far-right parties gain in European Parliament elections, causing uncertainty and potential challenges.

BNPQY

2 minute read

Stocks Hit Record Highs, Central Banks Cut Rates, Tight US Jobs Report Dampens Fed Easing Hopes: This Week In The Market

By Piero Cingari

June 7, 4:25 PM

US stock market continues bull market rally, tech sector leads gains, Nvidia hits $3 trillion valuation, labor market tightens, Robinhood acquires Bitstamp, Apple's WWDC 2024 event awaited.

AAPL

2 minute read

Wall Street Reacts To Hot Jobs Report: Stocks Swing As Traders Abandon July Rate Cut Hopes

By Piero Cingari

June 7, 10:50 AM

May labor market report: strong job gains and wage growth, reduces chances of rate cut. Interest-rate sensitive sectors underperform. Top risers: APD, URI, LLY, HUBB, ADP. Top losers: GEN, SHW, FCX, AMT.

ADP

2 minute read

Job Market Booms In May: Payrolls Surge More Than Expected, Wages Increase

By Piero Cingari

June 7, 8:40 AM

U.S. labor market beats expectations with 272,000 jobs added in May and 4.1% wage growth. Rising yields and dollar, futures down.

SPY

2 minute read

Stocks Pause As Traders Await Jobs Data, Nvidia Falls On Antitrust Investigation, Crude Rises To $75: What’s Driving Markets Thursday?

By Piero Cingari

June 6, 2:08 PM

Wall Street experienced a relatively quiet day on Thursday, with major indices trading within tight ranges as investors remain cautious ahead of the highly anticipated May jobs report, set for release Friday.

BTC

2 minute read

European Central Bank Cuts Interest Rates By 0.25%, But Projects Inflation ‘Above Target Well Into Next Year’

By Piero Cingari

June 6, 8:29 AM

ECB lowers interest rates as expected, citing need to ease policy after 9 months. Growth and inflation projections revised upwards for 2024.

FXE

2 minute read

S&P 500, Nasdaq 100 Jointly Hit All-Time Highs, Nvidia Overtakes Apple As Second Most Valuable US Company

By Piero Cingari

June 5, 4:18 PM

The S&P 500 and Nasdaq 100 indices closed at record highs due to investor confidence in AI-driven tech sector growth. Magnificent Seven worth $15T.

AAPL

2 minute read

Nasdaq 100 Reaches Record Highs, Service Sector Strength Alleviates Economic Slowdown Concerns, Magnificent 7 Hits $15 Trillion Valuation: What’s Driving Markets Wednesday?

By Piero Cingari

June 5, 1:43 PM

Wall Street rallied Wednesday as the services activity gauge indicated a stronger-than-expected expansion in May, pushing back fears of an economic slowdown which surfaced in recent days.

AMC

2 minute read

Stocks Dip Even With Traders Hopeful For September Rate Cut; Bonds Extend Rally, Oil Plummets: What’s Driving Markets Tuesday?

By Piero Cingari

June 4, 1:00 PM

Growth concerns dragged stocks lower on Tuesday, with all major indices trading in the red as investors took a cautious tone on riskier assets.

BBWI

2 minute read

Bond Market Rallies As Recession Worries Mount, Rate Cut Bets Gain Steam Ahead Of Jobs Data

By Piero Cingari

June 4, 12:19 PM

Long-term U.S. Treasuries rally on soft economic data, leading to expectations of Fed rate cut in Sept. Popular TLT ETF breaks key downtrend & 50-day MA, while other bond ETFs see even higher gains.

TLT