Hints and tips:
...Kevin Gordon is a senior investment strategist at Charles Schwab, and, more importantly, a co-OG winner of the FTAV charts quiz....
...Wall Street’s S&P 500, the tech-dominated Nasdaq Composite, Japan’s Nikkei 225, Germany’s Dax and France’s CAC 40, among other indices, have all hit their highest-ever levels in recent weeks, amid hopes...
...The blue-chip S&P 500 closed up 0.9 per cent, at a new record, continuing a rally that has pushed the index 27 per cent higher since October. The Nasdaq Composite gained 1.3 per cent....
...The S&P 500 experienced its sharpest decline since the middle of February and US government bonds also rose as investors sought safe-haven assets....
...their debt in 2024 than in any start to the year since the global financial crisis as inflationary pressures and high interest rates continue to weigh on the world’s riskiest borrowers, according to S&P...
...The Russell 2000 index has risen 24 per cent since the beginning of 2020, lagging behind the S&P 500’s more than 60 per cent gain over the same period. Read the full story. 4....
...CERAWeek, the global energy conference sponsored by S&P Global, begins today in Houston, with guest speakers including the chair and chief executive of ExxonMobil Darren Woods....
...Chart of the day The S&P 500 stock index yesterday crossed the milestone of 5,000 points for the first time....
...Gordon said their outsized index weightings disguised the fact that macroeconomic concerns had driven “a stealthy correction under the surface” of the market....
...Economic data: S&P Global will release its purchasing managers’ indices for manufacturing and services for February and annualised existing home sales for January will also be published....
...And here’s what I’m keeping tabs on today: Economic data: The Institute for Supply Management will release its monthly US manufacturing survey while S&P Global publishes its Mexico manufacturing survey....
...Economic data: S&P Global publishes manufacturing purchasing managers’ indices for the eurozone, UK, US, Canada and Mexico today....
...Here’s what I’m keeping tabs on today: Markets: The S&P 500 will be in focus today after the US equity index closed at a record high on Friday following strong results from Meta and Amazon....
...“It’s a rough day for tech stocks,” said Kevin Gordon, a senior investment strategist at Charles Schwab....
...Economic data: S&P Global publishes its manufacturing and services purchasing managers’ indices for the US....
...Economic data: S&P Global publishes US services purchasing managers’ indices and we also get November jobless claims from private sector payroll services provider ADP....
...The benchmark S&P 500 has climbed 8 per cent since the beginning of January, boosted by rapid ascents for megacap tech stocks including Nvidia, Meta and Amazon....
...Map of the day Anchored 200km from Rio de Janeiro is the P-71 floating production unit, one of the newest offshore oil platforms transforming Brazil into a global energy power....
...The S&P 500 finished last week up 5.9 per cent, its best week for a year....
...Here’s why S&P is making the U-turn....
...Results: Apple, Eli Lilly, ConocoPhillips, Fox, Starbucks, S&P Global, Moderna, Shopify and Paramount Global will report before the market opens....
...S&P 500 futures were down 0.1 per cent during morning trading in Europe. 2....
...“Neither Mr Biden’s messaging nor the data has swayed many voters his way,” Gordon said....
...The charge has been helped by the S&P 500, which has closed at a record high on 22 separate occasions during the quarter....
...The S&P Global Clean Energy Index, made up of 100 of the biggest such companies, is set for its worst annual performance since 2013....
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