The S&P 500 hit a 28th record high for the year before settling lower for the week. Investors endured a choppy week of trading as better-than-expected economic data and better-than-feared inflation data tempered the notion of additional rate cuts. Several Fed...
The major US equity market indices forged another set of all-time highs as investors went all in on risk assets after the Federal Reserve announced a twenty-five basis point cut to its policy rate and telegraphed the potential for three more cuts by January 2026. The...
US equity indices posted another set of all-time highs as investors increased expectations for three, twenty-five basis point rate cuts by year’s end. Inflation data reported for the week essentially gave the Fed the green light for a September rate cut....
Investors sent the S&P 500 to another all-time high in a holiday-shortened week of trading. President Trump started the week by asking the Supreme Court to expedite a hearing to challenge the International Trade Court and the Federal Court of Appeals rulings that...
The S&P 500 posted a gain for the fourth consecutive month as investors continued to embrace the prospects of a September rate cut, a robust economic outlook, and strong corporate earnings. The much-anticipated second-quarter results from NVidia were met with...
US equity markets ended the week with a powerful move to the upside after Fed Chairman J. Powell indicated that the balance of risk had shifted to the labor market, leaving the door open for a September rate cut. The final day of trading wiped out losses incurred in...