View on market: Volatility Prevails, Market is searching for better value Markets in Asia-Pacific region rose as better than expected US GDP data affirmed investors' expectation of a rate cut from the US Federal Reserve in September. Wall Street traders, confident in the Fed's ability to orchestrate a…
View on market: Volatility Prevails, Market is searching for better value US stocks plummeted following a disappointing start to the mega-cap earnings season. After driving the rally for most of 2024, big tech pulled the markets down, with the S&P 500 seeing its sharpest decline since the regional-bank…
View on market: Volatility Prevails, Market is searching for better value The Nikkei 225 was 20.51 points or 0.1% lower at 39,573.88, and the S&P ASX 200 was 16.30 points or 0.20% lower at 7,954.80.US stocks faced resistance in gaining momentum as traders sifted through a flood of…
View on market: Volatility Prevails, Market is searching for better value Asia-Pacific markets were trading higher, tracking overnight gains on Wall Street. The Nikkei 225 was trading 0.27% higher, and the S&P ASX 200 was 0.56% higher.US stocks bounced back following their worst week since April, shifting focus…
View on market: Volatility Prevails, Market is searching for better value India's benchmark stock indices declined on Friday, weighed down by Reliance Industries and Tata Steel. The NSE Nifty 50 ended 275.25 points, or 1.11% lower at 24,800.85, and the S&P BSE Sensex settled down 738.81 points, or…
View on market: Volatility Prevails, Market is searching for better value Most share indices in the Asia-Pacific region extended losses, taking cues from their Wall Street peers as sell off in technology stocks continued. A week of market fluctuations saw major US stock indices decline while smaller firms…
View on market: Volatility Prevails, Market is searching for better value Asia-Pacific markets declined on early Thursday tracking sharp overnight losses in their US peers as chip stocks stumbled on caution of a strict export restrictions on China. Biden administration said it's mulling to put stricter curb on…
View on market: Volatility Prevails, liquidity is chasing US stocks surged towards record highs amid expectations of diminished market volatility following Donald Trump's successful recovery from an assassination attempt, which could strengthen his presidential prospects. Investors also monitored Federal Reserve Chair Jerome Powell's comments, noting his confidence in…
View on market: Volatility Prevails, Market is searching for better value US stocks closed the week positively following encouraging economic data that strengthens expectations for a Federal Reserve rate cut in September. However, banks faced challenges at the start of the earnings season, as results from Wells Fargo…
View on market: Volatility Prevails, Market is searching for better value US stock traders cheered signs of disinflation, causing bond yields to plummet on Thursday. This comes as the markets expect the Federal Reserve to soon reduce interest rates. These expectations also triggered a significant shift in the…