View on market: Stay Cautious, be with quality business: U.S. stocks rose, extending last week’s gains, and the dollar retreated with risk sentiment buoyed by speculation that inflation is near peaking. The S&P 500 advanced with energy and tech sectors leading all 11 major industry groups higher. Elsewhere,…
View on market: Stay Cautious, be with quality business: Asian shares rose after positive close on Wall Street on Friday, while the euro advanced as investors expected Europe to follow the Federal Reserve with more interest-rate hikes. Japanese and Australian equities gained about 1% and US futures advanced…
View on market: Stay Cautious, be with quality business: Stocks and US equity futures rose on Friday as investors assessed whether monetary tightening to tackle inflation in the US. Stocks and US equity futures rose on Friday as investors assessed whether monetary tightening to tackle inflation in the…
View on market: Stay Cautious, be with quality business: Asian equities gained after U.S. treasury yield stabilised and dollar strengthening further. Japan paced a 0.7% advance in the regional index, a smaller gain than the rallies of about 2% in the S&P 500 and Nasdaq 100 overnight. At…
View on market: Stay Cautious, be with quality business: Stocks fell on Wednesday amid a rise in U.S. Treasury yields and the dollar on expectations of aggressive monetary tightening by the Federal Reserve. Equities declined in Australia, Japan and South Korea, while US and European futures also fell,…
View on market: Stay Cautious, be with quality business: Stocks in Asia advanced amid rise in US equity futures on Tuesday amid a dip in the dollar, uptick in sentiment. Shares gained in Japan, Australia and South Korea. S&P 500 futures pushed higher. At 7:15 am, the Singapore-traded…
View on market: Stay Cautious, be with quality business: European equity futures tumbled and the euro fell Monday as the region’s worsening energy crisis added to concerns about a global economy already facing inflation, monetary policy risks. The dollar was firm. Crude jumped past $88 a barrel ahead…
View on market: Stay Cautious, be with quality business: A late recovery on Wall Street took U.S. stocks higher ahead of U.S. jobs report on Friday, which would possibly hint at the extent of hawkishness of the Federal Reserve at its meeting later this month. The S&P 500…
View on market: Stay Cautious, be with quality business: Indian stock markets, having shown resilience so far, will open on Thursday amid unabated concerns over central banks around the globe stepping up their fight against inflation. That dragged U.S. stocks lower on the final day of August. The…
View on market: Stay Cautious, be with quality business: U.S. stocks declined as traders modify their expectations after Federal Reserve indicated that it would continue hiking rates for some time. Treasuries also tumbled. S&P 500 fell as much as 1%, while Nasdaq 100 fell 1.3%. Federal Reserve’s chair…