Stocks Near Records as SK Hynix Jumps, Oil Swings – US Market Wrap
Wall Street traders drove stocks higher in the countdown to earnings season, with SK Hynix surging in its debut as the market parsed the latest geopolitical developments. In the final stretch of a week of gains for equities, the S&P 500 moved …
Morning Juice – US Session Prep (10th July)
Sentiment The yuan advanced after China’s central bank signaled its comfort with the currency’s strength by setting the daily reference rate below 6.80 per dollar for the first time since 2023. Carry trades – one of the most widely-used strategies in the …
Chipmakers Lead Rebound as Oil Falls – US Market Wrap
A resurgence in major chipmakers powered a rebound on Wall Street, with stocks also advancing as oil prices declined despite fresh hostilities between the US and Iran. The Nasdaq 100 rose 1.6%. A semiconductor gauge climbed 3.1%. Micron Technology plans to lift …
Morning Juice – US Session Prep (9th July)
Sentiment Treasuries advanced alongside European peers while the dollar was little changed, as oil prices eased after Wednesday’s spike, with Middle East tensions still in focus following renewed US-Iran attacks. Docket 08:30 ET US Weekly Initial Jobless Claims Forecast: 217k | Prior: …
Stocks Drop as Oil Rises Due to US-Iranian Fears – US Market Wrap
A surge in geopolitical risks brought markets and bonds lower, but oil rose as Trump warned a ceasefire with Iran may be over, adding that the US would likely undertake additional strikes. Almost 400 S&P 500 shares fell, but the index recovered …
Morning Juice – US Session Prep (8th July)
Sentiment US Treasury yields rose across the curve and the dollar strengthened after President Donald Trump said the ceasefire with Iran is over, while oil prices surged more than 6%. Docket 10:30 ET US Weekly EIA Crude Oil Inventories Forecast: -1.9M | …
Tech Rout, Oil Surge Shake Markets – US Market Wrap
Wall Street was rattled again by a selloff in chipmakers on concerns over whether massive AI investments will justify elevated valuations, while a jump in oil prices pushed bond yields higher. This year’s best-performing corner of the market was hit hard, with …
Morning Juice – US Session Prep (7th July)
Sentiment 10-Yr Treasury yields rose to a two-week high, climbing three basis points on the day after a projectile strike on a liquefied natural gas carrier left the vessel stranded in the Strait of Hormuz, pushing crude prices higher. Docket 08:30 ET …
Tech Giants Lead Market Higher as AI Optimism Returns – US Market Wrap
A rally in several of the market’s largest technology companies lifted US equities as investors regained confidence that the artificial-intelligence theme still has further room to support the bull market. The rebound ended a two-session slide in semiconductor stocks, with the Nasdaq …
Morning Juice – US Session Prep (6th July)
Sentiment The dollar strengthened and Treasuries rallied as traders awaited PMI data later in the morning, in what is otherwise a relatively light week for economic releases. Docket 09:45 ET US S&P Services PMI June Final Forecast: 51.3 | Prior: 51.3 | …
