22 Jan 2015 @ 23:28
The S&P 500 Index climbed by 0.47% on Wednesday, outperforming other benchmark indices as crude oil futures gained and US Treasuries fell. A stirring State of the Union address from President Obama caught investors in an optimistic mood and strong earnings numbers from some US tech companies also boosted markets. Meanwhile, anticipation of a dovish […]
15 Jan 2015 @ 23:52
The S&P 500 Index fell on Wednesday as copper prices dropped and investors were left concerned over a surprise fall in US retail sales. Copper prices sank by 5.3%, the biggest drop since 2011 on speculation that lower oil will make it easier for copper producers to supply the metal. Meanwhile, the energy space rebounded […]
08 Jan 2015 @ 23:31
The S&P 500 climbed by the most in three weeks on Wednesday as Federal Reserve meeting minutes boosted investor confidence and there was some upbeat economic data out of the world’s largest economy. The rally comes after a five-day losing streak which saw the index drop back below the 2,000 level. Concern over a Greek […]
18 Dec 2014 @ 22:53
The S&P 500 soared higher by 2% on Wednesday, it’s biggest rise since 2013 after the Federal Reserve said the bank would be patient over interest rate rises. This statement moves slightly away from the Federal Reserve’s previous wording which was that interest rates would remain near zero for a considerable time. The Fed inferred […]
12 Dec 2014 @ 01:08
Global stock markets tumbled on Wednesday and the S&P 500 Index fell the most in seven weeks as energy shares plunged once again and crude oil futures dropped below $62 a barrel. US markets were a sea of red with only a handful of companies finishing the day in positive territory. The S&P 500 dropped […]
05 Dec 2014 @ 20:03
Gold futures traded in a tight range on Thursday in what was a relatively quiet session across most financial assets. Traders had one eye on Friday’s non-farm payroll numbers and stock markets retreated across the board. The S&P 500 pared early losses to finish lower by -0.12% on the day. ECB Chief Mario Draghi said […]
21 Nov 2014 @ 01:57
The S&P 500 Index fell on Wednesday as FOMC meeting minutes showed some policy makers were concerned about the lack of price inflation in the US economy. The S&P 500 spent most of the day in the red and eventually closed lower by -0.15%, (although the index did manage to finish off its lows). Losses […]
07 Nov 2014 @ 23:12
The S&P 500 is hitting new highs, meanwhile the FTSE 100 is still trading below its high of 6905 recorded on 4th September. The lagging nature of the FTSE 100 has been a regular feature in the last twelve months. Because the decline from 4th September is in five waves and follows the completion of […]
29 Oct 2014 @ 23:08
The S&P 500 advanced 1.19% on Tuesday, putting the index within 1.5% of another record high as US corporate earnings topped expectations and US consumer confidence beat expectations. Equities were also boosted by a rebound in Emerging Markets, led by Brazil, as traders bet that the recent election-result selloff was overdone. Earnings According to data […]
23 Oct 2014 @ 22:10
The S&P 500 Index fell -0.73% on Wednesday, capping four days of solid gains as stocks drifted lower across the board and crude oil plunged to another two-year low. A report from the Energy Information Administration (EIA) revealed that oil inventories increased more than expected last week and this saw the commodity slump -2.4%. Unsurprisingly, […]