Starting in the US, Wall St maintained its rally as investors’ optimism for a further rate cut in December continues to grow. It is estimated that there is now around an 80% chance of a rate cut in December, sparking hopes for a continued rally into the final month of the year. The Dow Jones gained 1.43%, the S&P500 gained 0.94%, while the Nasdaq posted a 0.67% gain, as an all time high for Google parent company Alphabet was offset by a 2.6% drop for Nvidia. Europe and Asia sa...
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Starting in the US, Wall St maintained its rally as investors’ optimism for a further rate cut in December continues to grow. It is estimated that there is now around an 80% chance of a rate cut in December, sparking hopes for a continued rally into the final month of the year. The Dow Jones gained 1.43%, the S&P500 gained 0.94%, while the Nasdaq posted a 0.67% gain, as an all time high for Google parent company Alphabet was offset by a 2.6% drop for Nvidia. Europe and Asia sa...
Wall St ended last week’s trading session in the green, with all 3 key indexes closing up. The S&P500 added 0.26%, the Dow Jones advanced 0.09%, and the tech-heavy Nasdaq jumped 0.61%, mainly driven by a nearly 10% surge in Amazon shares after announcing strong quarterly results. In contrast, European markets dropped across the board, as investors reacted to a flurry of quarterly results, regional economic data and recent policy announcements. The Stoxx 600 ended down by 0.51%, The ...
Between the Bells
Starting in the US, Wall St maintained its rally as investors’ optimism for a further rate cut in December continues to grow. It is estimated that there is now around an 80% chance of a rate cut in December, sparking hopes for a continued rally into the final month of the year. The Dow Jones gained 1.43%, the S&P500 gained 0.94%, while the Nasdaq posted a 0.67% gain, as an all time high for Google parent company Alphabet was offset by a 2.6% drop for Nvidia. Europe and Asia sa...
