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Last week saw US stocks display varied performance as momentum slowed somewhat, writes Ian Slattery.
In the US, equities closed the week on a mostly positive note after favourable inflation updates. The Nasdaq joined the S&P 500 index in record territory for the first time in over two years, writes Ian Slattery.
On Tuesday, the latest US Consumer Price Index (CPI) data was released, coming in hotter than expected, writes Ian Slattery.
It was a relatively quiet week in the markets, with activity across the main asset classes remaining muted, writes Ian Slattery.
On Thursday, the Federal Reserve kept interest rates steady for the fourth consecutive meeting, writes Ian Slattery.
US stocks showed a narrow gain last week as performance was mixed due to changing sentiment amongst investors, writes Ian Slattery.
Last week saw US stocks return to positive territory after a slow start to the year. Although a relatively quiet week for economic data, Thursday saw the release of the US consumer price index (CPI), which came in slightly hotter than expected, writes Ian Slattery.
Markets ended the first week of 2024 in negative territory as stocks gave back some of the gains from December, writes Ian Slattery.
As 2023 drew in to a close, most major indices were in positive territory following a holiday shortened week, writes Ian Slattery.
Last week saw US equities rally as interest rate expectations eased and the labour market appeared to cool, writes Ian Slattery.