Pre-Market Pulse 2nd August – Equities Edge Lower as US Credit Rating Downgraded
The S&P500 and Nasdaq closed weaker on Tuesday, the first day of seasonally slow August, ahead of U.S. jobs data and major companies’ earnings reports later this week.
DOW
Pre-Market Pulse 1st August – S&P500 Notches up 5th Consecutive Month of Gains
Equities closed higher Monday to wrap up a fifth-straight positive month for July after shrugging off a dip in health care as energy stocks racked up gains.
Pre-Market Pulse 31st July – Equities Rally on “Goldilocks” Hopes
US equities rallied as US Core PCE, the Feds preferred inflation measure fell, sparking further optimism from investors of a “Goldilocks” soft landing
Pre-Market Pulse 28th July – Dow snaps longest win streak since 1987
The Dow snapped a 13-day win streak Thursday as rally in Meta was offset by weakness in financials and airline stocks amid underwhelming quarterly results and resilient US GDP in the face of an aggressive bout of Federal Reserve policy tightening.