Pre-Market Pulse 15th March – Persistent Inflation figures put the brakes on bull run
Equities sold off overnight as data showing inflation is running hotter-than-expected and signs that the consumer is pulling back weighed on investor sentiment.
Earnings report
Pre-Market Pulse 14th March – Tech stocks drift lower on pressure from rising yields
Tech stocks drifted lower overnight under the pressure of rising bond yields due to hotter than expected inflation numbers in the previous session increased concerns around Thursdays PPI numbers
Pre-Market Pulse 13th March – Investors ignore hot inflation numbers and buy the dip in tech
Investors ignored a hotter-than-expected inflation and twisted the narrative to “the consumer is resilient“ and bought the dip in tech stocks.
Pre-Market Pulse 12th March – Tech bulls continue to take profit ahead of Inflation data
Tech stocks drifted lower overnight as investors took some profits ahead of US CPI data Tuesday night which will be key in shaping the Federal Reserves next move on interest rates
Pre-Market Pulse 11th March –Investors try to put “positive spin” on payrolls numbers as profit taking emerges
Stocks initially stretched the record-breaking run early in the session Friday, before profit taking emerged, while U.S. Treasury yields dipped despite investors and pundits scraping through the numbers to find a positive spin
Pre-Market Pulse 8th March –Nasdaq index Market Cap Exceeds value of US Economy Amid Tech Rally
Stocks (once again) moved higher overnight, with the S&P 500 and Nasdaq both hitting intraday record highs with support from technology and growth stocks.
Pre-Market Pulse 7th March – Investors only hear what they want to hear as Powell delivers more of the same
The rally in tech returned after Federal Reserve Chair Jerome Powell reiterated that interest rate cuts were coming later in the year, a statement that has been repeated ad nauseum for over a month now, but investors treated as “new” news
Pre-Market Pulse 6th March – Tech Bulls cash out some profits before Powell and Payrolls
Equities as investors eased bullish bets on big tech just a day ahead of Federal Reserve chairman Jerome Powell testimony before Congress that could provide potential fresh clues on monetary policy.
Pre-Market Pulse 5th March – Stock rally stalls. Nasdaq falls despite Nvidia gain
U.S. stock indices retreated from their recent all-time highs, with the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average declining by 0.12%, 0.41%, and 0.25% respectively
Pre-Market Pulse 4th March – Stocks climb despite weakening economic data
Equities scaled records high while Treasury yields fell sharply on Friday after weak U.S. economic data and comments from Federal Reserve officials bolstered expectations for interest rate cuts later this year.
Pre-Market Pulse 1st March – Tech stocks rejoice as Inflation data in-line with expectations
The Nasdaq on Thursday closed at record highs for the first time since 2021, as the artificial-intelligence-led rally continued and an in-line inflation report boosted hopes of a summer interest rate cut.
Pre-Market Pulse 29th February – Stocks slip in quiet market as investors wait for Inflation data
Stocks ahead of a key inflation reading that could heavily shape expectations for the timing of an interest rate cut from the Federal Reserve.