Pre-Market Pulse 1st May – Microsoft and Meta drive Tech Stocks Higher
After the bell, Microsoft and Meta both beat earnings expectations to rally 6%+, dragging the Nasdaq futures higher
After the bell, Microsoft and Meta both beat earnings expectations to rally 6%+, dragging the Nasdaq futures higher
Stocks closed sharply higher for the sixth-straight day, after Trump effectively did a deal with himself to show flexibility on tariffs, underpinned by falling Treasury yields due to falling consumer sentiment ahead of earnings from Microsoft and Meta
Stocks were mixed overnight, as investors digested the latest comments from U.S. Treasury Secretary Scott Bessent around trade deals and looked ahead to earnings reports from megacap companies Apple, Amazon, Microsoft and Meta
Stocks closed sharply higher for the week Friday as Alphabet’s better-than-expected quarterly results stoked fresh optimism on artificial intelligence, extending the recent rally in tech.
Stocks closed higher overnight, but well off session highs, as US Treasury Secretary Scott Bessent cooled some optimism on a quick resolution to the U.S.-China trade standoff.
Stocks clawed back losses from a day earlier after Treasury Secretary Scott Bessent stokes hopes for a possible de-escalation in the U.S.-China trade war and President Trump showed the first signs of contrition in a press conference after the close
The Presidency is looking more like an autocracy at this juncture, spooking investors into fleeing the USD and US stocks with his irrational and directionless leadership not an attraction for investors
The DOW extended its win streak to a 13th straight day, as investors buried their head in the sand as the Federal Reserve raising interest rates to the highest level in 22 years
Major corporations’ strong quarterly results boosted equities, led by Bank of America, Morgan Stanley, Charles Schwab, and Microsoft, amidst AI optimism and retail sales data.
Tech stocks surge, led by Google, amid strong quarterly results from PepsiCo and Delta. AI advances and cooling inflation fuel market optimism despite potential rate hikes.
Equities climbed as slowing inflation data eased pressure on Treasury yields, stirring optimism for a potential final rate hike, fueling a rally in tech and commodities.
Equities rebounded Monday, bracing for key inflation data ahead of Federal Reserve’s policy meeting, despite market fluctuations and inflation concerns.