payrolls

Tech fell as the DOW rallied as investors weighed up record valuations, AI Chip depreciation & the long-running government shutdown.

In what could possibly be the dumbest rally in history, investors rejoiced, as the Senate voted in favour of the first step towards ending the longest ever government shutdown in the country’s history.

Stocks finished largely on Friday, recovering deep mid-session losses as hopes that the government shutdown could be nearing end were boosted after Senate Minority Leader Chuck Schumer proposed a deal that could re-open the government.

Sellers returned to tech overnight, with AI names including Nvidia the hardest hit amid concerns about valuations while data showing big job cuts stoked concerns about the economy.

Stock bounced overnight as the “Bull market default” of buying the dip saw investors pile back into tech following recent weakness just as President Donald Trump’s IEEPA tariffs* go on trial.

Investor optimism took a hit overnight after major Wall Street CEOs warned of a possible pullback ahead amid concerns about tech valuations and uncertainty on further rate cuts.

Stocks closed higher overnight as artificial intelligence stocks, led by Nvidia & Amazon as another continued to rack up gains amid recent signs that spending on AI is far from over.

Stocks closed higher Friday, but investors had to contend with swings between gains and losses as quarterly results from big tech including Amazon and Apple continued dominate market moves and the “Hindenburg Omen* ” flagged the lack of breadth in the rally, high risk

Equities were pressured by dip in tech following mixed earnings from tech just as investors weigh up a de-escalation in U.S.-China trade tensions following the Trump/Xi trade meeting. Meanwhile Amazon delivered bumper earnings beat after the close

Equites were disappointed with a measured Federal reserve delivering a 25bps rate cut, while 3 mega-caps Microsoft, Google and Meta delivered earnings after the bell

Stocks hit another record high overnight, as rising optimism for a US/China trade deal and expectations for the Fed will deliver a rate cut continued to spur bullish sentiment.

Records everywhere overnight as investors optimism on everything from rate cuts to AI to Global trade had investors piling into the equity market