23/09/2024 – Morning Note

Key News Overnight: The S&P 500 and the Nasdaq tumbled on Wednesday as plunging microchip shares, in the face of potential escalation of U.S. trade conflicts with China, exacerbated the ongoing rotation out of megacapRead more

Key News Overnight: U.S. stocks ended down on Tuesday, slumping on a sharp decline in telecom stocks and weak housing starts data that overshadowed better-than-expected earnings from Walmart and Home Depot. The Dow Jones IndustrialRead more

Key News Overnight: Gold prices soar past the key US$2,000 with spot gold settling up 2.1% to $2,019.40/oz. The pan-European Stoxx 600 provisionally closed down by nearly 0.2%, with health care stocks tumbling 1.3% toRead more

Key News Overnight: U.S. stocks rallied on Huawei-fuelled optimism and speculation central banks are poised to shore up their economies. Treasuries declined despite President Trump’s call for more Fed easing, with 10-year yields up 5Read more

Key News Overnight: Wall Street’s main indexes closed lower on Thursday as investors looked to higher-than-expected inflation and unemployment claims for indications on the health of the U.S. economy and the path for interest rates.Read more