Avsnitt
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US equities were mostly lower in Monday trading. Today’s selloff was a function of all the buzz surrounding Chinese AI startup DeepSeek. In macro news, December new home sales beat, its highest since September, while November’s was revised up.
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Major US equity indices were higher this week, locking in a second straight week of gains, with solid upside in big tech which included Netflix as a big gainer and Apple as a laggard. Stocks ended the week higher supported by some ongoing Trump optimism, though notable uncertainty remains around tariffs and legislative developments. Elsewhere, the announced $500B AI investment Stargate deal boosted the AI secular growth theme, though some noted skepticism about financing and prospects.
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Saknas det avsnitt?
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US equities finished higher in quiet, uneventful Thursday trading. Elevated post-inauguration headline flow continued without much incremental development in the themes of primary market interest. Weekly initial claims came in slightly ahead of consensus and continuing claims were notably higher week over week.
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US equities finished higher in Wednesday trading, with the Dow Jones, S&P500, and Nasdaq finishing up 30bps, 61bps, and 128bps respectively. Biggest development seems to be renewed focus on AI secular growth theme following the formal Stargate AI infrastructure announcement, while tariff headlines remain volatile; China and the EU on receiving end of latest threats. Today's $13B auction of 20-year bonds was well received after the previous four 20Y auctions tailed. Netflix a leader today after Q4 results that beat, with record new net adds.
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US equities finished higher in Tuesday trading, with the S&P closing above the 6000 level for the first time since late December. The Market continues to pay careful attention to President Trump's policy evolution, and day-one tariff developments versus China were less hawkish than feared; However, calls for nearer-term tariffs on Canada and Mexico underscored the likelihood of weeks of policy volatility. Meanwhile, afternoon headlines that Trump will announce a private sector AI infrastructure investment was also a tailwind for risk sentiment.
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Major US equity indices posted solid gains this week, with the S&P and Nasdaq rising after starting the year with two weekly declines. It was a big data week, with the most notable release being Wednesday's December CPI report. Washington remained in the headlines this week, though events did little to satisfy the market's craving for more clarity on upcoming Trump policies.
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US equities were mostly lower in somewhat choppy Thursday trading. There were a few moving pieces today, including the barrage of economic data that featured softer headline retail sales, better control group sales, a blowout Philly Fed, bigger-than-expected increase in claims, and higher import and export prices. The start of bank earnings season was another bright spot Wednesday, though it raised the bar for this morning's reporters, which have tended to lag.
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US equities closed sharply higher in Wednesday trading, with the Dow Jones, S&P500, and Nasdaq finishing up 165bps, 183bps, and 245bps respectively, in the wake of a softer-than-feared December core CPI reading. Bank earnings were another bright spot with better 2025 net interest income guidance the big takeaway. Fed's latest Beige Book noted slight to modest economic growth across districts, with more contacts optimistic about 2025 than pessimistic.
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US equities mostly higher in Tuesday trading, though stocks finished off best levels. Today's cooler core PPI print helped ease some inflation anxieties. Report Trump tariffs could be implemented gradually seen as a positive. NFIB small business optimism surged again in December.
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US equities were mostly higher in Monday trading as stocks ended near best levels. However, breadth was positive today, though offset by tech weakness, which plays into the narrative around rotation into value and cyclicals. A light day of data included the New York Fed’s 1-year inflation expectations unchanged at 3%.
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US equities were lower this week, with the S&P 500 and Nasdaq both down for a second-straight week (and the S&P off for the fourth week in the past five). Following Friday's blowout December payrolls report, the 2Y yield touched the highest level since October and 10Y the highest since November 2023. After payrolls, market pricing showed less than 30 bps of rate cuts for 2025, down from nearly 50 bps in recent days, with the next cut priced in for October.
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US equities were narrowly mixed in fairly choppy Wednesday trading, though stocks finished off worst levels, with the Dow Jones and S&P500 closing up 25bps and 16bps, while the Nasdaq closed down 6bps. FOMC minutes noted participants felt that still-elevated inflation, strong consumer spending, and reduced risks to the labor market underlined the need for a careful approach to rate cuts. ADP private payrolls were up just 122K in December vs 135K consensus; hiring slowed across several industries. Today's auction of $22B of 30Y bonds stopped through, in contrast to the tailing 3- and 10-year auctions earlier this week.
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US equities were lower in Tuesday afternoon trading as S&P 500, Nasdaq both posted worst session since 18-Dec. Growth under pressure in a reversal of yesterday's move. Big tech largely underperformed. Hawkish macro data the big headwind to stock. AI takeaways from CES largely upbeat. November JOLTS job openings little changed m/m but higher than expected.
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US equities ended mixed Monday, near worst levels. There were a few moving pieces to today's upside, though AI optimism was the biggest upside driver. November factory orders fell point 4% month over month, missing consensus for a point 3% decline.
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Major US equity indices were mostly lower this week after finishing 2024 with double-digit gains. The Market started the new year off on a more defensive tone as favorable December seasonality and expectations for a post-election rally failed to materialize. Still, the Street is broadly optimistic on 2025 with analysts expecting continued economic growth helped by consumer spending, solid real income growth, healthy household balance sheets, and fiscal-policy tailwinds.
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US equities finished lower in Thursday trading, ending somewhat off worst levels. The market continued to have difficulty maintaining positive traction after another session where early strength faded into the afternoon. In macro news, initial jobless claims printed at 211 K for the latest week, down week over week and below consensus.
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US equities finished lower in Tuesday trading, ending near worst levels. Very little on the schedule in the way of economic releases or corporate updates. Market was unable to hold onto some morning strength, feeding into continued commentary about how Santa Claus rally/favorable December seasonality has failed to materialize.
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US equities finished lower in Monday trading, though ended well off worst levels. US equities finished lower in Monday trading, though ended well off worst levels. November pending-home sales were up 2 point 2% month over month, slightly stronger than forecast, though October results were revised down.
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Major US equity indices were lower this week, weighed down by a big Wednesday slide that saw the S&P post its second-weakest day of the year. Wednesday's December FOMC meeting was the critical event of the week. Analysts had firmly expected the 25 bp rate cut it delivered and were looking for some signal the Fed could pause rate cuts in January, but ultimately takeaways felt the meeting was more hawkish than expected. The late week also brought heightened focus to the approaching government-funding deadline.
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US equities were mostly lower in Thursday trading as stocks ended near worst levels. The market came off premarket early session strength following a big Thursday selloff chalked up to the hawkish guidance that accompanied the Fed's 25 basis point rate cut. In macro news, weekly initial jobless claims came in at 220K, below consensus and a notable slide from the prior jump to 242K.
