The S&P 500 index is back close to the closing levels of Monday, as are other US indices. This follows a strong rebound during the session after initially opening lower. The resurgence in bullish action followed strong gains from energy shares, as expectations for the OPEC + alliance to further […]
The S&P 500 index has opened decisively higher on the 1st trading day of the new month after a slew of positive market news pleased investors and sent them into a buying spree. All 11 indices measured by the S&P 500 are trading in positive territory, with the financial and […]
Barclays share price was down on Friday, but showed mild recovery on Monday, as the bank’s shareholders are due to hold a critical vote on whether to sustain lending to fossil fuel-related businesses. The vote centres on bringing the bank’s lending policies for fossil fuel businesses in line with the […]
Rising bond yields for the 3rd session in a row continue to pressurize the S&P 500 index. The S&P 500 is down 0.73% as of the time of writing, as investment funds flow into the bond market. The S&P 500 index is still expected to outperform the bond market over […]
The S&P 500 index has resumed from the US Presidents’ Day holiday with bulls picking up from where they left off the previous week. The S&P 500 index has touched off new highs, following impressive gains in financial and energy stocks. Surging US bond yields provided a boost to stocks […]
The S&P 500 index took a break from yesterday’s all-time highs and is now a tad lower. The dip occurred despite markets receiving a huge dose of risk-on sentiment, as investors in the US markets continue to have some jitters about surging coronavirus infection rates in the US and the […]
The S&P 500 index has had a strong opening to the session, pushing upwards with an upside gap. Energy stocks are driving the gains in the S&P 500 index, mirroring the 3% rise in crude oil prices. However, all 11 sectors of the index are trading higher. The markets are […]
The S&P 500 index has opened sharply lower this Friday, after a disappointing report on its coronavirus vaccine candidate by Johnson & Johnson. According to a report released this afternoon and reported by Reuters, Johnson & Johnson said that its COVID-19 vaccine candidate showed an efficacy of 66% in a […]
The S&P 500 index has hit a new record high after a combination of stimulus hopes and a better-than-expected jobless claims report sent investors into a buying mode. Data from the Bureau of Labor Statistics showed that initial jobless claims came out at 900K, which was lower than the 926K […]
The S&P 500 price is trading at an all-time high as part of the global rally in stocks. The blue-chip index rose by more than 50 points yesterday and is up by 12 more points in the futures market. Similarly, the Dow Jones and Nasdaq 100 are rising while the […]