Market Pulse
The U.S. economic environment continues to show resilience despite slower growth. Recent Federal Reserve rate cuts, including a notable 50 basis point reduction, are creating a favorable landscape for risk-on trades, particularly in the tech and AI sectors. AI adoption is expanding rapidly, with 5.9% of U.S.
Market Pulse
In a robust display of market resilience, U.S. stock index futures climbed on Friday as inflation data came in slightly lower than anticipated, bolstering investor sentiment and easing concerns over aggressive monetary tightening. This positive development follows a mixed trading session on Thursday, where early gains were offset by
Market Pulse
Market Overview This week, the S&P 500 (SP500) continued to demonstrate resilience, rebounding 2.3% after a sharp selloff earlier in the week. The recovery was fueled by positive investor sentiment driven by better-than-expected inflation data. The 10-year Treasury yield (US10Y) closed at 3.94%, down 3 basis
News
Key Takeaways: * Inflation: Soft consumer and producer inflation data provided a boost to markets. * Federal Reserve: Fed’s steady policy rate with a more cautious outlook for rate cuts in 2024. * Oil Market: Predictions of excess supply could pressure energy stocks. * Nvidia: AI-driven euphoria propels Nvidia to a $3 trillion