US Markets Wrap: Gold surges to record high n...

Markets took a hit as oil prices surged and nerves crept back in. Tech stocks led the drop, pushing the Nasdaq into correction territory. There’s still a lot of uncertainty around a ceasefire and where inflation goes next. Mark Giambrone, Head of US Equities and Portfolio Manager ...  Show more

US stocks climbed as hopes of a U.S.–Iran ceasefire cooled oil and lifted sentiment, but the situation on the ground remains far from resolved. With troop deployments reportedly in the pipeline and tensions around the Strait of Hormuz unresolved, markets may be underpricing geopo ...  Show more

Major US equity indices, from small caps to tech, hit fresh highs yesterday, spurred by strong corporate news – from semiconductors to banking deals. Political uncertainty in France and Japan lifted bond yields, weakened the yen and euro, and drove gold towards the historic USD 4 ...  Show more

Global equity markets staged a remarkable recovery from the panic at the start of last week, while government bonds and gold acted as effective hedges during the market turmoil. This week, all eyes will be on the US economic reports and whether they will show that the US econo ...

US inflation unexpectedly rose in August, with core inflation up 0.3% month-on-month and 3.2% year-on-year. The data suggests that the Fed will cut rates next week by 25bps rather than 50bps. Markets initially reacted negatively, but US equities later rallied strongly, led by ...

Global stocks rebounded yesterday following the worst week for the S&P 500 since March 2023, as investors await US inflation data for clues on the size of the US Federal Reserve’s coming interest-rate cut. Meanwhile, weakness in Chinese equities is intensifying as a benchm ...