The MarketReader Minute
(XLF) edged down 0.01% as trade tensions and mixed bank earnings offset optimism over potential Fed rate cuts. Bank of America rose after beating EPS estimates, while PNC fell on higher expenses. Progressive’s disappointing results weighed heavily on the fund.
The MarketReader Minute
(VGT) gained 1.0% since Tuesday, fueled by strong performances from AMD, Apple, and Broadcom. AMD surged after analysts raised price targets following its major GPU deal with Oracle, while Apple’s new M5 chip launch boosted demand sentiment.
The MarketReader Minute
Federal Reserve's dovish stance prompts U.S. dollar decline and global equity gains, while European markets stabilize amid political developments.
The MarketReader Minute
Global markets face turmoil as US-China trade tensions escalate, driving risk aversion and impacting inflation data in Europe.
The MarketReader Minute
U.S.-China trade tensions and government shutdown spark market volatility ahead of key earnings reports.
The MarketReader Minute
U.S. government shutdown delays key economic data, raising growth concerns and Fed easing expectations; Japan shows resilience amid political uncertainty, while Europe faces pressure from leadership changes in France.
The MarketReader Minute
(VGT) slipped 0.2% on Thursday, tracking a broader market decline. While a peace deal between Israel and Hamas eased global tensions, persistent worries over a U.S. government shutdown pressured sentiment. Major holdings including Apple, Microsoft, AMD, and Micron all fell.
The MarketReader Minute
Eurozone policy stability and easing Middle East tensions lift copper and silver, while strong airline earnings contrast with Ferrari’s drop on reduced EV targets.
The MarketReader Minute
U.S. Government Shutdown Fuels Market Uncertainty and Demand for Safe-Haven Assets Amid European Political Turmoil and Weak German Industrial Production.
The MarketReader Minute
Political upheaval weakened the euro and yen, while Dell raised growth targets, IBM integrated Anthropic’s Claude, and U.S. investment sent Trilogy Metals soaring.
The MarketReader Minute
Markets rallied despite a U.S. government shutdown halting jobs data, as AMD surged on a $100B OpenAI deal, gold hit record highs, and Japan’s Nikkei soared.
The MarketReader Minute
(VGT) declined 0.3% since Thursday as the U.S. government shutdown delays key reports like Nonfarm Payrolls. Nvidia fell on stalled AI chip deals, while AMD slid despite strong Steam survey metrics. AMAT and KLA dropped on new export curbs, and Palantir declined amid scrutiny over security flaws.
