4 September : Markets Juggle Growth and Inflation as Media Sector Weakens
Global markets are balancing growth and inflation concerns. Mixed US employment data led to sector-specific movements, with energy and materials gaining, while the media sector weakened due to contract disputes.
2 August : Market Catches Its Breath: S&P’s Soaring Valuations, US Credit Downgrade, and Surprise Moves by Aspen and AngloGold Shake Investors
Market takes a breath after strong gains. S&P near 20x fwd, priced in soft landing. US credit downgraded on fiscal deficit. Industrial stocks up, Tesla down. Aspen surprises with acquisition and AngloGold misses estimates.
21 July : Tech Sell-Off After Weak Tesla and Netflix Results; Dow Jones Gains, S&P and Nasdaq Slide; Currency Fluctuations Affect Dollar
Yesterday’s market witnessed weak results from Tesla and Netflix, leading to tech and consumer discretionary sectors sell-off. TSMC’s results triggered a decline in the semiconductor sector. Dow Jones saw modest gains, S&P and Nasdaq ended in the negative.
17 July : Mixed Week for Stocks: Weak Dollar, Strong Healthcare, and Burberry Reports Revenue Increase
Dow slightly up, S&P and Nasdaq slightly down. Weak Dollar despite positive data. Healthcare and consumer staples shine. Energy stocks slump on the back of oil prices down 2%. Burberry’s revenues rise as much as 17%, showing signs of resilience in the luxury sector.
10 July : Payrolls Unravel Market; Energy and Materials Thrive; Alibaba Soars, Levi Strauss Stumbles
Strong employment and inflation data scared the market on Friday with the prospect of higher rates for longer. Energy, Materials, and Industrials sector showed strength. Alibaba surged on the prospect of lower regulatory burden, while Levi Strauss and Telkom shares declined.
