US Morning Briefing for the 29th of July 2019

Holding steady in front of eventful week The S&P 500 futures trade roughly in-line with fair value ahead of an eventful week on Wall Street. The week will feature the FOMC’s rate decision on Wednesday, the July employment report on Friday, and earnings reports throughout the week.  U.S.-China trade talks will also resume on Tuesday […]

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US Market Debrief 26th of July 2019

Good earnings and economic news lifts market to new record high The stock market wrapped up the week on a high note, as upbeat results from Alphabet (GOOG 1250.41, +118.29, +10.5%) and encouraging Q2 GDP data helped lift the S&P 500 (+0.7%) and Nasdaq Composite (+1.1%) to record closes. The Russell 2000 rose 1.1%, while the Dow Jones […]

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US Midday Update 26th of July 2019

Stock market hits new highs on Alphabet results, GDP data The S&P 500 (+0.6%) and Nasdaq Composite (+1.0%) have hit new intraday highs today amid upbeat results from Alphabet (GOOG 1249.19, +117.07, +10.3%) and encouraging Q2 GDP data. The Dow Jones Industrial Average (+0.1%) continues to underperform.  Alphabet’s mega-cap status has had a noticeable influence on the broader […]

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US Morning Briefing 26th of July 2019

Alphabet and other heavyweights lift the market U.S. equity futures are up this morning, as mostly positive earnings results from widely-held companies help boost sentiment. The S&P 500 futures trade ten points, or 0.3%, above fair value to recoup some of yesterday’s decline.  Although Amazon (AMZN 1945.02, -28.80, -1.5%) came up short of profit estimates, several other heavyweights […]

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US Market Morning Briefing 24th of July 2019

Set back by big tech investigation and CAT disappointment U.S. equity futures have been weighed down this morning by the big technology stocks amid continued regulatory scrutiny. The S&P 500 futures trade eight points, or 0.3%, below fair value. The Department of Justice announced yesterday that it will conduct a broad antitrust review of the […]

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US Market Debrief 23rd of July 2019

Good earnings news drives good performance The S&P 500 increased 0.7% on Tuesday, bolstered by encouraging trade news and positive earnings reports from widely-held companies. The Dow Jones Industrial Average (+0.7%), Nasdaq Composite (+0.6%), and Russell 2000 (+0.7%) advanced in-line with the benchmark index.  It had been a tight-ranged session for a good part of […]

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Afternoon Debrief 23rd of July 2019

Stock market up on positive earnings results and guidance The stock market is up modestly today, as it receives support from a mostly positive set of earnings results and guidance. Each of the major averages trade within a narrow range of gains between 0.1% (Nasdaq Composite) and 0.3% (S&P 500). Several widely-held companies beat earnings […]

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US Morning Briefing 23rd of July 2019

Morning Briefing – Earnings results prime market for early gains U.S. equity futures have extended yesterday’s tech-driven advance, as investors receive mostly positive earnings reports and guidance from well-known companies. The S&P 500 futures trade 11 points, or 0.4%, above fair value.  Dow components Coca-Cola (KO 52.61, +1.39, +2.7%) and United Technologies (UTX 136.00, +3.05, +2.3%) both beat earnings estimates and […]

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US Market Debrief 19th of July 2019

Stocks retreat while rate cut odds remain in focus The S&P 500 faded into the close and lost 0.6% on Friday, as geopolitical angst and expectations for a smaller Fed rate cut weighed on the broader market. The Nasdaq Composite lost 0.7%, and the Russell 2000 lost 0.5%.  The Dow Jones Industrial Average (-0.3%) fared […]

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Afternoon Briefing 19th of July 2019

Stock market holds modest gains, Microsoft and Boeing lead advance The stock market trades slightly higher with the S&P 500 (+0.1%), Nasdaq Composite (+0.2%), and Dow Jones Industrial Average (+0.3%) holding modest gains. The price action, much like this week, has reflected some consolidation after a run to record highs, while select stocks react to […]

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