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Global markets were mixed overnight, as US markets (S&P 500 index) ended a choppy session flat.

Global markets were mixed overnight, as US markets (S&P 500 index -2%) failed to extend the recent bounce back from last week

Global markets were mixed overnight, as US markets (S&P 500 index -2%) failed to extend the recent bounce back from last week. Weak consumer confidence data for the month of May tumbled down to a 10-year low, reigniting fears of recession and spooking investors.

Global markets bounced on Friday (S&P 500 index +3.1%), as we experienced a much needed relief week for financial markets, with equities bouncing over 5% off their low levels recorded last Monday.

Global markets were lower overnight, as US markets (S&P 500 index -0.1%) ended lower as stocks struggled to end the session in the green following Federal Reserve chair Jerome Powell’s comments to Congress.

Global markets were higher overnight, as US markets (S&P 500 index +2.5%) rebounded as there was a break in heavy selling following the market’s worst weekly decline since 2020.

The US Market was closed for a public holiday yesterday, although futures markets were trading about 1% higher