News

Global markets were mixed overnight (S&P 500 index -0.4%) with US equities pulling back from record highs as technology and consumer discretionary stocks sold off, offset by a gain in financials after strong initial results from several big US banks.

Global markets were lower overnight (S&P 500 index -0.8%) as investors took a more cautious tone heading into the upcoming corporate earnings season and a key inflation report later this week.

Global markets were higher overnight (S&P 500 index +0.3%) with US equities reaching record highs after March inflation numbers turned out to be not as bad as feared, and as markets shrugged off concerns surrounding a pause in the Johnson & Johnson vaccin

Looking ahead, the US corporate earnings season kicks off properly this week with the major US banks reporting quarterly profits.

Contact shares look attractive, trading on undemanding multiples with a healthy and growing gross dividend yield of 6.5%

JP Morgan’s CEO projected strong growth for the US economy into 2023 with help from Biden’s $2.25 trillion infrastructure bill.

Global markets were higher overnight with the US S&P 500 (+0.4%) and European Stoxx 600 (+0.6%) higher driven by technology and growth stocks.

Global markets rallied overnight (S&P 500 index +1.4%) as strong economic data has pushed US markets to new record highs.

Global markets were mixed overnight (S&P 500 index -0.1%) with the US market a touch lower, consolidating near record highs as investors weighed more strong US economic data against nervousness around the upcoming quarterly earnings season.