30/01/2026 09:29

US S&P 500 Index

The S&P 500  reversed lower overnight as selling in big tech and Microsoft in particular weighed on the market. A tumble in software stocks added to the losses, as fears grew among investors that AI spending was not yet yielding adequate financial returns. ServiceNow shares tumbled buy -12% even after better-than-expected earnings and revenue for the fourth quarter.

Read more

23/12/2025 09:13

US S&P 500 Index

The S&P 500 rose 0.6% at the start of the holiday-shortened week, extending Wall Street’s bullish momentum amid a broad-based advance, supported by strength in oil and gold, which rallied as the US dollar weakened. Equities erased their December losses, with the S&P 500 set for an eighth straight up month - the longest winning run since 2018.

Read more

20/11/2025 09:51

US S&P 500 Index

The S&P 500 surrendered most of its early gains overnight but still closed up +0.4%, plus futures have now rallied post NVDA numbers.  The Fed minutes weighed on the broader market, but a bounce by the “AI Trade” ultimately kept the bears in check: Nvidia +2%, Oracle +1.7%, and Alphabet +3.5%.

Read more

14/11/2025 09:34

US S&P 500 Index

The S&P 500 endured a tough session overnight with the heavyweight tech names leading the falls, as Wall Street braced for an economic data deluge after the end of the US shutdown. With optimism about the government reopening priced in, concern about valuations emerged, prompting a selloff in high-flying tech giants. Under the surface, some market observers pointed to a rotation into more defensive names, something we’ve been observing on the ASX for weeks - we saw Tesla, Nvidia and Oracle all fall well over 4%.

Read more

17/10/2025 09:01

US S&P 500 Index

The S&P 500 fell away late on Thursday night to finish the session down 0.6% with the banks leading the decline on worries about bad loans. Regional banks Zions and Western Alliance each tumbled more than 10% late in the session — Zions after taking a sizable charge on bad loans to a few borrowers, and Western Alliance after disclosing that one of its borrowers had allegedly committed fraud.

Read more

01/08/2025 09:18

US S&P 500 Index

The S&P 500 struggled overnight after posting new all-time highs early in session ahead of tonight’s employment data. An initial rally in big tech drove stocks up, but caution prevailed throughout the day, although the market still delivered its longest streak of monthly gains since September.

Read more

15/07/2025 09:25

US S&P 500 Index

The S&P 500’s small gain overnight took it within 0.4% of its all-time high, an impressive result considering the fresh tariff uncertainty, combined with inflation data due out tonight and bank earnings due out later this week. Corporate America is bracing for its weakest earnings season since mid-2023, but lower estimates could prove easy for companies to beat.

Read more

01/05/2025 09:24

US S&P500 index

The US economy contracted at the start of the year for the first time since 2022 due to an enormous pre-tariff import surge and more moderate consumer spending, courtesy of tariff uncertainty.

Read more

28/03/2025 09:36

US S&P500 Index

Hedge funds have begun to realign their portfolios toward economically sensitive companies that have declined over the past month, as concerns about a recession have rocked US stock markets.

Read more

28/02/2025 09:48

US S&P500 Index

The S&P500 surrendered early gains overnight following President Donald Trump’s declaration that tariffs on Canada and Mexico would proceed as planned, and AI behemoth Nvidia (NVDA US) reversed lower.

Read more