The FTSE enjoyed a bright start on Friday, gaining 31 points to reach 8,411. This took the index ever closer to its record high seen in May of 8,447 in intraday trading and an 8,445 close. The move up came despite little company news and another tough night for Nvidia. Traditional safe stocks such as utilities and property groups were going well in early trades, particularly Land Securities and power group SSE. Nvidia shed almost US$200 billion of its value overnight after investors digested its results; this had a knock-on effect UK investor Scottish Mortgage Investment Trust, which was one of the FTSE 100’s few early losers. Elsewhere, house prices climbed by 2.4% in the year to August and at their fastest pace since December 2022, according to figures from building society Nationwide. Watch at #Proactive #ProactiveInvestors http://ow.ly/rHPx105H8WJ
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Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. More records: The S & P 500 and Nasdaq Composite both surged to all-time highs Wednesday as a second day of softer jobs data supported the idea that the Federal Reserve would be more likely to cut interest rates sometime this
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The #ARCIndices June 2024 estimates are now published. Investors can expect positive returns across all currencies and risk profiles of the ARC Indices for the quarter. 🌐 AI growth potential continued to dominate stock market performance in June, with Nvidia trading places with Microsoft and Apple as the world's most valuable public company. Nvidia and other beneficiaries of the AI boom led growth stocks to significantly outperform the value sector for the month and quarter. 💷 Sterling investors faced domestic equity market declines due to drops in financial, energy, and commodity sectors, whilst European markets were impacted by political uncertainty. 📈 Positive bond returns provided relief to cautious investors, as improving inflation data raises hopes for future interest rate cuts. Sign up to receive the ARC Indices updates - https://bit.ly/45N1x2O #TheARCIndices #investmentperformance #assetmanagement #privateclientindex #wealthadvisor #investmentportfolio
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This month, High Street shares some insights about the: ECB Rate Cut Watch, Nvidia's Earnings Results, and how the Consumer Discretionary Sector struggles in this last quarter. High Street's holdings continue to outperform, with sales growth at 8.9% and earnings growth at 36.5%. Our commitment to excellence and client service remains unwavering. Our investment strategy focuses on long-term performance and market adaptation. Join us at the ‘Meet the Managers 2024’ event, where our CIO, Ross Beckley, CFA , will discuss "Maximising Offshore Exposure under Regulation 28." https://ow.ly/MxLC50S6Bjq #MarketInsights #Research #TopFunds #MeetTheManagers2024
The Good, the Bad, and a Walk Along the High Street - Part Three - HSAM
https://hsam.co.za
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🌟 June's Must-See Financial Events: What to Watch 🎢 The markets just wrapped up a whirlwind May, with tech titans like NVIDIA taking center stage and propelling major indexes to new heights. Now, #June is gearing up to be just as exciting, with a packed calendar of #financial events that could shape the market's trajectory. Here's a quick rundown of what to watch for: 🚩 June 7: #NVIDIA's 10-for-1 stock split takes effect, potentially impacting investor sentiment and trading activity. 🚩 June 10-14: #Apple's WWDC 2024 could reveal game-changing AI strategies and new consumer features. 🚩 June 12: The #FederalReserve's interest rate decision and economic outlook will be closely scrutinized by investors. 🚩 June 13: #Tesla's shareholder meeting could bring heated debates on CEO compensation and potential relocation. 🚩 June 27: The first televised debate between #Biden and #Trump could offer insights into their #economic policies. These are just a few of the major events that could influence the market in June. Add in key economic data releases like non-farm payrolls, #CPI, #PPI, and #PCE, and it's clear that investors have a lot to digest. #moomoo #financialnews #stockmarket #investing #Juneevents #Feddecision #WWDC2024 #stocksplit #shareholdermeeting #BidenvsTrump #economicdata
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Are technology companies holding back markets? Read our latest WeekWatch here: #WeekWatch #MarketUpdate #InvestmentUpdate
WeekWatch - 02/09/2024
broadcharepartners.co.uk
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Are technology companies holding back markets? Read our latest WeekWatch here: #WeekWatch #MarketUpdate #InvestmentUpdate
WeekWatch - 02/09/2024
broadcharepartners.co.uk
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Market Moves: Microsoft Surges, NVIDIA Slumps, Oil Prices Rise - What It Means for the US Economy #10yearTreasurybonds #analystcalls #crudeprices #DowJonesIndustrialAverage #energysector #Microsoftupgrade #NASDAQComposite #NVIDIAdowngrade #oilmarket #SP500Index #Stockmarket #USeconomy
Market Moves: Microsoft Surges, NVIDIA Slumps, Oil Prices Rise - What It Means for the US Economy | US Newsper
usnewsper.com
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Index #investors who buy the S&P 500 are not #indexinvestors anymore. They are AI niche investors highly concentrating their portfolio correlations to the success or failure of one company.
Nvidia’s Success Is the Stock Market’s Problem
wsj.com
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Financial Planner at Gareth Culpan Financial Planning, an appointed representative of St. James’s Place
WeekWatch The wider media interest in Nvidia’s second quarter results last week demonstrated just how important a few large technology companies have become to the US market. The market reaction also demonstrated just how much is now expected of them. Read more here… #WeekWatch #Investing #Markets
WeekWatch - 02/09/2024
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