News

Stocks buoyed by de-escalation in geopolitical tensions

Investors continued to focus on the situation in the Middle East, a main driver of market sentiment over the week.

US jobs report raises odds of Fed rate hike, pressuring equities

US equity markets logged weekly losses as tech-driven losses accelerated into Friday.

Wall Street ends May at record highs on hopes for Middle East progress

The ongoing situation in the Middle East continued to be a key driver of market sentiment. Although there were some mixed signals, with US strikes on Iranian targets, there were growing expectations that the two sides were close to reaching an agreement to wind down the war.

Inflation concerns offset AI enthusiasm

Wall Street had a mixed week, with stocks initially propelled by artificial intelligence (AI) optimism, but this was later replaced by concerns around inflation.

S&P 500 and Nasdaq Composite on six-week winning streak

Wall Street notched another positive week, buoyed by strong company earnings while investors also weighed up the prospect of a resolution to the Middle East conflict.

Global markets mixed as geopolitical risks persist

US stocks started the week cautiously after a strong prior rally, as fading hopes of near-term de-escalation in the Middle East weighed on sentiment.