News

Post-election momentum fades and odds drop for December Fed rate cut

While US stocks started the week higher, the post-election rally lost momentum as the week went on, with investors reacting to the first picks for the new Trump administration.

Global Market Review – October 2024

October proved to be a volatile month for investors in the run up to two high-profile events – the UK Autumn Budget and the US Presidential Election. All major equity regions other than the US detracted over the month, with US equity returns boosted by a resurgence of the US dollar for sterling investors.

US small caps surge on Trump election victory

US stocks experienced a strong week, with the major indices closing at all-time highs in response to the presidential election.

Celebrating National Trustees Week 2024

This week is National Trustee Week in the UK. According to the Charity Commission there are 923,876 trustees in England and Wales and a further 184,000 in Scotland. Unfortunately, it is estimated that there are around 100,000 vacancies*.

10-year Treasury yield logs seventh consecutive weekly gain

US stock indices posted weekly losses in a volatile week filled with earnings reports and macroeconomic data as well as uncertainty ahead of the presidential election.

S&P 500 snaps six-week winning streak

Wall Street ended the week mixed, with the S&P 500 and Dow Jones Industrial Average both snapping six-week winning streaks, while the Nasdaq Composite ended slightly higher.