US markets closed mixed on Thursday, with the Dow ending a losing streak despite the Fed forecasting fewer 2025 rate cuts and higher inflation. Positive economic data, including falling jobless claims and revised GDP growth, were offset by losses in several S&P 500 sectors. Asian and European markets experienced declines, with oil prices falling and the dollar strengthening. US futures indicate a negative opening on Friday.
US markets closed mixed with the Dow and S&P 500 edging up while the Nasdaq dipped. Inflation data fueled bets on a December Fed rate cut. Asia saw mixed results with Japan’s Nikkei declining while Australia’s S&P/ASX 200 rose. The Eurozone experienced gains, with the STOXX 50 index up over 1%. Meanwhile, commodities like crude oil saw slight gains, while gold fell to a two-month low.
US markets rallied on Monday driven by anticipation of tech earnings, while Asian markets saw mixed performance as investors awaited key US economic data. Oil prices rebounded after a recent drop, supported by US plans to replenish its oil reserves.
Temasek, Singapore’s state-owned investment firm, has raised concerns about the potential impact of a Donald Trump re-election on global growth. Their Chief Investment Officer, Rohit Sipahimalani, believes that a Trump presidency could lead to a stronger dollar, higher interest rates, and increased uncertainty due to tariffs, potentially impacting U.S. companies and financial markets.
US markets closed with a mixed performance on Wednesday, driven by gains in the tech sector, particularly Nvidia, while concerns over Middle East tensions and upcoming labor data kept investors on edge. Despite the mixed performance, US private businesses added 143,000 workers in September, exceeding market expectations, offering a positive signal for the economy. Global stock markets experienced a dip on Thursday, with the Eurozone showing a decline. The Middle East tensions continued to impact oil prices, which rose as concerns grew about potential supply disruptions.
US stock markets kicked off the week with strong gains, led by a surge in airline and semiconductor stocks. Investors are hopeful about the upcoming Apple event and the anticipated slowdown in inflation. Commodities also rose, with oil prices climbing on production shutdowns in the Gulf of Mexico. Bitcoin rallied for the third consecutive day, while Moderna and MicroStrategy saw significant gains.
BlackRock managing director Gargi Pal Chaudhuri predicts a volatile September and October for U.S. equity markets. However, she emphasizes that this is a seasonal trend and remains optimistic about the medium- to long-term outlook. Chaudhuri also encourages investors to consider India’s emerging market potential, urging them to reconsider underweight positions.
US stock markets closed with a mixed performance on Wednesday, driven by a cooling labor market and speculation about a potential Fed rate cut. The S&P 500 and Nasdaq dipped, while the Dow edged higher. Global markets displayed varied performance, with Asian indices showing mixed results and European markets mostly declining. Commodity prices saw mixed movement, with crude oil rebounding from multi-month lows but gold and silver experiencing gains.
US stock markets closed mixed on Tuesday, with the Dow and S&P 500 experiencing slight declines. Palo Alto Networks surged after reporting strong earnings, while healthcare shares outperformed. In Europe, markets closed lower, driven by inflation concerns, while Asian markets traded mixed.
Mark Mobius, a renowned investor, has raised concerns about a potential risk to the U.S. markets stemming from a decline in the M2 money supply. He believes this could lead to a decrease in capital available for discretionary spending, potentially impacting the ongoing economic expansion and bull market. However, he remains optimistic about certain tech sectors, particularly semiconductors, due to growing global demand and the rise of AI.
