Macro; Rating Changes; New Issues; Talking Heads; Top Gainers and Losers
US equity markets dropped again on Friday with the S&P and Nasdaq closing 0.6% and 1.4% lower respectively. Sectoral losses were led by Consumer Discretionary, Communication Services and Materials down over 1.3% each. US 10Y Treasury yields move 7bp higher to...
Macro; Rating Changes; New Issues; Talking Heads; Top Gainers and Losers
US equity markets saw a massive drop with the S&P and Nasdaq crashing 3.6% and 5% respectively. All of the 11 major industry groups declined, with the information technology, consumer discretionary, communication services and financials sectors leading losses. The...
Macro; Rating Changes; New Issues; Talking Heads; Top Gainers and Losers
US equity markets jumped with the S&P and Nasdaq up 3% and 3.2% respectively. All sectors were in the green, led by Energy, up 4%, Communication Services and IT, up over 3.5% each. The move comes after a pick-up late in the day post the Fed meeting where they...
FOMC Hikes by 50bp; Balance Sheet Roll-off to Begin in June
The Federal Reserve hiked its policy rate by 50bp, as expected by market participants, bringing the fed funds target range to 0.75%-1%. This was its largest single rate hike in over two decades. The move comes on the back of inflation hitting 40Y highs, at 8.5% YoY in...
