by Megha Malhotra | Sep 2, 2021 | Credit Ratings, Macroeconomic news
US markets kicked off September with a small gain – Nasdaq gained 0.3% hitting an all time high, while the S&P was 0.1% higher. Real Estate added another 1.7% while Utilities added 1.3%. Energy and Financials, down 1.5% and 0.6%, were a drag on the markets....
by Megha Malhotra | Sep 1, 2021 | Credit Ratings, Macroeconomic news
US markets slid marginally but still carved out a seventh straight month of gains – both Nasdaq and S&P ended 0.1% lower. Real Estate added 0.6% while IT and Energy traded 0.6% and 0.7% lower. For the month of August, S&P gained 3% while the tech heavy Nasdaq...
by Megha Malhotra | Aug 31, 2021 | Credit Ratings, Macroeconomic news
US markets added to last week’s gains as tapering fears cooled down – the tech heavy Nasdaq closed 0.9% higher while S&P ended 0.4% higher. The gains were led by Real Estate and IT up ~1.1% while the losses were led by Financials and Energy down 1.5% and...
by Megha Malhotra | Aug 30, 2021 | Credit Ratings, Macroeconomic news
US markets traded higher on Friday to end the week in the green and hitting new records after Powell’s speech at Jackson Hole, where he signaled that there were no immediate plans to raise rates and that the Fed would continue supporting the asset purchase...
by Megha Malhotra | Aug 27, 2021 | Credit Ratings, Macroeconomic news
US markets fell more that half a percent ahead of the Jackson Hole meeting with the S&P and Nasdaq closing ~0.6% lower. All sectors except Real Estate closed in the red. Energy down 1.5% led the losses followed by Consumer Discretionary, Communications Services,...
