by Megha Malhotra | Aug 26, 2021 | Credit Ratings, Macroeconomic news
US markets inched higher to extend the record breaking streak for another day – S&P and Nasdaq gained ~0.2%. Financials were up 1.2% while Energy and Industrials were up more than 0.5%. Healthcare and Real Estate were down 0.3% and 0.2% respectively. European...
by Megha Malhotra | Aug 25, 2021 | Credit Ratings, Macroeconomic news
US markets rose for a fourth straight day to close at new records after Chinese tech stocks staged a recovery – S&P and Nasdaq gained 0.2% and 0.5%. Energy, up 1.6% led the gains for a second day, followed by Consumer Discretionary, Financials, Materials and...
by Megha Malhotra | Aug 24, 2021 | Credit Ratings, Macroeconomic news
US markets extended Friday’s gains to an all time high coming off a losing week – S&P and Nasdaq gained 0.9% and 1.6%. Energy, up 3.8% led the gains and was followed by Consumer Discretionary and IT up 1.4% and 1.3% respectively. Utilities, down 1.3% dragged...
by Megha Malhotra | Aug 23, 2021 | Credit Ratings, Macroeconomic news
US markets ended stronger on Friday but closed out a losing week – S&P and Nasdaq gained 0.8% and 1.2% on Friday while the indices shed 0.6% and 0.7% during the week. All sectors ended the day in the green with IT and Utilities leading the gains, up 1.3% and 1.2%...
by Megha Malhotra | Aug 20, 2021 | Credit Ratings, Macroeconomic news
US markets reversed their early losses ending the day slightly stronger as better than expected jobless claims seemed to mitigate the taper fears after the release of FOMC minutes – S&P and Nasdaq gained 0.1% each. Most sectors ended in the green. IT and...
