Wall Street Advances on Tech Boost After Inflation Data
Invesco’s momentum tech ETF hit a record as the S&P 500 rose 3.8% and the Dow gained 3.4%, analysts said the ceasefire may not hold.
6 Articles
6 Articles
JPMorgan's former quant chief predicts tech stocks will 'crash' after blistering post-ceasefire rally
Michael M. Santiago/Getty ImagesThe tech-heavy Nasdaq led the post-ceasefire stock rally this week. JPMorgan's former quant chief, Marko Kolanovic, says the run-up in tech is destined to reverse. He thinks the Iran deal is too fragile to instill further confidence in investors. The tech-heavy Nasdaq Composite has led the post-ceasefire surge in US stocks, but JPMorgan's former quant chief thinks the blistering relief rally is poised to reverse. …
S&P 500, Nasdaq gain on tech boost after inflation data; Mideast tensions in focus
The S&P 500 and the Nasdaq edged higher on Friday, lifted by gains in tech stocks after March inflation data met expectations despite ongoing pressures from the Middle East conflict, while investors weighed the strained truce between the U.S. and…
Ex-JPM Quant Chief Marko Kolanovic Dismisses Nasdaq’s Post-Ceasefire Rally as Built on Sand, Warns of Sharp Reversal
The Nasdaq Composite stormed higher on Thursday, leading a broad relief rally after President Donald Trump announced a two-week ceasefire with Iran. The tech-heavy index jumped nearly 5 percent, outpacing the S&P 500’s 3.8 percent gain and the Dow’s 3.4 percent advance. For the first time since the conflict erupted, the Nasdaq has climbed back […] The post Ex-JPM Quant Chief Marko Kolanovic Dismisses Nasdaq’s Post-Ceasefire Rally as Built on San…
US Stock Market Today: Dow, Nasdaq & S&P 500 Edge Higher as Oil Nears $100 on Iran Ceasefire Doubts; Gold & Silver Mixed, Bitcoin Holds Near $71K | What Should Investors Know
U.S. Stock Market Today: US equities traded mixed to slightly higher on April 10, with the S&P 500 and Nasdaq gaining on technology stocks while the Dow showed modest movement, as investors balanced inflation data and geopolitical tensions involving Iran, according to Reuters and latest market reports. Oil prices hovered near the $100 mark as doubts over the durability of the ceasefire kept markets cautious. U.S. Market Snapshot Index Trend Ke…
Shares in the United States are opening up this Friday, spreading the recent momentum after an inflation figure that, while showing a strong rebound, was placed in line with market expectations.The positive tone is given in parallel to the expectation of the Washington-Tehran talks planned for the weekend.See more: What to invest in Wall Street?The actions recommended by Deutsche BankThe S&P 500 advances 0.29% in the first operations of the sess…
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