Page 4 - S&p 500
Global stocks rise after US job data gain paves way for rate hike
Global stocks gained Monday after strong U.S. jobs data cleared the way for more interest rate hikes and Chinese exports rose by double digits. London, Shanghai, Tokyo and Frankfurt advanced. Hong Kong retreated. Oil prices edged higher. Wall Street's benchmark S&P 500 lost 0.2% on Friday after government data showed American employers added more jobs than expected in June. That undercut expectations a slowing economy might prompt the Fed to postpone or scale back plans for more rate hikes to cool inflation. Now it seems they will be debating whether they need to be even more aggressive, Edward Moya of Oanda said in a report. In early trading, the FTSE 100 in London was up 0.4% at 7,471.08 and the DAX in Frankfurt added 0.4% to 13,629.44. The CAC 40 in Paris advanced 0.6% to 6,512.74. On Wall Street, the future for the S&P 500 rose 0.3% while that for the Dow Jones Industrial Average was up 0.2%. The S&P declined 0.2% on Friday after government data showed employers hired .
 "Global stocks rise after US job data gain paves way for rate hike")
Markets are now pricing in 50bps US Fed rate cut in 2023: Chris Wood
The US Fed raised the target range for the federal funds rate by another 75 bps to 2.25-2.50 per cent in its July meeting. The FOMC statement has downgraded its assessment of the economic situation
 "Markets are now pricing in 50bps US Fed rate cut in 2023: Chris Wood")
Wall Street falls as solid jobs data fuels interest rate hike worries
The Dow Jones Industrial Average was down 134.01 points, or 0.41%, at 32,592.81, the S&P 500 was down 27.03 points, or 0.65%, at 4,124.91
 "Wall Street falls as solid jobs data fuels interest rate hike worries")
Wall Street struggles to gain as earnings-driven rally peters out
US manufacturing sector slows modestly; PerkinElmer rises on $2.45-bn divestment
 "Wall Street struggles to gain as earnings-driven rally peters out")
Nasdaq, S&P 500 rise on upbeat forecasts from Apple, Amazon
Apple sees continued strength in demand for iPhone; Amazon expects higher revenue in third quarter; Intel cuts annual forecasts, shares slide; consumer spending beats expectations in June
 "Nasdaq, S&P 500 rise on upbeat forecasts from Apple, Amazon")
Asia shares bounce on China property fund as Fed rate hike looms
FTSE futures edged up 0.15%. U.S. markets are likely to open lower, with E-mini futures for the S&P 500 index down 0.32%
 "Asia shares bounce on China property fund as Fed rate hike looms")
Dow Jones rises at start of big earnings week, Microsoft drags Nasdaq
The S&P 500 was up 5.49 points, or 0.14%, at 3,967.12, while the Nasdaq Composite was down 26.93 points, or 0.23%, at 11,807.19
 "Dow Jones rises at start of big earnings week, Microsoft drags Nasdaq")
No relief for markets as Fed gets aggressive to tame inflation: Chris Wood
The latest consumer inflation (CPI) print in the US for June came in at 9.1 per cent - the highest reading since 1981, and surpassed most analysts' expectations, who had pegged this at 8.8 per cent
Wall Street climbs as investors trim bets on rate hike; Dow up 500 points
The S&P 500 was up 50.87 points, or 1.34%, at 3,841.25, and the Nasdaq Composite was up 120.63 points, or 1.07%, at 11,371.81
A first half worth forgetting
Contrasting narratives are plausible and in play after a truly terrible six months for the markets
 "A first half worth forgetting")
Wall Street slides as strong jobs data fuels interest rate hike worries
Fed Governor Christopher Waller and St. Louis Fed President James Bullard said on Thursday they would support another 75-basis-point rate increase, but forecast a downshift to a slower pace afterward
Wall Street: S&P 500, Dow slip over 1.2% as recession fears mount
US May factory orders rise more than expected; commodity-linked stocks, banks shares tumble
 "Wall Street: S&P 500, Dow slip over 1.2% as recession fears mount")
Wall Street begins second-half with losses on economic growth worries
Dow Jones Industrial Average was down 114.85 points, or 0.37%, at 30,660.58, the S&P 500 was down 9.89 points, or 0.26%, at 3,775.49
 "Wall Street begins second-half with losses on economic growth worries")
Wall Street slides, Dow Jones set for worst first-half since 1962
S&P 500 headed for worst first-half since 1970; the tech-heavy Nasdaq Composite came off session lows but was still set for its largest declines ever for the first-half
Sharp rate hike bets keep Wall Street subdued, Goldman Sachs lifts Dow
US economy contracted in Q1 amid record trade deficit; BofA upgrades Goldman Sachs, shares rise; General Mills rises as sales beat on higher prices; Bed Bath & Beyond replaces CEO, shares tumble
Wall Street sheds opening gains on losses in high-growth stocks
S&P 500 energy stocks among few gainers; Robinhood rises on Goldman Sachs upgrade
 "Wall Street sheds opening gains on losses in high-growth stocks")
Bruised US stock investors brace for more pain in second half of 2022
With investor expectations fluctuating between continued high inflation and an economic downturn caused by a hawkish Fed, few believe the market's volatility will dissipate anytime soon
No let-up in market sell-off as recession fears build for world economies
Experts said risk aversion among investors is due to scepticism over whether policymakers will be able to achieve aggressive monetary tightening to tame inflation without triggering recession
 "No let-up in market sell-off as recession fears build for world economies")
Cloudy valuations give investors pause in buying beaten-up US stocks
Market volatility and a rapidly changing macroeconomic landscape have clouded metrics that investors typically use to value stocks
Wall St sinks as recession fears ripple through markets; Nasdaq down 3.85%
Growth stocks decline, banks also down; S&P 500 down 22.9% year-to-date
