Weekly:Earnings Drives the US Market to New Highs; CPI & ADR Earnings on Eyes
Last Week's Recap 1. Moderating Market -The S&P 500 and the NASDAQ recorded their sixth consecutive weekly gains Upward momentum — as stronger-than-expected quarterly earnings growth lifted, The $NASDAQ(.IXIC)$ finished up 4.51% for the week and the $S&P 500(.SPX)$ added 2.33%. The $Dow Jones(.DJI)$ lagged, posting a fractional gain. Earnings juggernaut — S&P 500 Q1 earnings growth surged to 27.7% from 13.1% at end-March, the strongest since Q4 2021, per FactSet. Jobs improvement — Back-to-back monthly gains: April added 115K jobs (above forecast) and March revised up to 185K; unemployment held at 4.3%. Style shift — Growth outpaced value for the 5th
Australian Market - XJO +0.17% as mining and fintech earnings lift sentiment
$S&P/ASX 200(XJO.AU)$ edged up 0.17% to 8,744.4 over the week, as strong gains in iron ore miners, gold producers, and a blockbuster fintech earnings report offset softness in select defensive names.. Industry leaders: Motorcycle Manufacturers (+20.00%) led the charge on renewed consumer demand and export optimism; Data Center REITs (+17.23%) surged on AI infrastructure demand and accretive asset sales; Electrical Components & Equipment (+16.20%) advanced on global semiconductor and electrification tailwinds. 8 Popular Stocks: $BHP GROUP LTD(BHP.AU)$ +5.48% — The Big Australian rallied alongside iron ore and copper price strength. While Westpac continues to forecast a 20% drop in iron ore to U
Weekly: Market Flatlines, Oil Spikes, Mag7 Carries the Load: 4 Markets to Know
Last Week's Recap1. NASDAQ +1.5% on Semis, but Consumer Sentiment Cracks Below 50: Weekly WrapSlowing down — U.S. indexes flattened after three straight weekly records. The NASDAQ rose 1.5% (semis-led), the S&P 500 edged up fractionally, and the Dow slipped slightly.Energy shocks — Middle East tensions pushed U.S. crude to ~$95/bbl (from ~$83), though still well below the April 7 peak of ~$113.Top-heavy earnings — The Magnificent Seven are expected to deliver Q1 EPS growth of 22.8% vs. just 10.1% for the rest of the S&P 500, per FactSet.Growth tops value — Growth stocks outran value for a fourth straight week, gaining 16% over the stretch vs. 8% for value, narrowing value’s YTD lead.Retail rebound — March retail sales surged 1.7% (fastest in 3+ years), but the jump was largely gaso
Weekly | Risk-on ASX rally driven by $NST $LYC $VAU $MIN since 2022
Australian shares notched their biggest weekly gain since 2022 as a fragile ceasefire brokered between the US and Iran lifted risk appetites, with investors now turning to weekend talks between the countries for direction. The S&P/ASX 200 rose 3.17% for the week to close at 8,960.60 points – the strongest since October 2022 and a third consecutive week of gains – supported by a broad rally that included a 2.6% surge on Wednesday, the largest one-day gain in a year. 1. $LYNAS RARE EARTHS LTD(LYC.AU)$ Lynas shares showed strength (e.g., +2.96% to ~A$22.07 on April 9, trading near A$21.80–22.07 recently), driven by geopolitical tailwinds for non-Chinese rare earth supply. Top drivers: Escalating rare earth supply chain security concerns and Chi
As of the close on Friday, $S&P/ASX 200(XJO.AU)$ closed at 8,697.30 on Friday, up 1.18% in the past 5 days.1. $Vault Minerals Ltd(VAU.AU)$ +8.74% & $NEWMONT CORP-CDI(NEM.AU)$ +8.58% & $EVOLUTION MINING LTD(EVN.AU)$ +6.33%Common Reasons:Gold prices surged above A$6,400/oz (equivalent to ~US$4,200+ globally) in early December, driven by expectations of US Fed rate cuts and geopolitical factors, boosting all ASX gold miners including VAU and NEM.Broader ASX 200 gains, particularly in mining and gold stocks, with the index up ~1.2% on December 11 and gold miners leading, amplifying VAU & NEM's upward