US equities retreated from intraday record highs on Thursday, with the S&P 500 closing at 7’337 (-0.4%), the Nasdaq at 25’806 (-0.1%), and the Dow Jones at 49’597 (-0.6%), as oil prices rebounded from session lows and traders awaited Iran’s formal response to the US-drafted 14-point peace memorandum. Breadth deteriorated sharply beneath the headline: the […]
US equities extended their record-breaking run on Thursday. The S&P 500 rose +0.3% to 7’041 at a fresh all-time closing high, the Nasdaq added +0.4% to 24’103, its twelfth consecutive positive session, and the Dow gained +0.2% to 48’579. Breadth was narrowing, with energy, materials, and real estate leading while healthcare and consumer discretionary lagged.In […]
US equities closed sharply higher on Monday April 13 after an early session selloff reversed on renewed optimism over a potential US-Iran deal. The S&P 500 advanced +1.0% to 6’886, its highest close since before the Iran war began, erasing the index’s year-to-date loss. The Nasdaq Composite gained +1.2% to 23’184, buoyed by a broad […]
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