Between the Bells Bell Direct

Wall Street started the new trading week in record territory for the Nasdaq and S&P500 driven by market optimism around the AI movement and ahead of the Fed officials’ speeches later this week which could shine light on the rate cut outlook. The S&P500 ended the day up 0.77% at a record high 5473.23 points, while the Nasdaq soared to a close up 0.95% at 17,857.02 and the Dow added 0.5% to close at 38,778 snapping a four-session losing streak.European markets closely mostly higher on M...

It was a big week on Wall Street last week with the Nasdaq pushing to a fifth straight record close on Friday while the S&P 500 dipped just 0.04% at the closing bell and the Dow fell 0.15% on Friday. Consumer sentiment in the U.S. fell to 65.6 points in June which was below the expectations of 71.5 points and indicates consumers are concerned about economic conditions amid the high interest rate environment. For the week, the Nasdaq and S&P500 rose 3.2% and 1.6% respectively on the ba...

French election jitters threaten to rattle markets, while US tech giants advance. In this week’s wrap, discover how inflation data, global events and hot ASX sectors are shaping the investment landscape this week. In this week’s wrap, Sophia covers: (0:11) key US economic data moving markets (0:28) concerns surrounding the French election (1:36) what to expect from the Bank of Japan’s meeting (1:50) this week’s corporate news roundup(2:29) the ASX200 top performers&n...

US markets advanced overnight after the Fed chairman Jerome Powell stated that policymakers want to see more progress on inflation ahead of a decision to lower rates. US May CPI data also showed inflation continuing to cool, which lifted the market’s expectations that the Federal Reserve will pivo to rate cuts as early as September.It was a strong session on Wall Street with the S&P500 gained 0.85%, closing above 5,400 for the first time. The Nasdaq also hit an all-time high, up 1.53%, wh...

Wall St closed mixed on Tuesday as the Nasdaq closed at fresh highs and investors await for important inflation data. The Dow Jones fell 0.31%, the S&P500 closed 0.27% higher and the tech-heavy Nasdaq ended the trading session 0.88% higher as Apple gained 7%, now trading at an all-time high. Over in Europe, markets closed lower as the focus turns towards the Federal Reserve’s next meeting and important inflation data coming out of the US. The STOXX 600 fell 0.9% with all major sector...

Wall St closed higher overnight as investors await the Federal Reserve’s interest rate decision. The Dow Jones rose 0.18%, the S&P500 rallied 0.26% and the tech-heavy Nasdaq ended the trading session 0.35% in the green.Over in Europe, markets closed lower as traders react to initial results from the EU Parliament elections. The STOXX600 closed 0.27% lower with losses led by food and beverage stocks which fell 1.27%. Germany’s DAX fell 0.34%, the French CAC lost 1.35% and over in the UK th...