[Chart courtesy of MarketWatch.com] Equities were mixed in early trading but gained some ground as bullish sentiment persisted. The tech sector continued to lead, with Nvidia rising over 2% following news that Saudi Arabia purchased 18,000 of its highly rated AI chips. Fellow chipmaker AMD surged more than 7% due to a $6 billion buyback. The S&P 500 finally reached …
S&P 500 And Nasdaq Return To Positive Territory, Lagging Behind Gold
[Chart courtesy of MarketWatch.com] Early gains helped the S&P 500 and Nasdaq return to positive territory for the year, although both are still trailing gold’s performance by over 23%. Nvidia boosted the Nasdaq with a 7% rise in early trading, while the Dow remained in the red. Sentiment remains positive following yesterday’s surge, with traders pleased that Trump secured more …
Equities Rally On Productive U.S.-China Trade Talks
[Chart courtesy of MarketWatch.com] Equities surged at the opening following news that the U.S. and China agreed to temporarily slash tariffs after weekend negotiations in Switzerland. Treasury Secretary Bessent described the talks as “very productive,” with both parties agreeing to cut reciprocal tariffs by 115% for nine days. Specifically, this means the U.S. will reduce Chinese tariffs to 30%, while …
ETF Tracker Newsletter For May 9, 2025
ETF Tracker StatSheet You can view the latest version here. EQUITIES SLIP AMID U.S.-CHINA TRADE TALK ANXIETY [Chart courtesy of MarketWatch.com] With the much-anticipated trade talks between the U.S. and China scheduled for this weekend, equities slipped in early trading as anxiety prevailed on Wall Street. There is hope that following the U.S.-U.K. trade agreement, other major nations will …
Bitcoin And Crude Oil Join Bullish Sentiment, Gold Retreats
[Chart courtesy of MarketWatch.com] Equities advanced this morning, buoyed by Trump’s announcement of a finalized trade deal between the U.S. and the United Kingdom. “It’s a full and comprehensive one,” he elaborated, “which will cement the relationship between our countries for many years to come.” Tech shares received a boost from news that the current administration will rescind the Biden-era …
Gold Glows Amid Market Uncertainty; Bitcoin Recovers
[Chart courtesy of MarketWatch.com] Equities started the day on a downward trend as traders eagerly awaited the Fed’s policy decision tomorrow. They were also tracking global news for any signs of progress on potential trade deals. Tech giants Nvidia and Meta, along with Tesla, saw declines. Tesla’s new car sales in Britain and Germany fell to their lowest levels in …