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Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
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EM Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
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G10 Markets
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Emerging Markets
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Credit
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Data
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Global Macro
Global Macro
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessStocks Return Higher, Tech/Growth Leads Bounce
- During the final session of the month, equity markets across Wall Street traded higher, with tech and growth names leading the bounce, prompting outperformance in the NASDAQ relative to S&P 500 and Dow Jones Industrial Average.
- The NASDAQ 100 now trades close to 8% off last week's lows, and is again narrowing in on the 200-dma. This sentiment was echoed across the S&P 500, with consumer discretionary and tech sectors ripping higher. The gains were led by some of the most oversold stocks of recent weeks, with Tesla, Netflix, AMD and NVIDIA all sharply higher.
- The risk-on appetite was reflected in the underperformance for value stocks and defensive sectors, leading healthcare and consumer staples to underperform - sitting at the bottom of the pile in the S&P 500.
- The progression of earnings season remains a focus, with Meta (Facebook), Alphabet (Google) and Amazon all due in the coming days. Full earnings schedule including expectations and timings here: https://marketnews.com/mni-us-earnings-schedule-sp...
To read the full story
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Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.