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Last week saw US stocks retreat from recent highs as a higher inflation reading caused many investors to pare back their interest rate cut expectations, writes Ian Slattery.
US Stocks ended last week on a high as investors cheered a number of indications from Federal Reserve policymakers that rates would decrease in 2024, writes Ian Slattery.
Zurich’s Prisma multi-asset funds recently reached an impressive new milestone of €10bn in assets under management.*
Last week saw US stocks display varied performance as momentum slowed somewhat, writes Ian Slattery.
In the US, equities closed the week on a mostly positive note after favourable inflation updates. The Nasdaq joined the S&P 500 index in record territory for the first time in over two years, writes Ian Slattery.
On Tuesday, the latest US Consumer Price Index (CPI) data was released, coming in hotter than expected, writes Ian Slattery.
It was a relatively quiet week in the markets, with activity across the main asset classes remaining muted, writes Ian Slattery.
On Thursday, the Federal Reserve kept interest rates steady for the fourth consecutive meeting, writes Ian Slattery.
US stocks showed a narrow gain last week as performance was mixed due to changing sentiment amongst investors, writes Ian Slattery.
Last week saw US stocks return to positive territory after a slow start to the year. Although a relatively quiet week for economic data, Thursday saw the release of the US consumer price index (CPI), which came in slightly hotter than expected, writes Ian Slattery.