Global Stocks Rally

It was a strong night for stocks with all three of the large US indices opening up and continuing to drift higher for the rest of the day. The Nasdaq 100 was the best performer, climbing 1.05%, wh...

Oil Inventories Decline for Fifth Consecutive Week

The Dow Jones closed 0.61% higher overnight after opening up and drifting higher throughout the session. The Nasdaq 100 closed flat even as some of the big tech names closed higher, such as Facebo...

US Ten-Year Yield Exceeds 3.0%

US stocks rallied overnight with the Dow Jones climbing 0.71%, slightly outperforming the broader S&P 500 which closed 0.54% higher. The ASX 200 closed down 0.38% yesterday although futures this m...

Nasdaq 100 Underperforms Blue Chips

US stocks fell overnight as tariff concerns surfaced yet again after president Trump announced that a China tariff announcement is imminent. The Nasdaq 100 performed the worst out of the three mai...

Trade Talks With China Set to Resume

The Dow Jones climbed overnight, closing 0.57% higher. Apple (AAPL) rallied 2.4% as analysts digest the impact of the new iPhone launch. Technology stocks in general outperformed as the Nasdaq 100...

Gold Breaks Back Through US$1,200

US stocks were mostly flat overnight although AAPL dropped just over 1% following the release of its new iPhone. Considering the strong share price gain the day before, this appeared to be a case ...

US 10-Year Bond Yield Nears 3.0%

While European stock indices were flat, US stocks managed to rally with the S&P 500 closing 0.37% higher . The FTSE 100 appears to be struggling due to a rising pound which is benefiting from opti...

Brexit Deal Could be Less Than Two Months Away

The slide in the Nasdaq has been halted in the last two trading sessions as the index now consolidates at this slightly lower level. The Tesla (TSLA) share price had a significant bounce last nigh...

Tech Stocks Continue Slide

Large cap stocks continue to outperform while tech slides as the Nasdaq 100 lost another 0.93% last night and the Dow Jones closed virtually flat. Twitter’s (TWTR) share price had a large decline ...

Tech Stocks Routed

Large cap US stocks outperformed overnight with the Dow Jones closing close to flat while tech stocks were routed. The Nasdaq 100 fell 1.3% which included a 6.2% fall in Netflix (NFLX) and a 6% fa...
  • © 2018 Prudens