The FED Speaks After The Bell, As Inflation Holds Higher!

This is our latest weekly market update. In a foreshortened trading week, the Dow and S&P 500 closed at new record highs on Thursday, notching its best first-quarter performance since 2009 supported by the AI boom and as the rally broadened out beyond tech amid optimism on rate cuts coming soon and data signaling a soft landing for the US economy remains within in reach. MSCI’s gauge of stocks across the globe fell very slightly. The index was up over 7% for the first quarter. The S&P 500 benchmark index closed up 0.1 per cent to 5254.35; having touched an […]