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Market Report - Us
28 Apr
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US open: Weak Q1 GDP weighs on stocks, economists sanguine

Wall Street was set to limp into the weekend following a weak reading on first quarter economic growth, although the Nasdaq Composite was climbing further into record territory on the back of positive results from the biggest of the so-called FANG stocks.

27 Apr
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US open: Stocks edge higher despite doubts over Trump tax plans

Stocks managed to hold onto slight gains at the open as investors continued to mull over the White House's tax cut plans announced the night before amid a barrage of largely as expected economic data.

26 Apr
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US open: Stocks little changed as investors eye Trump tax announcement

US stocks were little changed on Wednesday as investors awaited a speech on tax reform by President Donald Trump.

25 Apr
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US open: Nasdaq hits 6,000 mark for the first time ever

The Nasdaq hit the 6,000 mark for the first time on Tuesday on the back of recent better-than expected corporate earnings and the so called ‘Trump rally’.

24 Apr
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US close: Markets rally as Macron takes pole position

US equity markets were in the green on Monday over investor relief on centrist Emmanuel Macron winning the first round in the French presidential election and on hopes of possible tax reform.

24 Apr
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US open: Stocks gain following French election vote, investors eye tax reform

US equity markets were in the green on Monday over investor relief on centrist Emmanuel Macron winning the first round in the French presidential election and on hopes of possible tax reform.

21 Apr
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US open: Stocks little changed as investors mull French election, Mnuchin comments

US stocks were little changed on Friday as concerns about the French presidential election weighed on investors, while they also digested comments from Treasury Secretary Steven Mnuchin that the Trump administration is close to bringing forward major tax reform.

20 Apr
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US open: Stocks make modest gains as earnings season continues

As earnings season continues, there were modest gains on Wall Street on Thursday following a slump in oil prices in the previous session.

19 Apr
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US open: Stocks mostly higher after strong earnings from Morgan Stanley

US stocks were mostly higher on Wednesday following strong earnings from financial firms led by Morgan Stanley.

18 Apr
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US open: Stocks fall on disappointing Goldman Sachs quarterly earnings

US stocks were trading lower on Tuesday with the Dow weighed by Goldman Sachs, which reported weaker-than-expected first quarterly results, while the dollar fell.

13 Apr
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US open: Trump trips up traders trying to hedge their risk

Wall Street's main equity gauges turned higher following a weak start to the day, with what few remaining traders there were focused on hedging their risk ahead of the long holiday weekend - the US president permitting.

12 Apr
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US open: Stocks on track to extend losses amid rising geopolitical tension

US stocks were lower on Wednesday and on track to extend their recent losses as investors held off from making big bets as geopolitical tensions continued to build between the Trump administration and Syria, Russia and North Korea.

11 Apr
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US open: Stocks retreat on geopolitical concerns, gold rallies

US equity markets retreated on Tuesday as geopolitical concerns in Syria and North Korea weighed on investors while gold rallied.

10 Apr
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US open: Stocks shrug off geopolitical concerns ahead of Yellen Q&A

US stocks climbed higher on Monday as Wall Street shrugged of rising US and Russian tensions after last week's missile strikes on Syria, as investors looked ahead to comments by Federal Reserve chair Janet Yellen.

10 Apr
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US open: Stocks higher after better-than-expected jobless claims

US stocks were trading higher on Thursday after better-than-expected employment data, while investors were also digesting news that the Federal Reserve will start unwinding its $4. 5trn balance sheet this year.

07 Apr
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US open: Stocks resilient despite negative jobs surprise, geopolitics in focus

Wall Street was slightly on the backfoot at the start of the session as startled traders tried to reconcile a surprisingly low reading on US non-farm payrolls for March with a large and a unexpected drop in the unemployment rate.

05 Apr
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US open: Stocks rally after strong ADP jobs numbers, investors eye Fed minutes

Ahead of publication of the latest Federal Reserve minutes, US stocks rallied on Wednesday following strong private sector employment numbers.

04 Apr
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US open: Stocks on the back foot ahead of Trump-Xi summit

US stocks were on the back foot on Monday as investors geared up for the first bilateral meeting between President Trump and Chinese counterpart Xi Jinping.

04 Apr
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US pre-open: Stocks to open higher as investors eye data releases

US futures were suggesting a slightly higher open on Wall Street as investors turned their attention to a raft of data releases and an upcoming meeting between the US and China leaders.

03 Apr
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US open: Stocks little changed as investors shrug off Trump North Korea comments

US equity markets little changed on Monday as investors looked towards the second quarterly earnings season and shrugged off Trump’s comments on North Korea.