PBOC

U.S. Equities Power to Fresh Records, led by gains in materials, healthcare, and consumer discretionary

Oracle Soars, S&P 500 Hits Record as Tariff Fight Moves to Supreme Court

📈 Nasdaq Hits Record as Fed Cut Bets Surge After Historic Payroll Revisions

📉 Weak U.S. Jobs Data Fuels Fed Cut Bets; Gold Soars to Record $3,600 • Jobs Shock: August NFP just +22K (vs. +75K est.), with job losses in manufacturing and government. Unemployment rose to 4.3%, participation slipped to 62.2%. •...

📊 S&P 500 Surges on Weak Jobs Data, Fed Cut Bets Firm • Equities: S&P 500 closed at a record 6,502 (+0.8% Dow, +1.0% Nasdaq, +1.3% Russell 2000). Weak ADP payrolls reinforced September Fed cut expectations. • Labor Market: Challenger...

Alphabet Antitrust Ruling Lifts Nasdaq; Gold Hits Record High • Equities: Nasdaq +218 to 21,498 as Alphabet surged +9% on favorable antitrust ruling. S&P 500 +0.5% (6,448), Dow –0.1% (45,271). Energy lagged (–2.3%) as oil slipped. • Fed & Data:...

📉 Equities Slide on Tariff Ruling; Oil Hits 4-Week High • Markets: S&P 500 –0.7% (6,460), Nasdaq –0.8% (21,456), Dow –0.6% (45,545). Tariffs ruled illegal by U.S. Court of Appeals, but levies remain until Oct. 14 pending SCOTUS appeal. •...

📉 Stocks End August Lower as Tech, Semis Weigh • Equities: S&P 500 –0.4% (6,460.26), Dow –0.2% (45,544.88), Nasdaq –0.2% (21,455.55). Tech/semi weakness led declines — NVIDIA –3.3%, Dell –8.9%, Marvell –18.6%. • Macro & Fed: Core PCE +0.3% MoM...

📈 U.S. Stocks Close Higher; S&P 500 and Dow Hit Records, Nasdaq Nears All-Time High • Equities: S&P 500 +0.32% to 6,501.86 (record), Dow +0.16% to 45,636.90 (record), Nasdaq +0.53% to 21,705.16 — just 8pts from all-time high. Nvidia –0.81%...