The Nasdaq 100 Index is under pressure due to ongoing inflation concerns, a potentially more aggressive Federal Reserve, and high valuations in growth and AI-related semiconductor stocks. Key technical support levels have been broken, suggesting further downside risk. The analyst recommends selling and underweighting high-duration equities while holding cash for potential buying opportunities if the market declines further and interest rates stabilize.
The US economy added 172,000 jobs in May, more than double the expected 80,000-85,000, causing a sharp market reaction. The Nasdaq fell over 4%, the S&P 500 dropped 2.6%, and Bitcoin slid below $62,000 as investors priced in a higher chance of Federa...
The head of the International Air Transport Association (IATA) warned that soaring jet fuel prices driven by the Iran war could push more budget airlines to bankruptcy or acquisition this year. Budget carriers are hit hardest due to their lack of hig...
Young investors in Southeast Asia are rapidly transforming the region's financial markets by embracing digital trading platforms and alternative assets like cryptocurrencies. This demographic shift is fueled by rising disposable incomes, increased fi...
Investors recently rotated their focus from Nvidia to sectors like networking, optics, servers, software, and infrastructure. However, rising U.S. Treasury yields driven by strong economic data and escalating U.S.-Iran tensions pushed crude oil price...
US stock markets fell last week despite record highs, with tech and semiconductor shares dropping sharply after a strong May jobs report raised concerns about prolonged Federal Reserve rate hikes. The Nasdaq fell 4.68%, and semiconductor ETFs saw the...
