Global Markets Rise
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US inflation data lifts global equities
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MSCI's global equities index lost ground on Monday on the latest uncertainty around tariffs while oil prices fell on the prospect of production increases and U.S. bond yields rose.
FTSE 100 futures are up 0.4%, lagging behind bigger moves higher for Europe and the US on optimism about trade progress between the US and China. The pound is down 0.2%, back below $1.33, though that’s down to a degree of dollar strength.
US STOCKS are on a tear. The S&P 500 has risen for nine consecutive days – the first time it has done so in nearly 21 years – rebounding by 14 per cent from the recent low. It was also the best nine-day winning streak in percentage gains in history.
Adding fuel to the fire, the U.S. Dollar Index collapsed below the key 100 level last week, hitting its lowest level since April 2022. That may sound like a win for exports or gold, but when paired with rising yields and falling bond prices, it’s a signal that global capital may be exiting U.S. assets altogether.
By the closing bell, the blue-chip Dow Jones Industrial Average was up 0.7% to 41,113, the broad-based S&P 500 had risen 0.4% to 5,631, while the tech-heavy Nasdaq Composite was higher by 0.3% to 17,738.
Indian stock markets fell sharply on Friday as tensions with Pakistan intensified following Operation Sindoor, shaking investor sentiment. The Sensex dropped 880 points to 79,454, while the Nifty held just above 24,000. Broader indices also declined, and volatility surged amid escalating geopolitical uncertainty.
According to data compiled by S&P Global Market Intelligence, Centrus Energy (NYSEMKT: LEU) stock was having quite the run with an almost 21% price rise week to date as of early Friday morning. Investors clearly liked what they saw of the nuclear fuel and services supplier's latest set of quarterly earnings,
US stocks surged to close near the highs of the session on Monday after a US-China deal to temporarily slash reciprocal tariffs offered relief to markets worried about a trade war. Wall Street notched a banner day after the US and China put tariffs on pause for 90 days,