Eurozone inflation fell much further than expected in October, leaving the headline HICP rate within touching distance of the ECB’s 2% target. While policymakers have continued to push back against talk of rate cuts, the questions will be impossible to ignore now with markets pricing in one in April and at least four in total […]
Sep 04, 2024
Nasdaq 100: Torpedoed by Nvidia and May See Further Weakness
Major US bench stock indices (S&P 500, Nasdaq 100, Dow Jones Industrial Average & Russell 2000) started the month of September on a weak footing. The Nasdaq 100 was the worst performer (-3.15%) on Tuesday, 3 September dragged down by the higher-beta technology sector (Nvidia & other semiconductor stocks) Recent weak performance of Nvidia (ex-post […]
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