Traders Edge – Tuesday 30th April

The S&P 500 set an intraday record high on Monday, bolstering the view that the decade-long bull market has further to run, after consumer spending rose in March and inflation data was benign. The benchmark index topped its intraday record of 2,940.91 hit on 21...

Traders Edge – Monday 29th April

A surprisingly strong report card on the US economy has helped power the benchmark S&P 500 and Nasdaq Composite indexes to record high closes, capping a week of gains for stocks that came largely on the back of resilient corporate profits. While Intel Corp was the...

Traders Edge – Friday 26th April

The S&P 500 closed just barely lower on Thursday, as a dive in industrial stocks and concerns about slowing global growth eclipsed gains in Facebook and Microsoft. The industrials sector fell 1.99 per cent with hefty drags from 3M, United Parcel Service and...