Traders Edge – Wednesday 19th June

Wall Street has surged and the S&P 500 approached a record high after Washington rekindled trade talks with Beijing, boosting sentiment along with growing investor confidence that the Fed will cut interest rates this year. US President Donald Trump on Tuesday said...

Traders Edge – Tuesday 18th June

Wall Street edged higher, supported by Facebook, Amazon and Apple, as investors await a key Federal Reserve meeting that is expected to lay the groundwork for an interest rate cut later this year. The US central bank is expected to leave borrowing costs unchanged at...

Traders Edge – Monday 17th June

US stocks ended lower on Friday, as investors cautiously await this week’s Federal Reserve meeting on 18-19 June – a warning from chipmaker Broadcom on weakening global demand also weighed. Broadcom shares fell 5.6 per cent after management cut its...

Traders Edge – Friday 14th June

US stocks rose after two days of declines, with the S&P energy index rising the most among the 11 major S&P sectors. Suspected attacks on two tankers off the coast of Iran have seen oil markets erupt out of their recent slump and kept traders gobbling up...

Traders Edge – Wednesday 12th June

US stocks ended near flat and the Dow has snapped a six-day winning streak, as investors paused following a run of gains and fresh worries emerged over the US trade war with China. President Donald Trump said on Tuesday he was holding up a trade deal with China and...

Traders Edge – Tuesday 11th June

US stocks have extended their recent climb, with the Dow reaching its longest daily winning streak in 13 months after the US dropped plans to impose tariffs on Mexican goods, and a couple of multibillion-dollar deals boosted the market. Mexico on Friday agreed to step...

Traders Edge – Friday 7th June

Wall Street’s main indexes have closed higher after a choppy session as investors grew more optimistic on trade after reports that the US is considering a delay in imposing tariffs on Mexican imports. The market added to gains on Thursday after a Bloomberg...

Traders Edge – Thursday 6th June

Wall Street’s major indexes have risen as investors bet on a Federal Reserve interest rate cut in the wake of weak private sector jobs data, and hopes grew that the US and Mexico would reach an agreement to avoid US tariffs on Mexican goods. The gains extended...