Traders Edge – Friday 18th October

Wall Street advanced on Thursday as investor sentiment was buoyed by a string of corporate earnings results and encouraging geopolitical developments. A broad-based rally led all three major US stock averages to moderate gains. Britain and the European Union agreed to...

Traders Edge – Tuesday 15th October

Wall Street edged lower on Monday as uncertainties following recent US-China trade negotiations clouded sentiment and investors turned their focus on the third-quarter earnings season, which begins in earnest on Tuesday. All three major US stock averages closed in the...

Traders Edge – Monday 14th October

US stocks have closed more than one per cent higher, but well off the day’s highs after the announcement of a partial trade deal between the US and China. Indexes cut their gains late in the session as the deal was announced amid worries over potential glitches...

Traders Edge – Tuesday 8th October

US stocks eased on Monday as reports on the US-China trade front kept investors cautious ahead of scheduled talks later in the week. A report that Beijing was increasingly reluctant to agree to a broad trade deal pursued by President Donald Trump weighed on sentiment...

Traders Edge – Friday 4th October

Wall Street stocks climbed on Thursday after data showing US services-sector activity at a three-year low fuelled expectations that the Federal Reserve would cut interest rates to stem a wider economic downturn. Microsoft rose 1.2 per cent and Facebook added 2.7 per...