SPX/USD — Tech Rotation Weighs as Broader Trend Holds Key Highlights• S&P 500 pulls back amid tech-sector rotation• AI stocks pressured after weak earnings guidance• Cyclicals and Dow show relative strength• Markets still expect multiple Fed cuts in 2026 Market OverviewUS equities remain in a rotation phase rather than a broad selloff. While the Dow […]
S&P 500 — Index Approaches 7,000 Amid Rotation Trade Key Highlights • Dow hits fresh record; S&P holds above 6,900• Tech stocks pressured by AI-spending concerns• Market rotation favors cyclicals and small caps Market Overview Equities held their gains as investors digested the Fed’s dovish tone and sector rotation continued. AI-related names lagged following Oracle’s
EUR/USD — Euro Extends Post-Fed Momentum Toward 1.18 Key Highlights • Fed dovish tone keeps USD pinned near multi-week lows• US jobless claims jump, reinforcing labor-market concerns• Market now pricing deeper 2026 easing than Fed’s own projections Market Overview EUR/USD climbed toward 1.1750 as the dollar struggled to recover from Wednesday’s sharp selloff. Weak US
S&P 500 — Bulls Target New Highs Key Highlights Market Overview The S&P 500 climbed to 6,887.70, fueled by a strong post-Fed rally. The combination of a rate cut, dovish forward guidance, and T-bill purchase plans triggered broad buying across equities. Markets downplayed the limited easing projected in the Fed’s dot plot, instead focusing on
EUR/USD — Breakout Revives Bullish Bias Key Highlights Market Overview EUR/USD surged to 1.1698 on Wednesday after the Fed delivered a decisively dovish policy message despite a divided vote. While the 25 bps cut was fully priced in, the market reacted strongly to Powell’s explicit rejection of future rate hikes and his emphasis on labor
S&P 500 — Holding Range Before Powell Key Highlights Market Overview The S&P 500 closed nearly unchanged at 6,849.37, reflecting a market unwilling to commit ahead of the Fed’s final 2025 decision. Futures pricing shows near-certainty of a rate cut, but asset managers are focused on the 2026 dot plot and Powell’s forward guidance. Small
EUR/USD — Consolidates Ahead of Fed Outcome Key Highlights Market Overview EUR/USD slipped toward 1.1625 on Tuesday as the Dollar regained momentum ahead of the final FOMC meeting of the year. Stronger-than-expected ADP private payrolls and JOLTS job openings reinforced confidence in the US labor market, lifting Treasury yields and pushing the US Dollar Index
S&P 500 — Market Pauses Ahead of PCE Key Highlights Market Overview The S&P 500 posted modest gains Thursday as investors adopted a cautious tone ahead of today’s high-impact PCE inflation release. Despite mixed labor signals — job cuts rising while claims drop sharply — markets remain confident in next week’s rate cut. Sector performance
EUR/USD — Pullback Before PCE as Dollar Stabilizes Key Highlights Market Overview EUR/USD eased on Thursday after touching fresh two-month highs above 1.1680, as the US Dollar stabilized following weeks of relentless selling. The pullback appears technical, driven by profit-taking ahead of today’s critical US PCE inflation report — a key input for the December
S&P 500 (SPX/USD) — Index Approaches 7,000 as Fed Cut Bets Increase Key Highlights Market Overview US equities advanced on Wednesday as weak ADP jobs data strengthened expectations for a Fed rate cut at next week’s meeting. The market continues to interpret bad news as good news, given the macro environment. Financial stocks outperformed, while
