First Light News—Friday 31 March
- Market News, Recent Posts, Trending Now
- March 31, 2023
The FP Markets research team produce First Light News during the early hours of the European session, ensuring traders and investors have the news needed to begin their day. Good morning. Major US equity indices were largely positive on Thursday, bolstered by continued strength out of the tech sector (+1.2%). The Dow added 141 points
READ MOREThe FP Markets research team produce First Light News during the early hours of the European session, ensuring traders and investors have the news needed to begin their day. Good morning. It was a positive close across European and US cash equity indices on Wednesday. S&P 500 sector performance saw defensive stocks take a back
READ MOREThe FP Markets research team produce First Light News during the early hours of the European session, ensuring traders and investors have the news needed to begin their day. Good morning. Tuesday finished modestly south for major US equity cash indices. The Dow fell 37 points (-0.12%) to 32,394, the S&P 500 finished 6 points
READ MOREThe FP Markets research team produce First Light News during the early hours of the European session, ensuring traders and investors have the news needed to begin their day. Good morning. Fears across the banking sector receded on Monday after First Citizens BancShares (FCNCA) announced it would purchase failed Silicon Valley Bank and receive a
READ MOREThe FP Markets research team produce First Light News during the early hours of the European session, ensuring traders and investors have the news needed to begin their day. Good morning. Following the US Federal Reserve (Fed) and the European Central Bank (ECB) tightening policy last week, two major central banks followed suit and hiked
READ MOREThe FP Markets research team produce First Light News during the early hours of the European session, ensuring traders and investors have the news needed to begin their day. Good morning. The US Federal Reserve hiked rates by 25 basis points yesterday, marking its 9th consecutive increase since early 2022. According to the FOMC statement,
READ MOREThe FP Markets research team produce First Light News during the early hours of the European session, ensuring traders and investors have the news needed to begin their day. Good morning. The US equity space ended on the front foot on Tuesday, gaining across the board. The Dow Jones Industrial Average rose 316 points (+0.98%)
READ MOREThe FP Markets research team produce First Light News during the early hours of the European session, ensuring traders and investors have the news needed to begin their day. Good morning. US markets pencilled in gains across the board in the equity space on Monday amidst hopes of easing concerns in the banking sector.
READ MOREThe FP Markets research team produce First Light News during the early hours of the European session, ensuring traders and investors have the news needed to begin their day. Thursday’s Highlights Good morning. It was a positive session for the US equity space on Thursday. Major US equity indices staged an impressive rebound on the
READ MOREThe FP Markets research team produce First Light News during the early hours of the European session, ensuring traders and investors have the news needed to begin their day. Wednesday’s Highlights Good morning. US equity markets concluded Wednesday mixed after earlier losses were pared during the afternoon session. The Dow Jones Industrial Average and the
READ MOREThe FP Markets research team produce First Light News during the early hours of the European session, ensuring traders and investors have the news needed to begin their day. Tuesday’s Highlights Good morning. Conditions in the financial markets have begun to settle following the US banking failures. Share prices in Silicon Valley Bank—a bank that
READ MOREThe FP Markets research team produce First Light News during the early hours of the European session, ensuring traders and investors have the news needed to begin their day. Last Week’s Highlights Good morning. Headline risk events last week were centred on US and UK inflation data, along with Fed commentary and Aussie employment figures.
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