US Wall Street Archives - The Industry Spread

Wall Street to Open Soft as Reports Hint at Lack of Progress in Trade Talks

October 11, 2019

US Wall Street closed on a positive note yesterday as trade talks between China and US began in Washington. However, reports stating that no-progress were made on first day trade talks caused investor sentiment in the global market to turn sour resulting in Asian and European markets seeing mixed price action in stock market.

Equities Mixed as Chinese Cues Dictate Directional Bias, US Futures Green on Rate Cut Hopes

June 14, 2019

Global equity market is seeing mixed price action in the global market today. Lack of progress in Sino-U.S. trade talks, increasing awareness that trade deal between two parties is unlikely in the upcoming g20 summit and headlines on massive street protests act as factors which provide the market with bearish cues. This has resulted in investor sentiment remaining divided in the global market. Further, the reduction in 2019 global crude oil demand growth forecast by OPEC also hurt risk appetite.

Market Bleeds on Profit Booking Activity, US Retail Sales & Flash PMI’s Eyed for Trading Cues

April 19, 2019

Global market is seeing both equity and forex markets bleed in red on profit booking activity ahead of Easter weekend. US Wall Street last night ended on a dovish note as declines in healthcare shares outweighed positive influence from the positive US & Chinese macro data and chip sector gains on Apple-Qualcomm deal. Dovish cues from Wall Street put significant bearish pressure in Asian markets, and this was further aggravated by profit booking activities in all major risk assets and benchmark index futures.