Global Market Pulse

Global stocks rose on Friday as AI-related chip enthusiasm lifted Asian markets and kept Wall Street steady.

• Largest equity inflows in three weeks:...

Markets showed resilience drifting to a quiet finish after Iran war worries, with the S&P 500 on track for its fourth winning week in five and oil prices easing below their peak.

Index Performance

• 🔥 S&P 500 Momentum: The S&P 500 is at 7504 and has lost its upward momentum.
• Emerging Markets Outperformance: EEM has...

Emerging markets are quietly diverging from U.S. equities, with EEM up 51% over two years versus the S&P 500's 35% gain. This suggests capital is...

DeepSeek's development of its own inference-focused AI chip highlights a broader shift toward custom silicon that could erode Nvidia's pricing power...

Market Highlights

• 🔥 Dow Falls on Ceasefire News: The Dow Jones Industrial Average sank 1.1% Wednesday as major indexes fell after President...

Wilmington Trust strategists are moving to an overweight equity position after first-half events including the Iran War, new Fed leadership, and...

• Apple within 5% of Nvidia as world's largest company by market cap
• Oracle has fallen on 20 of the past 25 trading days
• Alibaba rallies 10% as China stocks draw investor attention
• 60% of tech stocks now sit in bear market territory

Geopolitical flare-up in the Strait of Hormuz is lifting oil while pressuring equities and specific sectors.

• Oil prices climbed more than 5%, with...

Major Index Moves

• Indexes Pull Back: Major indexes declined Tuesday with Nasdaq down 0.7-1%, S&P 500 down 0.3%, and Dow flat to down 0.3% after...

Monday saw a sharp rebound in semiconductor names lift Wall Street, with the Nasdaq posting the biggest gains and the Dow closing above 53,000 for the...

The blockbuster SpaceX IPO is driving a surge in equities trading and investment banking fees for major U.S. banks reporting this week.

• Banks earned...

Defensive extremes are unwinding as EEM and XLK reclaim leadership with EEM/SPY surging +1.96% weekly.

Financials extend a three-week rise while...

Berkshire Hathaway closed Q1 2026 with a record $397 billion in cash and short-term Treasuries, as Warren Buffett warns investors have "never" been in...

Global liquidity is levelling off, with short-term support from Fed injections fading as China liquidity weakens, BoJ/ECB QT continues, and the dollar strengthens. Investors stay risk-on but are trimming EM exposure.

Market Snapshot

• 🔥 Indices Surge Post-Holiday: The S&P 500 rose +1.8% to 7,483.24 and the Nasdaq gained +2.1% to 25,832.67 while the Dow crossed...

Euro zone GDP exposure to the US has jumped to 47% from 18% in 2013, leaving the region far more vulnerable to American asset corrections. A...

• Weak June payrolls (+57k vs ~110-115k expected) slashed September rate-hike odds from 67% to 50% and July odds to 17%, shifting bets toward a Fed...

China's hike to 125% tariffs on U.S. goods escalates trade barriers to prohibitive levels, intensifying risk-off sentiment across markets.

• Safe...

OpenAI has proposed transferring 5% equity valued at over $40 billion to the U.S. government at its $852 billion valuation, aiming to share AI profits...