Research

U.S. markets: Time to expand your shopping bag or is there a bubble waiting to burst?

The U.S. markets staged a stellar rebound in 2020, pulling back sharply from the low levels they hit in March to make it one of the quickest recoveries in stock market history. The S&P 500 gained 16.5% for the year that was marred by the U.S.-China trade war, the COVID-19 pandemic and the U.S. presidential election.  While some of these risks could still prevail in 2021, worries about an overvaluation
Trending

WhatsApp Privacy Concern “Signals” New Era

Less than 15 days into the new year and stay-at-home saviours — social media and messaging apps — have been at the centre of a major global controversy. The developments around both the mediums have made people criticise the incumbent companies in these ecosystems and, in some cases, divided its user base. It began with Twitter (TWTR), Facebook (FB), Instagram, and Snap (SNAP) suspending U.S. President Donald Trump’s accounts for inciting violence,
Market Blog

Wall Street Begins 2021 on a Stimulus Induced High

Markets kicked off 2021 on a strong note, with Wall Street’s main indexes closing the week at a record high on news around stimulus. The week began with Senate runoffs in Georgia being won by Democrats, giving the party control of the chamber and set the stage for more stimulus and public spending to boost the domestic economy. Following a disappointing jobs report during the week, President-elect Joe Biden on
Investing

Are retail stocks set to regain their mojo in 2021?

Retailers in the United States, especially those from the brick and mortar segment, witnessed a tough 2020, laden with massive losses, job cuts, and a plunge in consumer spending. Businesses were either forced to shut shops or file for bankruptcies. According to S&P Global, there were more than three dozen retail bankruptcies in 2020 — a 11-year high, while Coresight Research pegs retail store closures at more than 8,400. The numbers
Market Blog

Markets Close on an Optimistic Note as 2020 comes to an End

In a year when the COVID-19 pandemic infected and killed millions of people globally, with the United States recording the highest number of coronavirus cases, stock markets wrapped up 2020 on an extremely upbeat note. The Dow Jones (DJI) and the S&P 500 (GSPC) closed at record highs on December 31, 2020, and clocked gains of 7.2% and 16.3%, respectively. The tech-heavy Nasdaq (IXIC) wrapped up the year with a
Research

Beyond The Pandemic: Outlook For U.S. Markets In 2021

As the year nears its end, it comes as no surprise that the coronavirus crisis will remain the main focus for stock markets in 2021. How are the U.S. markets placed to perform in the coming year? What are the factors or sectors to watch out for? What are the risks involved? Here, we would cover a broad range of topics that include:  How markets have remained resilient in 2020
Market Blog

Wall Street Records a Strong Week as Stimulus takes Shape

Stock markets in the United States had a good week, with Wall Street’s major indexes recording gains for the week ended on December 18, 2020. The Dow (DJI) was up 0.4%, while the S&P 500 (GSPC) and the Nasdaq (IXIC) rose 1.3% and 3.1%, respectively. Developments around a U.S. stimulus package had kept investors guessing throughout the period, while the inclusion of Tesla (TSLA) in the S&P 500 from December
Investing

Tech-tonic Shift: Is Cloud Computing The Next Big Theme?

Technology shares have witnessed a phenomenal year, with Facebook (FB), Amazon (AMZN), Apple (AAPL), Netflix (NFLX) and Google [Alphabet] (GOOG) — or FAANG stocks — being an investor’s delight, as the coronavirus boosted remote working and rapid digital adoption while forcing people to stay indoors and scout for entertainment content online. Not just for this year, FAANG stocks have been major wealth creators for investors. In about ten years, they
Market Blog

Wall Street records first Weekly Decline in 3 weeks

Equity markets in the United States wrapped the week on a negative note, with the Dow (DJI) and S&P 500 (GSPC) recording their first weekly decline in three weeks, and the Nasdaq (IXIC) shedding about 0.7 percent for the week. The period was marred by uncertainty around a coronavirus relief deal, amid disagreements over several aspects of the bill among lawmakers. Aftermarket hours on Friday and well into the weekend,
Investing

Vaccine Release Increases Optimism For Battered Sectors

While the novel coronavirus continues its rapid spread in the United States, stock markets have sharply recovered from their historic lows hit earlier this year, thanks largely to the economic stimulus measures and rising hopes of a vaccine. The upbeat momentum received an additional boost in early-November when major vaccine makers such as Pfizer (PFE), Moderna (MRNA) and AstraZeneca (AZN) reported strong results from the trials of their COVID-19 vaccine