Markets Higher With Small Caps Leading
From Nasdaq:
Markets and Macro Summary: Equities climbed, gold and oil both rose, while T-Yields and the dollar declined. Notable profit ups and downs at JPM Chase, Bank of America, Citigroup, and Wells Fargo. Uranium surged and markets showed a sustainable growth potential. Noteworthy stories include market volatility, a possible hard landing in the economy, a cooling job market, and the focus on next week’s political events, with Taiwanese elections and the World Economic Forum. Key focus on earnings and upcoming developments in the US and China.
ESG Investments Summary: Hedge funds are increasingly integrating sustainability into their investment strategies, and a subset is dedicating sustainable investment deployment. ESG fund flows lagged previous years, but performance improved.
Market, Macro, and Corporate News Summary: The Rexall pharmacy chain is being sold and CVS is closing some pharmacies. EU investigators are inspecting Chinese EV companies. Tesla shares fell due to price cuts in China and a German plant shutdown. Airbus saw record sales amid surging jet demand while JSW Energy is finalizing investors for its subsidiary. Oil and energy headlines covering global trade and oil price outlooks.
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