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Macroeconomic/ geopolitical developments US equity markets sold off as renewed concerns over AI spending and Chinese competition pushed technology stocks lower, with the Nasdaq falling 2.90%, the S&P 500 declining 1.55% and the Dow Jones Industrial Average dropping 0.70%. Energy stocks bucked the broader trend as oil prices surged amid rising Middle East tensions, while renewed scrutiny of AI valuations weighed on semiconductor shares.

Macroeconomic/ geopolitical developments US equity markets ended a volatile week mostly higher, with the Nasdaq gaining 1.74% and the S&P 500 rising 1.23%, while the Dow Jones Industrial Average fell 0.50% and the Russell 2000 declined 0.61% as investors favoured large technology stocks.

Macroeconomic/ geopolitical developments US equities rebounded during the holiday shortened week, with the Dow Jones Industrial Average rising 1.97%, the Nasdaq gaining 2.12% and the S&P 500 advancing 1.76%, as weaker than expected employment data eased concerns over further Federal Reserve tightening. Investors now look ahead to the start of the second quarter earnings season and the release of the Federal Minutes.

Macroeconomic/ geopolitical developments US equities ended the week mixed as technology and AI related stocks came under pressure, with the S&P 500 falling 1.95% and the Nasdaq declining 4.60%, while the Dow Jones Industrial Average gained 0.60%. Concerns over AI valuations and technology sector pricing weighed on sentiment, although gains in defensive sectors and lower Treasury yields helped cushion broader market weakness.

Macroeconomic/ geopolitical developments US equities fell sharply as stronger than expected economic data and rising Treasury yields increased concerns that interest rates could remain elevated for longer, with the S&P 500 down 2.59%, the Nasdaq Composite down 4.68%, and the Dow Jones Industrial Average down 0.32% for the week.

● US equities continued their rally last week, with the S&P 500 rising 1.8%, the Nasdaq gaining 2.6% and the Dow Jones Industrial Average adding 1.5%, as lower bond yields, easing oil prices and ongoing AI optimism helped drive major indices to fresh record highs. Technology stocks led the advance, while hopes of progress in US-Iran negotiations supported sentiment and contributed to a sharp decline in oil prices.

Macroeconomic/ geopolitical developments US equities retreated from record highs on Friday as rising Treasury yields, persistent inflation concerns and geopolitical uncertainty weighed on sentiment, erasing much of the week’s earlier gains. Despite the late sell-off, the S&P 500 still rose 0.1% for the week, while the Nasdaq fell 0.1% and the Dow Jones Industrial Average declined 0.2%, with strength in energy stocks partially offsetting weakness in growth sectors.

Macroeconomic/ geopolitical developments US equities extended their rally last week, with the S&P 500 rising 0.91%, the Nasdaq gaining 1.12% and the Dow Jones Industrial Average adding 0.5%, as the S&P 500 and Nasdaq both closed at fresh record highs. Energy and communication services led sector gains amid higher oil prices, while resilient earnings helped offset concerns around rising Treasury yields and geopolitical uncertainty.

Macroeconomic/ geopolitical developments US equities advanced again last week, with the S&P 500 rising 0.55% and the Nasdaq Composite gaining 1.50% to fresh record closes, while the Dow Jones Industrial Average slipped 0.4% and remains just below its prior peak. Strength in technology and energy shares, alongside easing geopolitical worries and steady economic data, helped sustain the positive market tone.

Macroeconomic/ geopolitical developments US equities fell to seven-month lows, with the S&P 500 down 2.1%, the Nasdaq dropping 3.2%, and the Dow Jones Industrial Average slipping 0.9% for the week, as rising oil prices and Middle East tensions fuelled stagflation fears and weakened risk appetite. A rotation into energy and materials alongside higher bond yields and firm commodity prices added further pressure to equities, reinforcing a shift toward defensive positioning.