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The latest market updates are brought to you by Investment Managers & Analysts at Wealth at Work Limited which is a member of the Wealth at Work group of companies.
Week ending 19th January 2024.
22nd January 2024
US stocks closed the week higher, with the S&P 500 reaching a record high for the first time in two years, fuelled by a rally in chipmakers and other tech stocks. Booming demand for high-end chips, as noted by Taiwan Semiconductor Manufacturing Company, contributed to the chipmaker stocks' rise.
Week ending 12th January 2024.
15th January 2024
Despite a slight uptick in the headline rate of inflation in December 2023, US markets closed higher this week.
Week ending 5th January 2024.
8th January 2024
It was a quiet and short trading week for markets after the New year holiday. Data was thin on the ground, but we did get some insight into the US labour market alongside the latest inflation data across the eurozone and Ireland.
Week ending 29th December 2023.
2nd January 2024
With traders returning from an extended Christmas break and only a few days remaining in the year, markets extended their "Santa Rally" during the final trading days of 2023.
Week ending 15th December 2023.
18th December 2023
It has been a busy week for markets marked by pivotal central bank decisions that have significantly shaped investor sentiment and influenced global economic outlooks.
Week ending 8th December 2023.
11th December 2023
Markets ended the week mainly with gains. In the Eurozone, GDP for Q3 contracted 0.1% - the first fall of its kind since Q4 of 2022.