The U.S. equity market clambered up last week as the Fed raised interest rates for the second time in three months. However, the exuberance fizzled out as a token rate hike was already factored into the decision making. As investors employ a wait-and-see approach in a classic example of “backing and filling” in the market,… Read More »
The Industrial Products sector, is currently positively placed at 3 out of a total 16 sectors we cover (top 19%). Last year, the industrial machinery sector was one of the most adversely impacted industries in the U.S, reeling from the uncertainties in the global arena. This scenario can primarily be attributed to weak commodity prices,… Read More »
(RTTNews.com) – The Swiss stock market ended Friday’s session with a small loss and ended the overall trading week in negative territory. Investors were reluctant to make any major moves ahead of a crucial vote on U.S. healthcare reform. The vote was expected to take place Thursday evening, but House Republican leaders delayed… Read More »