Prime Research Daily

US markets rose as strong SpaceX results lifted tech sentiment, while mixed earnings from major firms drove volatility in futures. Bond yields were steady ahead of the Fed meeting, and crude hovered near $110 amid heightened Middle East tensions. Asian markets weakened. In India, Nifty slipped but closed above key support at 22,800; support lies […]

US markets were mixed as investors rotated from tech into industrials while monitoring U.S.–Iran developments. Bond yields eased on weak housing data, and oil stayed volatile near $110 on supply‑risk headlines. Asian markets firmed on improving sentiment. In India, Nifty fell on profit‑taking but retains a bullish setup, with support at 22,800 and resistance at […]

US stocks recovered from steep intraday losses as sector leaders eased concerns around AI‑related financial strains, helping major indexes stabilise. The Dow outperformed on defensive rotation, while tech and semiconductors stayed weak. Bond yields fell sharply as investors sought safety. The rupee strengthened again, and Nifty’s breakout above 22,776 signals improving momentum, with support at […]

US equities fell after hotter CPI reinforced the risk of another Fed hike, pressuring tech and semiconductor stocks. Yields jumped, oil stayed elevated on geopolitical tensions, and Asian markets slid sharply. The rupee strengthened on RBI support. Nifty eased on profit booking; reclaiming 22,776 is key for renewed upside, with resistance at 23,100 – 23,150 […]

US markets were mixed as early earnings disappointed, semiconductor stocks extended losses on rising global competition, and energy prices stayed elevated amid geopolitical tensions. Bond yields eased ahead of key CPI data. In India, Nifty reversed sharply on expectations of tax relief and improving sentiment. Strength in the rupee and a breakout above short‑term averages […]

U.S. equities weakened as AI and semiconductor stocks sold off after OpenAI’s reported $50B annualised revenue, well below expectations, stoking doubts over debt‑funded AI infrastructure demand. The Nasdaq fell 1.25%, the S&P 500 0.47%, while the Dow eked out a small gain. Crude rose above $103 amid fresh tanker attacks and U.S. output disruptions, keeping […]

U.S. equities were mixed as mega‑cap tech strength helped the Nasdaq close at a record 27,477 (+1.05%), while the S&P 500 rose 0.66% and the Dow added 0.18%. Nvidia hit an all‑time high ahead of earnings season, but elevated long‑term yields (10‑yr near 5.31%) continued to pressure non‑AI sectors. A soft September payrolls print (29k […]

U.S. equities ended the final session of September mixed as late buying in mega‑cap tech offset weakness in broader markets. The Nasdaq closed higher, while the S&P 500 and Dow slipped. August PCE eased to 3.4% YoY and core PCE to 3.0%, below expectations, while Q2 GDP was revised up to 2.2%, providing some relief […]

U.S. equities ended slightly lower for a second straight session as surging long‑duration Treasury yields continued to pressure valuations. The 10‑year hit ~5.25% and the 30‑year climbed above 5.6%, their highest levels since 2007-2002, keeping growth and AI stocks volatile after concerns around an Anthropic IPO leak and OpenAI model delays. Brent eased to $96/bbl […]

U.S. equities fell sharply as AI and memory‑chip stocks led declines, with investors reacting to surging Treasury yields and higher crude. The Nasdaq dropped 1.1%, the S&P 500 0.8%, and the Dow 0.7%, snapping last week’s strength. A sector‑wide selloff followed OpenAI’s decision to pause advanced‑model training, though Nvidia bucked weakness on expanded buybacks. Crude […]