In a trading day characterised by cautious anticipation and nuanced market reactions, the S&P 500 displayed remarkable stability, closing nearly flat. This subdued closure follows Moody’s recent revision of the U.S. outlook and comes on the eve of a highly anticipated inflation data release.

Last week’s financial markets have been a theatre of contrasting scenarios. The Dow Jones Industrial Average has shown remarkable resilience with a significant rally, while Saudi Arabia ETFs have faced unprecedented outflows.

The tranquillity in the financial markets was disrupted as the S&P 500’s impressive eight-day ascent came to an abrupt halt, signalling investor unease.

In a testament to its enduring resilience, the S&P 500 index carved out an eighth straight day of gains, despite a modest uptick, while the Nasdaq Composite marginally retreated by 0.1%, and the Dow Jones Industrial Average edged down by 0.2%, shedding 80 points.

In a robust extension of recent market advances, the S&P 500 and Nasdaq Composite climbed higher on Tuesday, marking their most prolonged series of gains since November 2021 and reinforcing the upward momentum established in November’s rally.

In a display of resilience, the Nasdaq Composite rose steadily by 0.3%, achieving its longest consecutive rally since the beginnings of the year. The technology-heavy index, bolstered by a sector-wide optimism, not only reflects investor confidence but also the market’s adept navigation through economic headwinds.

The financial markets have come alive with a sense of renewed vigour as signs from the Federal Reserve suggest a possible cessation to the aggressive rate hikes of the past months.

Wall Street’s main indexes concluded an impressive session with considerable gains, inspired by investor confidence that the U.S. Federal Reserve might be concluding its rate-hiking cycle.

US equities delivered a remarkable performance yesterday, with the S&P CFD making a strong comeback by reclaiming the 200-day moving average. It also retested crucial trend lines and horizontal resistance levels near the 4330 mark.

Treasury yields continue to slide lower following yesterday’s quarterly refunding announcement and the Federal Open Market Committee (FOMC) decision, creating a favorable environment for bond investors.

Gold is currently at a critical support level, with XAUDUSD attempting to break below the 1980 level. The recent decline in both gold and oil prices suggests a gradual unwinding of the risk premium associated with geopolitical tensions.

US Treasury yields pulled back in response to the announcement of lower-than-expected bond issuance for the fourth quarter. This development sparked positive risk sentiment and led to a bid in bonds, resulting in a decrease in bond yields.