What happened?
In this week's Weekly Market Review in partnership with Securities Investors Association Singapore (SIAS), we discuss the fresh all-time highs in US markets, the impact of stronger bank earnings in Singapore, and the latest updates on
DBS and
Mapletree Industrial Trust. Watch the video to learn more about what we are looking out for this week.
Weekly Market Review
1:16 - Macro Update
US markets continued to rally last week, with the S&P 500 rising 1.0% to a new high of 7,230, while the NASDAQ gained 1.1% and also reached a fresh all-time high, supported by strong earnings from major technology companies.The rally in US equities was driven mainly by upbeat results from names such as Alphabet, which helped offset concerns about geopolitical tensions and interest rates.Oil prices painted a less positive picture, rising to the highest level since 2020 as there was still no...