In this week’s Weekly Market Review in partnership with the Securities Investors Association Singapore (SIAS), we discuss the continued rally in global markets as the S&P 500, NASDAQ and Dow Jones all reached fresh record highs amid easing oil prices and declining bond yields. We also look at the strong earnings performance of SATS, the growing contribution of wealth management to Singapore banks, and the technical outlook for the STI and major US indices.
Watch the video to learn more about what we are looking out for this week. Weekly Market Review 1:23 - Macro Update US markets continued their rally last week, with the S&P 500 reaching a fresh record high of around 7,580 while the NASDAQ gained 2.4%, supported by continued optimism around AI-related technology stocks.Sentiment improved following progress towards a ceasefire between the US and Iran, raising hopes of a broader resolution...What happened?