Tag: Nasdaq-100

(9 April 2023) US stocks ended the week modestly lower as weak employment data clouded rate hike expectations.  The S&P 500 finished fractionally lower at 4105 while the Nasdaq-100 lost one percent on the week to 13,062.  This bearish outcome was generally in keeping with our forecast, even if declines turned out to be fairly tame.  The bulk of the midweek downside coincided with the bearish alignment of Mercury, Rahu and Saturn. The battle of wills continues between the market and the Fed.   Investors remain hopeful for rate cuts to...