... forecast of 50.2 and edging above March’s 50.8. Any reading above 50 indicates expansion, and April’s figure marks the tenth consecutive month of growth for US services. This resilience in the service economy, which forms the lion’s share of US GDP, suggests fundamental strength persisting despite ongoing external uncertainties. Equity markets greeted the news with cautious optimism. The S&P 500 index extended its recent gains on the back of the upbeat ISM data, as investors took comfort in ...

... close attention to earnings reports to assess the economic landscape and adjust their investment strategies accordingly. Recommendations for Investors: Monitor Economic Indicators: Stay informed about the release of key economic indicators, such as GDP growth rates, unemployment figures, and inflation data. These metrics provide insights into the overall economic environment and can influence market trends. Diversify Portfolios: Diversification can help mitigate risks associated with market volatility....

... sacrificing short-term returns for the sake of capital preservation. This approach may seem conservative amidst a rising market, but it has repeatedly proven effective. Notably, Buffett's market indicator (the ratio of total stock market capitalization to GDP) is currently at one of the highest levels in history — similar to periods preceding previous corrections. This confirms Buffett’s viewpoint on market overheating. From a technical perspective, U.S. markets are currently highly valued relative ...

... a total loss of $1.469 trillion. The biggest losses were incurred by: NVIDIA Corp: $556.4 billion Broadcom Inc: $199.4 billion Taiwan Semiconductor: $165.9 billion Microsoft: $129.2 billion Alphabet: $79.2 billion These losses are comparable to the GDP of Spain, highlighting the scale of the impact. Companies within the technology, AI, and energy sectors suffered the most significant losses due to investor doubts regarding the sustainability of their business models in light of Chinese competition....

... conditions in the manufacturing sector. A rise in ISM above expectations could increase interest in U.S. assets. 18:00 MSK: USA - Factory Orders for October This figure signals prospects for industrial growth. An increase in orders would positively impact GDP expectations. 18:30 MSK: USA - EIA Oil Inventories Inventory data will influence global oil prices. A decrease in inventories typically supports price increases, benefiting Russian oil companies. 21:45 MSK: USA - Speech by Fed Chair Powell Markets ...