The US stock market’s volatile run in 2020 has left most corners of the equity market with deep losses or mostly flat results this year — with one glaring exception: technology. Year to date, the tech sector is enjoying a solid gain – a conspicuous outlier so far in 2020, based on a set of exchange traded funds.
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Daily Archives: May 29, 2020
Macro Briefing | 29 May 2020
House sends China sanctions bill to Trump: CNBC
Civil unrest roils Minneapolis: Reuters
What will Trump announce in today’s press conference today on China? CNBC
US charges two-dozen-plus N. Korean bankers with money laundering: CNN
What happens when the unemployment checks run out? NY Times
US Q1 GDP loss revised down to -5%: CNN
Durable goods orders in US fell sharply for a second month in April: BBG
Pending home sales fell to the lowest level on record in April: BBG
KC Fed Mfg Index continued to decline in May but at slower rate: KCF
US jobless claims continue to surge–up 2.1 million last week: CNBC
