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Opt in Verified and Highly Responsive Hospital CEO Email List

Posted by Tom Harris on September 24, 2024 at 5:49am 0 Comments

Boost your brand visibility with our opt-in verified Hospital CEO Email List, granting marketers direct access to influential healthcare decision-makers. This powerful resource opens doors for partnership proposals and positions your products or services as solutions that meet hospital goals. With this targeted list, marketers can craft personalized messages for Hospital CEOs, ensuring that new offerings… Continue

SS Flange Manufacturers in India: Experts in Performance and Technology

Posted by Riddhi Siddhi on September 24, 2024 at 5:46am 0 Comments



Riddhi Siddhi Metal Impex has become a prominent player in the stainless steel industry, with SS Flanges Manufacturers in India delivering high-quality products to various industries. SS flanges are widely used in industries including…

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Gang drilling machine manufacturer in Pune India

Posted by Pure Machine Design on September 24, 2024 at 5:37am 0 Comments

Multi spindle drilling head for vertical drilling along with a hydraulic cylinder for Z axis feed.  Single spindle horizontal drilling unit with hydraulic cylinder for X axis feed. Both the drilling operations are done simultaneously using hydraulic actuators for feed with rapid movement before and after drilling and specified feed rate at the time of drilling.For more details you can write to [email protected] or call on +91 75880 70696 or visit here…

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Jigs and fixture designer in Pune India

Posted by Pure Machine Design on September 24, 2024 at 5:36am 0 Comments

Locating and clamping are the critical functions of any work-holder. Fundamental principles of locating and clamping are applied while designing the Fixtures. Fixtures are custom work-holding devices used in many manufacturing operations to secure, support, and locate a work-piece. For more details you can write to [email protected] or call on +91 75880 70696 or visit here https://www.puremachinedesign.com/

Fresh All-Time High May Set Narrative for Q2 Trading

Fresh All-Time High May Set Narrative for Q2 Trading

The S&P 500 put in a fresh record-high close on Thursday after a stronger-than-expected manufacturing report from the Institute of Supply Management (ISM) injected bullish energy into equity markets. US manufacturers, according to the report, are being overrun with heavy demand, indicated by a sharp swing higher in new orders. The benchmark S&P 500 index closed just shy of 4,020 after rising 1.18% on the day.To get more news about WikiFX, you can visit wikifx.com official website.

Technology stocks also rose strongly into the extended US holiday weekend, with the Nasdaq 100 index recording a 1.82% rally. Elsewhere, the small-cap Russell 2000 index gained 1.50%, while the Dow Jones Industrial Average (DJIA) climbed 0.52%. The US Dollar weakened against most major G10 peer currencies.

Thursday marked the end of the trading week for the United States, with stock markets set to reopen on Monday following the Easter holiday. Bond markets, however, will see a shortened trading day on Friday. Speaking of bond markets, Treasuries saw buying across most tenures except the 2-year. The benchmark 10-year yield fell 4.15%.

The US government bond market recorded its worst loss in years, particularly in long-dated Treasuries. The iShares 20+ Year Treasury Bond ETF – composed of bonds with a maturity over 20 years – saw a violent 14.83% decline in the first quarter. The roiled Treasury market will likely remain in focus going forward as investors remain doubtful that the Fed wont prematurely raise rates amid a stimulus-fueled domestic economy that continues to heat up.
The Asia-Pacific session is set to be a bit quieter than usual with closed markets in Australia and New Zealand for the Good Friday holiday. Australia’s ASX 200 gained 0.56% on Thursday to kick off the second quarter. Equity markets across the rest of the APAC region also gained. Market sentiment received a boost after US President Joe Biden outlined his infrastructure plan early Thursday when the US leader called for a $2.25 trillion investment in roads, bridges, airports, and green energy infrastructure.

The Australian Dollar is moving higher on broader Greenback weakness. AUD/USD initially was moving lower on Thursday, threatening to break below a key support level from a Head and Shoulders pattern, but subsequently shifted higher later in the session. The move higher comes despite a worse-than-expected trade report out of Australia that showed weakness in exports.

Friday‘s economic event calendar is void of high- and medium-impact events, according to the DailyFX Economic Calendar. Thailand will see business confidence and unemployment data cross the wires, while India will release its foreign exchange reserves for the week ending March 26. While US markets are closed tomorrow, traders will have a close eye on the highly-anticipated non-farm payrolls report, with the consensus estimate slated to print at 647k, which would nearly double the prior month’s figure.

S&P 500 TECHNICAL OUTLOOK
  The S&P 500s break above the 4,000 level saw prices rise above the upper trendline of a Rising Wedge pattern. While technically a bearish pattern, the break above resistance highlights the underlying strength in US markets. And now, with a full retracement of the last leg lower, the 161.8% Fibonacci retracement shifts into view at the 4,064 level.

Alternatively, a move back into the wedge could be viewed as a bearish development. However, given the broader trend higher, any pullback will likely be transitory. The Relative Strength Index (RSI) is showing some bearish divergence, although the MACD oscillator is trending higher, pointing to healthy momentum.

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