What happened?
In this week’s Weekly Market Review in partnership with Securities Investors Association Singapore (SIAS), we discuss key developments in the global equity market alongside Singapore Airlines (SIA). Watch the video to learn more about what we are looking out for this week.
Weekly Market Review
0:50 – Macro Update
The S&P 500 surged 5.3% to 5,958 points, and the NASDAQ jumped 7.2% to 19,211, driven largely by tech stocks.Singapore’s STI rose 0.6% to near 3,900 points, lifted by improved sentiment from the US-China 90-day tariff pause.The tariff pause led to a rollback to 10% and 30% tariffs, easing trade policy uncertainty and boosting investor confidence.Earlier spikes in trade policy uncertainty during March and April have now moderated, with hopes for bilateral trade deals.US inflation cooled as April CPI came in at 2.3% year-on-year, easing from 2.4% in March, despite earlier tariff concerns.Market expectations for US rate…
