The combination of strong corporate fundamentals, particularly within the tech sector, and the willingness of central banks to step in should there be a downturn creates a landscape with limited downside at the moment, says Nigel Green of deVere Group.
A decline in the value of the NVIDIA share price may torpedo the rest of the market, according to Apollo's Torsten Slok.
The trend is not bearish yet but has the potential to turn that way should we see the breakdown of a few important support levels, writes Fawad Razaqzada, analyst for City Index and Forex.com.
The Nasdaq surged to new records, but other markets stagnated as key members of the Federal Reserve cautioned that it was still too soon to discuss rate cuts.
Gold is likely to continue its current upward trajectory and hit new all-time highs within weeks, predicts the CEO of one of the world’s largest independent financial advisory and asset management organisations.