Daily Note 28/04/2023 – Market View: Day Ahead, Macro, Stocks, Debt Markets
- US markets rallied sharply yesterday with the NASDAQ and the S&P in particular showing strong gains while Europe was unchanged with the UK market down marginally.
- Amazon’s Q123 results came in well ahead of market expectations however after rising 12% on the results release in after-hours trading, the stock fell back on conference call comments that AWS growth is still under pressure.
- Core bond yields moved higher as risk assets rallied strongly yesterday.