- اللهم إني أسألك في صلاتي ودعائي بركة تطهّر بها قلبي، وتكشف بها كربي، وتغفر بها ذنبي، وتصلح بها أمري، وتغني بها فقري، وتذهب بها شرّي، وتكشف بها همّي وغمّي، وتشفي بها سقمي، وتقضي بها ديني، وتجلو بها حزني، وتجمع بها شملي، وتبيّض بها وجهي يا أرحم الراحمين 🖤.
BY ﮼معاك⊀
The Singapore stock market has alternated between positive and negative finishes through the last five trading days since the end of the two-day winning streak in which it had added more than a dozen points or 0.4 percent. The Straits Times Index now sits just above the 3,060-point plateau and it's likely to see a narrow trading range on Monday.
A spike in interest rates since the start of the year has accelerated a rotation out of high-growth technology stocks and into value stocks poised to benefit from a reopening of the economy. The Nasdaq has fallen more than 10% over the past month as the Dow has soared to record highs, with a spike in the 10-year US Treasury yield acting as the main catalyst. It recently surged to a cycle high of more than 1.60% after starting the year below 1%. But according to Jim Paulsen, the Leuthold Group's chief investment strategist, rising interest rates do not represent a long-term threat to the stock market. Paulsen expects the 10-year yield to cross 2% by the end of the year. A spike in interest rates and its impact on the stock market depends on the economic backdrop, according to Paulsen. Rising interest rates amid a strengthening economy "may prove no challenge at all for stocks," Paulsen said.
˼سـهٌـر ⊀ 𖤍 from us