However, caution grows around the potential risks of pumped-up tech stocks.
While shutdowns have not historically changed the direction of the US economy, there were a couple of differences this time around that could affect how the market eventually reacts.
Tech and growth stocks dragged the markets down, with investors buying into oil and gold.
‘A bet against the US market is a bet against AI and I’m not sure that’s an entirely wise move right now,’ Craigs Investment Partners’ investment director Mark Lister says.
The company’s offer price of US$40 a share undervalues its substantial growth opportunity, reckons Morningstar.
JBWere senior strategist Phil Borkin provides insights about the week that was.
Harbour Asset Management portfolio manager Shane Solly on the week that was for financial markets.
A look at the week that was on local and international markets.
A look at the week that was in local and foreign markets.