Monthly Archives: December 2023

2023 Year-End Stock Market Rally Sets Stage for Bullish 2024: Indices Near Records

Written on December 29, 2023 at 3:10 am, by

In the penultimate trading session of the year, the S&P 500 approached an all-time high, indicating a robust finish to an exceptionally bullish year for stocks. The Dow Jones Industrial Average secured a new record, while the Nasdaq Composite saw a slight dip. With major indices poised to end 2023 on gains, projected around 13.8%Continue Reading

S&P 500 Inches Towards Record High: Analysts Eye ‘Santa Claus Rally’ Amidst Concerns

Written on December 28, 2023 at 2:45 am, by

Stocks closed higher as the S&P 500 edged up 0.14%, nearing its all-time high from January 2022. The Dow Jones Industrial Average also hit a new closing high, while the Nasdaq Composite rose 0.16%, marking an eight-week winning streak. Analysts anticipate a potential ‘Santa Claus rally’ despite concerns over market over-optimism, cautioning investors about unexpectedContinue Reading

Basic to Expert: Start trading effortlessly, and become a professional

Written on December 27, 2023 at 7:26 am, by

Take a journey from beginner to expert with our webinar, ‘Basic to Expert: Start Trading Effortlessly.’ We’ll guide you through trading essentials, offering insights and strategies to make your transition smooth. Learn to navigate the markets confidently, turning beginner steps into pro moves.

Stocks Surge Close to Record Highs in Year-End Rally; Currency Markets Await Fed’s Next Moves

Written on December 27, 2023 at 2:51 am, by

The markets witnessed a surge as major indices edged closer to historic peaks in the final week of the year. The S&P 500, Nasdaq Composite, and Dow Jones Industrial Average all marked significant gains, with the Nasdaq 100 hitting a new all-time high. Wall Street’s bullish run continued, fueled by optimism stemming from encouraging inflationContinue Reading

VT Markets lays down marker for future ESG plans with trio of historic milestones

Written on December 27, 2023 at 1:58 am, by

Sydney, Australia, 27 December 2023 – Having reaffirmed its commitment to corporate social responsibility (CSR) earlier in the year, VT Markets is closing the year with 3 major environmental, social, and governance (ESG) milestones under its belt: Commenting on these initiatives, VT Markets’ Director of Global Marketing, Martin Li, stated: “The work we’ve done with ShareTheMeal,Continue Reading

Week ahead: Santa Claus rally and holiday season take centre stage

Written on December 26, 2023 at 1:35 am, by

With no high-impact news expected, the market’s attention will be focused on the holiday season this week. Investor sentiment is likely to be influenced by holiday festivities, resulting in increased shopping activity and the investment of holiday bonuses. Additionally, the end-of-year period typically coincides with institutional investors going on vacation, leaving the market in theContinue Reading

S&P 500 and Tech Leaders Lead Market Recovery, Forex Eyes USD Downtrend

Written on December 22, 2023 at 1:21 am, by

Thursday witnessed a strong comeback for stocks, with the S&P 500, Dow Jones, and Nasdaq rebounding significantly, nearing their record highs. Micron Technology’s stellar performance fueled tech stocks, while companies like Salesforce contributed to the climb. This turnaround followed a recent market dip attributed to profit-taking after a sustained period of gains. Meanwhile, the currencyContinue Reading

Futures Show Modest Gains Amidst Micron’s Surge, Eyes on Economic Data, and Nike’s Earnings

Written on December 21, 2023 at 3:53 am, by

Stock futures edged higher after a recent market pause, with S&P 500, Nasdaq 100, and Dow Jones futures indicating slight upticks. Micron’s notable postmarket leap of over 4% propelled optimism after surpassing Wall Street’s projections for its first fiscal quarter. However, the prior day marked a downturn as investors seized profit opportunities, reflecting the S&PContinue Reading

S&P 500 Nears Record High on Fed’s Optimism, Energy Stocks Surge, and Currency Markets Fluctuate

Written on December 20, 2023 at 3:47 am, by

The stock market witnessed a strong surge, propelling the S&P 500 close to its all-time high after significant gains fueled by the Federal Reserve’s positive stance on interest rates. The Dow Jones Industrial Average and Nasdaq Composite also experienced substantial increases, while energy stocks, particularly in the S&P 500 sector, saw notable rises due toContinue Reading

S&P 500 Continues Winning Streak, Tech Giants Propel Communication Sector, and Currency Markets Navigate Fed Rate Cut Speculations

Written on December 19, 2023 at 3:10 am, by

The stock market witnessed a persistent upward trend with the S&P 500 maintaining a seven-week winning streak, inching closer to its previous all-time high. While the Dow Jones Industrial Average showed marginal movement, the S&P 500 surged by 0.45%, notably driven by gains in mega-cap tech companies like Meta Platforms and Alphabet. U.S. Steel sharesContinue Reading

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