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    22 February 2024
    Mixed Stock Market Results Amid Nvidia Earnings Anticipation and Fed’s Interest Rate Stance

    On Wednesday, the stock market showed mixed outcomes, with the Dow Jones and S&P 500 making slight gains, while the Nasdaq Composite faced a decline, influenced by anxiously awaited Nvidia earnings and Federal Reserve insights. Nvidia’s stock dipped ahead of …

    21 February 2024
    Tech Stocks Lead Market Downturn Ahead of Nvidia’s Earnings, Major Acquisitions Stir Financial Sectors

    On Tuesday, the stock market faced a downturn, heavily influenced by a slump in technology stocks, especially with Nvidia’s earnings report on the horizon, causing its shares to fall by 4.4%. The Dow Jones Industrial Average slightly declined by 0.17%, …

    20 February 2024
    Mixed market sentiments globally as the U.S. observes Presidents Day

    With U.S. markets closed in observance of Presidents Day, global financial markets took center stage, showcasing mixed sentiments across different regions and sectors. Europe’s Stoxx 600 index saw a modest rebound, while Asian markets presented a mixed picture, influenced by …

    19 February 2024
    Week ahead: Eyes on FOMC meeting minutes 

    As we delve into the economic calendar for the upcoming week, several pivotal events and data releases promise to provide insight into the global economic landscape. From inflation figures to central bank deliberations and purchasing managers’ indices (PMIs), market participants …

    16 February 2024
    S&P 500 hits 11th record high amidst mixed economic signals and global currency shifts

    The S&P 500 notched its 11th record high of the year, leading a positive trend across major U.S. stock indexes, despite mixed economic indicators and a volatile week. Closing at 5,029.73, the index was up by 0.58%, with the Nasdaq …

    15 February 2024
    Stock Market Rallies Led by Lyft Surge Amid Adjusted Federal Reserve Rate Cut Expectations

    On Wednesday, the stock market witnessed a significant rebound, with the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average posting notable gains, driven in part by Lyft’s shares soaring 35% after reporting impressive fourth-quarter earnings. This rally followed a …

    14 February 2024
    Stock Markets Tumble as Inflation Surges, Upending Fed Rate Cut Hopes and Driving Treasury Yields Higher

    On Tuesday, stock markets faced a sharp decline following unexpectedly high January inflation data, which sent Treasury yields climbing and dampened hopes for multiple Federal Reserve rate cuts this year. The Dow Jones Industrial Average recorded its worst session since …

    13 February 2024
    Week ahead: week of economic revelations 

    As the markets recalibrate from the recent rate and dollar surge, all eyes this week turn to the US CPI and retail sales data for January, potentially marking a pivotal moment for future rate adjustments. With the Federal Reserve’s rate …

    9 February 2024
    S&P 500 Nears Historic Milestone Amid Stock Futures Dip and Currency Market Shifts

    Stock futures edged lower on Thursday evening, despite the S&P 500 making headlines earlier in the day by briefly topping the 5,000 mark for the first time during intraday trading, before settling just below this historic level. This slight downturn …

    8 February 2024
    Tech Giants Lead Surge as S&P 500 Nears Historic 5,000

    On Wednesday, the stock market experienced notable gains, propelling the S&P 500 tantalizingly close to the 5,000 mark, thanks to strong quarterly results underscoring a robust economy. The index rose by 0.82%, setting a new closing high of 4,995.06, while …