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    23 January 2024
    Dow Surges Past 38,000, United Airlines’ Stock Soars After Q4 Results

    On Monday, the Dow Jones Industrial Average achieved a historic high above 38,000, accompanied by a surge in United Airlines’ stock following strong fourth-quarter results. However, concerns about the grounding of Boeing 737 Max 9 planes led to an anticipated …

    22 January 2024
    Week Ahead: Markets to Focus on Rate Statements from Three Central Banks

    Recent decisions by central banks have significantly influenced global markets. In December 2023, the Bank of Japan (BoJ) and the Bank of Canada maintained key interest rates, while the European Central Bank (ECB) sustained multi-year high rates to combat inflation. …

    19 January 2024
    Tech Rally Propels Stock Market Rebound as Apple Surges

    On Thursday, a positive turnaround in the stock market was driven by strong performances from tech companies, notably Apple, following a buy rating upgrade from Bank of America. The Dow Jones Industrial Average gained 201.94 points, the Nasdaq surged by …

    18 January 2024
    Stocks Decline as Treasury Yields Surge, Dollar Hits 2024 Highs

    On Wednesday, the stock market saw a downturn driven by increasing Treasury yields influenced by robust U.S. economic data. The Dow Jones Industrial Average posted its third consecutive day of losses, dropping by 0.25%, while the S&P 500 and Nasdaq …

    17 January 2024
    Dow Jones Declines, Boeing Slumps, and Currency Markets React to Fed’s Rate Hints

    On Tuesday, the Dow Jones Industrial Average faced a 0.62% dip, closing at 37,361.12, influenced by increased bond yields and mixed fourth-quarter earnings. Boeing shares plummeted 7.9% due to a Wells Fargo downgrade, while AMD soared 8.3% on a positive …

    16 January 2024
    Global Markets Navigate Challenges as World Economic Forum Commences in Davos

    European stocks faced a subdued start as U.S. markets remained closed, and the Stoxx 600 index ended down 0.5%, with travel stocks climbing 0.9% and household goods falling 1%. The German economy contracted by 0.3% in 2023 due to factors …

    15 January 2024
    Week Ahead: US and UK Economic Data in Focus

    In the fast-paced world of trading, staying vigilant and well-informed is paramount for success. The upcoming week is filled with crucial economic events that traders should closely monitor to navigate the markets effectively. From employment figures in the UK to …

    12 January 2024
    Stocks See Flat Performance Amid CPI Data and Earnings Caution, Cryptocurrency ETFs Gain Momentum

    On Thursday, major stock indices experienced a subdued performance with the Nasdaq Composite settling at 14,970.19, the Dow Jones Industrial Average gaining 0.04%, and the S&P 500 dipping 0.07%. The release of December’s consumer price index (CPI) report, revealing a …

    11 January 2024
    Stocks Surge on Positive Earnings and Inflation Anticipation, Eyes on CPI as Market Dynamics Shift

    In a bullish session, stocks closed higher with the S&P 500, Dow Jones, and Nasdaq posting gains fueled by positive earnings reports, particularly from Intuitive Surgical and Lennar. Investor attention is now focused on the eagerly awaited consumer price index …

    10 January 2024
    Tech Stocks Rebound Amidst Market Fluctuations

    Tuesday witnessed a rollercoaster ride in the stock market as the S&P 500 and Dow Jones ended with declines while the Nasdaq managed a slight gain, primarily propelled by tech stocks’ resurgence. Despite the market’s recovery, with notable companies like …