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    5 January 2024
    Nasdaq Slides, Dollar Fluctuates Ahead of NFP

    The stock market closed with mixed results as the Nasdaq Composite sustained its longest losing streak since October 2022, dropping by 0.56% while the S&P 500 experienced its fourth consecutive decline. Mega-cap tech stocks, especially Apple, faced significant underperformance due …

    4 January 2024
    Tech-Led Nasdaq Downturn Sparks Market Jitters: Fed Uncertainty and Dollar Strength Unsettle Investors

    The stock market opened the year with the Nasdaq Composite facing significant losses, marking a 1.18% decrease following the tech giants’ downturn, influenced by Apple’s nearly 4% drop. This decline, paired with the S&P 500 and Dow Jones slipping, reflected …

    3 January 2024
    Slight Bearish Start to 2024 Amid Tech Leader Struggles and Defensive Stocks’ Rise

    The new year began with a mild downturn in the stock market, seeing the S&P 500 drop by 0.57% after an impressive 2023. Tech giants like Apple faced setbacks, while defensive stocks supported the Dow Jones. Despite this, the market …

    2 January 2024
    Week Ahead: 2024 Opening Week’s Key Economic Indicators

    The inaugural week of 2024 is poised to be a dynamic period for traders and investors, with a spotlight on critical economic indicators that are expected to shape market sentiments. Among the pivotal data releases are the ISM Manufacturing and …

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

    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 …

    28 December 2023
    S&P 500 Inches Towards Record High: Analysts Eye ‘Santa Claus Rally’ Amidst Concerns

    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 …

    27 December 2023
    Stocks Surge Close to Record Highs in Year-End Rally; Currency Markets Await Fed’s Next Moves

    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 …

    26 December 2023
    Week ahead: Santa Claus rally and holiday season take centre stage

    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 …

    22 December 2023
    S&P 500 and Tech Leaders Lead Market Recovery, Forex Eyes USD Downtrend

    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 …

    21 December 2023
    Futures Show Modest Gains Amidst Micron’s Surge, Eyes on Economic Data, and Nike’s Earnings

    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. …