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    Today’s Analysis

    2 February 2024
    Dow Jones Soars as Fed Holds Rates Steady

    In a remarkable turnaround from its recent downturn, the Dow Jones Industrial Average surged 369.54 points to close at a record 38,519.84, buoyed by the Federal Reserve’s decision to keep interest rates unchanged, contrary to speculations of a possible cut …

    1 February 2024
    Stocks Plummet as Powell Signals No Rate Cut in March

    In a significant market downturn, Federal Reserve chairman Jerome Powell’s indication of no rate cut in March resulted in the Dow Jones Industrial Average’s worst performance since December. Despite this, the Federal Reserve addressed concerns by removing a tightening bias …

    31 January 2024
    Stock Market Sees Mixed Results Amid Fed Rate Decision Anticipation

    The stock market presented a mixed picture as the S&P 500 closed marginally lower and the Dow Jones hit a record high, while the Nasdaq Composite fell. This cautious trading reflects investor anticipation of the Federal Reserve’s decision on interest …

    30 January 2024
    S&P 500 Hits Record High Amid Tech Earnings and Fed Rate Policy Expectations, Dollar Strengthens in Diverse Global Market

    The S&P 500 achieved a new record high, climbing to 4,927.93, driven by anticipation of major tech company earnings and the upcoming Federal Reserve rate policy decision. This week is pivotal with 19% of S&P 500 companies, including tech giants …

    29 January 2024
    Week Ahead: Focus on Fed Rate decision and Non-Farm Payroll data

    Looking ahead from the final week of January, traders and investors are gearing up for a bustling week filled with significant economic events. These developments are poised to shape market dynamics, with a particular focus on inflation trends, economic growth …

    26 January 2024
    S&P 500 Hits New Record, Nasdaq Resilient Despite Tesla Slump

    In a week marked by mixed market performance, the S&P 500 soared to a new closing record, while the Nasdaq faced challenges due to Tesla’s post-earnings decline. Positive economic indicators, including robust U.S. GDP growth and encouraging inflation data, influenced …

    25 January 2024
    Tech Surge Propels S&P 500 to Record Highs, but Mixed Performance for Dow Jones

    On Wednesday, the stock market exhibited a blend of movements as the S&P 500 set a new record high, driven by a technology stock rally led by Netflix. While the S&P 500 and Nasdaq Composite saw positive gains, the Dow …

    24 January 2024
    Netflix’s Record-Breaking Subscribers Propel Tech Stocks, Nasdaq Futures Surge in 2024

    After Netflix’s stellar fourth-quarter performance, Nasdaq 100 futures experienced a significant boost in Tuesday evening trading. Fueled by Netflix’s impressive subscriber growth of 13 million, reaching a record 260.8 million, tech-heavy Nasdaq 100 futures rose by 0.28%, contributing to the …

    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. …