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    7 July 2023
    Stocks Slide as Better-Than-Expected Jobs Data Amplifies Economic and Rate Hike Concerns

    Stocks experienced a significant decline on Thursday as the release of stronger-than-anticipated jobs data heightened investors’ apprehension about the state of the economy and the trajectory of interest rates. The Dow Jones Industrial Average dropped 1.07%, or 366.38 points, closing …

    6 July 2023
    Wall Street Slides as Dow Jones Dips on Fed Meeting Minutes and Weaker Factory Orders

    On Wednesday, the Dow Jones Industrial Average experienced a decline as Wall Street returned from the Fourth of July holiday break. Investors analyzed the recently released minutes from the Federal Reserve meeting, seeking insights into the current state of monetary …

    5 July 2023
    U.S. Stock Futures Steady as Wall Street Resumes Trading After Holiday Break

    U.S. stock futures showed little change on Tuesday night as Wall Street prepared to resume trading after the Fourth of July holiday. Dow Jones Industrial Average futures declined by 0.1%, while S&P 500 and Nasdaq 100 futures dipped by less …

    4 July 2023
    Stocks Inch Higher as Second Half Begins with Positive Momentum

    In a shortened session marking the start of a new trading month, quarter, and half, stock markets experienced slight gains on Monday. The Dow Jones Industrial Average rose by 0.03%, adding 10.87 points to close at 34,418.47. Similarly, the S&P …

    3 July 2023
    Week Ahead: Markets to Focus on FOMC Meeting Minutes and US Jobs Reports

    As we kick off a new week, market watchers will focus on two key events: the release of the Federal Open Market Committee (FOMC) meeting minutes and the US jobs reports. Both have the potential to influence market trends significantly …

    30 June 2023
    Dow Jones Rises as Banks Pass Stress Test and Upward GDP Revision Eases Recession Fears

    The Dow Jones Industrial Average experienced gains as major banks passed the Federal Reserve’s stress test, while an upward revision of the GDP provided relief against recession concerns. The 30-stock index surged by 0.8%, gaining 269.76 points to close at …

    29 June 2023
    Fed’s Monetary Policy Outlook Weighs on S&P 500, Nasdaq Shines in Tech Rally

    The S&P 500 saw minimal movement on Wednesday as investors closely analyzed Federal Reserve Chair Jerome Powell’s remarks regarding future monetary policy. Powell emphasized the likelihood of more restrictive measures to combat inflation, including potential consecutive interest rate hikes. His …

    28 June 2023
    Tech Stocks Lead Dow Jones Rebound as First Half Nears Conclusion

    In a much-needed boost for the market, the Dow Jones Industrial Average rebounded after a seven-day slump, as investors embraced tech stocks ahead of the end of the first half. The index gained 0.63%, or 212.03 points, closing at 33,926.74. …

    27 June 2023
    Nasdaq Slumps as Tech Stocks Retreat in Final Week of First Half

    In the final week of the first half of the year, the Nasdaq Composite experienced a significant decline as investors sold off shares of technology companies that had performed well so far in 2023. The Nasdaq dropped by 1.16%, while …

    26 June 2023
    Week Ahead: Markets to Focus on Canada’s GDP and CPI and Australia’s CPI

    This week, market participants prepare for important economic events such as the release of Canada’s Gross Domestic Product (GDP) and Consumer Price Index (CPI), in addition to Australia’s CPI. Traders are anticipated to keep a close watch on these critical …