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    Today’s Analysis

    20 November 2023
    Week Ahead: FOMC Meeting Minutes and Flash Services PMI Reports from the US, UK, and Germany

    Various events look set to impact the markets this week. In addition to minutes from the Fed’s November meeting, market movements will likely also be shaped by the release of updated flash services and manufacturing PMI figures.  Traders should maintain …

    17 November 2023
    Dow Slips as Cisco and Walmart Drive Declines, November’s Positive Trajectory Pauses | Currency Trends and Commodity Movement

    Thursday’s stock market saw the Dow Jones slipping by 0.13%, ending its winning streak, while the S&P 500 and Nasdaq showed marginal gains. Declines in Cisco and Walmart heavily influenced the Dow’s dip, accompanied by a pullback in Chevron due …

    16 November 2023
    Market Update: Stocks Extend Gains on Positive Inflation Data, Dollar Rebounds Amid Economic Swings

    After positive inflation data, stock markets continued their climb, marked by modest gains in the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average. However, despite a notable drop in the producer price index, retail sales declined, painting a mixed …

    15 November 2023
    Stock Market Soars on CPI Report: Tech Surges, Banks Rally, and Dollar Dips

    The stock market witnessed a robust surge buoyed by an optimistic response to the latest US inflation report. Major indices like the Dow Jones, S&P 500, and Nasdaq rallied significantly, with tech stocks, in particular, hitting record highs. The lower-than-expected …

    14 November 2023
    S&P 500 Holds Steady Amid Cautious Sentiment, USD Retreats Ahead of CPI Data

    In Monday’s trading session, the S&P 500 closed with minimal change, while the Nasdaq and Dow Jones showed varied movements. Investors awaited October’s Consumer Price Index (CPI) data, predicting a 3.3% year-over-year growth in inflation. Moody’s highlighted the U.S. fiscal …

    14 November 2023
    Week Ahead: US CPI, PPI, and Retail Sales Set to Influence US Dollar Movements

    This week is anticipated to be one of heightened activity for market participants, with a particular focus on developments within the United States. Noteworthy economic indicators, specifically the Consumer Price Index (CPI), Producer Price Index (PPI), and Retail Sales data, …

    10 November 2023
    Stock Market Ends Eight-Day Winning Streak Amid Rising Bond Yields and Inflation Concerns

    On Thursday, the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average all saw declines as bond yields surged, with the 10-year Treasury yield increasing over 12 basis points. Federal Reserve Chair Jerome Powell’s remarks on inflation added to the …

    9 November 2023
    S&P 500 and Nasdaq Extend Winning Streaks as Earnings Season Nears End

    The S&P 500 and Nasdaq continued their winning streaks, marking their longest runs in two years, while the Dow Jones Industrial Average experienced a minor decline. Earnings reports from companies like Rivian, Robinhood, and Warner Bros. Discovery influenced stock movements, …

    8 November 2023
    S&P 500 and Nasdaq Extend Winning Streaks, Wall Street Eyes Strong November Gains

    The S&P 500 and Nasdaq Composite extended their winning streaks, marking their longest runs in nearly two years, while the Dow Jones Industrial Average also notched a seven-day winning streak. Technology stocks and semiconductor companies experienced gains as yields dropped, …

    7 November 2023
    Stock Market Extends Winning Streak as Investors Await Key Catalysts

    On Monday, the stock market continued its positive momentum, with the Nasdaq Composite achieving its longest winning streak since January. The S&P 500 and Dow Jones also edged up, with the market pausing to digest the previous week’s robust rally. …