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    Today’s Analysis

    9 May 2023
    Mixed Market Reaction as Investors Await Key Inflation Data and Banking Sector Stability

    The S&P 500 closed near the flat line on Monday, with investors anticipating crucial inflation readings, including the consumer price index report for April. Despite minor fluctuations, the broad market index ended the session at 4,138.12, reflecting a marginal gain …

    8 May 2023
    Week Ahead: All Eyes on Bank of England Rate Statement, US CPI, and US PPI

    Highly anticipated economic reports are set to be released this week, including the Bank of England Rate Statement, US Consumer Price Index (CPI), and US Producer Price Index (PPI). These reports are vital, providing traders and investors with essential data …

    5 May 2023
    US Stocks Continue Decline Amid Regional Bank Contagion Concerns with Non-Farm Payroll Report in Focus

    On Thursday, the Dow Jones Industrial Average fell 0.86%, the S&P 500 slid 0.72%, and the Nasdaq Composite shed 0.49%, marking the fourth consecutive day of declines for the major indexes. The decline was caused by contagion fears in the …

    4 May 2023
    Fed Raises Rates for 10th Time in Current Cycle, Signals Cautious Approach to Future Increases

    On Wednesday, S&P 500 futures and Dow Jones Industrial Average futures both fell, by 0.2% and 0.2%, respectively, while Nasdaq 100 futures remained flat, up 0.06%. The drop was attributed to the Federal Reserve’s decision to increase rates by 25 …

    3 May 2023
    Stocks Fall as Contagion Fears in Regional Banking Sector Return Ahead of Fed’s Rate Decision

    On Tuesday, stock markets experienced a sharp decline due to concerns among traders about contagion in the regional banking sector ahead of the Federal Reserve’s rate decision. The Dow Jones Industrial Average, the S&P 500, and the Nasdaq Composite all …

    2 May 2023
    US Stock Market Sees Monthly Gains, Investors Await Federal Reserve Meeting and Earnings Reports

    On Friday, the Dow Jones Industrial Average saw an increase, achieving its best monthly performance since January. The blue-chip index finished 0.8% higher, with the S&P 500 and the Nasdaq Composite also recording gains. The Dow rose by 2.5% for …

    2 May 2023
    Week ahead: Markets to Focus on Major Central Banks Rate Statements and US Employment Report

    This week, market participants await the release of highly awaited economic reports, which will highlight key indicators such as Rate Statements in the US and Australia, as well as Employment Change in the US and Canada. These reports have immense …

    28 April 2023
    US Stocks Gain on Tech Earnings Despite GDP Miss

    On Thursday, the US stock market closed higher due to solid earnings from Meta Platforms, which boosted tech-related companies. The Dow Jones Industrial Average increased by 1.57% to 33,826.16, the Nasdaq Composite rose 2.43% to 12,142.24, and the S&P 500 …

    27 April 2023
    First Republic Bank concerns overshadow Big Tech excitement as Dow Jones loses over 200 points

    Investor worries over First Republic Bank overshadowed excitement around Big Tech earnings, causing the Dow Jones Industrial Average to lose more than 200 points. First Republic Bank slid nearly 30%, extending losses after falling almost 50% on Tuesday. The regional …

    26 April 2023
    Strong Earnings from Big Tech Firms Drive US Stock Futures Higher, First Republic Bank’s Deposit Drop Raises Concerns

    Big Tech earnings, led by Alphabet and Microsoft, boosted US stock futures on Tuesday evening. Dow Jones Industrial Average futures gained 0.1%, S&P 500 futures added 0.4%, and Nasdaq 100 futures increased by 1.2%. Microsoft beat Wall Street’s expectations in …