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    Market Analysis

    8 September 2023
    Market Declines Amid Fed Rate Hike Concerns and Tech Sector Woes

    The Nasdaq Composite extended its four-day decline on concerns of future Federal Reserve interest rate hikes, leading to a 0.89% drop, while the S&P 500 slipped 0.32%, and the Dow Jones Industrial Average added 0.17%. Apple’s shares fell 2.9% due …

    7 September 2023
    Market Volatility: Stocks Decline, US Dollar Strengthens, and Cryptocurrencies Hold Steady

    On Wednesday, the stock market saw declines, driven by concerns about potential Federal Reserve interest rate hikes, leading to a 0.57% drop in the Dow Jones Industrial Average, a 0.7% dip in the S&P 500, and a 1.06% fall in …

    6 September 2023
    Market Turbulence Amidst Rising Oil Prices, Stronger Dollar, and Global Economic Concerns

    On Tuesday, the stock market faced turbulence with notable declines in major indices like the Dow Jones Industrial Average, which dropped 0.56%, and the S&P 500, which fell by 0.42%. This market downturn was primarily triggered by a significant surge …

    5 September 2023
    Mixed Performance in European Stock and Currency Markets During Labor Day Pause

    European stock markets, led by the Stoxx 600 index, remained relatively stagnant on Monday as the US market observed Labor Day, preventing any substantial momentum. Despite initial gains, European indices like the FTSE 100, DAX, CAC 40, FTSE MIB, and …

    4 September 2023
    Week Ahead: Markets to Focus on RBA Rate Statement and BOC Rate Statement

    The financial world is keeping a close watch on some important economic news this week. Two major central banks, the Reserve Bank of Australia (RBA) and the Bank of Canada (BOC), will be releasing their rate statements. Given the potential …

    1 September 2023
    Nasdaq Records Fifth Consecutive Gain Amidst Worst Monthly Performance in 2023

    The Nasdaq Composite displayed resilience with its fifth successive day of gains, despite encountering its most substantial monthly decline in 2023. Closing at 14,034.97, the tech-centric index rose by 0.11% on Thursday. In contrast, the Dow Jones Industrial Average stumbled …

    31 August 2023
    S&P 500 Gains on Four-Day Streak Amid Economic Data Evaluation

    The S&P 500 extended its winning streak to four days, rising 0.38% and surpassing 4,500 points to close at 4,514.87. The Dow Jones Industrial Average added 0.11%, while the tech-oriented Nasdaq Composite advanced 0.54% to 14,019.31. The S&P’s recent gains …

    30 August 2023
    Tech Stocks Rally as Nasdaq Gains Over 1% in August’s Final Days

    Investors rallied around tech stocks, propelling the Nasdaq Composite up by more than 1% on Tuesday, seeking respite in the closing stages of a challenging August for the market. The tech-centric index surged 1.74% to reach a closing figure of …

    29 August 2023
    Stocks Rebound as August Nears End, Tech Seeks Recovery

    Stocks started the final trading week of August on a positive note, with Wall Street striving to recover from a month of losses. The Dow Jones Industrial Average surged by 0.62%, gaining 213.08 points to close at 34,559.98. The S&P …

    28 August 2023
    Week Ahead: All Eyes on Australia’s CPI, US Core PCE Price Index, and US Jobs Report

    This week, keep a close watch on Australia’s Consumer Price Index (CPI), the US Core Personal Consumption Expenditure (PCE) Price Index, and the US Jobs Report. These indicators could substantially impact market sentiment, amplifying the need for traders to exercise …