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    Market Analysis

    28 July 2023
    Dow Jones Ends Historic Winning Streak Amid Economic Data and Rate Hike Uncertainty

    The Dow Jones Industrial Average’s extraordinary winning streak of 13 consecutive gains came to a halt as investors opted to take profits, leading to a 0.67% decline, with the index closing at 35,282.72 points. The historic run, dating back to …

    27 July 2023
    Dow Jones Extends Historic Winning Streak Amid Federal Reserve Rate Hike and Earnings Reports

    In a remarkable show of strength, the Dow Jones Industrial Average experienced its best winning streak since 1987, advancing for 13 consecutive days. The 30-stock index added 82.05 points, or 0.23%, reaching 35,520.12, and is now on the cusp of …

    26 July 2023
    Dow Jones Extends Winning Streak Amid Earnings Reports and Fed Speculations

    The Dow Jones Industrial Average achieved its longest winning streak in over six years as it closed higher on Tuesday. The index rose by 0.08%, or 26.83 points, reaching 35,438.07. This marked the 12th consecutive positive session for the 30-stock …

    25 July 2023
    Dow Jones Extends Winning Streak Amid Key Earnings Reports and Federal Reserve Policy Decision

    The Dow Jones Industrial Average continued its impressive winning streak, marking the longest rally since February 2017, with an 11th consecutive day of gains. The 30-stock Dow rose 0.52%, reaching 35,411.24 points, supported by a 0.40% rise in the S&P …

    24 July 2023
    Week Ahead: All Eyes on FOMC Meeting Minutes and ECB, BOJ Rate Decisions

    This week’s economic calendar includes important events that can significantly impact the markets: the FOMC Meeting Minutes, as well as the ECB and BOJ Rate Decisions. Traders should be well-prepared for potential market volatility resulting from these announcements and be …

    21 July 2023
    Dow Jones Rises on Johnson & Johnson’s Earnings Beat, While Netflix and Tesla Struggle

    The Dow Jones Industrial Average continued its impressive winning streak for the ninth consecutive day, fueled by the better-than-expected earnings results of pharmaceutical giant Johnson & Johnson. With a 6% rise in Johnson & Johnson’s shares, the Dow recorded its …

    20 July 2023
    Stocks Rise as Earnings Season Kicks Off with Dow’s Longest Winning Streak in Four Years

    Stocks showed positive momentum on Wednesday during the ongoing corporate earnings season, with the Dow Jones Industrial Average achieving its longest winning streak in nearly four years. The Dow closed 0.31% higher, at 35,061.21 points, marking its eighth consecutive day …

    19 July 2023
    Strong Corporate Earnings Propel Dow Jones to New Highs

    In a positive turn for investors, the Dow Jones Industrial Average soared on Tuesday as traders reacted to impressive corporate earnings reports. The Dow closed the day with a gain of 366.58 points, marking a 1.06% increase and reaching a …

    18 July 2023
    Wall Street Prepares for Earnings Season Amidst Optimism and Economic Uncertainty

    In a positive start to the week, stock markets experienced gains as Wall Street braced itself for the release of quarterly reports from major global companies. The Dow Jones Industrial Average reached its highest closing level in 2023, adding 76.32 …

    17 July 2023
    Week Ahead: Markets to Focus on US Retail Sales and Canada, UK CPI

    This week’s economic calendar features US Retail Sales figures, as well as inflation data from both the UK and Canada — all of which have the capacity to move markets significantly. Therefore, it is crucial for traders to be prepared …