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    DAILY MARKET ANALYSIS

    Stay on top of your trading with analyses of the latest market news.

    7 June 2023
    S&P 500 Hits Highest Close of 2023, Coinbase Faces SEC Lawsuit

    On Tuesday, the S&P 500 reached its highest close since the beginning of 2023, reflecting a recent rally that propelled the index to its strongest level in nine months. The broad-market index added 0.24% to finish at 4,283.85, marking its …

    6 June 2023
    Stocks Slip as Market Consolidates Gains, Eyes Fed’s Inflation Target

    On Monday, the S&P 500 ended the day lower, wiping out earlier gains that had brought the index to its highest level in nine months. The S&P 500 lost 0.2%, closing at 4,273.79, while the Nasdaq Composite dipped 0.09% to …

    5 June 2023
    Week Ahead: Markets to Focus on US ISM Services PMI, and RBA and BOC Rate Statements

    In the week ahead, market participants will turn their attention to key economic events including the US ISM Services PMI, as well as rate statements from the Reserve Bank of Australia (RBA) and the Bank of Canada (BOC). As analysts …

    2 June 2023
    Stocks Rise as U.S. House Passes Debt Ceiling Bill, Earnings Reports Impact Market

    Stocks experienced gains as the U.S. House of Representatives successfully passed a debt ceiling bill, reducing the risk of a default. Despite a 4.7% decline in Salesforce shares following their earnings report, the Dow Jones Industrial Average rose by 0.47%, …

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