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    DAILY MARKET ANALYSIS

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

    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 …

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