Monthly Archives: May 2023

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

Written on May 2, 2023 at 2:00 am, by

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 April, while the S&P 500 recorded a 1.5% monthly gain. More than half of S&PContinue Reading

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

Written on May 2, 2023 at 12:40 am, by

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 significance as they enable traders and investors to make informed decisions and stay ahead ofContinue Reading

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