Monthly Archives: June 2023
U.S. Stock Futures Dip Despite S&P 500’s Record High; DocuSign Surges After Beating Expectations
Written on June 9, 2023 at 3:00 am, by anakin
U.S. stock futures experienced a slight decline on Thursday night, even as the S&P 500 reached its highest closing level of the year. Dow Jones Industrial Average futures dropped by 54 points, equivalent to 0.16%, while S&P 500 futures saw a 0.12% dip and Nasdaq 100 futures edged down by 0.08%. In extended trading, DocuSignContinue Reading
Notification of Server Upgrade – June 9, 2023
Written on June 9, 2023 at 1:58 am, by anakin
Dear Client, As part of our commitment to provide the most reliable service to our clients, there will be server maintenance this weekend. Maintenance Hours : 10th of June 2023 (Saturday) 02:00 – 11:00 (GMT+3) Please note that the following aspects might be affected during the maintenance: 1. The price quote feature on the ClientContinue Reading
Weekly Dividend Adjustment Notice – June 8, 2023
Written on June 8, 2023 at 8:00 am, by anakin
Dear Client, Please note that the dividends of the following products will be adjusted accordingly. Index dividends will be executed separately through a balance statement directly to your trading account, and the comment will be in the following format “Div & Product Name & Net Volume ”. Please refer to the table below for moreContinue Reading
Market Fluctuates Near Highs as Tech Boost Fades, Regional Banks Surge, and Trade Deficit Widens
Written on June 8, 2023 at 3:46 am, by anakin
On Wednesday, both the S&P 500 and Nasdaq Composite closed lower, hovering near their highest closing levels since August 2022. The S&P 500 slipped by 0.38%, settling at 4,267.52, while the Nasdaq Composite declined by 1.29%, ending at 13,104.89. However, the Dow Jones Industrial Average stood out among the major averages, adding 91.74 points orContinue Reading
S&P 500 Hits Highest Close of 2023, Coinbase Faces SEC Lawsuit
Written on June 7, 2023 at 3:26 am, by anakin
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 highest close since August 2022. Similarly, the Nasdaq Composite also achieved a closing high forContinue Reading
ETF / Mutual Funds Which is the Better Option
Written on June 7, 2023 at 12:58 am, by anakin
ETF vs Mutual Funds Introduction Choosing between ETFs and mutual funds is one of the most common issue investors face in the Philippines. Although both operate almost similarly, they have different trading options and provide different investment outcomes. Nevertheless, we will explore differences between ETFs and mutual funds and discuss their pros & cons. WhatContinue Reading
Stocks Slip as Market Consolidates Gains, Eyes Fed’s Inflation Target
Written on June 6, 2023 at 2:03 am, by anakin
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 13,229.43, and the Dow Jones Industrial Average dropped 0.59% to 33,562.86. Apple’s stock declined byContinue Reading
Notification of Trading Adjustment in Holiday – June 5, 2023
Written on June 5, 2023 at 3:38 am, by anakin
Dear Client, Please note that the following instruments’ trading hours will be affected by the upcoming holidays. Note: The dash sign (-) indicates normal trading hours. The above data is for reference only, please refer to the MT4/MT5 software for specific data. If you’d like more information, please don’t hesitate to contact [email protected].
Week Ahead: Markets to Focus on US ISM Services PMI, and RBA and BOC Rate Statements
Written on June 5, 2023 at 1:45 am, by anakin
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 make their predictions, all eyes will be on these releases to understand their potential impactContinue Reading
Stocks Rise as U.S. House Passes Debt Ceiling Bill, Earnings Reports Impact Market
Written on June 2, 2023 at 3:00 am, by anakin
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%, closing at 33,061.57. The S&P 500 and Nasdaq Composite also reached their highest levels sinceContinue Reading