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    DAILY MARKET ANALYSIS

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

    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 …

    3 May 2023
    Stocks Fall as Contagion Fears in Regional Banking Sector Return Ahead of Fed’s Rate Decision

    On Tuesday, stock markets experienced a sharp decline due to concerns among traders about contagion in the regional banking sector ahead of the Federal Reserve’s rate decision. The Dow Jones Industrial Average, the S&P 500, and the Nasdaq Composite all …

    2 May 2023
    US Stock Market Sees Monthly Gains, Investors Await Federal Reserve Meeting and Earnings Reports

    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 …

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