Monthly Archives: January 2023

U.S. equities closed mostly mixed throughout Wednesday’s trading. The Dow Jones Industrial Average gained 0.03% to close at 33743.84. The S&P 500 lost 0.02% to close at 4016.22. The tech-heavy Nasdaq Composite lost 0.18% to close at 11313.36. U.S. equities experienced a sharp drop at the beginning of Wednesday’s trading as Microsoft issued weaker guidanceContinue Reading

VT Markets, a next-generation multi-asset broker, has announced a brief roadmap of its plans for the year ahead. The broker has revealed an impressive lineup of strategies that aim to expand its market access, bolster its brand presence and improve clients’ trading efficiency. An initiative clients are especially looking forward to is the exclusive 1:1000Continue Reading

U.S. equities struggled to maintain their recent rally throughout Tuesday’s trading. The Dow Jones Industrial Average gained 0.31% to close at 33733.96. The S&P 500 slipped 0.07% to close at 4016.95. The tech-heavy Nasdaq Composite lost 0.27% to close at 11334.27. The recent bear market rally has been aided by better-than-expected earnings results and signsContinue Reading

U.S. equities struggled to maintain their recent rally throughout Tuesday’s trading. The Dow Jones Industrial Average gained 0.31% to close at 33733.96. The S&P 500 slipped 0.07% to close at 4016.95. The tech-heavy Nasdaq Composite lost 0.27% to close at 11334.27. The recent bear market rally has been aided by better-than-expected earnings results and signsContinue Reading

The equity market rallied two consecutive days on Monday, as the most influential segment of the US stock is about to kick off earnings in a test of the S&P500’s 12% surge from its October low. Giants like Microsoft Corp. and Texas Instruments Inc. are set to report results that will help shape the fateContinue Reading

The equity market rallied two consecutive days on Monday, as the most influential segment of the US stock is about to kick off earnings in a test of the S&P500’s 12% surge from its October low. Giants like Microsoft Corp. and Texas Instruments Inc. are set to report results that will help shape the fateContinue Reading

Markets will focus on the US Gross Domestic Products (GDP) report and the Bank of Canada (BoC) interest rate decision this week. Analysts have various predictions for the GDP reading in the US for Q4 of 2022 after the economy grew an annualised 3.2% in Q3. Meanwhile, the Bank of Canada (BoC) raised its interestContinue Reading

US stock erased some of the week’s losses on Friday, as a tech rally buoyed risk sentiment and comments by Federal Reserve officials dialled back fears of overly aggressive policy moves. The Fed Governor Christopher Waller said the policy looks pretty close to sufficiently restrictive, which led the equity market to a session high. Moreover,Continue Reading

US stock erased some of the week’s losses on Friday, as a tech rally buoyed risk sentiment and comments by Federal Reserve officials dialled back fears of overly aggressive policy moves. The Fed Governor Christopher Waller said the policy looks pretty close to sufficiently restrictive, which led the equity market to a session high. Moreover,Continue Reading

U.S. equities continued to retreat over the course of Thursday’s trading. The Dow Jones Industrial Average dropped 0.76% to close at 33044.56. The S&P 500 lost 0.76% to close at 3898.85. The tech-heavy Nasdaq Composite slipped 0.96% to close at 10852.27. All three equity indices suffered losses as market sentiment, once again, turns risk off.Continue Reading