Monthly Archives: June 2023

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

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 5:35 am, by

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

S&P 500 Hits Highest Close of 2023, Coinbase Faces SEC Lawsuit

Written on June 7, 2023 at 3:26 am, by

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

Stocks Slip as Market Consolidates Gains, Eyes Fed’s Inflation Target

Written on June 6, 2023 at 5:35 am, by

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

Stocks Slip as Market Consolidates Gains, Eyes Fed’s Inflation Target

Written on June 6, 2023 at 2:03 am, by

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

Week Ahead: Markets to Focus on US ISM Services PMI, and RBA and BOC Rate Statements

Written on June 5, 2023 at 5:35 am, by

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

Notification of Trading Adjustment in Holiday – June 5, 2023

Written on June 5, 2023 at 3:40 am, by

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].

Notification of Trading Adjustment in Holiday – June 5, 2023

Written on June 5, 2023 at 3:38 am, by

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

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 5:34 am, by

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

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