Today’s Analysis

    14 March 2024
    Stocks dip amid tech pullback, inflation data eyed

    On Wednesday, the stock market experienced a slight downturn, with the S&P 500 and Nasdaq Composite falling due to a pullback in tech shares, including notable declines in Nvidia, Meta Platforms, and Apple. This shift came after a record-setting session, …

    13 March 2024
    Market Surges on Inflation Data; Tech Stocks and Dollar Gain Momentum

    On Tuesday, financial markets experienced significant gains following the release of U.S. inflation data that aligned with expectations, fueling a surge in tech stocks like Nvidia, Meta Platforms, and Oracle. The Dow Jones, S&P 500, and Nasdaq all posted notable …

    12 March 2024
    Stocks Retreat and Dollar Firms Ahead of CPI Data

    On Monday, the stock market saw mixed results as the recent rally slowed down. The S&P 500 and the Nasdaq Composite experienced declines, with technology stocks, including Super Micro Computer and Nvidia, facing notable losses. The Dow Jones, however, managed …

    8 March 2024
    Stocks surge to record highs amid inflation optimism and tech gains

    On Thursday, the stock market witnessed significant gains, with the S&P 500 and Nasdaq Composite reaching new record highs, driven by investor optimism over easing inflation and robust gains in the technology sector. The S&P 500 increased by 1.03% to …

    7 March 2024
    Stock markets rebound amid Fed’s dovish outlook and mixed currency movements

    Wednesday saw a notable rebound in major U.S. stock indices, with the S&P 500, Nasdaq, and Dow Jones all recording gains, despite mixed performances across sectors and continued concerns over a troubled regional bank. The positive shift in the stock …

    6 March 2024
    Tech stocks lead market downturn as Apple sales dip, while some companies post gains

    Stocks faced a downturn for the second consecutive session, driven by declines in major technology firms like Apple, which saw nearly a 3% drop following a report of decreased iPhone sales in China, leading the Nasdaq Composite down by 1.65%. …

    5 March 2024
    Stock market dips slightly amid AI boom and tech gains, while investors eye economic updates

    On Monday, the stock market experienced a modest downturn, with the S&P 500 and the Nasdaq Composite retracting from their peak levels despite the surge in technology stocks, fueled by the artificial intelligence boom. The S&P 500 slightly declined by …

    1 March 2024
    Nasdaq Hits Record Close Fueled by Tech Rally, Dollar Strengthens Amidst Economic Anticipation

    On Thursday, the Nasdaq Composite achieved a record close at 16,091.92, its highest since November 2021, driven by a surge in tech stocks, particularly those involved in artificial intelligence. This uplift in the stock market saw the S&P 500 also …

    29 February 2024
    Stock Market Dips Ahead of Key Inflation Report, Tech Shares and Dollar Movements in Focus

    On Wednesday, stocks saw a decline as investors awaited an important inflation report due later in the week, with the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average all experiencing losses. Notable decliners included UnitedHealth, Intel, Alphabet, and Urban …

    28 February 2024
    Mixed Stock Market Results as Investors Await Inflation Data; Currency Market Sees Nuanced Movements

    On Tuesday, the stock market displayed mixed outcomes with the S&P 500 and Nasdaq Composite experiencing slight gains, while the Dow Jones Industrial Average faced a minor decline amidst anticipation for upcoming inflation data. Corporate earnings, particularly from Macy’s and …

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