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    quotations analysis

    19 January 2023
    US retail sales figures lower than expected

    U.S. equities traded lower throughout Wednesday’s trading. The Dow Jones Industrial Average lost 1.81% to close at 33296.96. The S&P 500 dropped 1.56% to close at 3928.86. The tech-heavy Nasdaq Composite slipped 1.24% to close at 10957.01. Equities markets were …

    18 January 2023
    Markets await the Bank of Japan Monetary Policy Statement

    U.S. equities were mixed over the course of yesterday’s trading. The Dow Jones Industrial Average lost 1.14% to close at 33910.85. The S&P 500 dropped 0.2% to close at 3990.97. The tech-heavy Nasdaq Composite gained 0.14% to close at 11095.11. …

    17 January 2023
    Inflation-related reports indicate price pressures easing

    U.S. equities traded higher on the first trading day of the week. The Dow Jones Industrial Average rose 0.33% to close at 34302.61. The S&P 500 gained 0.4% to close at 3999.09. The tech-heavy Nasdaq composite climbed 0.71% to close …

    16 January 2023
    US inflation slows down, Fed to keep raising the interest rate

    U.S. equities continued to climb on the last trading day of the week. All 3 major indices closed the week out in positive territory amid easing concerns over inflation. The Dow Jones Industrial Average rose 0.33% to close at 34302.61. …

    13 January 2023
    US inflation is slower at 6.5%

    U.S. equities continued to march higher throughout Thursday’s trading. The initial CPI release sparked a downward spike across the three major equity indices, but as the American trading session began, all equity indices turned positive and closed higher by the …

    12 January 2023
    US CPI to be released today

    U.S. equity indices marched higher throughout Wednesday’s trading. Markets continue to expect risk-on sentiment before the release of the U.S. CPI report, which is scheduled to be released during today’s American trading session. The Dow Jones Industrial Average rose 0.8% …

    11 January 2023
    Market awaits US CPI report on Thursday

    U.S. equities continued to march higher over the course of Tuesday’s trading. During his scheduled speech at the Swiss Riksbank, Fed chair Jerome Powell kept muted about the Fed’s upcoming monetary policy directions. Market participants thus interpreted the muted response …

    10 January 2023
    Volatility on the first trading day of the week

    U.S. equities witnessed a volatile trading session on the first trading day of the week. The initial hours of the American trading session saw equities extend their risk rally that started last Friday, however, markets turned cautious after Atlanta’s Fed …

    9 January 2023
    US Employment data indicate that employment rose in December

    U.S. equities scored their best trading day of the year throughout last Friday’s trading. The Dow Jones Industrial Average climbed 2.13% to close at 33630.61. The S&P 500 gained 2.28% to close at 3895.08. The tech-heavy Nasdaq composite jumped 2.56% …

    6 January 2023
    ADP result surprised the market, all eyes switched to NFP

    U.S. equities continued to fall throughout Thursday’s trading. Equities retreated due to the upside surprise from the ADP nonfarm employment change, which showed that employers added 235,000 jobs in December, and initial jobless claims, indicating 204,000 claims in December. The …