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    Market Analysis

    14 September 2023
    Stock Market Reacts to Inflation Data, Dollar Index Fluctuates

    On Wednesday, the U.S. stock market saw mixed performances, with the Dow Jones Industrial Average declining by 0.20% to 34,575.53, while the S&P 500 managed a slight uptick of 0.12%, and the Nasdaq Composite rose by 0.29%. These moves were …

    13 September 2023
    Nasdaq Slips as Oracle’s Plunge Ripples Through Tech Stocks, US Dollar Index Gears Up for Key Inflation Data

    In a mixed day for the financial markets, the Nasdaq Composite faced a 1.04% decline on Tuesday, spurred by Oracle’s sharp 13.5% drop following disappointing results. This decline, though not a massive stock, reflects broader business spending trends and impacted …

    12 September 2023
    Tech Stocks Rally, Dollar Declines, and Market Awaits Inflation Data

    The stock market opened the week on a positive note, with renewed investor interest in tech stocks following a recent slump. The Nasdaq Composite led the charge with a robust 1.14% gain, reaching 13,917.89, while the S&P 500 climbed by …

    11 September 2023
    Week Ahead: Markets to Focus on US CPI, US PPI, and ECB Rate Decision

    Of particular interest to traders this week will be the US Consumer Price Index (CPI), the US Producer Price Index (PPI), and the European Central Bank’s (ECB) Rate Decision. These items have the potential to significantly impact the markets. Exercise …

    8 September 2023
    Market Declines Amid Fed Rate Hike Concerns and Tech Sector Woes

    The Nasdaq Composite extended its four-day decline on concerns of future Federal Reserve interest rate hikes, leading to a 0.89% drop, while the S&P 500 slipped 0.32%, and the Dow Jones Industrial Average added 0.17%. Apple’s shares fell 2.9% due …

    7 September 2023
    Market Volatility: Stocks Decline, US Dollar Strengthens, and Cryptocurrencies Hold Steady

    On Wednesday, the stock market saw declines, driven by concerns about potential Federal Reserve interest rate hikes, leading to a 0.57% drop in the Dow Jones Industrial Average, a 0.7% dip in the S&P 500, and a 1.06% fall in …

    6 September 2023
    Market Turbulence Amidst Rising Oil Prices, Stronger Dollar, and Global Economic Concerns

    On Tuesday, the stock market faced turbulence with notable declines in major indices like the Dow Jones Industrial Average, which dropped 0.56%, and the S&P 500, which fell by 0.42%. This market downturn was primarily triggered by a significant surge …

    5 September 2023
    Mixed Performance in European Stock and Currency Markets During Labor Day Pause

    European stock markets, led by the Stoxx 600 index, remained relatively stagnant on Monday as the US market observed Labor Day, preventing any substantial momentum. Despite initial gains, European indices like the FTSE 100, DAX, CAC 40, FTSE MIB, and …

    4 September 2023
    Week Ahead: Markets to Focus on RBA Rate Statement and BOC Rate Statement

    The financial world is keeping a close watch on some important economic news this week. Two major central banks, the Reserve Bank of Australia (RBA) and the Bank of Canada (BOC), will be releasing their rate statements. Given the potential …

    1 September 2023
    Nasdaq Records Fifth Consecutive Gain Amidst Worst Monthly Performance in 2023

    The Nasdaq Composite displayed resilience with its fifth successive day of gains, despite encountering its most substantial monthly decline in 2023. Closing at 14,034.97, the tech-centric index rose by 0.11% on Thursday. In contrast, the Dow Jones Industrial Average stumbled …