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    Market Analysis

    18 October 2022
    Q3 financial earnings have boosted market sentiment

    U.S. equities rallied on the first trading day of the week. The Dow Jones Industrial Average gained 1.86% to close at 30185.82. The S&P 500 jumped 2.65% to close at 3677.95. The tech-heavy Nasdaq Composite soared 3.43% to close at …

    17 October 2022
    Week Ahead: US Set to Release Its Empire State and Philly Fed Manufacturing Index

    Key economic reports are due for release this week starting with the US Empire State and Philly Fed Manufacturing Index. Several countries will also release their Consumer Price Index, including the UK, Canada, and New Zealand. Australia will release its …

    17 October 2022
    US Stocks lower on Friday, US 10-year treasury yields rise above 4%

    U.S. stocks edged lower on the last trading day of the week. The Dow Jones Industrial Average lost 1.34% to close at 29634.83. The S&P 500 dropped 2.37% to close at 3593.07. The tech-heavy Nasdaq Composite slumped 3.08% to close …

    14 October 2022
    US CPI released higher at 8.2%

    U.S. equities experienced a volatile trading session with the release of U.S. CPI data. The Dow Jones Industrial Average rose 2.83% to close at 30038.72. The S&P 500 gained 2.6% to close at 3669.91. The tech-heavy Nasdaq Composite climbed 2.23% …

    13 October 2022
    Producer Price Index rose, Market awaits Inflation data

    US equity fell on Wednesday, with investors bracing for Thursday’s reading on consumer prices. Producer Price Index figures of 0.4% on Wednesday showed prices paid to US producers rose in September by more than expected ahead of a key measure …

    12 October 2022
    BoE to end its support of the Gilt Market

    U.S. equities edged lower throughout yesterday’s trading. The Dow Jones Industrial Average, however, was able to edge slightly higher by 0.12% to close at 29239.19. The S&P 500 lost 0.65% to close at 3588.84. The tech-heavy Nasdaq Composite retreated 1.1% …

    11 October 2022
    Washington to restrict China’s access to US technology

    U.S. equities fell for the fourth straight day as growth fears and geopolitical risks weigh on market sentiment. The Dow Jones Industrial Average lost 0.32% to close at 29202.88. The S&P 500 shed 0.75% to close at 3612.39. The tech-heavy …

    10 October 2022
    US Unemployment and Payroll data surprised the Market

    U.S. equities ended the week with a sharp drop throughout last Friday’s trading. The Dow Jones Industrial Average dropped 630 points to close at 29296.79. The S&P 500 slid 2.8% to close at 3639.66. The tech-heavy Nasdaq composite lost 3.8% …

    10 October 2022
    Week Ahead: US Data to Focus on CPI, PPI, Retail Sales, and Consumer Sentiment

    The US will release several key data items this week, including the inflation data reflected in the Consumer Price Index, the producer price index, and retail sales data. The preliminary consumer sentiment data reported by the University of Michigan and …

    7 October 2022
    US Jobless Claims higher, Market waits for NFP

    U.S. equities traded lower throughout yesterday’s trading. The Dow Jones Industrial Average slipped 1.15% to close at 29926.94. The S&P 500 dropped 1.02% to close at 3744.52. The tech-heavy Nasdaq Composite edged 0.68% lower to close at 11073.31. Learn more …