quotations analysis

1 February 2023
US Stocks rise as market focus on Fed decision

The Dow climbed Tuesday, to end the month in the green as investors digested a slew of mostly better-than-expected results just as focus shifts to the Federal Reserve decision due Wednesday. The Dow Jones Industrial Average gained 1.1%, or 368 …

31 January 2023
Market awaits FOMC meeting and US Non-Farm data release

The Nasdaq 100, tumbled almost 2%. The S&P 500 and the Dow Jones slashed 1.30% and 0.77% of their value as traders prepared for the US Federal Reserve Open Market Committee (FOMC) decision on Wednesday. Hence, a busy US economic …

30 January 2023
Slower Inflation pressure, softer Fed?

U.S. equities enjoyed another rally on Friday to close the week on a positive note. The Dow Jones Industrial Average climbed 0.08% to close at 33978.08. The S&P 500 gained 0.25% to close at 4070.56. The tech-heavy Nasdaq Composite rose …

30 January 2023
Week ahead: All eyes on US jobs data, BoE and ECB rate statements

The US jobs data and rate statements from the Bank of England (BoE) and the European Central Bank (ECB) are currently the focus of attention for many market participants. These announcements have the potential to significantly impact global financial markets, …

27 January 2023
US GDP expanded faster than expected

U.S. equities marched higher over the course of Thursday’s trading. The Dow Jones Industrial Average rose 0.61% to close at 33949.41. The S&P 500 climbed 1.1% to close at 4060.43. The tech-heavy Nasdaq Composite gained 1.76% to close at 11512.41. …

26 January 2023
Market awaited US GDP and Jobless Claims data

U.S. equities closed mostly mixed throughout Wednesday’s trading. The Dow Jones Industrial Average gained 0.03% to close at 33743.84. The S&P 500 lost 0.02% to close at 4016.22. The tech-heavy Nasdaq Composite lost 0.18% to close at 11313.36. U.S. equities …

25 January 2023
Microsoft shares increased after earnings exceeded expectations

U.S. equities struggled to maintain their recent rally throughout Tuesday’s trading. The Dow Jones Industrial Average gained 0.31% to close at 33733.96. The S&P 500 slipped 0.07% to close at 4016.95. The tech-heavy Nasdaq Composite lost 0.27% to close at …

24 January 2023
Stock rose as influential segment started earnings season

The equity market rallied two consecutive days on Monday, as the most influential segment of the US stock is about to kick off earnings in a test of the S&P500’s 12% surge from its October low. Giants like Microsoft Corp. …

23 January 2023
Week ahead: Markets to focus on US GDP and Bank of Canada

Markets will focus on the US Gross Domestic Products (GDP) report and the Bank of Canada (BoC) interest rate decision this week. Analysts have various predictions for the GDP reading in the US for Q4 of 2022 after the economy …

23 January 2023
Fed officials eased concerns about aggressive policy moves

US stock erased some of the week’s losses on Friday, as a tech rally buoyed risk sentiment and comments by Federal Reserve officials dialled back fears of overly aggressive policy moves. The Fed Governor Christopher Waller said the policy looks …