Market Analysis

26 December 2023
Week ahead: Santa Claus rally and holiday season take centre stage

With no high-impact news expected, the market’s attention will be focused on the holiday season this week. Investor sentiment is likely to be influenced by holiday festivities, resulting in increased shopping activity and the investment of holiday bonuses. Additionally, the …

22 December 2023
S&P 500 and Tech Leaders Lead Market Recovery, Forex Eyes USD Downtrend

Thursday witnessed a strong comeback for stocks, with the S&P 500, Dow Jones, and Nasdaq rebounding significantly, nearing their record highs. Micron Technology’s stellar performance fueled tech stocks, while companies like Salesforce contributed to the climb. This turnaround followed a …

21 December 2023
Futures Show Modest Gains Amidst Micron’s Surge, Eyes on Economic Data, and Nike’s Earnings

Stock futures edged higher after a recent market pause, with S&P 500, Nasdaq 100, and Dow Jones futures indicating slight upticks. Micron’s notable postmarket leap of over 4% propelled optimism after surpassing Wall Street’s projections for its first fiscal quarter. …

20 December 2023
S&P 500 Nears Record High on Fed’s Optimism, Energy Stocks Surge, and Currency Markets Fluctuate

The stock market witnessed a strong surge, propelling the S&P 500 close to its all-time high after significant gains fueled by the Federal Reserve’s positive stance on interest rates. The Dow Jones Industrial Average and Nasdaq Composite also experienced substantial …

19 December 2023
S&P 500 Continues Winning Streak, Tech Giants Propel Communication Sector, and Currency Markets Navigate Fed Rate Cut Speculations

The stock market witnessed a persistent upward trend with the S&P 500 maintaining a seven-week winning streak, inching closer to its previous all-time high. While the Dow Jones Industrial Average showed marginal movement, the S&P 500 surged by 0.45%, notably …

18 December 2023
Week ahead: Markets to focus on Bank of Japan rate decision and UK, Canada inflation data

This week, the market’s focus will primarily revolve around the Bank of Japan’s rate decision. Investors are eagerly anticipating any statements from the bank’s governor Kazuo Ueda, especially after observing the impact of the strong Japanese Yen arising from a …

15 December 2023
Stock Market Hits Record Highs: Dow Jones, S&P 500, and Nasdaq Surge Amidst Rate Cut Speculation

The stock market soared to record highs as the Dow Jones Industrial Average closed at 37,248.35 points, marking a 0.43% increase, spurred by a drop in the 10-year Treasury note yield. This surge resonated in the S&P 500 and Nasdaq, …

14 December 2023
Fed’s Rate Cut Signals Propel Stock Market to Record Highs

The stock market surged to historic heights as the Dow Jones Industrial Average closed above 37,000 for the first time, fueled by the Federal Reserve’s indication of upcoming rate cuts amidst eased inflation projections. This move drove notable gains across …

13 December 2023
S&P 500, Dow Jones, and Nasdaq Reach New Highs Amid CPI Figures, Oracle and Macy’s Impact Sector Dynamics

Despite the S&P 500, Dow Jones, and Nasdaq reaching new peaks amidst the consumer price index (CPI) rising as anticipated, the market remains divided in response. Analysts note both bullish and bearish sentiments, with investors bracing for potential strategic investment …

12 December 2023
Market Futures Stagnate Amidst Inflation Anxiety: Wall Street Prepares for Crucial Data & Oracle’s Decline

Stock futures showed minimal movement as Wall Street tracked the market’s resilience against impending inflation data. Modest increases in Dow Jones futures contrasted slight declines in S&P 500 and Nasdaq 100 futures, indicating a sustained end-of-year rally with indices securing …