Market Analysis

24 July 2023

Week Ahead: All Eyes on FOMC Meeting Minutes and ECB, BOJ Rate Decisions

This week’s economic calendar includes important events that can significantly impact the markets: the FOMC Meeting Minutes, as well as the ECB and BOJ Rate Decisions. Traders should be well-prepared for potential market volatility resulting from these announcements and be …

21 July 2023

Dow Jones Rises on Johnson & Johnson’s Earnings Beat, While Netflix and Tesla Struggle

The Dow Jones Industrial Average continued its impressive winning streak for the ninth consecutive day, fueled by the better-than-expected earnings results of pharmaceutical giant Johnson & Johnson. With a 6% rise in Johnson & Johnson’s shares, the Dow recorded its …

20 July 2023

Stocks Rise as Earnings Season Kicks Off with Dow’s Longest Winning Streak in Four Years

Stocks showed positive momentum on Wednesday during the ongoing corporate earnings season, with the Dow Jones Industrial Average achieving its longest winning streak in nearly four years. The Dow closed 0.31% higher, at 35,061.21 points, marking its eighth consecutive day …

19 July 2023

Strong Corporate Earnings Propel Dow Jones to New Highs

In a positive turn for investors, the Dow Jones Industrial Average soared on Tuesday as traders reacted to impressive corporate earnings reports. The Dow closed the day with a gain of 366.58 points, marking a 1.06% increase and reaching a …

18 July 2023

Wall Street Prepares for Earnings Season Amidst Optimism and Economic Uncertainty

In a positive start to the week, stock markets experienced gains as Wall Street braced itself for the release of quarterly reports from major global companies. The Dow Jones Industrial Average reached its highest closing level in 2023, adding 76.32 …

17 July 2023

Week Ahead: Markets to Focus on US Retail Sales and Canada, UK CPI

This week’s economic calendar features US Retail Sales figures, as well as inflation data from both the UK and Canada — all of which have the capacity to move markets significantly. Therefore, it is crucial for traders to be prepared …

14 July 2023

Stocks Rise as Inflation Data Eases Concerns

Stocks surged on Thursday as the latest inflation data came below expectations, leading to renewed optimism in the market. The S&P 500 and the Nasdaq Composite reached their highest levels in over a year, with the S&P 500 climbing 0.85% …

13 July 2023

Optimistic Data Spurs Stock Market Rise Amid Inflation Concerns

Stocks experienced a notable upswing on Wednesday as investors found hope in newly released data indicating the Federal Reserve’s potential to manage inflation without triggering a recession in the U.S. economy. The S&P 500 reached its highest level of the …

12 July 2023

US Stocks Rise as Traders Await Inflation Data

U.S. stocks experienced a rebound on Tuesday, following a three-session decline, as investors eagerly awaited the release of crucial inflation data later in the week. The Dow Jones Industrial Average closed with a 0.93% gain, rising by 317.02 points to …

11 July 2023

Wall Street Rebounds as Dow Rises and Investors Await Inflation Data and Earnings Season Kickoff

The Dow Jones Industrial Average rebounded on Monday, recovering from a previous week of losses. Investors were optimistic ahead of upcoming inflation data and the start of the second-quarter earnings season. The Dow rose by 0.62%, adding 209.52 points, while …