Market Analysis

2 May 2023

US Stock Market Sees Monthly Gains, Investors Await Federal Reserve Meeting and Earnings Reports

On Friday, the Dow Jones Industrial Average saw an increase, achieving its best monthly performance since January. The blue-chip index finished 0.8% higher, with the S&P 500 and the Nasdaq Composite also recording gains. The Dow rose by 2.5% for …

2 May 2023

Week ahead: Markets to Focus on Major Central Banks Rate Statements and US Employment Report

This week, market participants await the release of highly awaited economic reports, which will highlight key indicators such as Rate Statements in the US and Australia, as well as Employment Change in the US and Canada. These reports have immense …

28 April 2023

US Stocks Gain on Tech Earnings Despite GDP Miss

On Thursday, the US stock market closed higher due to solid earnings from Meta Platforms, which boosted tech-related companies. The Dow Jones Industrial Average increased by 1.57% to 33,826.16, the Nasdaq Composite rose 2.43% to 12,142.24, and the S&P 500 …

27 April 2023

First Republic Bank concerns overshadow Big Tech excitement as Dow Jones loses over 200 points

Investor worries over First Republic Bank overshadowed excitement around Big Tech earnings, causing the Dow Jones Industrial Average to lose more than 200 points. First Republic Bank slid nearly 30%, extending losses after falling almost 50% on Tuesday. The regional …

26 April 2023

Strong Earnings from Big Tech Firms Drive US Stock Futures Higher, First Republic Bank’s Deposit Drop Raises Concerns

Big Tech earnings, led by Alphabet and Microsoft, boosted US stock futures on Tuesday evening. Dow Jones Industrial Average futures gained 0.1%, S&P 500 futures added 0.4%, and Nasdaq 100 futures increased by 1.2%. Microsoft beat Wall Street’s expectations in …

25 April 2023

Nasdaq Slips as Investors Await Tech Earnings Reports and Economic Data

On Monday, the Nasdaq Composite dropped as investors awaited corporate earnings reports from major tech companies and new economic data. The tech-heavy index closed at 12,037.20, down 0.29%, while the Dow Jones Industrial Average ended up 0.2% and the S&P …

24 April 2023

Dow Jones Closes Flat as Investors Evaluate Earnings Reports and Fear Underwhelming Profits in the Future

On Friday, the Dow Jones Industrial Average saw little change and ended the week in the red as investors analyzed earnings reports and concerns about underwhelming profits. The Dow rose 22.34 points, or 0.07%, to close at 33,808.96, while the …

24 April 2023

Week ahead: All eyes on BOJ Rate Statement, US Advance GDP and Core PCE Price Index

Market participants anticipate several critical economic reports this week, including the BOJ Rate Statement, US Advance GDP, and Core PCE Price Index. These key reports will provide valuable insights and help investors and traders make informed decisions. Don’t miss out …

21 April 2023

U.S. Stock Futures Steady as Earnings Uncertainty Looms

On Thursday night, U.S. stock futures showed little movement, with the Dow Jones Industrial Average futures dropping slightly by 18 points or 0.05%. S&P 500 futures remained unchanged, while Nasdaq 100 futures rose 0.07%. During regular trading on Thursday, the …

20 April 2023

Stock Futures Dip as Investors Evaluate Corporate Earnings

Stock futures were slightly down on Wednesday night as investors evaluated the latest corporate earnings reports. The Dow Jones Industrial Average futures lost 43 points or 0.1%, while the S&P 500 futures dropped 0.2%, and Nasdaq-100 futures slipped 0.3%. Investors …