Today’s Analysis

    16 June 2023
    Stocks Surge as Investors Anticipate Fed’s Pause on Rate Hikes

    On Thursday, the Dow Jones Industrial Average experienced a significant rally, surging over 400 points, and the S&P 500 reached a 13-month high. Investors speculated that the Federal Reserve would refrain from further interest rate hikes after the central bank …

    15 June 2023
    Stock Market Reacts to Fed’s Mixed Signals on Rate Hikes and Inflation

    Stocks experienced volatility on Wednesday as the Federal Reserve took a pause in its rate-hiking campaign while signaling progress in combating inflation. Despite this, the central bank also indicated its intention to implement two more rate hikes later in the …

    15 June 2023
    Stock Market Reacts to Fed’s Mixed Signals on Rate Hikes and Inflation

    Stocks experienced volatility on Wednesday as the Federal Reserve took a pause in its rate-hiking campaign while signalling progress in combating inflation. Despite this, the central bank also indicated its intention to implement two more rate hikes later in the …

    14 June 2023
    Stocks Rise on Slowing Inflation Data, Fed Rate Hike Speculation

    Stocks climbed as new inflation data revealed a slowdown in price pressures in May, fueling optimism among investors that the Federal Reserve might opt to forgo a rate hike during its upcoming policy decision this week. The Dow Jones Industrial …

    13 June 2023
    S&P 500 Surges to 13-Month High Amid Optimism Over Fed Rate Hike Decision

    The S&P 500 soared to its highest level in over a year as traders anticipated that the Federal Reserve would refrain from raising interest rates during their policy meeting. The index closed at 4,338.93, surpassing its previous high from August …

    9 June 2023
    U.S. Stock Futures Dip Despite S&P 500’s Record High; DocuSign Surges After Beating Expectations

    U.S. stock futures experienced a slight decline on Thursday night, even as the S&P 500 reached its highest closing level of the year. Dow Jones Industrial Average futures dropped by 54 points, equivalent to 0.16%, while S&P 500 futures saw …

    8 June 2023
    Market Fluctuates Near Highs as Tech Boost Fades, Regional Banks Surge, and Trade Deficit Widens

    On Wednesday, both the S&P 500 and Nasdaq Composite closed lower, hovering near their highest closing levels since August 2022. The S&P 500 slipped by 0.38%, settling at 4,267.52, while the Nasdaq Composite declined by 1.29%, ending at 13,104.89. However, …

    7 June 2023
    S&P 500 Hits Highest Close of 2023, Coinbase Faces SEC Lawsuit

    On Tuesday, the S&P 500 reached its highest close since the beginning of 2023, reflecting a recent rally that propelled the index to its strongest level in nine months. The broad-market index added 0.24% to finish at 4,283.85, marking its …

    6 June 2023
    Stocks Slip as Market Consolidates Gains, Eyes Fed’s Inflation Target

    On Monday, the S&P 500 ended the day lower, wiping out earlier gains that had brought the index to its highest level in nine months. The S&P 500 lost 0.2%, closing at 4,273.79, while the Nasdaq Composite dipped 0.09% to …

    2 June 2023
    Stocks Rise as U.S. House Passes Debt Ceiling Bill, Earnings Reports Impact Market

    Stocks experienced gains as the U.S. House of Representatives successfully passed a debt ceiling bill, reducing the risk of a default. Despite a 4.7% decline in Salesforce shares following their earnings report, the Dow Jones Industrial Average rose by 0.47%, …

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