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Market Analysis

26 July 2023
Dow Jones Extends Winning Streak Amid Earnings Reports and Fed Speculations

The Dow Jones Industrial Average achieved its longest winning streak in over six years as it closed higher on Tuesday. The index rose by 0.08%, or 26.83 points, reaching 35,438.07. This marked the 12th consecutive positive session for the 30-stock …

25 July 2023
Dow Jones Extends Winning Streak Amid Key Earnings Reports and Federal Reserve Policy Decision

The Dow Jones Industrial Average continued its impressive winning streak, marking the longest rally since February 2017, with an 11th consecutive day of gains. The 30-stock Dow rose 0.52%, reaching 35,411.24 points, supported by a 0.40% rise in the S&P …

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 …