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Market Analysis

26 January 2024
S&P 500 Hits New Record, Nasdaq Resilient Despite Tesla Slump

In a week marked by mixed market performance, the S&P 500 soared to a new closing record, while the Nasdaq faced challenges due to Tesla’s post-earnings decline. Positive economic indicators, including robust U.S. GDP growth and encouraging inflation data, influenced …

25 January 2024
Tech Surge Propels S&P 500 to Record Highs, but Mixed Performance for Dow Jones

On Wednesday, the stock market exhibited a blend of movements as the S&P 500 set a new record high, driven by a technology stock rally led by Netflix. While the S&P 500 and Nasdaq Composite saw positive gains, the Dow …

24 January 2024
Netflix’s Record-Breaking Subscribers Propel Tech Stocks, Nasdaq Futures Surge in 2024

After Netflix’s stellar fourth-quarter performance, Nasdaq 100 futures experienced a significant boost in Tuesday evening trading. Fueled by Netflix’s impressive subscriber growth of 13 million, reaching a record 260.8 million, tech-heavy Nasdaq 100 futures rose by 0.28%, contributing to the …

23 January 2024
Dow Surges Past 38,000, United Airlines’ Stock Soars After Q4 Results

On Monday, the Dow Jones Industrial Average achieved a historic high above 38,000, accompanied by a surge in United Airlines’ stock following strong fourth-quarter results. However, concerns about the grounding of Boeing 737 Max 9 planes led to an anticipated …

22 January 2024
Week Ahead: Markets to Focus on Rate Statements from Three Central Banks

Recent decisions by central banks have significantly influenced global markets. In December 2023, the Bank of Japan (BoJ) and the Bank of Canada maintained key interest rates, while the European Central Bank (ECB) sustained multi-year high rates to combat inflation. …

19 January 2024
Tech Rally Propels Stock Market Rebound as Apple Surges

On Thursday, a positive turnaround in the stock market was driven by strong performances from tech companies, notably Apple, following a buy rating upgrade from Bank of America. The Dow Jones Industrial Average gained 201.94 points, the Nasdaq surged by …

18 January 2024
Stocks Decline as Treasury Yields Surge, Dollar Hits 2024 Highs

On Wednesday, the stock market saw a downturn driven by increasing Treasury yields influenced by robust U.S. economic data. The Dow Jones Industrial Average posted its third consecutive day of losses, dropping by 0.25%, while the S&P 500 and Nasdaq …

17 January 2024
Dow Jones Declines, Boeing Slumps, and Currency Markets React to Fed’s Rate Hints

On Tuesday, the Dow Jones Industrial Average faced a 0.62% dip, closing at 37,361.12, influenced by increased bond yields and mixed fourth-quarter earnings. Boeing shares plummeted 7.9% due to a Wells Fargo downgrade, while AMD soared 8.3% on a positive …

16 January 2024
Global Markets Navigate Challenges as World Economic Forum Commences in Davos

European stocks faced a subdued start as U.S. markets remained closed, and the Stoxx 600 index ended down 0.5%, with travel stocks climbing 0.9% and household goods falling 1%. The German economy contracted by 0.3% in 2023 due to factors …

15 January 2024
Week Ahead: US and UK Economic Data in Focus

In the fast-paced world of trading, staying vigilant and well-informed is paramount for success. The upcoming week is filled with crucial economic events that traders should closely monitor to navigate the markets effectively. From employment figures in the UK to …