About: anakin

Recent Posts by anakin

Stock Market Resilience Amidst Rising Bond Yields and Economic Challenges in September

On Monday, the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average rebounded, breaking a four-day losing streak, with the 10-year Treasury yield reaching its highest level since 2007. Dow Inc. led gains, spurred by an upgrade from JPMorgan, while energy sectors thrived, notably with Amazon’s $4 billion investment in an AI firm. Despite September’sContinue Reading

Written on September 26, 2023 at 2:23 am
Categories: Today's Analysis

Week Ahead: Markets to Focus on US Final GDP and US CPI

As we approach the last week of September, two crucial economic indicators for the US will be released: the final Gross Domestic Product (GDP) and the Consumer Price Index (CPI). These can strongly affect currency values, so we recommend traders to be cautious and stay informed about the latest news to make wise trading decisionsContinue Reading

Written on September 25, 2023 at 4:08 am
Categories: Week Ahead

Stocks Decline Amid Rising Treasury Yields and Government Shutdown Fears

On Thursday, stock markets witnessed a notable decline driven by mounting concerns over surging Treasury yields and the looming threat of a government shutdown. Major indexes, including the Dow Jones, S&P 500, and Nasdaq, posted significant losses for the third consecutive day, with the S&P 500 recording its worst session since March. This anxiety wasContinue Reading

Written on September 22, 2023 at 3:14 am
Categories: Today's Analysis

Fed’s Rate Hike Signal Sparks Stock Market Selloff and Dollar Rollercoaster

On Wednesday, the stock market witnessed a downturn triggered by the Federal Reserve’s decision to maintain interest rates while signaling a looming rate hike. The S&P 500 and Nasdaq Composite both declined, with tech giants such as Microsoft, Nvidia, and Alphabet experiencing significant drops. The Federal Reserve’s cautious approach to rate hikes due to inflationContinue Reading

Written on September 21, 2023 at 5:12 am
Categories: Today's Analysis

Stocks Dip as Investors Await Fed, Currency Market Trends Emerge

On Tuesday, the stock market experienced a decline as investors awaited the Federal Reserve’s policy meeting outcomes later in the week, resulting in the Dow Jones Industrial Average falling by 0.31%, the S&P 500 slipping by 0.22%, and the Nasdaq Composite dropping by 0.23%. Disney and Deere faced setbacks due to investment plans and downgrades,Continue Reading

Written on September 20, 2023 at 2:54 am
Categories: Today's Analysis