About: anakin
Recent Posts by anakin
Jerome Powell committed to preventing long-term US inflation
US shares were mixed, fluctuating on Wednesday after the major US indices failed to attempt a bounce in the previous trading session. The market prepared to finish to close out the worst first half of the year since 1970. The Dow Jones Industrial Average closed 0.27% higher. The S&P 500 dropped 0.07% while the NasdaqContinue Reading
Written on June 30, 2022 at 12:14 am
Categories: Today's Analysis
Jen Stoltenberg said NATO has reached a deal with Turkey to admit Finland and Sweden
US shares fell heavily on Tuesday following the release of CB Consumer Confidence, worse- than- expected. In the meantime, markets and investors are worried about oil prices stably staying at the high price while the Fed is not interested in slowing down. The Dow Jones Industrial Average dropped 1.56%. The Nasdaq Composite slid 3%, toContinue Reading
Written on June 29, 2022 at 12:13 am
Categories: Today's Analysis
Russia has entered its first major foreign debt default, as the payment period expires
US shares edged lower to start the week following a major rebound from last Friday. The Dow Jones Industrial Average dropped 0.2%, to 31,438.26. The Nasdaq Composite declined 0.7% while the S&P 500 fell 0.3% at the end of the day. US stocks struggled to turn upside down on Monday as investors weighed whether theContinue Reading
Written on June 28, 2022 at 12:23 am
Categories: Today's Analysis
G-7 countries announced gold sanctions against Russia
US shares rallied on Friday, rebounding off the lows of the bear market. In the meantime, the bounce-back of the US shares capped its first weekly advance since May. The Dow Jones Industrial Average advanced 2.68%, 823.32 points. The S&P 500 jumped 3.06%, and the Nasdaq Composite rallied 3.34% to 11,607.62 on Friday. All threeContinue Reading
Written on June 27, 2022 at 12:03 am
Categories: Today's Analysis
US stock advanced on Thursday and recovered some ground after registering minimal losses on Wednesday, as the falling US 10-year Treasury yield made stocks relatively attractive. During the testimony before the House Financial Services Committee on Monetary Policy and the State of the Economy, FOMC Chairman Jerome Powell said that a big part of inflationContinue Reading
Written on June 24, 2022 at 12:35 am
Categories: Today's Analysis
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