About: anakin

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Market Focus The broad U.S. equity markets retreated on Wednesday’s trading. Indices fell from their previous record closes. The S&P 500 lost 0.51% to close at 4551.68, the Dow lost 0.74% to close at 35490.69, and the Nasdaq traded sideways to close at 15235.84. Wednesday’s market retreat was led by the energy sector as oilContinue Reading

Market Focus The broad U.S. equity market enjoyed another session of gains fueled by healthy corporate earnings. The S&P 500 and the DJIA notched another record close—the S&P 500 gained 0.18% to close at 4574.79, while the DJIA gained 0.04% to close at 35756.88; on the other hand, the tech heavy Nasdaq gained 0.06% toContinue Reading

Market Focus US markets started this week with outperformance as major tech companies’ earnings on deck. The Dow Jones Industrial Averages closed at record highs while the Nasdaq rose 0.9% on Monday. The S&P 500 also traded at record highs, boosted by a 12% surge in Tesla’s share as it hit $1 trillion market capitalizationContinue Reading

Market Focus All three major U.S. stock indices recorded weekly gains on the back of better than expected 3rd quarter earnings results from major companies. The Dow notched another record close on Friday to close at 35677.02. The S&P 500 lost 0.1% to close at 4544.9, while the Nasdaq lost 0.8% to close at 15090.2.Continue Reading

Market Focus US markets were mixed amid strong earning reports from companies and upcoming Fed’s tapering move. The S&P 500 continued to notch a new record, and the tech- heavy weighted Nasdaq Composite rose 0.6% on Thursday. The Dow Jones Industrial Averages closed a bit lower after reaching a all- time high on Wednesday, droppingContinue Reading

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