About: anakin
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Daily Market Analysis Market Focus US markets traded higher following the release of consumer prices index. Consumer prices increased slightly more than expected in September. The rises of food and energy prices offset the declines of used vehicles prices, according to the Labor Department. US social security cost- of- living adjustment will be adjusted 5.9%Continue Reading
Written on October 14, 2021 at 7:16 am
Categories: Today's Analysis
Daily Market Analysis Market Focus All major U.S. stock indices closed lower for the second straight day. The Dow lost 0.34% to close at 34378.34, the S&P lost 0.24% to close at 4350.65, and the Nasdaq lost 0.14% to close at 14465.93. Poor performance in the communications sector dragged most indices lower, while strong gainsContinue Reading
Written on October 13, 2021 at 7:22 am
Categories: Today's Analysis
Daily Market Analysis Market Focus US markets started the week with gloomy mood as the Dow Jones shed 0.7%, and the S&P 500 dropped 0.7% while the Nasdaq Composite dipped 0.6%. Stocks were mostly positive for most of the day, but selling pressure increased in the final hour, with the major indices closing the sessionContinue Reading
Written on October 12, 2021 at 7:25 am
Categories: Today's Analysis
Market Focus The broad U.S. equity market closed lower on Friday’s trading, but most indices closed the week with gains. The Dow gained 0.8% over the week, the S&P 500 gained 1.2% over the week, and the Nasdaq gained 0.1% over the week. Despite the Senate passing a short-term extension to the debt limit onContinue Reading
Written on October 11, 2021 at 7:00 am
Categories: Today's Analysis
Daily Market Analysis Market Focus US markets rallied on Thursday as lawmakers finally reached a deal to increase the debt ceiling in the short- term. In short, the Dow Jones jumped roughly 1%; the Nasdaq rose 1.1% while the S&P climbed 0.8%. The majority of stocks turns upside as investors temporary relieve on the newsContinue Reading
Written on October 8, 2021 at 7:46 am
Categories: Today's Analysis
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