About: anakin
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Daily Market Analysis Market Focus US equity market was quiet on Tuesday as investors are waiting for the big CPI release on Thursday. The three big equity indices moved less than 0.1% at the end of the day. Meanwhile, the 10-year Treasury yield fell to the lowest in a month, trading at 1.536%. The economistContinue Reading
Written on June 9, 2021 at 1:04 am
Categories: Today's Analysis
Daily Market Analysis Market Focus US equity market was mixed as investors remain clueless about Fed’ upcoming move given last Friday’s Non-Farm Payroll data miss. The S&P 500 and Dow Jones Industrial Average closed in the red, down 0.08% and 0.36% respectively. On the other hand, the Nasdaq 100 climbed 0.23% as Biogen Inc. soaredContinue Reading
Written on June 8, 2021 at 2:59 am
Categories: Today's Analysis
Daily Market Analysis Market Focus US equities advanced albeit disappointing Non-Farm Payroll data. Technology shares led the gains on Friday with the Nasdaq 100 index up 1.8%. Meanwhile S&P 500 and Dow Jones Industrial Average climbed 0.9% and 0.5% respectively. Traders struggle to find clues on the Fed’s next moves amid soft jobs data. TheContinue Reading
Written on June 7, 2021 at 2:41 am
Categories: Today's Analysis
Daily Market Analysis Market Focus US equities fell amid upbeat economic data, and investors are growing concern that strong data may push the Federal Reserve to withdraw from the easy monetary policy sooner than expected. Tech shares led the decline with the Nasdaq 100 index dipped 1.07% on Thursday. In the S&P 500, Utilities andContinue Reading
Written on June 4, 2021 at 2:20 am
Categories: Today's Analysis
Daily Market Analysis Market Focus US equities rose on Wednesday amid mixed investment sentiment. The three big indices closed in the positve territory. The S&P 500 edged 0.14% higher with Energy stocks continue to outperform, and Materials shares lagged. Meme stocks are making a comeback. AMC Entertainment Holding Inc. soared as much as 125% toContinue Reading
Written on June 3, 2021 at 1:28 am
Categories: Today's Analysis
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