Category Archives: Today’s Analysis

U.S. stock futures held steady after a month marked by losses across major indices, as the Nasdaq Composite and S&P 500 finally halted their four-day negative streak. Futures tied to the Dow Jones Industrial Average dipped slightly by 0.1%, while S&P 500 and Nasdaq 100 futures also saw marginal declines of the same magnitude. DuringContinue Reading

The stock market endured its third consecutive session of decline as investors grappled with the latest earnings reports and economic indicators, compounded by a surge in interest rates to new highs. The Dow Jones Industrial Average experienced a notable drop of 290.91 points, or 0.84%, marking its first close below the 50-day moving average sinceContinue Reading

Stock markets experienced declines on Wednesday as investors absorbed insights from the Federal Reserve’s July meeting, which hinted at the possibility of raising interest rates. The Dow Jones Industrial Average dropped by 0.52%, concluding at 34,765.74, while the S&P 500 decreased by 0.76% to settle at 4,404.33. The Nasdaq Composite also saw a decline ofContinue Reading

Stock markets experienced a significant decline on Tuesday, driven by mounting apprehensions about the global economy, particularly China, and a downturn in the U.S. banking sector. The Dow Jones Industrial Average dropped by 361.24 points, or 1.02%, closing at 34,946.39, ending its three-day positive streak. The S&P 500 retreated by 1.16%, closing at 4,437.86, slippingContinue Reading

On Monday, US stocks rebounded with the S&P 500 and Nasdaq Composite both gaining ground. The broader market index rose 0.58%, closing at 4,489.72, while the Nasdaq surged by 1.05% to end at 13,788.33. In contrast, the Dow Jones Industrial Average edged up 0.07%, finishing at 35,307.63. Nvidia, a key chip company, saw a notableContinue Reading

The Dow Jones Industrial Average saw a modest increase on Thursday, propelled by a surge in Disney’s stock following their post-earnings announcement of a price hike for ad-free Disney+ subscriptions. The market was also buoyed by a key inflation report that revealed slightly lower year-over-year inflation growth than economists had predicted. The blue-chip index gainedContinue Reading

On Wednesday, the stock market witnessed a downward shift as investors braced themselves for upcoming inflation data and evaluated a series of diverse earnings reports. The Dow Jones Industrial Average concluded the trading session with a loss of 0.54%, shedding 191.13 points to reach a closing figure of 35,123.36. Similarly, the S&P 500 registered aContinue Reading

Stocks experienced a renewed downward trend on Tuesday, triggered by a credit rating downgrade of the banking sector from Moody’s in the midst of an August selloff. The Dow Jones Industrial Average closed with a loss of 158.64 points, or 0.45%, settling at 35,314.49, while the S&P 500 ended down 0.42% at 4,499.38, reflecting aContinue Reading

The Dow Jones Industrial Average commenced the week with a robust surge of 1.16%, gaining 407.51 points to conclude at 35,473.13, marking its most substantial upswing since June 15. Buoyed by a nearly 4% rally from Amgen, the blue-chip index received a notable boost. In tandem, the S&P 500 climbed by 0.9% to settle atContinue Reading

The S&P 500 continued its decline for a third day in a row, grappling with the impact of rising bond yields and mixed corporate earnings results. The index fell 0.25%, closing at 4,501.89, while the Dow Jones Industrial Average also lost 0.19%. The Nasdaq Composite inched down by 0.1% at the end of the tradingContinue Reading