Category Archives: Today’s Analysis
Written on March 8, 2022 at 1:19 am, by anakin
World equities again slid hard on Monday, following four consecutive weeks of declines as markets grew increasingly worried about higher energy prices and the Russia- Ukraine tension. The Dow Jones Industrial plunged more than 2% while the S&P 500 lost 3%, the worst day since October 2020. In the meantime, the Nasdaq 100 dropped 3.6%Continue Reading
Written on March 7, 2022 at 12:20 am, by anakin
Equities fell on Friday despite a better-than-expected jobs report as a worrying development in Ukraine weighed on the risk sentiment. The Dow Jones Industrial Average declined 0.53% and the S&P 500 dropped 0.79%; the Nasdaq 100 fell the hardest, moving down 1.66% on Friday. Moreover, the US economy notably added 678,000 jobs last month, aboveContinue Reading
Written on March 4, 2022 at 12:47 am, by anakin
US equities churned lower on Thursday, led by the tech sector as markets continued to monitor the war and negotiation in Ukraine. In the meantime, the Fed Chair Jerome Powell mentioned rates are headed higher despite of the uncertainty in Ukraine. The Dow Jones Industrial Average closed with 0.29% lower, and the S&P 500 declinedContinue Reading
Written on March 3, 2022 at 12:39 am, by anakin
Equities rebounded sharply on Wednesday despite of the intensifying conflict between Russia and Ukraine and a surge in crude oil price. At the same time, US equities moved higher after the testification of the Fed Chair Jerome Powell, implying that the policy rate is likely to hike in March regardless of the war in Ukraine.Continue Reading
Written on March 2, 2022 at 12:42 am, by anakin
Wall street three major indexes ended sharply on Tuesday, with the bank stocks tumbled due to falling U.S. Treasury yields and worries about the economic outlook after oil rose above $100 a barrel as Russia ramped up its crackdown on Ukraine. At the end of the market, the Dow Jones Industrial Average fell 1.76% toContinue Reading
Written on March 1, 2022 at 12:35 am, by anakin
Major indices declined on Monday following the weekend’s nuclear deterrent comment from Putin. However, equities market began splitting as the negotiation between Russia and Ukraine commenced. The Dow Jones Industrial Average declined 0.49% while the Nasdaq Composite closed higher at 0.41%; the S&P 500 closed slightly below the previous trading session, dropping 0.24% on Monday.Continue Reading
Written on February 28, 2022 at 3:16 am, by anakin
Market Focus Stocks closed out a volatile week of trading, rebounding on Friday as markets reassessed the information from the war between Russia and Ukraine. US major equities, the Dow Jones Industrial Average climbed 2.5%, while the S&P 500 added another 2.2% on Friday. The technology-heavy weighted Nasdaq Composite rose 1.6%, climbing back to theContinue Reading
Written on February 25, 2022 at 1:08 am, by anakin
Market Focus U.S. stocks staged a massive reversal Thursday after Wall Street’s main benchmarks each plunged more than 2% in early trading as Russia’s military invasion of Ukraine roiled financial markets around the globe. Nasdaq Composite rebounded from a morning sell-off that saw the index tumble more than 3% to close 3.4%, or 436 pointsContinue Reading
Written on February 24, 2022 at 12:28 am, by anakin
Market Focus Wall street three major indexes ended sharply lower on Wednesday, extending recent losses as Ukraine declared a state of emergency and the U.S. State Department said the possibility of a Russian invasion of Ukraine remained looming. Hence, as tensions escalate, the Dow is also facing a correction. Despite rising tensions and no signContinue Reading
Written on February 23, 2022 at 1:50 am, by anakin
Market Focus Wall street three major indexes tumbled on Tuesday, with the S&P 500 confirming a correction, as the Ukraine-Russia crisis unnerved investors after Russian President Vladimir Putin recognized two expanded borders of Luhansk and Donetsk and ordered troops to the area. In addition, the U.S. outlined new sanctions to prevent Russia from opening upContinue Reading
