Category Archives: Today’s Analysis
Written on October 21, 2021 at 5:26 am, by anakin
Market Focus US markets were mixed on Wednesday with the major indices hovering slightly below all time highs. The Dow Jones jumped 0.4% to a new high whilst the S&P 500 rose for 6th straight- day as a parade of strong earnings results boosted the equities; the Nasdaq dropped 0.05%. Recent rallies of US marketsContinue Reading
Written on October 20, 2021 at 6:33 am, by anakin
Market Focus US markets headed to north on Tuesday as major companies continued to report their strong Q3 earnings, easing concerns of persistent pandemic cases and inflations. The Dow Jones Industrial Averages climbed 0.6%; the S&P 500 rose 0.7% whilist the Nasdaq Composite advanced 0.7%. Notably, the S&P 500 is back in the rally mode,Continue Reading
Written on October 19, 2021 at 6:46 am, by anakin
Market Focus US stocks were mixed amid inflation concerns on Monday; investors bet on a continuation of strong earning reports from major companies while concerned the prospect of a tightening monetary policy to restrain inflation. The Dow Jones Industrial Average declined 0.1% while the S&P 500 climbed 0.3%; at the same time, the Nasdaq roseContinue Reading
Written on October 18, 2021 at 4:34 am, by anakin
Market Focus The broad U.S. equity market enjoyed another positive day on Friday to close out the week with positive gains. Strong 3rd quarter earnings and healthy consumer spending propelled stocks higher on Friday. The S&P 500 gained 0.7% to close at 4471.37, the Dow advanced 1.1% to 35294.76, and the Nasdaq gained 0.5% toContinue Reading
Written on October 15, 2021 at 6:46 am, by anakin
Market Focus The U.S. equity market enjoyed a broad based gain on Thursday’s trading. The S&P 500 gained 1.7% to close at 4438.26, the DJIA gained 1.6% to close at 34912.56, and the Nasdaq gained 1.7% to close at 14823.43. Stocks were boosted by healthy corporate earnings and better than anticipated economic data. Goldman Sachs,Continue Reading
Written on October 14, 2021 at 7:16 am, by anakin
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 13, 2021 at 7:22 am, by anakin
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 12, 2021 at 7:25 am, by anakin
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 11, 2021 at 7:00 am, by anakin
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 8, 2021 at 7:46 am, by anakin
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
