About: josephine
Recent Posts by josephine
Stock rose as influential segment started earnings season
The equity market rallied two consecutive days on Monday, as the most influential segment of the US stock is about to kick off earnings in a test of the S&P500’s 12% surge from its October low. Giants like Microsoft Corp. and Texas Instruments Inc. are set to report results that will help shape the fate Continue Reading
Market awaits US CPI report on Thursday
U.S. equities continued to march higher over the course of Tuesday’s trading. During his scheduled speech at the Swiss Riksbank, Fed chair Jerome Powell kept muted about the Fed’s upcoming monetary policy directions. Market participants thus interpreted the muted response as a positive sign for equities; furthermore, the upcoming CPI report, scheduled for Thursday’s American Continue Reading
US CPI to be released today
U.S. equity indices marched higher throughout Wednesday’s trading. Markets continue to expect risk-on sentiment before the release of the U.S. CPI report, which is scheduled to be released during today’s American trading session. The Dow Jones Industrial Average rose 0.8% to close at 33973.01. The S&P 500 climbed 1.28% to close at 3969.61. The tech-heavy Continue Reading
US inflation is slower at 6.5%
U.S. equities continued to march higher throughout Thursday’s trading. The initial CPI release sparked a downward spike across the three major equity indices, but as the American trading session began, all equity indices turned positive and closed higher by the bell. The Dow Jones Industrial Average gained 0.64% to close at 34189.97. The S&P 500 Continue Reading
US inflation slows down, Fed to keep raising the interest rate
U.S. equities continued to climb on the last trading day of the week. All 3 major indices closed the week out in positive territory amid easing concerns over inflation. The Dow Jones Industrial Average rose 0.33% to close at 34302.61. The S&P 500 gained 0.4% to close at 3999.09. The tech-heavy Nasdaq Composite climbed 0.71% Continue Reading
