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DAILY MARKET ANALYSIS

Stay on top of your trading with analyses of the latest market news.

20 December 2023
S&P 500 Nears Record High on Fed’s Optimism, Energy Stocks Surge, and Currency Markets Fluctuate

The stock market witnessed a strong surge, propelling the S&P 500 close to its all-time high after significant gains fueled by the Federal Reserve’s positive stance on interest rates. The Dow Jones Industrial Average and Nasdaq Composite also experienced substantial …

19 December 2023
S&P 500 Continues Winning Streak, Tech Giants Propel Communication Sector, and Currency Markets Navigate Fed Rate Cut Speculations

The stock market witnessed a persistent upward trend with the S&P 500 maintaining a seven-week winning streak, inching closer to its previous all-time high. While the Dow Jones Industrial Average showed marginal movement, the S&P 500 surged by 0.45%, notably …

18 December 2023
Week ahead: Markets to focus on Bank of Japan rate decision and UK, Canada inflation data

This week, the market’s focus will primarily revolve around the Bank of Japan’s rate decision. Investors are eagerly anticipating any statements from the bank’s governor Kazuo Ueda, especially after observing the impact of the strong Japanese Yen arising from a …

15 December 2023
Stock Market Hits Record Highs: Dow Jones, S&P 500, and Nasdaq Surge Amidst Rate Cut Speculation

The stock market soared to record highs as the Dow Jones Industrial Average closed at 37,248.35 points, marking a 0.43% increase, spurred by a drop in the 10-year Treasury note yield. This surge resonated in the S&P 500 and Nasdaq, …

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