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DAILY MARKET ANALYSIS

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

17 May 2023
Stocks Slide as Home Depot Disappoints and Debt Ceiling Talks Intensify

Stocks experienced a decline on Tuesday, influenced by Home Depot’s underwhelming forecast. The financial market also focused on a crucial meeting between President Joe Biden and congressional leaders regarding the U.S. debt ceiling. The Dow Jones Industrial Average closed below …

16 May 2023
Debt Ceiling Negotiations and Economic Data Influence Stock Market, Retail Reports Awaited

The S&P 500 experienced a slight increase at the beginning of the week as traders analyzed ongoing negotiations regarding the debt ceiling. The broader index rose by 0.3% to reach 4,136.28 points. Meanwhile, the Dow Jones Industrial Average ended its …

15 May 2023
Week Ahead: Markets to Focus on US Retail Sales and Australia Wage Price and Employment Change

The financial industry anticipates major economic reports this week, focusing on the US Retail Sales and Australia Wage Price Index and Employment Change. These reports are crucial for traders navigating the markets and making informed decisions. NY Empire State Manufacturing …

12 May 2023
US Stock Futures Stable as Elon Musk Steps Down as Twitter CEO; Dow Jones Faces Fourth Consecutive Loss

US stock futures remained relatively stable on Thursday night, with the Dow Jones Industrial Average futures up 0.08%, while the S&P 500 and Nasdaq 100 futures increased by 0.12%. Elon Musk announced he would be stepping down as the CEO …

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