About: anakin
Recent Posts by anakin
Stocks Surge as Investors Anticipate Fed’s Pause on Rate Hikes
On Thursday, the Dow Jones Industrial Average experienced a significant rally, surging over 400 points, and the S&P 500 reached a 13-month high. Investors speculated that the Federal Reserve would refrain from further interest rate hikes after the central bank decided to skip a hike this week. The Dow Jones rose by 428.73 points (1.26%), Continue Reading
Written on June 16, 2023 at 5:45 am
Categories: Today's Analysis
Weekly Dividend Adjustment Notice – June 15, 2023
Dear Client, Please note that the dividends of the following products will be adjusted accordingly. Index dividends will be executed separately through a balance statement directly to your trading account, and the comment will be in the following format “Div & Product Name & Net Volume ”. Please refer to the table below for more Continue Reading
Written on June 15, 2023 at 8:46 am
Categories: Dividend
Stock Market Reacts to Fed’s Mixed Signals on Rate Hikes and Inflation
Stocks experienced volatility on Wednesday as the Federal Reserve took a pause in its rate-hiking campaign while signalling progress in combating inflation. Despite this, the central bank also indicated its intention to implement two more rate hikes later in the year. The S&P 500 managed to eke out a marginal gain, closing at 4,372.59 with Continue Reading
Written on June 15, 2023 at 3:22 am
Categories: Today's Analysis
Stocks Rise on Slowing Inflation Data, Fed Rate Hike Speculation
Stocks climbed as new inflation data revealed a slowdown in price pressures in May, fueling optimism among investors that the Federal Reserve might opt to forgo a rate hike during its upcoming policy decision this week. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all experienced gains, with the latter two indices reaching Continue Reading
Written on June 14, 2023 at 2:14 am
Categories: Today's Analysis
S&P 500 Surges to 13-Month High Amid Optimism Over Fed Rate Hike Decision
The S&P 500 soared to its highest level in over a year as traders anticipated that the Federal Reserve would refrain from raising interest rates during their policy meeting. The index closed at 4,338.93, surpassing its previous high from August and marking the best intraday and closing levels since April 2022. The Nasdaq Composite also Continue Reading
Written on June 13, 2023 at 3:45 am
Categories: Today's Analysis
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