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Daily market analysis

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26 May 2023
Tech Stocks Surge as Nvidia’s Strong Results Ignite Investor Enthusiasm Amid U.S. Debt Ceiling Talks

On Thursday, the S&P 500 and Nasdaq Composite experienced gains driven by positive quarterly results from Nvidia, leading to a surge in technology stocks. The Nasdaq rose by 1.71% to close at 12,698.09, while the S&P 500 increased by 0.88% …

25 May 2023
Dow Jones Falls as Debt Ceiling Concerns Mount

The Dow Jones Industrial Average extended its decline for the fourth consecutive day amidst mounting concerns over a potential default as U.S. lawmakers struggled to reach an agreement on the country’s debt ceiling. The Dow dropped 255.59 points, or 0.77%, …

24 May 2023
Stocks Slide as Debt Ceiling Negotiations Show Little Progress

Stocks experienced a decline on Tuesday as discussions regarding the debt ceiling continued with minimal signs of advancement. The S&P 500 dropped 1.12% to settle at 4,145.58, while the Nasdaq Composite pulled back 1.26% to close at 12,560.25. The Dow …

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