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About: anakin
Recent Posts by anakin
S&P 500, Dow Jones, and Nasdaq Reach New Highs Amid CPI Figures, Oracle and Macy’s Impact Sector Dynamics
Despite the S&P 500, Dow Jones, and Nasdaq reaching new peaks amidst the consumer price index (CPI) rising as anticipated, the market remains divided in response. Analysts note both bullish and bearish sentiments, with investors bracing for potential strategic investment opportunities. Oracle’s 12% decline and Macy’s 8% drop affect sector dynamics, while currency markets respondContinue Reading
Written on December 13, 2023 at 3:00 am
Categories: Today's Analysis
Market Futures Stagnate Amidst Inflation Anxiety: Wall Street Prepares for Crucial Data & Oracle’s Decline
Stock futures showed minimal movement as Wall Street tracked the market’s resilience against impending inflation data. Modest increases in Dow Jones futures contrasted slight declines in S&P 500 and Nasdaq 100 futures, indicating a sustained end-of-year rally with indices securing multi-week gains. Investor sentiment faces a test with the upcoming release of the consumer priceContinue Reading
Written on December 12, 2023 at 2:26 am
Categories: Today's Analysis
Week ahead: Markets to focus on rate statements from SNB, BOE, ECB, and the Fed
This week, the market’s primary focus revolves around the rate decisions of major central banks as they convene for their final meetings in 2023. Aside from these pivotal central bank decisions, the market is also keeping a close eye on the US consumer price index and producer price index, given that signs of inflation couldContinue Reading
Written on December 11, 2023 at 2:10 am
Categories: Week Ahead
Market Rebounds as Tech Stocks Surge Ahead of Key Jobs Report
Stocks rebounded on Thursday, snapping a three-day decline for the Dow Jones Industrial Average and the S&P 500 ahead of the pivotal Friday jobs report. The S&P 500 surged by 0.80%, reaching 4,585.59, while the Dow added 62.95 points, marking a 0.17% increase to reach 36,117.38. The Nasdaq Composite soared by 1.37%, driven by strongContinue Reading
Written on December 8, 2023 at 2:48 am
Categories: Today's Analysis
U.S. Stocks Grapple with Downturn Amid Job Market Concerns
U.S. stocks experienced a downturn amidst fluctuating trends, impacted by a drop in inflation and looming job market reports. The Dow Jones and S&P 500 faced consecutive losses, a rare occurrence since October, despite initial optimism from economic indicators. Investors remain watchful, especially regarding upcoming labor-related data releases, notably the November nonfarm payrolls report. EuropeanContinue Reading
Written on December 7, 2023 at 2:40 am
Categories: Today's Analysis
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