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DAILY MARKET ANALYSIS

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

30 August 2023
Tech Stocks Rally as Nasdaq Gains Over 1% in August’s Final Days

Investors rallied around tech stocks, propelling the Nasdaq Composite up by more than 1% on Tuesday, seeking respite in the closing stages of a challenging August for the market. The tech-centric index surged 1.74% to reach a closing figure of …

29 August 2023
Stocks Rebound as August Nears End, Tech Seeks Recovery

Stocks started the final trading week of August on a positive note, with Wall Street striving to recover from a month of losses. The Dow Jones Industrial Average surged by 0.62%, gaining 213.08 points to close at 34,559.98. The S&P …

28 August 2023
Week Ahead: All Eyes on Australia’s CPI, US Core PCE Price Index, and US Jobs Report

This week, keep a close watch on Australia’s Consumer Price Index (CPI), the US Core Personal Consumption Expenditure (PCE) Price Index, and the US Jobs Report. These indicators could substantially impact market sentiment, amplifying the need for traders to exercise …

25 August 2023
Tech Rally Fizzles as Stocks Tumble Amidst Fed Chairman’s Speech Anticipation

In a dramatic turn of events, the stock market experienced a sharp decline following a brief surge triggered by Nvidia’s impressive quarterly results. As the tech rally faded, investors also braced themselves for a significant address from Federal Reserve Chairman …

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