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Daily Market Analysis

29 February 2024
Stock Market Dips Ahead of Key Inflation Report, Tech Shares and Dollar Movements in Focus

On Wednesday, stocks saw a decline as investors awaited an important inflation report due later in the week, with the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average all experiencing losses. Notable decliners included UnitedHealth, Intel, Alphabet, and Urban …

28 February 2024
Mixed Stock Market Results as Investors Await Inflation Data; Currency Market Sees Nuanced Movements

On Tuesday, the stock market displayed mixed outcomes with the S&P 500 and Nasdaq Composite experiencing slight gains, while the Dow Jones Industrial Average faced a minor decline amidst anticipation for upcoming inflation data. Corporate earnings, particularly from Macy’s and …

27 February 2024
Stocks Dip Amid Inflation Data Anticipation, Amazon Joins Dow

On Monday, the stock market experienced a downturn, with the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average all closing lower, moving away from recent record highs. This shift comes as investors brace for a slew of economic data, …

26 February 2024
Week ahead: RBNZ rate, US economic indicators eyed

As we approach the end of February 2024, the financial world turns its focus towards a series of crucial economic updates slated for release. These reports, spanning from Japan’s inflation rates to the ISM Manufacturing PMI in the United States, …

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