Today’s Analysis

22 August 2023
Stock Futures Stabilize as Nasdaq and S&P 500 Break Losing Streak Amid Rising Yields

U.S. stock futures held steady after a month marked by losses across major indices, as the Nasdaq Composite and S&P 500 finally halted their four-day negative streak. Futures tied to the Dow Jones Industrial Average dipped slightly by 0.1%, while …

18 August 2023
Stock Market Slides as Rates Rise and Earnings Data Digs In

The stock market endured its third consecutive session of decline as investors grappled with the latest earnings reports and economic indicators, compounded by a surge in interest rates to new highs. The Dow Jones Industrial Average experienced a notable drop …

17 August 2023
Stocks Slide as Fed Meeting Minutes Suggest Potential Rate Hike Amid Inflation Concerns

Stock markets experienced declines on Wednesday as investors absorbed insights from the Federal Reserve’s July meeting, which hinted at the possibility of raising interest rates. The Dow Jones Industrial Average dropped by 0.52%, concluding at 34,765.74, while the S&P 500 …

16 August 2023
Stock Market Slumps Amid Global Economic Concerns and Banking Sector Weakness

Stock markets experienced a significant decline on Tuesday, driven by mounting apprehensions about the global economy, particularly China, and a downturn in the U.S. banking sector. The Dow Jones Industrial Average dropped by 361.24 points, or 1.02%, closing at 34,946.39, …

15 August 2023
US Stocks Rebound as Tech and Chip Sectors Drive Gains, Amidst Mixed Market Trends

On Monday, US stocks rebounded with the S&P 500 and Nasdaq Composite both gaining ground. The broader market index rose 0.58%, closing at 4,489.72, while the Nasdaq surged by 1.05% to end at 13,788.33. In contrast, the Dow Jones Industrial …

11 August 2023
Dow Edges Higher on Disney Rally and Moderate Inflation Data

The Dow Jones Industrial Average saw a modest increase on Thursday, propelled by a surge in Disney’s stock following their post-earnings announcement of a price hike for ad-free Disney+ subscriptions. The market was also buoyed by a key inflation report …

10 August 2023
Stocks Decline Ahead of Inflation Data and Earnings Reports

On Wednesday, the stock market witnessed a downward shift as investors braced themselves for upcoming inflation data and evaluated a series of diverse earnings reports. The Dow Jones Industrial Average concluded the trading session with a loss of 0.54%, shedding …

9 August 2023
Moody’s Downgrade Sparks August Sell-Off: Banking Sector Hit, Markets in Turmoil

Stocks experienced a renewed downward trend on Tuesday, triggered by a credit rating downgrade of the banking sector from Moody’s in the midst of an August selloff. The Dow Jones Industrial Average closed with a loss of 158.64 points, or …

8 August 2023
Dow Jones Surges on Upbeat Earnings and Inflation Outlook

The Dow Jones Industrial Average commenced the week with a robust surge of 1.16%, gaining 407.51 points to conclude at 35,473.13, marking its most substantial upswing since June 15. Buoyed by a nearly 4% rally from Amgen, the blue-chip index …

4 August 2023
S&P 500 Faces Third Consecutive Day of Declines Amidst Rising Bond Yields

The S&P 500 continued its decline for a third day in a row, grappling with the impact of rising bond yields and mixed corporate earnings results. The index fell 0.25%, closing at 4,501.89, while the Dow Jones Industrial Average also …

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