About: anakin
Recent Posts by anakin
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
Mixed Stock Movements as Tech Surges, Fed Rate Cut Hopes Rise
The stock market displayed a mixed session with varied movements across major indices: the Dow and S&P 500 edged slightly downward while the Nasdaq surged, propelled by tech stock performance. Factors including the U.S. 10-year Treasury yield dip below 4.2% and European market fluctuations played key roles. Amidst this, notable individual stock movements, like GitLab’sContinue Reading
Written on December 6, 2023 at 2:15 am
Categories: Today's Analysis
Trading Titans: 10 Greatest Traders of All Times
In the riveting world of finance, tales of triumph and turmoil are often immortalised on both the big and small screens. If you’ve been captivated by the dazzling lives of traders depicted in popular series like “Billions,” you might be intrigued to explore the real-life counterparts who have left an indelible mark on the financialContinue Reading
Written on December 5, 2023 at 9:37 am
Categories: Opinion
Stocks Dip Amid Overvaluation Concerns and Currency Markets React to Rate Cut Speculation
Following a five-week winning streak, stock markets experienced a decline, prompting investor worries about potential overvaluation. Major indices, including the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite, dropped due to selling pressure on Big Tech stocks. However, Bitcoin hit a 19-month high while gold reached unprecedented levels, benefiting companies like Marathon Digital, RiotContinue Reading
Written on December 5, 2023 at 1:40 am
Categories: Today's Analysis
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