Today’s Analysis

    6 March 2024
    Tech stocks lead market downturn as Apple sales dip, while some companies post gains

    Stocks faced a downturn for the second consecutive session, driven by declines in major technology firms like Apple, which saw nearly a 3% drop following a report of decreased iPhone sales in China, leading the Nasdaq Composite down by 1.65%. …

    5 March 2024
    Stock market dips slightly amid AI boom and tech gains, while investors eye economic updates

    On Monday, the stock market experienced a modest downturn, with the S&P 500 and the Nasdaq Composite retracting from their peak levels despite the surge in technology stocks, fueled by the artificial intelligence boom. The S&P 500 slightly declined by …

    1 March 2024
    Nasdaq Hits Record Close Fueled by Tech Rally, Dollar Strengthens Amidst Economic Anticipation

    On Thursday, the Nasdaq Composite achieved a record close at 16,091.92, its highest since November 2021, driven by a surge in tech stocks, particularly those involved in artificial intelligence. This uplift in the stock market saw the S&P 500 also …

    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, …

    23 February 2024
    Nvidia’s stellar earnings propel S&P 500 and Nasdaq to new highs amidst broad market optimism

    On Thursday, the S&P 500 and Nasdaq Composite reached impressive new heights, largely driven by Nvidia’s remarkable quarterly earnings report. The S&P 500 surged by 2.11%, its best performance since January 2023, while the Nasdaq Composite soared by 2.96%, flirting …

    22 February 2024
    Mixed Stock Market Results Amid Nvidia Earnings Anticipation and Fed’s Interest Rate Stance

    On Wednesday, the stock market showed mixed outcomes, with the Dow Jones and S&P 500 making slight gains, while the Nasdaq Composite faced a decline, influenced by anxiously awaited Nvidia earnings and Federal Reserve insights. Nvidia’s stock dipped ahead of …

    21 February 2024
    Tech Stocks Lead Market Downturn Ahead of Nvidia’s Earnings, Major Acquisitions Stir Financial Sectors

    On Tuesday, the stock market faced a downturn, heavily influenced by a slump in technology stocks, especially with Nvidia’s earnings report on the horizon, causing its shares to fall by 4.4%. The Dow Jones Industrial Average slightly declined by 0.17%, …

    20 February 2024
    Mixed market sentiments globally as the U.S. observes Presidents Day

    With U.S. markets closed in observance of Presidents Day, global financial markets took center stage, showcasing mixed sentiments across different regions and sectors. Europe’s Stoxx 600 index saw a modest rebound, while Asian markets presented a mixed picture, influenced by …

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