Daily market analysis

20 November 2023
Week Ahead: FOMC Meeting Minutes and Flash Services PMI Reports from the US, UK, and Germany

Various events look set to impact the markets this week. In addition to minutes from the Fed’s November meeting, market movements will likely also be shaped by the release of updated flash services and manufacturing PMI figures.  Traders should maintain …

17 November 2023
Dow Slips as Cisco and Walmart Drive Declines, November’s Positive Trajectory Pauses | Currency Trends and Commodity Movement

Thursday’s stock market saw the Dow Jones slipping by 0.13%, ending its winning streak, while the S&P 500 and Nasdaq showed marginal gains. Declines in Cisco and Walmart heavily influenced the Dow’s dip, accompanied by a pullback in Chevron due …

16 November 2023
Market Update: Stocks Extend Gains on Positive Inflation Data, Dollar Rebounds Amid Economic Swings

After positive inflation data, stock markets continued their climb, marked by modest gains in the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average. However, despite a notable drop in the producer price index, retail sales declined, painting a mixed …

15 November 2023
Stock Market Soars on CPI Report: Tech Surges, Banks Rally, and Dollar Dips

The stock market witnessed a robust surge buoyed by an optimistic response to the latest US inflation report. Major indices like the Dow Jones, S&P 500, and Nasdaq rallied significantly, with tech stocks, in particular, hitting record highs. The lower-than-expected …

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