Daily market analysis

29 June 2023
Fed’s Monetary Policy Outlook Weighs on S&P 500, Nasdaq Shines in Tech Rally

The S&P 500 saw minimal movement on Wednesday as investors closely analyzed Federal Reserve Chair Jerome Powell’s remarks regarding future monetary policy. Powell emphasized the likelihood of more restrictive measures to combat inflation, including potential consecutive interest rate hikes. His …

29 June 2023
Fed’s Monetary Policy Outlook Weighs on S&P 500, Nasdaq Shines in Tech Rally

The S&P 500 saw minimal movement on Wednesday as investors closely analyzed Federal Reserve Chair Jerome Powell’s remarks regarding future monetary policy. Powell emphasized the likelihood of more restrictive measures to combat inflation, including potential consecutive interest rate hikes. His …

28 June 2023
Tech Stocks Lead Dow Jones Rebound as First Half Nears Conclusion

In a much-needed boost for the market, the Dow Jones Industrial Average rebounded after a seven-day slump, as investors embraced tech stocks ahead of the end of the first half. The index gained 0.63%, or 212.03 points, closing at 33,926.74. …

27 June 2023
Nasdaq Slumps as Tech Stocks Retreat in Final Week of First Half

In the final week of the first half of the year, the Nasdaq Composite experienced a significant decline as investors sold off shares of technology companies that had performed well so far in 2023. The Nasdaq dropped by 1.16%, while …

Risk Warning: Trading Forex and CFDs involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. Please read our legal documents and ensure that you fully understand the risks before you make any trading decisions. The information provided is of a general nature only and the advice has been prepared without taking account of your objectives, financial situation or needs.