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DAILY MARKET ANALYSIS

Stay on top of your trading with analyses of the latest market news.

28 December 2023
S&P 500 Inches Towards Record High: Analysts Eye ‘Santa Claus Rally’ Amidst Concerns

Stocks closed higher as the S&P 500 edged up 0.14%, nearing its all-time high from January 2022. The Dow Jones Industrial Average also hit a new closing high, while the Nasdaq Composite rose 0.16%, marking an eight-week winning streak. Analysts …

27 December 2023
Stocks Surge Close to Record Highs in Year-End Rally; Currency Markets Await Fed’s Next Moves

The markets witnessed a surge as major indices edged closer to historic peaks in the final week of the year. The S&P 500, Nasdaq Composite, and Dow Jones Industrial Average all marked significant gains, with the Nasdaq 100 hitting a …

26 December 2023
Week ahead: Santa Claus rally and holiday season take centre stage

With no high-impact news expected, the market’s attention will be focused on the holiday season this week. Investor sentiment is likely to be influenced by holiday festivities, resulting in increased shopping activity and the investment of holiday bonuses. Additionally, the …

22 December 2023
S&P 500 and Tech Leaders Lead Market Recovery, Forex Eyes USD Downtrend

Thursday witnessed a strong comeback for stocks, with the S&P 500, Dow Jones, and Nasdaq rebounding significantly, nearing their record highs. Micron Technology’s stellar performance fueled tech stocks, while companies like Salesforce contributed to the climb. This turnaround followed a …

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