Stock Market

Quick look The S&P 500 has increased significantly by over 25% in the last five months, reaching 16 record highs this year. Solid fundamentals, a strong U.S. economy, and AI excitement drive bullish market sentiments. Concerns arise over a potential market pullback, with the last >5% slide in October. The S&P 500’s RSI indicates overbought …

A Look at the S&P 500’s Surprising Gains Read More »

Quick look S&P 500 slightly down by 0.2%, halting its record-setting run. Nasdaq Composite leads losses, down by more than 0.5%, with tech giants Nvidia and Tesla seeing significant drops. The Dow Jones Industrial Average is slightly up by 0.1%. Bitcoin continues its record-setting rally, trading above $73,000. DollarTree announces a quarterly loss, planning to …

Mixed Movements in US Stocks Read More »

Quick look S&P 500 rallies to a fresh high, with the tech sector leading gains. Nvidia shares surge, erasing recent losses and highlighting the chipmaker’s strong performance. Mixed economic data: South Korea’s unemployment rate falls, while India’s inflation slightly decreases but remains above expectations. U.S. stock futures show minimal changes ahead of the trading session. …

S&P 500 Hits Record High Amid Mixed Global Economic Signals Read More »

Quick look February’s Consumer Price Index (CPI) showed a 3.2% increase year-over-year, slightly higher than January’s 3.1%. Gasoline and shelter costs increased inflation, accounting for 60% of the monthly increase. Core inflation, excluding volatile food and gas prices, slowed to an annual rate of 3.8% from 3.9% in January. The S&P 500 rose following the …

Feb Inflation: Mixed Signals from Fed Read More »

Quick look UK unemployment rises to 3.9%, with wage growth at 6.1%, above the Bank of England’s preference. FTSE 100 climbs, with eyes on upcoming US inflation data. Veterinary sector under scrutiny as CMA initiates probe. Persimmon reports a 50% drop in profits amidst challenging conditions. Public sector employment has reached its highest level since …

UK Unemployment at 3.9%, Wages Grow 6.1% Read More »