Daily Update
03 Jan 25
Market Review and Prediction The major indices on Wall Street closed lower on the first trading day of the year after experiencing volatile movements. The indices initially strengthened but continued the correction seen at the end of last year into the start of this… Read More
02 Jan 25
Market Review and Prediction US indices closed lower in the final trading session of 2024. Throughout the year, the Nasdaq Composite posted the best performance, rising 28.64% ytd, driven by a surge in technology stocks and the AI boom. The Dow Jones Index increased… Read More
30 Dec 24
Market Review and Prediction Wall Street's major indices closed significantly lower on Friday, primarily driven by the technology sector's correction. The 10-year US Treasury yield surge to 4.627% pressured stocks. Meanwhile, crude oil prices rose due to declining US inventory, while gold prices dipped… Read More
27 Dec 24
Market Review and Prediction The major indices on Wall Street closed mixed, with the Dow Jones finishing slightly higher, while the S&P 500 and Nasdaq Composite ended in negative territory. Trading volume remained subdued following the Christmas holiday. Earlier in the day, the Dow… Read More
24 Dec 24
Market Review and Prediction The major indices on U.S. market closed higher amid thin trading volumes as the Christmas holiday approaches. The NYSE will close early on Christmas Eve (Tuesday) and remain closed on Christmas Day (Wednesday). Technology sector stocks led the index gains.… Read More
23 Dec 24
Market Review and Prediction Wall Street's main indexes closed higher in last Friday's trading, driven by inflation data from the Fed’s key indicator that came in lower than expected. The November PCE price index showed an increase of 0.1% MoM and an increase of… Read More
20 Dec 24
Market Review and Prediction Wall Street's main indices closed mixed within a narrow range. The Dow Jones Index rebounded positively after a 10-day decline, while the S&P 500 and Nasdaq Composite recorded limited losses. Initial gains following the previous day's significant downturn were later… Read More
19 Dec 24
Market Review and Prediction The major indices on Wall Street closed sharply lower after the Federal Reserve's outlook on future interest rate cuts disappointed the market. The Dow Jones index recorded its worst 10-day correction since 1974. As expected, the Fed reduced interest rates… Read More
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