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12 September 2023

Tech Stocks Rally, Dollar Declines, and Market Awaits Inflation Data

The stock market opened the week on a positive note, with renewed investor interest in tech stocks following a recent slump. The Nasdaq Composite led the charge with a robust 1.14% gain, reaching 13,917.89, while the S&P 500 climbed by …

11 September 2023

Week Ahead: Markets to Focus on US CPI, US PPI, and ECB Rate Decision

Of particular interest to traders this week will be the US Consumer Price Index (CPI), the US Producer Price Index (PPI), and the European Central Bank’s (ECB) Rate Decision. These items have the potential to significantly impact the markets. Exercise …

8 September 2023

Market Declines Amid Fed Rate Hike Concerns and Tech Sector Woes

The Nasdaq Composite extended its four-day decline on concerns of future Federal Reserve interest rate hikes, leading to a 0.89% drop, while the S&P 500 slipped 0.32%, and the Dow Jones Industrial Average added 0.17%. Apple’s shares fell 2.9% due …

7 September 2023

Market Volatility: Stocks Decline, US Dollar Strengthens, and Cryptocurrencies Hold Steady

On Wednesday, the stock market saw declines, driven by concerns about potential Federal Reserve interest rate hikes, leading to a 0.57% drop in the Dow Jones Industrial Average, a 0.7% dip in the S&P 500, and a 1.06% fall in …

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