Today’s Analysis

    25 May 2023
    Dow Jones Falls as Debt Ceiling Concerns Mount

    The Dow Jones Industrial Average extended its decline for the fourth consecutive day amidst mounting concerns over a potential default as U.S. lawmakers struggled to reach an agreement on the country’s debt ceiling. The Dow dropped 255.59 points, or 0.77%, …

    24 May 2023
    Stocks Slide as Debt Ceiling Negotiations Show Little Progress

    Stocks experienced a decline on Tuesday as discussions regarding the debt ceiling continued with minimal signs of advancement. The S&P 500 dropped 1.12% to settle at 4,145.58, while the Nasdaq Composite pulled back 1.26% to close at 12,560.25. The Dow …

    23 May 2023
    Market Holds Steady as Debt Ceiling Meeting Looms and Tech Stocks Lead the Way

    On Monday, the S&P 500 index experienced minimal change as investors awaited a crucial debt ceiling meeting and officials worked to prevent a default. The index slightly increased by 0.02% to close at 4,192.63, while the Dow Jones Industrial Average …

    19 May 2023
    Stock Market Soars on Debt Ceiling Optimism and Strong Earnings: S&P 500 and Nasdaq Reach Yearly Highs

    On Thursday, the S&P 500 and Nasdaq Composite surged to their highest closing levels since August 2022, driven by ongoing debt ceiling negotiations. The S&P 500 rose by 0.94% to reach 4,198.05, while the Dow Jones Industrial Average ended the …

    18 May 2023
    Market Outlook – Interesting week ahead for Australia, New Zealand, and Canada
    18 May 2023
    Stocks Rise as Hope Grows for U.S. Debt Ceiling Deal, Averting Default

    Stocks experienced a positive surge as investors remained hopeful that an agreement on the U.S. debt ceiling could be reached between congressional leaders and President Joe Biden, thereby averting a catastrophic default. The Dow Jones Industrial Average rose by 408.63 …

    17 May 2023
    Stocks Slide as Home Depot Disappoints and Debt Ceiling Talks Intensify

    Stocks experienced a decline on Tuesday, influenced by Home Depot’s underwhelming forecast. The financial market also focused on a crucial meeting between President Joe Biden and congressional leaders regarding the U.S. debt ceiling. The Dow Jones Industrial Average closed below …

    16 May 2023
    Debt Ceiling Negotiations and Economic Data Influence Stock Market, Retail Reports Awaited

    The S&P 500 experienced a slight increase at the beginning of the week as traders analyzed ongoing negotiations regarding the debt ceiling. The broader index rose by 0.3% to reach 4,136.28 points. Meanwhile, the Dow Jones Industrial Average ended its …

    12 May 2023
    US Stock Futures Stable as Elon Musk Steps Down as Twitter CEO; Dow Jones Faces Fourth Consecutive Loss

    US stock futures remained relatively stable on Thursday night, with the Dow Jones Industrial Average futures up 0.08%, while the S&P 500 and Nasdaq 100 futures increased by 0.12%. Elon Musk announced he would be stepping down as the CEO …

    11 May 2023
    Nasdaq Rises on Tame Inflation Report, Treasury Yields Fall

    The Nasdaq Composite closed higher as investors turned to tech stocks following a relatively modest inflation report. The tech-heavy index gained 1.04% to reach a closing value of 12,306.44, while the S&P 500 added 0.45% to close at 4,137.64. In …

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