/daily-market-analysis/page/93/

    DAILY MARKET ANALYSIS

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

    30 June 2023
    Dow Jones Rises as Banks Pass Stress Test and Upward GDP Revision Eases Recession Fears

    The Dow Jones Industrial Average experienced gains as major banks passed the Federal Reserve’s stress test, while an upward revision of the GDP provided relief against recession concerns. The 30-stock index surged by 0.8%, gaining 269.76 points to close at …

    29 June 2023
    Fed’s Monetary Policy Outlook Weighs on S&P 500, Nasdaq Shines in Tech Rally

    The S&P 500 saw minimal movement on Wednesday as investors closely analyzed Federal Reserve Chair Jerome Powell’s remarks regarding future monetary policy. Powell emphasized the likelihood of more restrictive measures to combat inflation, including potential consecutive interest rate hikes. His …

    28 June 2023
    Tech Stocks Lead Dow Jones Rebound as First Half Nears Conclusion

    In a much-needed boost for the market, the Dow Jones Industrial Average rebounded after a seven-day slump, as investors embraced tech stocks ahead of the end of the first half. The index gained 0.63%, or 212.03 points, closing at 33,926.74. …

    27 June 2023
    Nasdaq Slumps as Tech Stocks Retreat in Final Week of First Half

    In the final week of the first half of the year, the Nasdaq Composite experienced a significant decline as investors sold off shares of technology companies that had performed well so far in 2023. The Nasdaq dropped by 1.16%, while …

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