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    1 August 2022
    Amazon.com Inc. and Apple Inc. jumped as greater revenues relieved profit growth concerns. Bull market?

    Lead by big tech, US stock advanced on Friday and notched the best month since 2020. Amazon.com Inc. and Apple Inc. soared as higher revenues from the pair’s iconic powerhouses relieved fears of profit slowdown on profit growth. Despite some …

    29 July 2022
    US stocks rose to a seven-week high as investors pushed upon Fed rate rises

    US stock rallied on Thursday, preserving its bullish momentum and climbing to a seven-week high as investors pared their bets on Fed’s aggressively rate hikes amid the weak economic data. The US Gross Domestic Product (GDP) in Q2 showed that …

    28 July 2022
    Fed rate raised by 75 basis points; Fed acting swiftly to combat inflation

    In response to Fed chairman Jerome Powell’s less hawkish remarks after the central bank’s monetary policy decision, US stocks jumped on Wednesday, regaining upside momentum and making a significant return. Wednesday, the US Federal Reserve stated that it had increased …

    27 July 2022
    Concern about the global economy, Market expect another 75bps rate hike

    Tuesday’s decline in US stocks was precipitated by deteriorating economic conditions, worries of a recession, and sky-high inflation. The dismal outlook of the world’s largest retailer, Walmart Inc., illustrates the effects of inflationary pressures on consumer spending. Concerns over a …

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