Good Evening! On Friday, there was a decline in stock prices, resulting in a weaker performance for the week. This downward trend was influenced by the Federal Reserve’s indication that interest rates would be maintained at elevated levels for an extended period of time. All three indexes finished the week off down by a small …
Good Evening! On Thursday, a decline in technology companies triggered a widespread decline in equities, as concerns arose on Wall Street over the Fed’s aggressive stance and its determination to maintain interest rates at their current level. All three indexes fell by a significant amount with the Nasdaq sliding 1.82%, the S&P 500 falling 1.64%, …
Good Evening! On Wednesday, stocks fell as market participants processed the Fed’s announcement to maintain the current interest rates. However, the Fed also indicated the possibility of one more rate hike during the last two meetings of 2023 which may remain elevated for an extended period. With the news from the Fed, all three indexes …
Good Evening! On Tuesday, stocks had a major intra-day rebound, with the majority of early losses being recuperated later in the day. This corresponded with the commencement of the Fed’s most recent policy meeting. However, even though the three indexes rebounded from early-day losses, they all still finished in the red with the Dow Jones …
Good Evening! On Monday, the stock market concluded the trading session with little deviation from where it opened, as investors on Wall Street anticipate an approaching Federal Reserve meeting, during which the central bank will announce its next interest rate decision. All three indexes barely finished in the green with the Nasdaq Composite and the …
Good Evening! On Friday, there was a decline in US equities as the main indexes were unable to sustain the momentum from a previous day’s surge, resulting in a week of losses. The three indexes finished the week on a down note by a decent amount with the Nasdaq Composite falling the most by 1.56%, …
Good Evening! On Thursday, there was a notable increase in U.S. stock prices. The surge occurred after investors analyzed retail sales and wholesale price inflation statistics, which exceeded expectations. All three indexes finished up for the day up around the same amount with the Nasdaq Composite increasing by 0.81%, the S&P 500 rising by 0.84%, and …
Good Evening! On Wednesday, markets were mixed, with investors paying particular attention to consumer inflation data, which has the potential to influence the Federal Reserve’s next policy choices. The Dow Jones finished the day in the red, down 0.20%, while the S&P 500 increased by 0.12%. The Nasdaq Composite saw a modest gain of 0.29%. …
Good Evening! On Tuesday, stocks were down overall, as Apple commenced its highly anticipated fall event and investors eagerly awaited the release of crucial inflation data on Wednesday. The day ended with all three indexes in the red with the Nasdaq Composite falling the most by 1.04%, the S&P 500 decreasing 0.57%, and the Dow …
Good Evening! On Monday, stocks were up, due to positive Chinese statistics and statements made by Treasury Secretary Janet Yellen. These developments have created optimism over the economic well-being of the two largest global economies. The S&P 500 increased by 0.67%, while the Dow Jones rose by 0.25%. However, the Nasdaq Composite witnessed the most …
