Monthly Archives: April 2024
Eye On U.S. GDP Today
Written on April 29, 2024 at 6:05 am, by
Market Summary The U.S. equity markets saw a halt in their two-day rally, primarily pulled down by disappointing earnings from Meta Platforms. As a result, both the Nasdaq and S&P 500 were left nearly unchanged, while the Dow Jones Industrial Average closed lower. Market focus is now turning to Alphabet and Microsoft, whose earnings reportsContinue Reading
Wall Street Closes Higher On Profit Optimism
Written on April 29, 2024 at 6:04 am, by
Market Summary In the latest trading session, the Dollar Index retreated, failing to sustain its position above the $106 mark. This movement coincides with heightened buying interest in U.S. 2-year Treasuries, suggesting that investors are bracing for slower economic growth and potentially anticipating a Federal Reserve rate cut within the year. In the commodities market,Continue Reading
U.S. Stock Markets Rebound On Profit Optimism
Written on April 29, 2024 at 6:02 am, by
Market Summary As we delve deeper into the earnings season, the spotlight shifts to the U.S. equity market, particularly with the impending release of earnings reports from tech giants such as Tesla, Microsoft, Meta Platforms, and Alphabet. Anticipation for a potential rally in the AI sector has fueled optimism among investors, propelling the market sentimentContinue Reading
