Daily Update
20 Jan 25
Market Review and Prediction The indices on Wall Street rose on Friday, supported by positive sentiment from lowerthanexpected PPI and CPI data, a decline in US Treasury yields, and the start of the Q4 2024 earnings season, with financial performance from several major banks… Read More
17 Jan 25
Market Review and Prediction Wall Street indices closed lower, driven by a correction in technology sector stocks. Earlier, the indices had shown strength, supported by better-than-expected earnings reports from Morgan Stanley and Bank of America. However, the correction in major technology stocks led to… Read More
16 Jan 25
Market Review and Prediction The Wall Street index closed significantly higher, driven by unexpectedly slower U.S. inflation data for December. Core inflation for December was recorded at 3.2% YoY, down from the previous month and the estimate of 3.3% YoY. Total inflation was 2.9%… Read More
15 Jan 25
Market Review and Prediction The indices on the Wall Street exchange closed mixed. The Dow Jones and S&P500 indices ended higher, while the Nasdaq Composite closed in negative territory. The positive sentiment stemmed from the Producer Price Index (PPI) being lower than estimated. The… Read More
14 Jan 25
Market Review and Prediction The Wall Street indices closed mixed. The Dow Jones and S&P 500 ended higher, while the Nasdaq Composite closed lower. Investors rotated from technology stocks to non-technology sectors. Energy stocks strengthened as crude oil prices rose. Health care and materials… Read More
13 Jan 25
Market Review and Prediction Wall Street indices experienced a significant decline last Friday following stronger-than-expected nonfarm payroll data, heightening doubts about the Fed's continuation of rate cuts this year. December 2024's nonfarm payrolls reported a job gain of 256,000, the largest in nine months,… Read More
10 Jan 25
Market Review and Prediction Wall Street closed in mourning for the passing of former U.S. President Jimmy Carter. European stock indices closed higher. Global markets remain concerned about persistent inflation. However, inflation in China eased in December to 0.1% YoY, down from 0.2% YoY… Read More
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