Daily Update
08 Jan 25
Market Review and Prediction The main index on Wall Street closed lower due to concerns about whether the Federal Reserve will continue to cut interest rates this year, following strong U.S. economic data. The ISM Services Index showed stronger-than-expected performance in December, raising concerns… Read More
07 Jan 25
Market Review and Prediction The major indices on Wall Street closed mixed. The Dow Jones index closed lower, while the S&P 500 and Nasdaq Composite indices ended higher, driven by gains in chip manufacturer stocks. Positive sentiment also stemmed from a report by The… Read More
06 Jan 25
Market Review and Prediction Main indexes on Wall Street closed higher in last Friday’s trading, following a correction over the past few days. The rise in technology stocks helped drive the index higher, particularly those benefiting from continued spending on AI. Meanwhile, crude oil… Read More
03 Jan 25
Market Review and Prediction The major indices on Wall Street closed lower on the first trading day of the year after experiencing volatile movements. The indices initially strengthened but continued the correction seen at the end of last year into the start of this… Read More
02 Jan 25
Market Review and Prediction US indices closed lower in the final trading session of 2024. Throughout the year, the Nasdaq Composite posted the best performance, rising 28.64% ytd, driven by a surge in technology stocks and the AI boom. The Dow Jones Index increased… Read More
30 Dec 24
Market Review and Prediction Wall Street's major indices closed significantly lower on Friday, primarily driven by the technology sector's correction. The 10-year US Treasury yield surge to 4.627% pressured stocks. Meanwhile, crude oil prices rose due to declining US inventory, while gold prices dipped… Read More
27 Dec 24
Market Review and Prediction The major indices on Wall Street closed mixed, with the Dow Jones finishing slightly higher, while the S&P 500 and Nasdaq Composite ended in negative territory. Trading volume remained subdued following the Christmas holiday. Earlier in the day, the Dow… Read More
24 Dec 24
Market Review and Prediction The major indices on U.S. market closed higher amid thin trading volumes as the Christmas holiday approaches. The NYSE will close early on Christmas Eve (Tuesday) and remain closed on Christmas Day (Wednesday). Technology sector stocks led the index gains.… Read More
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