🇺🇸US market review 20 - 24 May
$Dow Jones Industrial Average (.DJI.US)$ -1.85% , $S&P 500 Index (.SPX.US)$ -0.06%, $Nasdaq Composite Index (.IXIC.US)$ +0.75%
The Nasdaq closed slightly higher this week, driven by gains in chipmaker $NVIDIA (NVDA.US)$, despite concerns that the Federal Reserve might delay interest rate cuts. The market maintains bullish sentiment towards AI giants and other tech names, even as worries persisted about the Fed not lowering rates this summer....
$Dow Jones Industrial Average (.DJI.US)$ -1.85% , $S&P 500 Index (.SPX.US)$ -0.06%, $Nasdaq Composite Index (.IXIC.US)$ +0.75%
The Nasdaq closed slightly higher this week, driven by gains in chipmaker $NVIDIA (NVDA.US)$, despite concerns that the Federal Reserve might delay interest rate cuts. The market maintains bullish sentiment towards AI giants and other tech names, even as worries persisted about the Fed not lowering rates this summer....
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US Stock Market Review 22 - 29 Apr 2024
$S&P 500 Index (.SPX.US)$ 1.71% DJI 0.8% Nasdaq 4.2%
$S&P 500 Index (.SPX.US)$ and $Nasdaq Composite Index (.IXIC.US)$ achieved their best week since November due to strong earnings by Big tech companies and recent U.S. inflation figures.
Events to watch:
- Continuation of earnings season from tech giants such as Apple, AMD and Amazon
- 2 May - Federal Reserve’s next interest rate decision
- 3 May - Nonfarm payroll an...
$S&P 500 Index (.SPX.US)$ 1.71% DJI 0.8% Nasdaq 4.2%
$S&P 500 Index (.SPX.US)$ and $Nasdaq Composite Index (.IXIC.US)$ achieved their best week since November due to strong earnings by Big tech companies and recent U.S. inflation figures.
Events to watch:
- Continuation of earnings season from tech giants such as Apple, AMD and Amazon
- 2 May - Federal Reserve’s next interest rate decision
- 3 May - Nonfarm payroll an...
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US stock market review 25-29 Mar 2024
- DJI +0.8%, SP500 +0.4%, NASDAQ –0.4%, both DJI & SP500 closed at a fresh record
- US Q4 GDP grows higher than expected while Federal Reserve Chair Jerome Powell stated that the US central bank isn't in any rush to cut interest rates
- Event to watch: 1 Apr Manufacturing PMI, 4 Apr Initial Jobless Claims, 5 Apr Nonfarm Payroll & Unemployment rate
MY stock market review 25-29 Mar 2024
- KLCI –0.4% continue to be flat but end...
- DJI +0.8%, SP500 +0.4%, NASDAQ –0.4%, both DJI & SP500 closed at a fresh record
- US Q4 GDP grows higher than expected while Federal Reserve Chair Jerome Powell stated that the US central bank isn't in any rush to cut interest rates
- Event to watch: 1 Apr Manufacturing PMI, 4 Apr Initial Jobless Claims, 5 Apr Nonfarm Payroll & Unemployment rate
MY stock market review 25-29 Mar 2024
- KLCI –0.4% continue to be flat but end...
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