Oil Prices Recover Amidst Market Volatility and Recession Concerns Between the cut in oil production and the significant increases in energy prices, the oil industry has taken huge hits in the past three weeks. Last Week’s losses were above 5%, but this week, the market shows signs of recovering. It all started when the OPEC […] More
Higher interest rates will leave the market vulnerable to a market pullback. The growing fears over higher interest rates have left the stock market vulnerable to a pullback. Marketers believe that last week’s Wall Street rally was only short-term, and investors shouldn’t expect a similar rally, particularly in the following weeks. Natural gas prices jumped […] More
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Market Recap: Dow Falls, Nasdaq Soars with Amazon Surge, WTI Crude Drops Over 4% The Bank of England shocked the market with its recent interest rate hike percentage. In England, inflation remains too high, currently above the 8% year-over-year increase. Mortgages and rents are increasing to their highest levels in years. This in turn forced […] More
The S&P and Nasdaq Fall Amid Fears of Further Interest Rate Hikes The process of getting inflation back down to 2 percent has a long way to go,” said Powell. “It will take time, however, for the full effects of monetary restraint to be realized, especially on inflation. These words were pointed out by the […] More
The stock market rally continues, driven by significant gains from Microsoft and Nvidia. The bull market rally continues to boost market confidence this week. Wall Street’s main indexes head to the close this week with significant gains, particularly tech stocks. The rally in the IPO market continues to be boosted by increasing signs of life […] More
Positive market sentiment prevails as the Fed pauses interest rate hikes and the IPO market shows signs of strength. What inventors had been hoping for a long time After 10 consecutive interest rate hikes, the Fed decided to pause its hikes this Wednesday. The decision boosted Wall Street’s gains over the past two seasons. The […] More
The S&P 500 enters a bull market and moves to close this week with high gains. Now that the S&P is officially in a bull market, the market is less worried about a recession. A “bull market is a Wall Street term used for indexes that reach a 20% increase from their worst recent low. […] More
The U.S. Jobless claims jumped to their highest level since October 2021. The S&P is only two basis points away from reaching a 20% rally, the highest increase since October 2022. The index has been really boosting market expectations over the past week. Boating other index gains, particularly technology stocks. Large technology companies have entered […] More
The Dow Jones edged higher, whereas the S&P and Nasdaq fell a week before the Fed policy meeting. Wall Street is still mixed after today’s session, while the S&P might reach a bull market. Since October’s low, the benchmark stocks have been rising slowly, yet with an encouraging increase. Today, the index fell by 0.33% […] More
May’s labor market report crashes market expectations and boosted Wall Street gains and sentiment. The commodity market rallied on the second day of the month of June. Oil prices jumped by more than 2%. And gold futures hit $2000 for the first time since March. Meanwhile, the sock market scored higher gains, driven by a […] More
Wall Street Gains Momentum: S&P 500 Rises, Job Report Anticipation Looms Wall Street started June’s first trading session in a positive manner; all indexes scored positive gains. Unlike May’s last trading session, the S&P 500 benchmark covered its losses for this week despite a weak job report. As of 16:04 am ET, the Nasdaq index […] More
Wall Street was shaken, and the S&P 500 indexes erased their gains for this month on the last trading session in May as the debt ceiling vote looms. The debt ceiling vote reaches a critical moment. Wall Street holds its breath in the final moments of the debt ceiling vote. The votes are starting, and […] More