The investor sentiments in the US markets appear to be on the bullish trend as a result of strong improvements in overall macroeconomic environment, pause in the interest rate increases, expectations of the cuts in rates in 2024, etc. The positive momentum in stock market was seen after the tough year for equity markets in
Dow Jones Industrial Average climbed Wednesday to touch the record high as the US Fed kept interest rate steady. The apex hinted that it might cut interest rates numerous times over the course of 2024. With these comments, the investors were satisfied that the central bank acknowledged slowing inflation trend because of which it opted
2023 was a year which was categorised as one of the healthiest rallies in the overall US equity market, as IT stocks, communication services, and consumer discretionary saw strong gains in the year. As at November 2023 end, S&P 500 saw an increase of ~21%, surpassing its average annual return of ~10%. Tech-dominated Nasdaq index
The US stocks increased for the 4th session Tuesday as Wall Street analysts eye on the hints as to when the US Fed will initiate easing of monetary policy. The S&P 500 saw an increase of 0.46% to end the session at ~4,643.70, with Dow Jones gaining ~173.01 points, or 0.48%, to close at ~36,577.94. Nasdaq
The S&P 500 ended higher Monday because investors were seen continuing the Wall Street’s year-end positive momentum. In understanding the global stock market news, the broader market index saw an increase of ~0.39% to end the session at ~4,622.44 levels, marking its highest closing level since the month of March 2022. Dow Jones Industrial Average climbed by ~157.06
There are investors who believe that an increase in stocks left markets more susceptible for the corrections in case the consumer prices do not keep cooling or the US Fed doesn’t end their rate-hiking campaign. Global Indexes closed higher for the week, with S&P 500 rising ~0.2% for the week ended Friday. Index now sits
Semiconductor industry has been categorised as the most important segments of the overall market and is the backbone of modern digital economy. Society’s dependence on a range of electronic devices and interconnected systems continues to increase on a daily basis, and because of this, importance of semiconductor industry has become more definite. Experts believe that
Global stock market expectations for the next week include domestic macro-economic data, policy and interest rate decisions by the global central banks, which includes the US Fed, and data about foreign capital inflow and global cues. Indian equity benchmarks saw longest weekly winning gains in 3 years, as these indexes rallied to significantly record levels
Blockchain industry has been categorised as the most transformative technology as of now. Advent of digital era and migration of several critical sectors including defense, banking, and healthcare to digital space has changed thy way humans perform their tasks in 21st century. Digital technologies focus on reducing paperwork and they streamline processing. However, at the
The US stocks ended higher Friday, as Nasdaq and S&P 500 closed higher and they saw their highest closing levels since the early month of 2022 post the strong US jobs report. This report resulted in investor optimism regarding the soft landing for the overall US economy. Investors decided to pare bets that the US Fed will
