Over the past few days, the technology sector continues to dominate the increases in the stock market rally, with NASDAQ-100 Technology Sector gaining as much as ~4.20% over the week ended Friday (17 November 2023). Global stock market experts and analysts believe that technology sector has demonstrated strong performance in 2023, despite the US Federal

S&P 500 closed higher on Friday (17 November 2023) and, with this, the index saw 3rd straight winning week in the hot rally seen in November. Index added ~0.13% to end at ~4,514.02. Dow Jones inched slightly higher by ~0.01%, or 1.81 points, and closed the session at ~34,947.28. Nasdaq Composite went up by ~0.08% to close

All the big US stock indexes continues to exhibit the mixed performance after their recent rally, which was supported by the latest consumer and producer inflation data. The Dow Jones Industrial Average, S&P 500 Index, and Nasdaq-100 continue to display fluctuating trends. This can be because the global markets are adjusting to the new economic information. As Dow

Wall Street stocks extended their rally on Wednesday (15th November 2023) as investors continued to embrace idea that cooling down of inflation should put interest rate hikes on the pause. Dow Jones Industrial Average ended the day higher, with the index increasing by ~0.5%. Benchmark S&P 500 went up by ~0.2%, while the Nasdaq Composite closing barely

The US stock futures ticked higher off late as futures tied to S&P 500 index saw an increase of ~0.26%. Dow Jones Industrial Average futures went up by ~66 points, or ~0.18%, with Nasdaq 100 futures advancing ~0.25%. Late Tuesday, the House of Representatives saw the passing of bill which focused on averting the government shutdown. Now, as the regulatory process,

US indexes traded lower on Monday with global investors eyeing key US inflation reading and the upcoming week that is packed with potential insights regarding consumers holding up during times of higher borrowing costs. Technology-led index Nasdaq Composite opened lower after the US indexes ended higher Friday as the markets saw second week of gains.

Pre-Diwali Dhanteras purchasing of precious metals such as gold and silver in India, the country which has been tagged as the world’s largest gold consumer, initiated on favourable note on Friday (10th November 2023). Strong demand was seen because of the recovery of consumer demand as gold prices softened. Gold sales on Dhanteras touched record

Before we provide the stock market outlook for next week, let’s have a quick recap of the week gone by. The week kicked off on the positive note as for the first 3 days of the previous week, SPX ended merely higher (i.e., was up by ~0.55%). However, the following day was somewhat difficult as

Stocks were seen rallying on Friday as the indexes secured yet another week of strong gains. These gains in the indexes were seen just after the day there was a jump in bond yields after traders and investors digested the more hawkish tone from the US Federal Reserve Chair Jerome Powell. While analysing the equity

Officials of the US Federal Reserve have recently hinted that they “are not confident” that rates of interest are high enough. That is to say that further tightening might be in the offing to finish the battle with inflation. US Fed’s Chair Jerome Powell dictated that US Fed “is committed to achieving that monetary policy