Market Overview
Financial markets are gearing up for the busiest week this month
2023.07.04
At the close of the stock market on Friday, the Dow Jones Index (US30) decreased by 0.90% (-2.50% for the week) and the S&P 500 Index (US500) lost 0.73% (-2.90% for the week).
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The stock market is rising amid expectations of good reports from major technology companies
2023.07.04
The US stock markets rose yesterday. At the close of the stock market on Tuesday, the Dow Jones Index (US30) gained 1.09%, and the S&P 500 Index (US500) added 1.46%.
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Week's main events (December 12– December 16)
2023.07.04
The focus this week is on global central banks meetings and inflation data
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The US labor market is beginning to cool down. China's inflation is falling
2023.07.04
By Thursday's close, the Dow Jones Index (US30) increased by 0.55%, and the S&P 500 Index (US500) added 0.75%.
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Oil continues to decline. The Bank of Canada has chosen a more aggressive rate hike
2023.07.04
As the stock market closed Wednesday, the Dow Jones Index (US30) closed at opening levels, while the S&P 500 Index (US500) was down by 0.19%.
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Banks are predicting a recession next year. Santa Claus rally postponed
2023.07.04
As the stock market closed Tuesday, the Dow Jones Index (US30) decreased by 1.03%, and the S&P 500 Index (US500) lost 1.44%.
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The Reserve Bank of Australia expectedly to raise its rate by 0.25%. The economic outlook for the Eurozone is deteriorating
2023.07.04
As the stock market closed Monday, the Dow Jones Index (US30) decreased by 1.40%, and the S&P500 Index (US500) lost 1.79%.
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China eases Covid restrictions. The dollar index fell to a 5-month low amid expectations of a rate hike slowdown
2023.07.04
At the close of the stock market on Friday, the Dow Jones Index (US30) increased by 0.10% (+0.45% for the week), while the S&P 500 Index (US500) decreased by 0.12% (+1.66% for the week).
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Week's main events (December 05 – December 09)
2023.07.04
This week, the main focus of investors is on the BOC and RBA interest rate meetings
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EU governments have set a price ceiling for Russian oil. NFP report in the spotlight today
2023.07.04
The US stock market traded mixed yesterday ahead of the monthly jobs report due today.
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