Market Overview
Positive data from the US indicates quick economic recovery, fueling fears of accelerating inflation
2023.07.04
Yesterday, the US Labor Department reported that 978,000 jobs were created in May, far above analysts' forecasts of 654,000. The average number of initial jobless claims fell from 562,000 to 428,000.
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The US economic recovery has accelerated in recent weeks
2023.07.04
The US stock market closed higher on Wednesday. The Dow Jones index rose by 0.07%, the S&P 500 added 0.14% and the NASDAQ also increased by 0.14%.
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Investors are still concerned that central banks will pare back their stimulus measures earlier than expected
2023.07.04
The US stock indices closed mixed yesterday. On Tuesday, the Dow Jones rose by 0.13%, the S&P 500 decreased by 0.05%, the NASDAQ Composite fell by 0.09%.
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Australia's central bank did not change its monetary policy and left the interest rate unchanged at 0.1%
2023.07.04
The US stock futures did not change much after the bank holiday on Monday. Despite the fact that the US inflation data exceeded forecasts last week, analysts expect further growth of stock indices.
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The key US inflation indicator (PCE) showed stronger-than-expected price increases
2023.07.04
On Friday, the major US indices closed with a slight increase. The S&P 500 index increased by 0.08%, the Nasdaq added 0.09%, and the Dow Jones Industrials jumped by 0.19%.
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Today, investors are waiting for the release of personal consumption expenditures (PCE) data to assess inflationary pressures
2023.07.04
Against the background of reducing unemployment, the US stock indices rose slightly on Thursday. The S&P 500 Index increased by 0.12% and the Dow Jones Industrials added 0.41%.
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The U.S. stock market continues to be in a sell-off
2023.07.04
Yesterday, major US stock indices showed a sharp decline throughout the trading day, but at the end of the trading session recovered their positions sharply and closed in the green territory.
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A strong season of reports pushes major stock indices to new highs
2023.07.04
The US stock indices closed Monday at record highs. The S&P 500 increased by 0.18%, the Dow Jones added 0.26%, and the NASDAQ technology index jumped by 0.63%.
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Investors' attention is focused on nonfarm payrolls data
2023.07.04
The number of initial jobless claims in the US fell to 340,000, the lowest level since March 2020. Investors are now focusing on nonfarm payrolls data.
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The dollar index is declining amid weak labor market data from ADP
2023.07.04
September started with renewed buying of tech stocks, which helped the Nasdaq index add 0.33% and close at a new peak yesterday. The Dow Jones industrial index decreased by 0.14%. The S&P 500 index st...
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