Mon, May 13, 2024
Stable signals from global markets, mixed action in America on Friday, Dow Jones up for the 8th day with a gain of 125 points... Nasdaq closed flat, Russell 2000 slipped 0.7%... Consumer Sentiment figures at 6 month low But... 10 year bond yield marginally up at 4.5%... GOLD at 3 week high with 2.8% weekly gain... Crude Oil falling for the second consecutive week, mixed action in base metals.
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Thu, May 09, 2024
MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.1 per cent, hovering not far from a 15-month high hit earlier in the week after Fed Chair Jerome Powell reiterated a stance for policy easing later this year.
Fri, May 03, 2024
Strong signals from global markets, great action in American markets... Dow jumped 325 points, Nasdaq jumped 1.5%... Apple's results were better than expected... Company announced buyback of $ 110 billion... The biggest buyback in history so far... Shares up 6% in post market trading... 10% jump in Qualcomm due to strong results... Today's job figures of April are monitored, 2.4 lakh new jobs are expected to be added. ...unemployment expected to remain stable near 3.8%.
Wed, Jan 25, 2023
US Stock Market Today: U.S. stock indexes closed mixed and the dollar slid a bit on Tuesday after companies warned of a tough year ahead along with some profit beats, while data showed U.S. business activity contracted for a troubling seventh straight month in January.
Tue, Jan 24, 2023
Why did US market bounce for the second consecutive day? What is changing in the US market? How strong is the NASDAQ? How are the cues from Dollar Index, Bond Yield and Natural Gas? Know from Anil Singhvi.
On Monday, there was a good growth in the US market for the second consecutive day. The Dow jumped 250 points and the NASDAQ gained 2%. There was strong action in semi-conductor stocks including IT. The 10-year bond yield rose above 3.5%. Today the results of Microsoft, GE, J&J, Verizon will come. Moreover, the dollar index remains sluggish, it has come down to 102. Brent crossed $88.
Mon, Jan 23, 2023
There was a strong rebound in the US market on friday. How are the cues from the Global markets? How strong is NASDAQ? Why are the results of US IT companies important? Will crude oil increase the concern again? Know from Anil Singhvi
There was a strong rebound in the US market on Friday. The Dow gained 330 points to close at day's high. Whereas, NASDAQ jumped 2.6% due to strong action in IT stocks. China's markets will remain closed this whole week. US economy has reached the debt limit, the government will have to increase the limit in the new deal.
Fri, Jan 20, 2023
The US market slipped again amidst volatility. The Dow Jones gave up its entire gain for the year. Dow fell 250 points for the third day in a row. At the same time, NASDAQ and Russell 2000 also declined by 1%. Fed's Brainard said that, 'there is a need to increase the rates further'. Moreover, 2 more members of Fed will also give speech. Netflix jumped 7% despite weak results. Today the figures of the sale of existing houses will come.
US Stock Market Today: A report from the Labor Department showed weekly jobless claims were lower than expected, indicating the labor market remains solid despite the Fed's efforts to stifle demand for workers.
Thu, Jan 19, 2023
On Wednesday, the Dow slipped 615 points to close at the day's low. Whereas, the NASDAQ fell 1.25% and the S&P 500 index fell 1.5%. IT, banking stocks declined the most. Apart from this, Microsoft will lay off 10,000 employees. Weak retail sales and worse-than-expected PPI data weighed on US markets. December retail sales fell 1.1% which is worst in a year. The producer price index stood at 6.2%, which is weaker than expected. Today all eyes on the housing and manufacturing data.
Wed, Jan 18, 2023
Mixed action was seen in the American markets after 3 days of holiday. After 4 days of rally, the Dow slipped 400 points to close at the day's low. While the NASDAQ gained 16 points for the seventh consecutive day. The 10-year bond yield reached near 3.55%. Goldman Sachs fell 6%, profit fell 69%. Morgan Stanley jumped 6%. Tesla's stock gained 7%. Today all eyes on December retail sales data. December retail sales are expected to decline by 0.8%-1%. The December Production Price Index will also be watched. December Production Price Index is estimate to decline from 7.4% to 6.8%.
Tue, Jan 17, 2023
US markets remained closed yesterday. US futures are currently sluggish. China's Q4 GDP data is expected to be 1.8%. In 2022, 2.8% GDP growth is estimated. The Japanese market recovered after 2 days of decline. Action was seen in the Japanese market due to the recovery of YEN. Bank of Japan's 2-day policy meeting will start from today. Tomorrow the decision of the policy will be awaited and the action of the bond market will also be watched. European markets gained 0.25%. Good economic sentiment data in Germany improved the sentiment of the European markets. Apart from this, the UK market is only 0.6% away from the record high.
Mon, Jan 16, 2023
American markets will remain closed today. Retail figures for the month of December will be released in the US this week. GS, Morgan Stanley, P&G, Netflix will also announce their results this week. On Friday, once again good action was seen in the US market. Dow jumped 110 points on the fourth day. Whereas, the NASDAQ gained 0.7%. US markets closed at day's high ahead of the long weekend. The 10-year bond yield held steady below 3.5%. After the results, there was mixed action in leading banks. Gold price touched a 9 month-high.
Thu, Jan 12, 2023
US markets strengthened ahead of inflation data. The Dow jumped 270 points to close at the day's high. On the other hand, the NASDAQ gained for the fourth consecutive day, rising 1.75%. Apple, Microsoft, Alphabet rose by 2-3.5%. Amazon jumped 6% and Tesla climbed 4%. The inflation rate is estimated to fall from 7.1% to 6.5% in December.
The much-anticipated report due on Thursday is projected by economists polled by Reuters to show U.S. consumer prices grew 6.5% year-on-year in December, moderating from a 7.1% rise in November.
Wed, Jan 11, 2023
The Dow closed at the day's high by rising 185 points. NASDAQ gained 1% for the third day in a row. Whereas, Russell 2000 rose 1.5%. Amazon's stock jumped 3%. Buying was seen in Apple, META, Microsoft, Netflix stocks. Buying was also seen in sectors related to consumer and economy. Due to the results, the stock of Bed Bath & Beyond jumped 33% in 2 days.
Tue, Jan 10, 2023
Dow slipped 110 points amid sell-off in the last hour on Monday. NASDAQ rose 0.6% on buying in selective IT stocks. The 10-year bond yield held steady at 3.55%. Good action was seen in travel, consumer shares. Whereas healthcare, energy, aerospace and defense stocks fell. Shares of Beth Bath & Beyond jumped 25% ahead of the results. All eyes are on Jerome Powell's speech today.
Mon, Jan 09, 2023
How will the Indian economy benefit from PLI and Structural Reforms? Why Shining India theme is special? How will be the growth of Indian Economy? Are there signs of reduction in inflation? Watch Ajay Bagga's analysis on budget 2023 and the upcoming global market situations.
Thu, Jan 05, 2023
US market closed higher despite Fed's harsh commentary. Dow rose 130 points amid trading in a range of 400 points. Whereas, NASDAQ rose 0.7 and the Russell 2000 jumped 1.25%. Bond yield slipped to 3.7%. Tesla's stock jumped 5%. Microsoft was down 5% after UBS downgrade. According to the minutes released by the US Federal Reserve, the high rates will remain at the upper levels for some time. It will take time to bring inflation down to 2%. The Fed will continue to raise rates further and the focus of the Fed will be on the data. There is no possibility of rate cut in 2023. Apart from this, the dollar index crossed 104. Crude oil slipped 5%.
Wed, Jan 04, 2023
US markets closed weak on the first trading day of the new year 2023. The Dow closed flat after recovering 300 points from lower level. Nasdaq fell 80 points due to pressure in tech stocks and S&P 500 closed down around 0.5%. The Manufacturing PMI declined to 46.2 from 47.7 in December (MoM). Apple's stock fell 3.7%. Tesla's deliveries fell 12.2% due to lower-than-expected deliveries in Q4 and the full year. Today market will focus on the Fed's minutes. US trade data will come tomorrow. Tomorrow the speech of many Fed President will also be monitored. US job report figures will be released on Friday. Apart from this, the dollar index reached near 104.5.
Tue, Jan 03, 2023
Global markets will open today after a long weekend. Singapore's growth figures were released. Singapore's Q4 GDP expanded 2.2% from estimate 2.1%. Germany market rose 1% and France rose around 2%. Today US manufacturing PMI figures will be released. US construction spending data will also be released. Minutes of Fed meeting will be released tomorrow. Apart from this, Tesla's Q4 delivery decreased from the estimate of 4.31 lakh to 4.05 lakh. In 2022, Tesla has delivered a record 1.3 million vehicles. Other commodity exchanges including CBOT, LME, ICE, Shanghai will open today. Apart from this, gold reached at 6 month-high and silver reached at 1 week-high.
Mon, Jan 02, 2023
The US market slipped on Friday amid volatility. Dow slipped 75 points amid trading in a 300-point range. Bond yields rose to near 3.9%. The US market had its worst year since 2008. IMF expressed concern for 2023 – 2023 can be difficult for the global economy. Apart from US and Europe, there is a possibility of pressure on growth in China as well. Apart from this, crude oil reached near 1 month-high. Natural gas reached at 11-month low.
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