Nasdaq futures achieved a record high on Monday, marking the continuation of a three-day upward trend. The tech-heavy Nasdaq Composite concluded at 22,788.98, reflecting an increase of 0.7% or 157.50 points, propelled by the robust performance of major technology players. This represented a new closing high for the index. At the intraday peak, the technology-focused Read More
Nasdaq Futures concluded the week at unprecedented levels on Friday, buoyed by the Federal Reserve’s rate cut enacted the previous week and signals suggesting additional policy easing ahead. Recent advancements in U.S.-China trade negotiations have positively influenced investor sentiment. The tech-heavy Nasdaq Composite concluded at 22,631.48, reflecting an increase of 0.7% or 160.75 points, propelled Read More
Analysts state that the Federal Reserve’s choice to lower interest rates and indicate further cuts does not represent a “policy error in the dovish direction,” despite what some observers have suggested. The bank informed clients that the Fed’s inflation predictions are “reasonable,” and noted that Fed Chair Jerome Powell’s remarks did not suggest a quick Read More
Nasdaq concluded the trading day on a positive note, following the Federal Reserve’s decision to reduce interest rates by 25 basis points. The tech-heavy Nasdaq experienced an increase of 0.9%, translating to a rise of 209.40 points, concluding the trading session at 22,470.73. This move was accompanied by the assurance of additional rate cuts in Read More
The tech-heavy Nasdaq declined by 0.3%, equivalent to 72.63 points, concluding the session at 22,261.33. Market concluded the trading session on Wednesday with mixed results, characterized by volatility. The Dow Jones Industrial Average finished higher following the anticipated quarter percentage point reduction in interest rates by the Federal Reserve. However, Federal Reserve Chairman Jerome Powell Read More
Nasdaq Futures concluded the trading day on Tuesday with a decline, reflecting a volatile session as investors exhibited caution in anticipation of the Federal Reserve’s forthcoming decision regarding interest rates at the conclusion of its two-day policy meeting on Wednesday. The tech-heavy Nasdaq experienced a decline of 0.1%, or 14.79 points, concluding at 22,333.96, retreating Read More
The tech-heavy Nasdaq increased by 0.9%, or 207.65 points, concluding at 22,348.75, thereby achieving yet another record closing high, driven by investor optimism following President Donald Trump’s remarks indicating that the U.S.-China trade discussions were progressing positively. Concurrently, attention remained fixed on the forthcoming key policy meeting of the Federal Reserve this week. All three Read More
Nasdaq Futures concluded the trading session on Friday with a mixed performance, highlighted by the Nasdaq achieving a record closing high. Investors are anticipating the forthcoming Federal Reserve policy meeting, where a reduction in interest rates is anticipated to address the deteriorating jobs market. The Dow Jones Industrial Average experienced a decline of 0.6%, translating Read More
Government data revealed that U.S. factory-gate prices dropped unexpectedly in August. This suggests that inflationary pressures are not as strong as expected, supporting the argument for the Federal Reserve to lower interest rates at its next meeting. Last month, the producer price index for final demand fell by 0.1%. Experts expected that the monthly number Read More
The Nasdaq composite finished the week at an all-time high, as investors are hopeful that a potential interest-rate cut by the Federal Reserve will continue to boost the market’s growth. The Nasdaq and the S&P 500 index both saw weekly increases of over 1%. The Fed’s board of governors is likely to lower the benchmark Read More
