The US market concluded the previous day on a downward trajectory, as a risk-averse sentiment took hold among market participants. The recent unwinding of the precious metals trade, coupled with unexpectedly high producer inflation data, has cast a shadow over market sentiment. The significant development of the day was President Donald Trump’s nomination of former Read More
Nasdaq futures exhibited a decline on Friday, although they recovered from more significant losses following President Donald Trump’s nomination of Kevin Warsh to replace Jerome Powell as Federal Reserve Chair. In the interim, precious metals experienced a decline as traders opted to secure their profits. Futures for the Nasdaq 100, S&P 500, and Dow Jones Read More
Nasdaq futures indicated a positive start on Thursday, following the Federal Reserve’s decision to maintain interest rates, as investors considered a range of corporate earnings announcements, notably from three of the Magnificent Seven technology companies. Meanwhile, gold and silver futures reached new all-time highs. Futures for the S&P 500 and Nasdaq 100 increased by 0.2% Read More
Nasdaq futures indicated a mixed opening on Tuesday, following the quarterly results reported by several prominent companies. Chip stocks experienced an uptick, while shares of health insurers declined in response to a report indicating that the Trump administration is suggesting only a modest increase in Medicare Advantage payment rates. Futures for the Nasdaq 100 and Read More
