Investors may almost be certain that the Federal Reserve will drop interest rates initially next month—perhaps not dramatically. This is based on the most recent inflation data.In the 12 months leading up to July, the consumer price index indicated 2.9% growth in prices, which was less than the 3% forecast …
Read More »Dow Jones climbs following PPI data
Dow Jones rose 300 points on Tuesday after US Producer Price Index inflation eased more than expected in July. This gave stocks a chance to breathe and sent the DJIA into 39,700.00. US PPI inflation eased to 2.2% YoY in July, falling below the expected 2.3% and further from the …
Read More »Dow Steadies Ahead of Key CPI Data
The Dow Jones Industrial Average (DJIA) has steadied before the closing bell, following a tepid Monday session. The market is expected to remain nervous ahead of key inflation data, with a fresh batch of US PPI and CPI inflation prints due this week. The US Producer Price Index (PPI) business-level …
Read More »Dow Jones starts positively 1/8/2024
Oil, Crude, trading
Read More »Dow Jones faces negative pressure 30/7/2024
Oil, Crude, trading
Read More »US Stocks trade higher ahead of FOMC, Tech Earnings
Wall Street saw modest gains on Monday as investors navigated a quiet trading day ahead of pivotal events this week. The Dow Jones Industrial Average inched up 0.1%, the S&P 500 rose 0.4%, and the Nasdaq Composite climbed 0.5%.Market participants are keenly focused on the Federal Reserve’s interest rate decision …
Read More »Dow Jones Faces Further Decline, Key Support Levels in Focus 25/7/2024
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Read More »Dow Jones Faces Continued Downward Pressure 24/7/2024
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Read More »Dow Jones: Bearish Momentum Builds 23/7/2024
Oil, Crude, trading
Read More »Global Computer Systems Meltdown: CrowdStrike Software Update Triggers Widespread Chaos
A seemingly routine software update from cybersecurity firm CrowdStrike unleashed a wave of chaos on Friday, causing widespread disruptions to critical computer systems worldwide. The malfunctioning update impacted a multitude of industries and services, from grounding flights and silencing broadcasters to disrupting banking and healthcare operations. The culprit behind the …
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