On Friday, US equities dropped sharply as recent geopolitical chatter linked to the Ukraine – Russia conflict. US news sources said that a Russian invasion of Ukraine was imminent, spurred a flight to safe-haven assets. As the New York session ends, the S&P 500 drops 2.05%, at 4,410.85. The Dow …
Read More »Dow Jones Breaks The Support Line 11/2/2022
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Read More »Wall Street Soars On Back of Big Tech
Wall Street jumped on Wednesday, closing sharply higher as megacap growth stocks powered up thanks to a pause in rising interest rates, and upbeat earnings reports also encouraged investors to buy.The benchmark 10-year US Treasury yield slipped from multi-year highs hit in the previous session, helping steady sentiment across global …
Read More »Dow Jones Building on Support 9/2/2022
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Read More »US Stocks Mixed Following December Trade Balance Data
Wall Street stocks were mixed early on Tuesday as market participants digested December’s trade balance figures and continued to look ahead to key inflation data scheduled for release later in the week.As of 1510 GMT, the Dow Jones Industrial Average was up 0.13% at 35,135.36, while the S&P 500 was …
Read More »Dow Jones is Facing Negative Pressure 8/2/2022
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Read More »Dow Jones Trying to Consolidate 7/2/2022
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Read More »Dow Jones Touches The Target 3/2/2022
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Read More »Dow Jones Needs Confirmation 2/2/2022
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Read More »Wall Street Digest Earnings, Major Economic Data This Week
The latest trend in day-to-day stock market index trading looks to be the Nasdaq filling deep holes dug in the previous month while the Dow and S&P 500 basically tread water. Certainly, this is what’s happening this morning: The Dow is -3 points and the S&P 500 -2, while the …
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