Market Briefing

Dow Jones in the Red

Dow Jones in the Red The Dow Jones closed lower by 237 points or 0.75%. From the technical perspective, the momentum indicator suggests a downtrend since the MACD is negative and the histogram values are decreasing, resulting in downside momentum which is increasing. Simple moving averages of 20,50,100 and 200, are above the price signaling that the momentum is to the...

Global Markets Fall

Global Markets Fall Global markets plunged and the dollar strengthened for the first time in four sessions on Wednesday as concerns about rising inflation and economic growth soured sentiment. Dow Jones and S&P 500 in the Red The Dow Jones index closed lower by 237 points or 0.75%. The S&P 500 closed lower by 23 points or 0.58%. Nasdaq Slips The heavy Tech weight...

EUR/USD Gains

EUR/USD Gains  EUR/USD is holding higher, trading close to 1.0500, as the US dollar retreats amid an improvement in risk sentiment. US Economy  On the 17th of May,  the Board of Governors of the Federal Reserve released the Industrial Production. In April, total industrial production increased 1.1%—the fourth consecutive month of gains of 0.8% or greater—and manufacturing output rose 0.8%. The index...

Global Markets Plunge

Global Markets Plunge Global markets plunged and the dollar strengthened for the first time in four sessions on Wednesday as concerns about rising inflation and economic growth soured sentiment. Dow Jones and S&P 500 in the Red The Dow Jones index closed lower by 1164 points or 3.57%. The S&P 500 closed lower by 165 points or 4.04%. Nasdaq Slips The heavy Tech weight...

Global Markets on the Upside

Global Markets on the Upside  Global markets closed higher on Tuesday although, the war in Ukraine remains a key focus for the market sentiment, with fighting raging in the east and southeast of the country. Dow Jones and S&P 500 in the Green  The Dow Jones index closed higher by 431 points or 1.34%. The S&P 500 closed higher by 81 points...

Global Markets Mixed

Global Markets Mixed  Global markets closed mixed on Monday as gains in Oil&Gas, Telecoms and Healthcare sectors led shares higher while losses in the Technology, Consumer Services and Consumer Goods sectors led shares lower. Dow Jones and S&P 500 Mixed  The Dow Jones index closed higher by 27 points or 0.08%. The S&P 500 closed higher by 16 points or 0.39%. Nasdaq Drops The...

Global Markets Surge

Global Markets Surge Global markets rose on Friday as Wall Street rallied to end a volatile week of trading. Global markets were down sharply most of the week as investors were concerned about the potential of a recession. Dow Jones and S&P 500 in the Green  The Dow Jones index closed higher by 466 points or 1.47%. The S&P 500 closed higher...

Dow Jones in the Red

Dow Jones in the Red The Dow Jones closed lower by 104 points or 0.33%. The Dow has declined for six straight trading sessions. From the technical perspective, the momentum indicator suggests a downtrend since the MACD is negative and the histogram values are decreasing, resulting in downside momentum which is increasing. Simple moving averages of 20,50,100 and 200, are above...

Global Markets Mixed

Global Markets Mixed Global markets closed mixed on Thursday as in recent months struggled due to high inflation, and the FED’s attempts to contain prices by raising rates. Dow Jones and S&P 500 in Negative Territory  The Dow Jones index closed lower by 104 points or 0.33%. The S&P 500 closed lower by 5 points or 0.13%. Nasdaq Edges Higher The heavy Tech weight...

Global Markets Volatile

Global Markets Volatile  Global markets closed volatile driven by investors' concerns over rising interest rates and question marks over how aggressively the FED will act to combat inflation. Dow Jones and S&P 500 in the Red  The Dow Jones index closed lower by 327 points or 1.02%. The S&P 500 closed lower by 66 points or 1.65%. Nasdaq Drops  The heavy Tech weight index...

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