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29/05/2024
The Nasdaq Composite achieved a significant milestone on Tuesday, closing above the 17,000 mark for the first time ever, driven largely by Nvidia’s impressive performance. Meanwhile, the Dow Jones Industrial Average experienced a notable decline, shedding more than 200 points amidst broader market weakness. This contrast highlights the divergent performance within the major indices, asContinue Reading
28/05/2024
World shares firmed on Monday as investors braced for a busy week of inflation data that could set the scene for a European rate cut as soon as next week and a potential US policy easing within a few months. Despite the closure of UK and US markets for public holidays, European stocks edged higher,Continue Reading
27/05/2024
The Nasdaq closed Friday at a new record high, lifted by a rally in Nvidia and other tech stocks, despite ongoing concerns about the Federal Reserve’s interest rate decisions. The S&P 500 also saw significant gains, while the Dow Jones Industrial Average posted modest increases. This comes as inflation data and economic indicators continue toContinue Reading
24/05/2024
The stock market experienced a significant downturn today, with the Dow Jones Industrial Average suffering its worst session of 2024, despite Nvidia’s impressive earnings performance. The Dow tumbled as broader market weakness overshadowed the tech giant’s success. Both the S&P 500 and the Nasdaq Composite also saw declines, despite reaching record highs earlier in theContinue Reading
23/05/2024
Despite the Federal Reserve’s concerns about persistent inflation, US stocks faced a downturn on Wednesday, with the Dow Jones Industrial Average experiencing its worst session in May. The minutes from the Fed’s recent meeting suggested that interest rate cuts may not occur soon, raising investor anxiety. The Dow fell 201.95 points, while the S&P 500Continue Reading
22/05/2024
Despite the usual market challenges, the S&P 500 and Nasdaq Composite achieved fresh record highs on Tuesday, driven by heightened investor interest in artificial intelligence and the anticipation of Nvidia’s earnings report. The Nasdaq Composite rose marginally, while the S&P 500 also added 0.25%. This rally in tech stocks, particularly Nvidia, highlights the optimism surroundingContinue Reading
21/05/2024
The Nasdaq Composite closed at a new record high on Monday, driven by significant gains in Nvidia and other prominent tech stocks. This rise comes amidst a mixed performance in the broader market, with the S&P 500 inching upward while the Dow Jones Industrial Average lagged behind. The tech-heavy Nasdaq’s rise brought it to anContinue Reading
20/05/2024
The stock market continued its upward momentum on Friday, driven by strong economic growth and gains in the technology sector. The Dow Jones Industrial Average achieved a significant milestone, closing at a record high, while the S&P 500 also posted gains. Despite a slight dip in the Nasdaq Composite, the overall market sentiment remained positive.Continue Reading
17/05/2024
In a remarkable turn of events, the Dow Jones Industrial Average briefly surged past the 40,000 mark for the first time in history on Thursday, driven by strong corporate earnings and investor enthusiasm surrounding artificial intelligence. Despite this momentous peak, the Dow closed slightly lower, shedding a few points. The broader market also experienced modestContinue Reading
16/05/2024
Despite April typically being a challenging month for stocks, the S&P 500 and Nasdaq Composite surged to new record highs, driven by a lighter-than-expected US consumer inflation report and growing enthusiasm for artificial intelligence (AI). The S&P 500 closed above 5,300 for the first time, while the tech-heavy Nasdaq Composite also reached unprecedented levels. ThisContinue Reading
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