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About: anakin
Recent Posts by anakin
Stocks Rise on Slowing Inflation Data, Fed Rate Hike Speculation
Stocks climbed as new inflation data revealed a slowdown in price pressures in May, fueling optimism among investors that the Federal Reserve might opt to forgo a rate hike during its upcoming policy decision this week. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all experienced gains, with the latter two indices reachingContinue Reading
Written on June 14, 2023 at 2:14 am
Categories: Today's Analysis
S&P 500 Surges to 13-Month High Amid Optimism Over Fed Rate Hike Decision
The S&P 500 soared to its highest level in over a year as traders anticipated that the Federal Reserve would refrain from raising interest rates during their policy meeting. The index closed at 4,338.93, surpassing its previous high from August and marking the best intraday and closing levels since April 2022. The Nasdaq Composite alsoContinue Reading
Written on June 13, 2023 at 5:35 am
Categories: quotations analysis
S&P 500 Surges to 13-Month High Amid Optimism Over Fed Rate Hike Decision
The S&P 500 soared to its highest level in over a year as traders anticipated that the Federal Reserve would refrain from raising interest rates during their policy meeting. The index closed at 4,338.93, surpassing its previous high from August and marking the best intraday and closing levels since April 2022. The Nasdaq Composite alsoContinue Reading
Written on June 13, 2023 at 3:45 am
Categories: Today's Analysis
Week Ahead: Markets to Focus on Major Central Banks Rate Decisions and US PPI and CPI
In the week ahead, market participants will be closely monitoring several vital economic events, including interest rate decisions by major central banks and the release of US Producer Price Index (PPI) and Consumer Price Index (CPI) data. Market watchers and financial experts are expected to pay close attention to these releases, eager to understand theirContinue Reading
Written on June 12, 2023 at 5:35 am
Categories: quotations analysis
Week Ahead: Markets to Focus on Major Central Banks Rate Decisions and US PPI and CPI
In the week ahead, market participants will be closely monitoring several vital economic events, including interest rate decisions by major central banks and the release of US Producer Price Index (PPI) and Consumer Price Index (CPI) data. Market watchers and financial experts are expected to pay close attention to these releases, eager to understand theirContinue Reading
Written on June 12, 2023 at 1:34 am
Categories: Today's Analysis
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