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Daily market analysis

18 October 2022
Q3 financial earnings have boosted market sentiment

U.S. equities rallied on the first trading day of the week. The Dow Jones Industrial Average gained 1.86% to close at 30185.82. The S&P 500 jumped 2.65% to close at 3677.95. The tech-heavy Nasdaq Composite soared 3.43% to close at …

17 October 2022
Week Ahead: US Set to Release Its Empire State and Philly Fed Manufacturing Index

Key economic reports are due for release this week starting with the US Empire State and Philly Fed Manufacturing Index. Several countries will also release their Consumer Price Index, including the UK, Canada, and New Zealand. Australia will release its …

17 October 2022
US Stocks lower on Friday, US 10-year treasury yields rise above 4%

U.S. stocks edged lower on the last trading day of the week. The Dow Jones Industrial Average lost 1.34% to close at 29634.83. The S&P 500 dropped 2.37% to close at 3593.07. The tech-heavy Nasdaq Composite slumped 3.08% to close …

14 October 2022
US CPI released higher at 8.2%

U.S. equities experienced a volatile trading session with the release of U.S. CPI data. The Dow Jones Industrial Average rose 2.83% to close at 30038.72. The S&P 500 gained 2.6% to close at 3669.91. The tech-heavy Nasdaq Composite climbed 2.23% …

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