Today’s Analysis

    23

    Jun 2022

    US shares edged slightly lower on Wednesday in choppy trading as markets struggled to sustain a rebound from earlier Wednesday following the hearing from the Fed Chairman Jerome Powell. The Dow Jones Industrial Averages fell 0.15% while the S&P 500 …

    22

    Jun 2022

    US shares jumped on Tuesday following a brutal week as investors assessed a more aggressive Federal Reserve and digested rising chances of a possible recession. The technology-heavy weighted Index, the Nasdaq Composite led the rally, popping 2.51% on Tuesday. The …

    21

    Jun 2022

    After cryptocurrencies faced a major sell-off, Solend, a lending platform built on the Solana blockchain, attempted to gain control of its most extensive account to stop it from collapsing the system. The largest account, the so-called “whale” account, might influence …

    20

    Jun 2022

    The Nasdaq Composite and the S&P 500 bounced slightly on Friday as investors attempted to find some footing following a brutal week. All three US indices ended the week with a negative. The Nasdaq rose 1.43% while the S&P 500 …

    17

    Jun 2022

    US equity markets sank on Thursday and reversed the gains from Wednesday as investors worried the Fed’s aggressive monetary policy might lead the US economy into a recession. The Dow Jones Industrial Average tumbled below the psychological and key 30,000 …

    16

    Jun 2022

    US shares rallied on Wednesday after the Fed raised the interest rates by 75 basis points, the largest increase since 1994. In the meantime, the Fed chairman, Jerome Powell signalled that the Fed could raise interest rates by a similar …

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