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    Today’s Analysis

    27

    Jan 2023
    US GDP expanded faster than expected

    U.S. equities marched higher over the course of Thursday’s trading. The Dow Jones Industrial Average rose 0.61% to close at 33949.41. The S&P 500 climbed 1.1% to close at 4060.43. The tech-heavy Nasdaq Composite gained 1.76% to close at 11512.41. …

    26

    Jan 2023
    Market awaited US GDP and Jobless Claims data

    U.S. equities closed mostly mixed throughout Wednesday’s trading. The Dow Jones Industrial Average gained 0.03% to close at 33743.84. The S&P 500 lost 0.02% to close at 4016.22. The tech-heavy Nasdaq Composite lost 0.18% to close at 11313.36. U.S. equities …

    25

    Jan 2023
    Microsoft shares increased after earnings exceeded expectations

    U.S. equities struggled to maintain their recent rally throughout Tuesday’s trading. The Dow Jones Industrial Average gained 0.31% to close at 33733.96. The S&P 500 slipped 0.07% to close at 4016.95. The tech-heavy Nasdaq Composite lost 0.27% to close at …

    24

    Jan 2023
    Stock rose as influential segment started earnings season

    The equity market rallied two consecutive days on Monday, as the most influential segment of the US stock is about to kick off earnings in a test of the S&P500’s 12% surge from its October low. Giants like Microsoft Corp. …

    23

    Jan 2023
    Week ahead: Markets to focus on US GDP and Bank of Canada

    Markets will focus on the US Gross Domestic Products (GDP) report and the Bank of Canada (BoC) interest rate decision this week. Analysts have various predictions for the GDP reading in the US for Q4 of 2022 after the economy …

    23

    Jan 2023
    Fed officials eased concerns about aggressive policy moves

    US stock erased some of the week’s losses on Friday, as a tech rally buoyed risk sentiment and comments by Federal Reserve officials dialled back fears of overly aggressive policy moves. The Fed Governor Christopher Waller said the policy looks …

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