The Dow Industrial Average dropped 1,123 points to 42,326.87, marking its 10th consecutive day of decline and the longest since 1974. The Dow is lining up for potentially its worst weekly performance since March 2023. The S&P 500 fell 2.95% to 5,872.16, while the Nasdaq Composite decreased 3.56% 19,392.69 asRead More →
On Tuesday 17th December 2024, the Dow Jones Industrial Average lost 0.61%, completing a nine-day losing streak. The Dow Jones Industrial Average has recently experienced its longest losing streak since the 1970’s – 1978 to be precise. The index has suffered nine consecutive days of declines. This downward trend began on 4th December,Read More →
More new records set in extended U.S. post-election rally The S&P 500 and Nasdaq climbed on Thursday 7th November 2024, extending the rally following the victory of President-elect Donald Trump, while traders considered the implications of the Federal Reserve’s recent rate reduction. The S&P 500 rose to close at anRead More →
Nvidia is set to replace its rival chipmaker Intel in the Dow Jones Industrial Average, signifying a significant change in the blue-chip index that highlights the surge in artificial intelligence and a substantial shift within the semiconductor industry. Intel’s shares fell by 1% in extended trading on Friday 1st NovemberRead More →
Stocks broadly climbed for a second consecutive session on 9th October 2024 with Dow & S&P 500 reaching new record highs The S&P 500 and Dow Jones Industrial Average both closing at record highs, buoyed by a surge in technology stocks and a dismissal of geopolitical worries. The S&P 500Read More →
Stocks soared on Thursday 19th September 2024, with the Dow Jones Industrial Average and the S&P 500 reaching new record highs, following the Federal Reserve’s decision on Wednesday to cut interest rates by half a percentage point. The Dow Jones climbed 522.09 points to close at 42025, surpassing 42000 forRead More →
On Monday 5th August 2024, stocks plummeted, marking the Dow Jones Industrial Average’s worst performance in nearly two years, igniting a worldwide market downturn due to concerns about the U.S. economy’s stability. The Dow fell 1033.99 points closing at 38703. The Nasdaq Composite dropped to close at 16200, while theRead More →
The seven most valuable U.S. tech companies experienced a combined loss of $1 trillion in market value at the start of Monday’s trading session – 5th August 2024 The Nasdaq declined over 3% following its sharpest three-week drop in two years. Nvidia’s shares fell approximately 6%, while Apple’s dropped moreRead More →
U.S. stock futures slumped Monday 5th August 2024 as global markets sell-off centered around potential U.S. recession fears. About one hour before U.S. stocks open – here’s the situation Dow Jones Industrial Average futures dropped 1250 points following a 611point loss on Friday 2nd August 2024. S&P 500 futures are down 4.6%Read More →
Stocks sold off Wednesday 24th July 2024, blighted by underwhelming reports from Tesla and Alphabet – leading the Nasdaq Composite and the S&P 500 to post their worst sessions since 2022. The S&P 500 index dropped to closing at 5427, while the tech-heavy Nasdaq slid around 3.65% to end at 17342. The DowRead More →
On Wednesday 17th July 2024, the Nasdaq Composite and S&P 500 pulled-back as investors continued to shift from tech stocks to more interest rate-sensitive sectors. The S&P 500 dropped 1.39%, closing at 5588. The tech-geared Nasdaq tumbled 2.77%, finishing at 17996, marking its worst session since December 2022 and endingRead More →
The Dow Jones Industrial Average closed at a record high Tuesday 16th July 2024, rallying 743 points for its biggest one-day increase in more than a year, as the bull run appeared to broaden. The small cap-focused Russell 2000 also rose for the fifth straight day, rising 3.5% fast closing in onRead More →
Let the rotation begin The Dow Jones Industrial Average surged on Friday 12th July 2024 as investors began to diversify beyond the technology sector. The Dow closed at 40,000.90, after hitting a new all-time high of 40,257. The S&P 500 added 0.55% to 5,615, and the Nasdaq Composite went upRead More →
On Wednesday, 10th July 2024, the S&P 500 reached a new record high, surpassing 5,600 for the first time, propelled by a significant surge in semiconductor stocks. The S&P 500 index rose by 1.02%, ending the day at 5,633 and marking its seventh consecutive day of gains. The Nasdaq CompositeRead More →
The S&P 500 retreated on Thursday 20th June 2024, having momentarily surpassed the 5500 for the first time ever, as Nvidia, a favourite stock with Wall Street investors, relinquished its earlier gains. The S&P 500 index fell 0.25% to end at 5473. Earlier in the session, the S&P 500 gainedRead More →
The S&P 500 climbed on Monday 17th June 2024, closing at a new record high aided by the substantial weighted rebalancing of an ETF. The index concluded at 5473, while the Nasdaq Composite soared to 17857. The Dow Jones Industrial Average gained 188.94 points, finishing at 38778. These gains occurredRead More →
On Friday 14th June 2024, the Nasdaq Composite edged up to close at a record high for the fifth consecutive session. The tech-centric index rose slightly by 0.12%, finishing at 17688. The S&P 500 dipped slightly to close at 5431 and ending its four-day streak of gains. The Dow JonesRead More →
The S&P 500 and Nasdaq Composite reached new closing highs on Tuesday 11th June 2024, propelled by Apple as the tech giant’s stock hit a record itself. The S&P 500 index climbed to a new high to close at 5375, while the Nasdaq Composite finished the day at 17343. BothRead More →
The S&P 500 reached a new high as Nvidia surpassed the $3 trillion mark for the first time, and the anticipation of an interest rate cut grew due to softer-than-expected job data. S&P 500 all-time high as of 5th June 2024 Similarly, the Nasdaq 100 and Nasdaq Composite achieved newRead More →
The Nasdaq Composite closed at an all-time high above 17,000 for the first time, propelled by a rise in Nvidia shares, despite a generally uneventful market day. Nasdaq 100 all-time high of 18907 Nasdaq Comp hit all-time high of 17019 The S&P 500 saw a marginal increase of 0.02%. FollowingRead More →
The Nasdaq is a stock market index predominantly comprising technology and internet-related companies. Investors and traders closely monitor its performance as it serves as a barometer for the technological sector’s robustness and the general market mood. Nasdaq all-time high The Nasdaq Composite surpassed its previous highest value, marking a significantRead More →
The Dow Jones Industrial Average marked a historic achievement by closing above 40,000 points for the first time. On Friday 17th May 2024, the index increased by 134.21 points to settle at 40,003.59. Concurrently, the S&P 500 saw a modest rise, while the Nasdaq Composite closed lower. The rise thisRead More →
All three major indices closed at records on 15th May 2024 The Dow climbed 0.88%, while the S&P 500 gained 1.17%, ending the session above 5,300 for the first time. The tech-related Nasdaq Composite closed higher by 1.40%. Dow closed at a new high of: 39908 S&P 500 closed at a new high of: 5308 Nasdaq CompositeRead More →
The S&P 500 surged to a new all-time high on Thursday 22nd February 2024 Microchip maker Nvidia reported much stronger-than-expected quarterly results, lifting tech sector and markets higher. S&P 500 The S&P 500 gained just over 2% to close at 5087, notching its best day since January 2023. The Nasdaq Composite advanced 2.96% forRead More →
U.S. stocks have had a good year in 2023, and a great start to 2024 with new record highs being set. Many major indices have recorded double-digit gains. However, some analysts have warned that the rally may not last, as it has been driven by a few large-cap technology and growthRead More →
The S&P 500 climbed again Wednesday 7th February 2024 and edged ever closer to the 5,000 level. S&P 500 hit a new high of 4995 The index, which first breached the 4,000 level in April 2021, added around 0.82% to close at 4,995.06. During session highs, the S&P hit 4,999.89. Quarterly results signalledRead More →