Weekly Market Analysis page 12
October 14, 2024
Key events:
USA - OPEC Monthly Report
USA - FOMC Member Kashkari Speaks
USA - Fed Waller Speaks
On Friday, the Dow Jones and S&P 500 closed at record highs, with the latter surpassing the 5,800 mark for the first time, buoyed by JPMorgan’s strong earnings performance. The S&P 500 rose 0.4…
October 11, 2024
Key events:
UK - GDP (MoM) (Aug)
USA - PPI (MoM) (Sep)
The S&P 500 finished lower on Thursday as unexpectedly strong inflation figures complicated expectations for potential Federal Reserve rate cuts.
The Dow Jones Industrial Average dropped by 151 points, or 0.4%, while the S&P 500…
October 10, 2024
Key events:
USA - Core CPI (MoM) (Sep)
USA - CPI (YoY) (Sep)
USA - CPI (MoM) (Sep)
USA - Initial Jobless Claims
USA - 30-Year Bond Auction
The S&P 500 closed higher on Wednesday as investors continued to analyze signals from the Federal Reserve regarding future interest rate moves, ahead of…
October 09, 2024
Key events:
USA - Crude Oil Inventories
USA - 10-Year Note Auction
USA - FOMC Meeting Minutes
The stock market closed on a strong note, with tech stocks driving gains, notably led by Nvidia, as the third-quarter earnings season got underway.
The Dow Jones Industrial Average climbed 126 points, or…
October 08, 2024
Key events:
Eurozone - ECB's Schnabel Speaks
Eurozone - Eurogroup Meetings
Eurozone - ECB McCaul Speaks
USA - FOMC Member Bostic Speaks
The S&P 500 slid lower on Monday, pressured by a rise in Treasury yields after a much stronger-than-expected jobs report reduced hopes for a sizable interest…
October 07, 2024
Dow Hits Record High Amid Strong Jobs Data, Fed Rate Cut Prospects Diminish | Daily Market Analysis
Key events:
Eurozone - ECB's Lane Speaks
Eurozone - Eurogroup Meetings
USA - FOMC Member Bowman Speaks
USA - FOMC Member Kashkari Speaks
The Dow surged to fresh record highs on Friday, driven by a…
October 04, 2024
Key events:
USA - Average Hourly Earnings (MoM) (Sep)
USA - Nonfarm Payrolls (Sep)
USA - Unemployment Rate (Sep)
The S&P 500 declined on Thursday as investors responded to signs of a softer labor market and ongoing geopolitical concerns in the Middle East, with a key monthly jobs report on…
October 03, 2024
Key events:
USA - Initial Jobless Claims
USA - S&P Global Services PMI (Sep)
USA - ISM Non-Manufacturing PMI (Sep)
USA - ISM Non-Manufacturing Prices (Sep)
On Wednesday, the Dow Jones eked out a slight gain, supported by stronger jobs data, though rising tensions in the Middle East tempered…
October 02, 2024
Key events:
USA - ADP Nonfarm Employment Change (Sep)
USA - Crude Oil Inventories
The S&P 500 declined on Tuesday as investors moved away from riskier assets due to escalating concerns over a broader Middle East conflict, following Iran's launch of multiple missiles targeting Israel.
The Dow…
October 01, 2024
Key events:
Eurozone - CPI (YoY) (Sep)
USA - S&P Global US Manufacturing PMI (Sep)
USA - ISM Manufacturing PMI (Sep)
USA - ISM Manufacturing Prices (Sep)
USA - JOLTs Job Openings (Aug)
The S&P 500 ended Monday with gains, closing higher and capping off a strong third quarter. Investor…
September 30, 2024
Key events:
China - Manufacturing PMI (Sep)
UK - GDP (QoQ) (Q2)
UK - GDP (YoY) (Q2)
USA - Chicago PMI (Sep)
USA - Fed Chair Powell Speaks
On Friday, the Dow Jones Industrial Average reached record highs, closing with a gain of 137 points (0.3%) at 42,313.00. Energy stocks surged, and signs of…
September 27, 2024
Key events:
Eurozone - ECB's Lane Speaks
USA - Core PCE Price Index (MoM) (Aug)
USA - Core PCE Price Index (YoY) (Aug)
USA - Michigan Consumer Sentiment (Sep)
USA - FOMC Member Bowman Speaks
The S&P 500 surged to a new record close on Thursday, propelled by a boost in chip stocks, led by…











