Weekly Market Analysis page 6

Key events: USA - ISM Manufacturing PMI (Dec) USA - ISM Manufacturing Prices (Dec) US stocks closed lower on Thursday, erasing earlier gains as concerns over domestic security incidents weighed on market sentiment. The Dow Jones Industrial Average fell 156 points (0.4%), while the S&P 500…

Key events: USA - Initial Jobless Claims USA - S&P Global US Manufacturing PMI (Dec) USA - Crude Oil Inventories The S&P 500 wrapped up 2024 on a cautious note, slipping 0.4% during the final trading session of the year. Despite the dip, the index posted an impressive annual gain of…

Key events: New Year's Day - Early close The S&P 500 closed lower on Monday as investors appeared to secure profits after a stellar year, signaling caution as 2024 approaches its conclusion. The Dow Jones Industrial Average fell 418 points, or 1%, while the S&P 500 dropped 1.1%, and the…

Key events: USA - Chicago PMI (Dec) The S&P 500 managed to end the week on a positive note despite a dip on Friday, as technology stocks led the decline under pressure from rising Treasury yields. On Friday, the S&P 500 dropped 1%, the NASDAQ Composite fell 1.5%, and the Dow Jones…

Key events: USA - Crude Oil Inventories The S&P 500 ended Thursday nearly unchanged after fluctuating between gains and losses amid reduced trading activity during a shortened holiday week. By the session’s close, the S&P 500 dipped 0.1%, and the NASDAQ Composite matched the same loss,…

Key events: USA - Initial Jobless Claims The S&P 500 climbed 1.1% on Tuesday in light trading ahead of the Christmas holiday, with tech stocks driving gains for the second consecutive session. The Nasdaq 100 advanced 1.4%, while the Dow Jones Industrial Average gained 0.9%, or 350 points.…

Key events: Christmas - Early close The S&P 500 closed in positive territory on Monday, as technology stocks surged, led by a robust rally in semiconductor equities. This strong start to a holiday-shortened week set a positive tone for the markets. By the close of trading, the Dow Jones…

Key events: UK - GDP (YoY) (Q3) UK - GDP (QoQ) (Q3) USA - CB Consumer Confidence (Dec) US stocks surged on Friday, wrapping up the week on a positive note after two sluggish sessions, as a cooler-than-expected inflation report and dovish remarks from Federal Reserve officials eased concerns about…

Key events: USA - Core PCE Price Index (MoM) (Nov) USA - Core PCE Price Index (YoY) (Nov) Stocks showed minimal movement on Thursday, with a late-session dip stifling a potential recovery from the sharp losses seen the day before. The Dow Jones Industrial Average inched up by less than 0.1%,…

Key events: Japan - BoJ Interest Rate Decision UK - BoE Interest Rate Decision (Dec) USA - GDP (QoQ) (Q3) USA - Initial Jobless Claims USA - Philadelphia Fed Manufacturing Index (Dec) USA - Existing Home Sales (Nov) The Dow Jones Industrial Average experienced a dramatic drop of over 1,100 points…

Key events: UK - CPI (YoY) (Nov) Eurozone - CPI (YoY) (Nov) USA - Crude Oil Inventories USA - FOMC Economic Projections USA - FOMC Statement USA - Fed Interest Rate Decision USA - FOMC Press Conference The Dow Jones Industrial Average extended its losing streak to nine sessions on Tuesday,…

Key events: USA - Core Retail Sales (MoM) (Nov) USA - Retail Sales (MoM) (Nov) The Nasdaq reached a historic high on Monday as technology stocks led the rally ahead of the Federal Reserve's final policy meeting of the year. The NASDAQ Composite surged by 1.1%, closing at a record 20,173.74, while…