ECB
Dow Hits Fourth Record Close Amid Strong Retail Sales, TSMC Boosts Chipmakers | Daily Market Analysis
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Stock Market Surges to Record Highs as Earnings Season Kicks Off, Forex Faces Dollar Strength and Global Uncertainty | Daily Market Analysis
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% to close at 5,814.75, while the NASDAQ Composite added 0.3%, and the Dow surged 409 points, or 1%, ending the day at a new high of 42,863.86.
Global Markets Brace for Central Bank Updates: US Stocks Steady, Currencies and Gold in Play | Daily Market Analysis
Key events: UK - CPI (YoY) (Aug) Eurozone - CPI (YoY) (Aug) USA - Crude Oil Inventories USA - FOMC Economic Projections USA - FOMC Statement USA - Fed Interest Rate Decision USA - FOMC Press Conference US stocks remained mostly unchanged on Tuesday, despite an upbeat retail sales report that eased concerns about a significant economic downturn ahead of the Federal Reserve's upcoming policy meeting.
Wall Street Gains as Investors Bet on Bigger Fed Rate Cut | Daily Market Analysis
Key events: Switzerland - PPI (MoM) (Aug) Eurozone - ECB's De Guindos Speaks Eurozone - Wages in euro zone (YoY) (Q2) Eurozone - Trade Balance (Jul) Eurozone - ECB's Lane Speaks USA - NY Empire State Manufacturing Index (Sep) Wall Street’s major indices finished the week on a positive note, with investors focused on the possibility of a larger interest rate cut from the Federal Reserve in the upcoming week. Small-cap stocks, which are more sensitive to rate changes, led the market gains.
Stocks Rebound in August as Economic Fears Ease; Gold Falls Amid Strong Dollar and China Concerns | Daily Market Analysis
Key events: USA - Labor Day Eurozone - HCOB Eurozone Manufacturing PMI (Aug) UK - S&P Global/CIPS UK Manufacturing PMI (Aug) The S&P 500 ended higher on Friday, wrapping up August with its fourth consecutive monthly gain, as fading economic concerns fueled a strong rebound in stocks following an earlier selloff.
Markets Brace for Powell's Jackson Hole Speech as Wall Street Sinks and Gold Gains Support | Daily Market Analysis
Key events: USA - Fed Chair Powell Speaks USA - New Home Sales (Jul) On Thursday, the S&P 500 ended in the red, weighed down by rising yields as investors took a cautious approach ahead of Federal Reserve Chairman Jerome Powell's upcoming speech at Jackson Hole. The Dow Jones Industrial Average dropped 177 points, or 0.4%, while the S&P 500 decreased by 0.8%, and the Nasdaq Composite saw a larger decline of 1.6%.
S&P 500 Ends Winning Streak Amid Jobs Report; Fed Rate Cut Expectations Adjusted | Daily Market Analysis
Key events: USA - NY Fed 1-Year Consumer Inflation Expectations Switzerland - SNB Chairman Thomas Jordan speaks Despite a robust rally on Friday, the S&P 500 snapped a two-week winning streak as a stronger-than-expected jobs report failed to catalyze a significant increase in wages, instilling hope for a gentle economic transition.
Global Markets React to Powell's Rate Cut Signals: US Stocks Soar, Currencies Fluctuate, and BoJ's Policy Shift Boosts Japanese Yen | Daily Market Analysis
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Markets Reach Record Highs, Boeing's Acquisition Talks, and Central Banks Take Center Stage | Daily Market Analysis
Key events: Australia - Building Approvals USA - FOMC Member Harker Speaks The week concluded with the S&P 500 and Nasdaq achieving record closes, propelled by a decline in Treasury yields and a surge in chip stocks led by Nvidia. Tech sector quarterly results continue to reflect a growing demand for artificial intelligence.
Surge in S&P 500 and Dow Jones to Historic Highs Fueled by Tech Stocks, Nvidia's Impressive Earnings | Daily Market Analysis
Key events: Eurozone - German GDP (QoQ) (Q4) Eurozone - ECB's Schnabel Speaks Eurozone - ECB's Supervisory Board Member Jochnick Speaks Investors propelled the S&P 500 and Dow Jones Industrial Average to historic closing highs on Thursday, driven by a surge in interest in growth and technology stocks. This came on the heels of Nvidia (NASDAQ: NVDA), a prominent figure in artificial intelligence, reporting impressive earnings and providing an optimistic outlook.