​​​​​​​S&P 500 Rebounds on Tech Rally While Inflation Tempers Fed Rate Cut Expectations | Daily Market Analysis

Key events: Eurozone - Deposit Facility Rate (Sep) Eurozone - ECB Interest Rate Decision (Sep) USA - Initial Jobless Claims USA - PPI (MoM) (Aug) Eurozone - ECB Press Conference USA - 30-Year Bond Auction The S&P 500 trimmed its losses on Wednesday, as a tech rally led by Nvidia helped offset declining expectations for a large interest rate cut by the Federal Reserve next week. This came after data showed a slight increase in core inflation last month.

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Tech Stocks Tumble as US Markets Weaken, USD Strengthens Ahead of Key Economic Data | Daily Market Analysis

Key events: Canada - BoC Interest Rate Decision USA - JOLTs Job Openings (Jul) US stocks declined on Tuesday, with tech stocks facing pressure as the shortened trading week kicked off. Investors are closely watching a series of economic data releases, including the monthly jobs report, which will play a crucial role in shaping the Federal Reserve's upcoming rate decision. The Dow Jones Industrial Average lost 431 points, or 1%, while the S&P 500 fell 0.%. The NASDAQ Composite took a hit, dropping 2.4%.

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Market Mixed as S&P 500 Inches Higher, Nvidia Drags Tech, and Strong US Data Eases Recession Fears | Daily Market Analysis

Key events: Eurozone - CPI (YoY) (Aug) USA - Core PCE Price Index (MoM) (Jul) USA - Core PCE Price Index (YoY) (Jul) USA - Chicago PMI (Aug) The S&P 500 managed to close slightly higher on Thursday, despite a pullback in tech stocks led by Nvidia, as strong economic data from the US helped ease recession concerns and limit downward pressure. By the close of trading, the Dow Jones Industrial Average increased by 143 points, or 0.6%, the S&P 500 edged up by 0.1%, while the NASDAQ Composite dipped 0.2%.

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Tech Sector Tumbles as Nvidia Weighs on S&P 500 Ahead of Key Earnings; Markets Eye Fed and GDP Data | Daily Market Analysis

Key events: Eurozone - ECB's Schnabel Speaks Eurozone - ECB's Lane Speaks  Eurozone - Eurogroup Meetings USA - GDP (QoQ) (Q2) USA - Initial Jobless Claims USA - FOMC Member Bostic Speaks  The S&P 500 ended Wednesday in the red as a decline in Nvidia dragged down the tech sector ahead of the chipmaker's quarterly earnings release. Dow Jones futures dropped 0.4%, or 159 points, while S&P 500 futures slipped 0.6%, and Nasdaq 100 futures fell 1.1%.

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Dow Dips, Nasdaq Inches Up as Nvidia Earnings Take Center Stage | Daily Market Analysis

Key events: USA - Fed Waller Speaks Eurozone - Eurogroup Meetings UK - BoE MPC Member Mann Speaks USA - Crude Oil Inventories US stocks showed mixed performance on Tuesday, as investors remained cautious ahead of Nvidia's earnings report due on Wednesday. The Dow Jones Industrial Average had dropped 67 points, or 0.2%, while the S&P 500 inched up by 0.1%, and the NASDAQ Composite gained 0.1%.

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Dow Jones Drops Over 1000 Points Amid Economic Slowdown Fears and Tech Stock Pressure | Daily Market Analysis 

Key events: Australia - RBA Interest Rate Decision (Aug) The Dow Jones Industrial Average plummeted over 1000 points on Monday as mounting fears of an economic slowdown exerted pressure on high-performing technology stocks. The Dow fell by 1033 points, or 2.6%, while the S&P 500 declined by 2.9%, and the NASDAQ Composite dropped by 3.4%. These significant losses followed last week's selloff, driven by concerns of an impending economic downturn.

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Nvidia's Rally Boosts S&P 500 and NASDAQ Amid Anticipation for Major Earnings | Daily Market Analysis

Key events: Eurozone - ECB's Lane Speaks Eurozone - Eurogroup Meetings Canada - New Housing Price Index (MoM) (Jun) USA - Existing Home Sales (Jun) The S&P 500 surged on Monday, led by a tech stock rebound spearheaded by Nvidia, following recent weakness, as investors anticipated quarterly earnings reports from major tech companies this week.

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Markets Tumble Amid Tech Stock Rotations and Mixed Economic Data | Daily Market Analysis

Key events: UK - Core Retail Sales (MoM) (Jun) Canada - Core Retail Sales (MoM) (May) USA - FOMC Member Williams Speaks USA - FOMC Member Bostic Speaks The S&P 500 slumped for a second consecutive day on Thursday, experiencing wild swings as the early-day rebound in tech faded amid an ongoing rotation out of high-flying megacap tech stocks ahead of Netflix's earnings report.

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Dow Surges to New Highs as Tech Stocks Plummet on Geopolitical Concerns | Daily Market Analysis

Key events: UK - Unemployment Rate (May) Eurozone - Deposit Facility Rate (Jul) Eurozone - ECB Interest Rate Decision (Jul) USA - Initial Jobless Claims USA - Philadelphia Fed Manufacturing Index (Jul) Eurozone - ECB Press Conference The Dow surged on Wednesday, led by gains in financial and energy sectors as investors rotated away from tech stocks, which were hit by an Nvidia-led decline on geopolitical concerns.

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US Stocks Drop Despite Inflation Slowdown as Rate Cut Speculation Grows | Daily Market Analysis

Key events: USA - PPI (MoM) (Jun) Canada - Building Permits (MoM) (May) USA - Michigan Consumer Sentiment US stocks fell on Thursday despite inflation data suggesting a slowdown in the US economy, which raised the possibility of Federal Reserve interest rate cuts later this year.

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