Fed meeting
US Stocks Find Stability Amid Inflationary Relief; Currency Markets Navigate Rate Expectations | Daily Market Analysis
Key events: UK - GDP (MoM) (Feb) Germany - German CPI (MoM) (Mar) Thursday saw US stocks stabilize following the previous session's significant declines, as investors found solace in the monthly producer prices report, which presented a more subdued inflationary scenario. Dow Jones Industrial Average dipped 140 points, or 0.4%, while the S&P 500 retreated 12 points or 0.2%, and the NASDAQ Composite advanced 25 points, or 0.2%.
Stocks Surge to New Peaks as S&P 500 Hits Record High; GBP/USD Dips in Anticipation of UK CPI Figures | Daily Market Analysis
Key events:
S&P 500 Rises Amid Tech Gains; Fed Meeting and Global Economic Indicators in Focus | Daily Market Analysis
Key events: Eurozone - CPI (YoY) (Feb) The S&P 500 ended the day on a positive note Monday, driven by gains in the technology sector, as investors turned their attention to the upcoming Federal Reserve meeting and its implications for interest rates. The Dow Jones Industrial Average edged up 75 points, or 0.2%, while the S&P 500 climbed 0.7% and the NASDAQ Composite advanced 0.8%.
S&P 500 Dips as Traders Brace for Central Bank Meetings | Daily Market Analysis
Key events: Eurozone - CPI (YoY) (Feb) On Friday, the S&P 500 experienced its second consecutive weekly decline, with the tech sector feeling the pressure from rising Treasury yields amid concerns that the Federal Reserve might emphasize the necessity for higher interest rates to persist in light of ongoing inflationary pressures. The S&P 500 index dropped by 0.6%, the NASDAQ Composite fell by 1%, and the Dow Jones Industrial Average saw a decline of 190 points, equivalent to 0.5%.
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