Market Morning Notes For 9th January 2025
Market Commentary Global markets – The US indices ended mixed on Wednesday due to Fed meeting minutes. Dow closed higher by 0.3 pct while Nasdaq fell 0.1 pct. Global Indices % Change Last Close1 dayYTDDow Jones42,6350.30.2Nasdaq19,478-0.10.9Hang Seng19,3220.2-3.7Nikkei39,678-0.8-0.5 Commodities – Gold trading at USD 2,648, halting two days of gains. On the...
Market Morning Notes For 8th January 2025
Market Commentary Global markets – The US indices slipped on Tuesday as strong economic data fuelled fears of an inflation rebound, potentially slowing the Fed’s monetary easing. Dow closed lower by 0.4 pct while Nasdaq fell 1.4 pct. Global Indices % Change Last Close1 dayYTDDow Jones42,528-0.40.0Nasdaq19,489-1.90.9Hang Seng19,231-1.1-4.1Nikkei39,942-0.40.1...
Market Morning Notes For 7th January 2025
Market Commentary Global markets – The S&P 500 and the Nasdaq Composite closed green on Monday led by rally in certain chipmaker and technology stocks. Dow closed red by 0.1 pct while Nasdaq jumped 1.2 pct. Global Indices % Change Last Close1 dayYTDDow Jones42,706-0.10.4Nasdaq19,8641.22.9Hang Seng19,318-1.9-3.7Nikkei40,2642.40.9 Commodities – Gold trading...
Market Morning Notes For 6th January 2025
Market Commentary Global markets – US equity indices rose on Friday on the back of latest manufacturing data and Federal Reserve’s remarks. Dow closed green by 0.8 pct while Nasdaq jumped 1.8 pct. Global Indices % Change Last Close1 dayYTDDow Jones42,7320.80.4Nasdaq19,6211.81.6Hang Seng19,7680.0-1.5Nikkei39,394-1.3-1.3 Commodities – Gold trading at USD 2,641...
Market Morning Notes For 3rd January 2025
Market Commentary Global markets – US equity indices saw harsh start of the year with benchmark indices closed red weighed down by a sell-off in Tesla. Dow closed lower by 0.4 pct while Nasdaq fell 0.2 pct. Global Indices % Change Last Close1 dayYTDDow Jones42,392-0.4-0.4Nasdaq19,280-0.2-0.2Hang Seng19,7760.8-1.4Nikkei39,894-1.00.0 Commodities – Gold gain above...
Market Morning Notes For 2nd January 2025
Market Commentary Global markets – US equity indices ended lower on Tuesday but posted double digit returns in CY2024. Dow closed lower by 0.1 pct while Nasdaq fell 0.9 pct. Global Indices % Change Last Close1 dayYTDDow Jones42,544-0.112.9Nasdaq19,310-0.928.6Hang Seng19,748-1.615.8Nikkei39,894-1.019.2 Commodities – Gold gain above USD 2,630. Started year with...
Market Morning Notes For 1st January 2025
Market Commentary Global markets – US equity indices ended lower on Tuesday but posted double digit returns in CY2024. Dow closed lower by 0.1 pct while Nasdaq fell 0.9 pct. Global Indices % Change Last Close1 dayYTDDow Jones42,544-0.112.9Nasdaq19,310-0.928.6Hang Seng20,0590.117.7Nikkei39,894-1.019.2 Commodities – Gold set for strong finish in 2024. Gold has...
Market Morning Notes For 31st December 2024
Market Commentary Global markets – US equity indices ended last trading day of CY2024 in red dragged by Consumer discretionary, materials, and health sectors. Dow closed lower by 1 pct while Nasdaq slipped 1.2 pct. Global Indices % Change Last Close1 dayYTDDow Jones42,573-1.013.0Nasdaq19,486-1.229.4Hang Seng20,1750.518.3Nikkei39,979-0.719.5 Commodities – Gold...
Market Morning Notes For 30th December 2024
Market Commentary Global markets – US equity indices ended Friday lower amid declines in certain mega-cap stocks. Consumer discretionary saw biggest drop among sectors. Dow closed red by 0.8 pct while Nasdaq fell 1.5 pct. Global Indices % Change Last Close1 dayYTDDow Jones42,992-0.814.1Nasdaq19,722-1.531.4Hang Seng20,007-0.417.4Nikkei39,979-0.719.5 Commodities...