Market Morning Notes For 16th December 2024
Market Commentary Global markets – US equity indexes end mixed on Friday largely due to participants waiting for most awaited Federal Reserve’s Monetary Policy decision due this week. Global Indices % Change Last Close1 dayYTDDow Jones43,828-0.216.3Nasdaq19,9260.132.7Hang Seng19,901-0.416.7Nikkei39,5330.218.1 Commodities – Gold trading higher as investors Federal...
Market Morning Notes For 11th December 2024
Market Commentary Global markets – U.S. benchmark equity indexes ended session red as caution prevailed ahead of the release of the November consumer inflation report. Dow Jones fell 0.3 pct and Nasdaq slipped 0.2 pct. Global Indices % Change Last Close1 dayYTDDow Jones44,247-0.317.4Nasdaq19,687-0.231.2Hang Seng20,3810.319.6Nikkei39,112-0.616.9 Commodities – Gold...
Market Morning Notes For 6th December 2024
Market Commentary Global markets – U.S. stock indexes fell from Wednesday’s record highs as traders reviewed labor market data ahead of the November jobs report. Global Indices % Change Last Close1 dayYTDDow Jones44,765-0.618.8Nasdaq19,700-0.231.2Hang Seng19,5600.014.7Nikkei39,3950.017.7 Commodities – Gold edges up in early Asian trade ahead of the U.S....
Market Morning Notes For 5th December 2024
Market Commentary Global markets – On Wednesday, the Dow Jones Industrial Average was, for the first time, above the mark of 45,000 points, with the S&P 500 and Nasdaq Composite logged more record highs as markets digested the latest statements from Federal Reserve Chair Jerome Powell. Dow Jones grew 0.7 pct and Nasdaq jumped 1.3 pct. Global Indices % Change Last...
Market Morning Notes For 4th December 2024
Market Commentary Global markets – The S&P 500 and Nasdaq hit record highs on Tuesday, driven by tech gains as investors awaited jobs data. However, Dow Jones fell 0.2 pct and Nasdaq grew 0.4 pct. Global Indices % Change Last Close1 dayYTDDow Jones44,705-0.218.6Nasdaq19,4800.429.8Hang Seng19,7590.115.9Nikkei39,076-0.416.8 Commodities – Gold remained above $2,640...
Market Morning Notes For 3rd December 2024
Market Commentary Global markets – The S&P 500 and the Nasdaq Composite both set new records Monday as markets made sense of manufacturing sector data for November and comments made by Federal Reserve officials. However, Dow Jones fell 0.3 pct and Nasdaq jumped 1 pct. Global Indices % Change Last Close1 dayYTDDow Jones44,782-0.318.8Nasdaq19,4031.029.3Hang...
Market Morning Notes For 2nd December 2024
Market Commentary Global markets – Dow Jones and S&P 500 broke through their previous high, wrapping up a month green due to Donald Trump’s victory in the presidential election. Dow Jones Jumped 0.4 pct and Nasdaq grew 0.8 pct. Global Indices % Change Last Close1 dayYTDDow Jones44,9100.419.2Nasdaq19,2180.828.0Hang Seng19,4880.314.3Nikkei38,2190.014.2...
Market Morning Notes For 29th November 2024
Market Commentary Global markets – Dow futures up 100 points while Cash market was closed on account of Thanksgiving Day. Global Indices % Change Last Close1 dayYTDDow Jones44,722-0.318.7Nasdaq19,060-0.627.0Hang Seng19,4260.414.0Nikkei38,192-0.414.1 Commodities – Prices of Gold remains even as dollar rose. Crude Brent rose due to Hezbollah trade charges of Ceasefire...
Market Morning Notes For 28th November 2024
Market Commentary Global markets – The Dow Jones Industrial Average and the S&P 500 lost momentum and continued to decline following Tuesday’s record highs against the backdrops of economic data being assessed by the market. The Dow Jones slipped by 0.3 pct, while the Nasdaq also fell by 0.6 pct. Global Indices % Change Last Close1 dayYTDDow...