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...
Market Morning Notes For 27th December 2024
Market Commentary Global markets – The Dow Jones edged up Thursday, marking its fifth straight gain, despite light trading and pressure on tech megacaps from rising Treasury yields. Dow closed positive by 0.1 pct while Nasdaq fell 0.1 pct. Global Indices % Change Last Close1 dayYTDDow Jones43,3250.115.0Nasdaq20,020-0.133.4Hang Seng20,029-0.317.5Nikkei40,0741.319.8...
Market Morning Notes For 26th December 2024
Market Commentary Global markets – US benchmark Indices closed in green on Tuesday, led by gains in megacap and growth stocks during a shortened Christmas Eve session. Dow closed higher by 0.9 pct, Nasdaq jumped 1.4 pct. Global Indices % Change Last Close1 dayYTDDow Jones43,2970.914.9Nasdaq20,0311.433.4Hang Seng20,0981.117.9Nikkei39,3360.517.5 Commodities –...
Market Morning Notes For 24th December 2024
Market Commentary Global markets – US benchmark Indices closed in positive territory led by rally in tech stocks and positive cues. Dow closed higher by 0.2 pct, Nasdaq jumped 1 pct. Global Indices % Change Last Close1 dayYTDDow Jones42,9060.213.8Nasdaq19,7641.031.7Hang Seng20,1391.318.1Nikkei39,055-0.316.7 Commodities – Gold trading in the green zone, amid...
Market Morning Notes For 23rd December 2024
Market Commentary Global markets – US benchmark Indices recovered on Friday after falling sharply on Thursday, rally was led by cooler-than-expected inflation report. Dow closed higher by 1.2 pct, Nasdaq jumped 1.3 pct. Global Indices % Change Last Close1 dayYTDDow Jones42,8401.213.7Nasdaq19,5721.330.4Hang Seng19,8170.516.2Nikkei39,0430.916.7 Commodities – Gold...
Market Morning Notes For 20th December 2024
Market Commentary Global markets – US benchmark Indices ended mixed as investors evaluated latest economic data and corporate earnings. Dow closed 0.4 pct up, Nasdaq fell 0.3 pct. Global Indices % Change Last Close1 dayYTDDow Jones42,3420.012.3Nasdaq19,327-0.328.8Hang Seng19,8600.516.5Nikkei38,8890.216.2 Commodities – Gold traded flat, heading for a weekly...
Market Morning Notes For 19th December 2024
Market Commentary Global markets – US benchmark Indices tumbled after Federal Reserve decided to cut interest rates by 25 bps and cited slower pace of cuts next year and revised their outlook from 4 rate cuts to 2 rate cuts in 2025. Global Indices % Change Last Close1 dayYTDDow Jones42,326-2.612.3Nasdaq19,392-3.629.2Hang Seng19,676-0.915.4Nikkei38,708-1.015.4...
Market Morning Notes For 18th December 2024
Market Commentary Global markets – Dow Jones slipped for 9th straight days ahead of Federal Reserve’s Monetary Policy decision and latest economic data. Global Indices % Change Last Close1 dayYTDDow Jones43,449-0.615.3Nasdaq20,109-0.334.0Hang Seng19,8810.916.6Nikkei39,281-0.217.4 Commodities – Gold trading in a tight range as investors Federal Reserve meeting today....