Tag Archives: US Stocks
U.S. Stocks Slump on Data Uncertainty
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U.S. stocks declined on Tuesday, as investors awaited data expected to impact the Federal Reserve’s decision on interest rate cuts. The Dow dropped to 40,936.93, while the S&P 500 lost 2.12% to 5,528.93, and the Nasdaq Composite 3.26% to 17,136.30. (NASDAQ Index Daily Price Chart, Source: Trading View) Chip stocks were notably affected, with Nvidia, […]
US Stock Market’s Recent Surge Thanks To Cool Labor Market
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The Bright Outlook for US Stocks: A Market Analysis In November 2023, the US stock market witnessed a significant upswing, reinforcing expectations of an end to the era of rate hikes. The Dow Jones index soared by more than 560 points on November 2nd, marking its most remarkable daily gain since June. Simultaneously, the S&P […]