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Stocks Rise on Slowing Inflation Data, Fed Rate Hike Speculation

Stocks climbed as new inflation data revealed a slowdown in price pressures in May, fueling optimism among investors that the Federal Reserve might opt to forgo a rate hike during its upcoming policy decision this week. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all experienced gains, with the latter two indices reachingContinue Reading

S&P 500 Surges to 13-Month High Amid Optimism Over Fed Rate Hike Decision

The S&P 500 soared to its highest level in over a year as traders anticipated that the Federal Reserve would refrain from raising interest rates during their policy meeting. The index closed at 4,338.93, surpassing its previous high from August and marking the best intraday and closing levels since April 2022. The Nasdaq Composite alsoContinue Reading

Week Ahead: Markets to Focus on Major Central Banks Rate Decisions and US PPI and CPI

In the week ahead, market participants will be closely monitoring several vital economic events, including interest rate decisions by major central banks and the release of US Producer Price Index (PPI) and Consumer Price Index (CPI) data. Market watchers and financial experts are expected to pay close attention to these releases, eager to understand theirContinue Reading

U.S. Stock Futures Dip Despite S&P 500’s Record High; DocuSign Surges After Beating Expectations

U.S. stock futures experienced a slight decline on Thursday night, even as the S&P 500 reached its highest closing level of the year. Dow Jones Industrial Average futures dropped by 54 points, equivalent to 0.16%, while S&P 500 futures saw a 0.12% dip and Nasdaq 100 futures edged down by 0.08%. In extended trading, DocuSignContinue Reading

Notification of Server Upgrade – June 9, 2023

Dear Client, As part of our commitment to provide the most reliable service to our clients, there will be server maintenance this weekend. Maintenance Hours : 10th of June 2023 (Saturday) 02:00 – 11:00 (GMT+3) Please note that the following aspects might be affected during the maintenance: 1. The price quote feature on the ClientContinue Reading

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