In expectation of Federal Reserve Chair Jerome Powell’s testimony to Congress, the American stock markets have experienced a slight drop. During the testimony, Powell is expected to respond to inquiries about the central bank’s efforts to tackle inflation by adjusting interest rates. On Wednesday morning, the United States markets remained...
The stock market tends to rise with the increase in temperatures during summer. After 164 days, the S&P 500 index has entered a bull market due to a 23% increase from its lowest point in October 2020. The recovery period from a bear market to a bull market was only...
U.S. stocks showed a small uptick on Friday and continued a noteworthy upward trend, which was attributed to signs of a potential decrease in inflation and improved job prospects. What’s happening What’s driving the market The S&P 500 saw its sixth consecutive increase on Thursday, marking the longest period of...
According to Reuters on Wednesday, investors are predicting that the Federal Reserve’s campaign of tightening monetary policy is coming to a conclusion, and as a result, the futures for the S&P 500 and Nasdaq have experienced a small rise. The expectation is that the Federal Reserve in the United States...
The S&P 500 index closed at a higher point on June 9th compared to its opening point, however, it did not reach the peak point during the day. Despite Tesla’s upward momentum, the stock market overall did not react significantly due to the anticipation of upcoming policy meetings from the...
At present, the S&P 500 index is showing an optimistic market trend and there is minimal volatility. Moreover, more stocks are demonstrating an increase in value compared to earlier months. Does this suggest that investors should not have any worries? It appears that there is no cause for concern in...
