Market movement Stocks and oil prices fell on Thursday after the U.S. Federal Reserve intimated it could soon cut back its support An increase in the spread of covid-19 delta variant, signs of Chinese economic weakness and the Taliban’s takeover of Afghanistan also spooked investors. FTSE 100, Dow and S&PRead More →
Pressure appears to be building as the stock market bull run falters. Major indices have given up gains and moved away from lofty highs. The DOW, S&P 500 and Nasdaq all closed down – each losing around 1% on Wednesday, 18th August 2021. The FTSE 100 and DAX, Nikkei andRead More →
The DOW at a jackpot high! The DOW, S&P 500 and Nasdaq have recently touched all time highs but where now for the U.S. stock market? Is it time for a breather? More upside? Many analysts suggest there is still room for more gains, especially for the S&P 500 –Read More →
The U.S. economy grew thanks mainly to consumer spending but it was well below the expected growth level of 8.4% The U.S. economy is now bigger than before the pandemic hit – so why is the Fed still leaving ultra accommodative policies in place? After all – the economy, accordingRead More →
U.S. markets up again Even as tensions between the U.S. and China continue to rise and as the delta variant gains more attention in the U.S. – the U.S stock market go up. Investors also appear to shrug off inflation worries too. The Dow, S&P 500 and Nasdaq all notchedRead More →
Dow hits 35000 Markets move up and markets move move down – that’s what they do. So we really shouldn’t be that surprised when new record highs are broken – but this always makes for a good headline. The Dow this week re-gained all of the losses from the previousRead More →
Stocks tumble on delta variant fears Stock markets took a hit Monday 19th July 2021, as the headlines read, ‘Dow tumbles 900 points on concern of a Covid rebound‘. Is Covid entirely to blame for this fall? No, not entirely. Fickle highs? So, why now, after all – the virusRead More →
Dow down Inflation fears and the growing threat of the Covid-19 delta variant overshadowed strong retail sales data and better than expected earnings reports as the Dow fell after touching 35000 on the day. U.S. indices finish the week in the red The Dow lost nearly 300 points to closeRead More →
Inflation at 2.5% The UK inflation rate hit 2.5% in the year to June, the highest for nearly three years, as the ‘re-opening’ of the UK economy continued. The Consumer Prices Index (CPI) measure of inflation rose from 2.1% in May, the Office for National Statistics (ONS) said, driven byRead More →
The country’s gross domestic product (GDP) reportedly increased 7.9% in the second quarter from a year ago, the National Bureau of Statistics reported Thursday. Retail sales rose 12.1% in June from a year ago. Industrial production grew by 8.3%. Sustained recovery China’s economy sustained a steady recovery – the statisticsRead More →