Yearly Archives - 2023

European stocks benefit from the slowing price growth

17 Jan 2023 - Today's focus will be on the European markets, as the US was closed overnight due to the public holiday of Martin Luther King Day. European equity markets closed higher: the STOXX 600 closed 0.4% higher, the FTSE closed up by 0.2%, whilst the DAX and CAC added 0.3%.

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US stocks rose on Friday as inflation is looking to cool in 2023

16 Jan 2023 - Stocks rose on Friday as investors digested bank earnings and bet inflation would ease in 2023. All of the major indexes fought their way into the green after beginning the day deep in the red. The Dow Jones Industrial Average rose 0.33%. The S&P 500 rose 0.40% and the Nasdaq Composite advanced 0.71%.

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All US sectors rally ahead of optimistic CPI data

12 Jan 2023 - US stocks rose Wednesday as investors grew increasingly confident Thursday’s consumer price index will show cooling inflation and signal to the Federal Reserve that previous interest rate hikes have had their intended impacts. The Dow Jones Industrial Average advanced 0.8 per cent and the S&P 500 gained 1.3 per cent, while the Nasdaq Composite added 1.8 per cent.

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