Daily Report | 7 June 2024

The S&P 500 and NASDAQ composite indexes ended flat on Thursday (06/06/24) taking a quick break after hitting record highs the day before, ahead of the key US labor market report NONFARM PAYROLLS.

Daily Report | 6 June 2024

World stocks rose amid falling US Treasury yields in Wednesday’s trading (05/06/24) as investors focused ahead of the EUROPEAN CENTRAL BANK (ECB) meeting due later this evening; while weak US labor market data strengthened speculation of a Federal Reserve rate cut in September.

Daily Report | 5 June 2024

The Dow Jones industrial average closed higher on Tuesday (04/06/24) as a drop in job openings to 3-year lows points to the fact that the US economy is growing, but on the other hand also raises hopes of a Federal Reserve interest rate cut this year.

Daily Report | 4 June 2024

The S&P 500 and Nasdaq closed in positive territory in a highly volatile session on Monday amid weak PMI data according to the INSTITUTE OF SUPPLY MANAGEMENT (ISM) – although on the other hand the S&P GLOBAL US MANUFACTURING PMI in May actually strengthened in expansionary territory – and due to a glitch on the NYSE causing trading halts in many equities.