4 July 2023
Wall Street's major indexes closed slightly higher in a shortened trading session ahead of the 4th of July holiday, supported by a surge in Tesla shares and stronger banking stocks as their solid performance passed the Federal Reserve's stress check.
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3 July 2023
Wall Street's three major indexes advanced solidly on Friday, (30/06/23), with the Nasdaq technology index leading a 1.45% gain while bagging a semi-annual gain of more than 31% (the largest in 40 years) as US Inflation data proved tame; prompting Apple stock breached the USD 3 trillion mark for the first time in history.
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27 June 2023
Wall Street moved flat to bearish, with the Nasdaq leading the way down 1.16% in early trading on the last week of June, triggered by investor concerns that the Federal Reserve's aggressive posture on interest rate policy will send the country's economy into recession.
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26 June 2023
Global stock indexes fell and the U.S. dollar rose on Friday (23/06/23) as investors digested comments from Federal Reserve officials that signaled further interest rate hikes ahead.
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23 June 2023
Wall Street Index closed mixed on Thursday (22/06/23) after US Federal Reserve Chairman Jerome Powell continue to beat a hawkish drum in front of the Senate Banking Committee and signaled that more interest rate hikes are likely in the months ahead, a sentiment echoed by Fed Governor Michelle Bowman earlier in the session.
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