Stock market

China abandons 5-year GDP target

China began a new five-year plan in 2021, the 14th in a row, and for the first time in the preliminary assessment there is no target value in the plan for the country’s GDP. There is a figure in the draft version, which mentions 6% or more, while inflation should be at 3%, and the […]

6 months ago
0
0
Stock market
S&P 500 heading towards 4,100

The S&P 500 tested a new high of 4,086.23 yesterday but dipped to 4,073.94 by the close. Given that the US stock market looks poised to extend the uptrend, more record-setting highs could be in the cards. At this point, buyers are targeting 4,100. Market sentiment is running high as the White House’s new initiative […]

6 months ago
0
0
Stock market
S&P 500 is heading for 4,200

The S&P 500 index rose 5-10% in Q1 and looks set to extend gains by at least 12.4% this year, according to LPL Research. Strategists base their analysis on historical parallels. This makes sense, since the US stock market has an extensive history that in many ways makes it a bellwether. LPL’s findings are underpinned […]

6 months ago
0
0
Stock market
DJIA is heading for 34,400

The Dow Jones Industrial Index has set another YTD high (the 22nd this year) at 34,331 and looks poised to reach 34,400. The market has drawn support from easing concerns about rate hikes in the economy amid strong corporate earnings reports. Most US companies have already reported their Q1 financial results, with total profit up […]

6 months ago
0
0
Stock market
Dow Jones tanks to 1-month low

The DJIA slid to a 1-month low of 33,594 after the April CPI report came out stateside. The report had a bombshell effect on capital markets: selling intensified, while the market was agog with rumors that the Fed would be forced to wind down its stimulus and bond-buying programs ahead of schedule. The DJIA could […]

6 months ago
0
0
Stock market
China abandons 5-year GDP target

China began a new five-year plan in 2021, the 14th in a row, and for the first time in the preliminary assessment there is no target value in the plan for the country’s GDP. There is a figure in the draft version, which mentions 6% or more, while inflation should be at 3%, and the […]

7 months ago
0
0
Stock market
S&P 500 heading towards 4,100

The S&P 500 tested a new high of 4,086.23 yesterday but dipped to 4,073.94 by the close. Given that the US stock market looks poised to extend the uptrend, more record-setting highs could be in the cards. At this point, buyers are targeting 4,100. Market sentiment is running high as the White House’s new initiative […]

7 months ago
0
0
Stock market
S&P 500 is heading for 4,200

The S&P 500 index rose 5-10% in Q1 and looks set to extend gains by at least 12.4% this year, according to LPL Research. Strategists base their analysis on historical parallels. This makes sense, since the US stock market has an extensive history that in many ways makes it a bellwether. LPL’s findings are underpinned […]

7 months ago
0
0
Stock market
DJIA is heading for 34,400

The Dow Jones Industrial Index has set another YTD high (the 22nd this year) at 34,331 and looks poised to reach 34,400. The market has drawn support from easing concerns about rate hikes in the economy amid strong corporate earnings reports. Most US companies have already reported their Q1 financial results, with total profit up […]

7 months ago
0
0
Stock market
Dow Jones tanks to 1-month low

The DJIA slid to a 1-month low of 33,594 after the April CPI report came out stateside. The report had a bombshell effect on capital markets: selling intensified, while the market was agog with rumors that the Fed would be forced to wind down its stimulus and bond-buying programs ahead of schedule. The DJIA could […]

7 months ago
0
0
Stock market
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