Stocks

2022 is considerably a dismal year for tech stocks. This leads the stock market lower. What’s more, NASDAQ Composite even reached the critical support area, making investors more meticulous. The index trades within the rising trend channel that is marked by each 1. In late 2021, it hit the channel’s top and continuously fell. But […]

Since October, the German DAX Index’s sharp 20% gain suggests no changes in the medium-term bullish fortunes. That is despite losses this year. But given the overbought conditions, the index could slightly retreat in the short-term. The Index held very strong converged support in September on the weekly charts. This results in a 50% retracement […]

The inflation report on Tuesday boosted the equities, showing producer prices with an 8% increase in the 12 months through October versus the 8.3% estimated increase. On Tuesday, it was confirmed that stocks had resumed the inflation-driven rally. This occurred after another report signaled a possible slow price increase. The tech-heavy Nasdaq Composite advanced 1.45% […]

On Friday, most Asian stock markets rallied after the US inflation data speculated a less aggressive interest rate outlook, while China’s COVID pivot resulted in gains in the local markets. The authorities have shortened the inbound travelers’ and residents’ quarantine times. They have also scuffled a penalty on airlines that brought infected passengers in. Although […]

A sharp retrace was observed on Thursday after the news of omicron led to sell-offs in the previous session. Cyclical names recovered from their recent losses.  Leading the pack is the Dow Jones Industrial Average that gained 617.75 points to 34,639.7. It was helped by a 7.5% uptick in Boeing’s stock. The S&P 500 saw […]

There was a mix in stock on Thursday as investors weighed a batch of solid corporate earnings results against current inflation concerns.  After so many ups and downs of the market, S&P 500 and Nasdaq, which can be traded on eToro, ended the session higher. The Dow lagged, which was led by a reduction in […]

On Friday, the Chinese Communist Party concluded a meeting that makes the present president Xi Jinping a lifetime president of China. This resolution was reached after consideration of his role in transforming the country into an economic superpower.  This news doesn’t only bring cheer to the major economic players within the Great Walls but also […]

Investors in Beijing, China, are beginning to feel the crackdown in the fallout industry, After-school tutoring. And just before China authorities began cracking down on summer school, several investment firms such as SoftBank had begun putting in billions of dollars in Chinese companies. A lot of these firms were traded in the U.S. Investors had […]

There was a slight change to Stocks on Friday afternoon as the prices were set to increase, narrowly surpassing their record high; investors tried to understand the large economic data from the earning results. The S&P 500 and Dow were among those that set the intraday highs from Thursday’s record, which made it post profits […]