The Nasdaq-100 index is holding above 18,000 today following yesterday's bullish momentum, fueled by inflation news.
The Nasdaq-100 index is holding above 18,000 today following yesterday's bullish
momentum, fueled by inflation news.
The PCE consumer spending index amounted to 0.4% on a monthly basis, which was
in line with analysts' expectations. A year ago, we recall, it was 0.6%. Thus,
statistics indicate a weakening of inflation which means that the likelihood of
the Fed cutting interest rates increases — the anticipation of this event
increases optimism in the stock market.
Another driver is the strong
Nasdaq 100 Hits Record High, Set For Best Annual Performance Since 1999 Tech Boom
News updates from December 1: S&P 500 closes at 20-month high and gold hits record despite rate cut pushback from Powell, Israel resumes fighting against Hamas
Daily Market Analysis By FXOpen - #940 by FXOpenTeam - Analysts
Page 25 US Tech 100 Mini (Per 10) CFD Trade Ideas — WHSELFINVEST
Stock market today: Live updates
Stock Market Today: Nasdaq Hits An All-Time High As Indexes Pick Up Steam
US equities get dragged higher by upbeat tech sector, NASDAQ 100 hits record high
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The Week in Charts (5/20/23) - Charlie Bilello's Blog