Market Morning Notes For 6th December 2024
Market Commentary Global markets – U.S. stock indexes fell from Wednesday’s record highs as traders reviewed labor market data ahead of the November jobs report. Global Indices % Change Last Close1 dayYTDDow Jones44,765-0.618.8Nasdaq19,700-0.231.2Hang Seng19,5600.014.7Nikkei39,3950.017.7 Commodities – Gold edges up in early Asian trade ahead of the U.S....
Market Morning Notes For 5th December 2024
Market Commentary Global markets – On Wednesday, the Dow Jones Industrial Average was, for the first time, above the mark of 45,000 points, with the S&P 500 and Nasdaq Composite logged more record highs as markets digested the latest statements from Federal Reserve Chair Jerome Powell. Dow Jones grew 0.7 pct and Nasdaq jumped 1.3 pct. Global Indices % Change Last...
Market Morning Notes For 4th December 2024
Market Commentary Global markets – The S&P 500 and Nasdaq hit record highs on Tuesday, driven by tech gains as investors awaited jobs data. However, Dow Jones fell 0.2 pct and Nasdaq grew 0.4 pct. Global Indices % Change Last Close1 dayYTDDow Jones44,705-0.218.6Nasdaq19,4800.429.8Hang Seng19,7590.115.9Nikkei39,076-0.416.8 Commodities – Gold remained above $2,640...
Market Morning Notes For 3rd December 2024
Market Commentary Global markets – The S&P 500 and the Nasdaq Composite both set new records Monday as markets made sense of manufacturing sector data for November and comments made by Federal Reserve officials. However, Dow Jones fell 0.3 pct and Nasdaq jumped 1 pct. Global Indices % Change Last Close1 dayYTDDow Jones44,782-0.318.8Nasdaq19,4031.029.3Hang...
Market Morning Notes For 2nd December 2024
Market Commentary Global markets – Dow Jones and S&P 500 broke through their previous high, wrapping up a month green due to Donald Trump’s victory in the presidential election. Dow Jones Jumped 0.4 pct and Nasdaq grew 0.8 pct. Global Indices % Change Last Close1 dayYTDDow Jones44,9100.419.2Nasdaq19,2180.828.0Hang Seng19,4880.314.3Nikkei38,2190.014.2...
Market Morning Notes For 29th November 2024
Market Commentary Global markets – Dow futures up 100 points while Cash market was closed on account of Thanksgiving Day. Global Indices % Change Last Close1 dayYTDDow Jones44,722-0.318.7Nasdaq19,060-0.627.0Hang Seng19,4260.414.0Nikkei38,192-0.414.1 Commodities – Prices of Gold remains even as dollar rose. Crude Brent rose due to Hezbollah trade charges of Ceasefire...
Market Morning Notes For 28th November 2024
Market Commentary Global markets – The Dow Jones Industrial Average and the S&P 500 lost momentum and continued to decline following Tuesday’s record highs against the backdrops of economic data being assessed by the market. The Dow Jones slipped by 0.3 pct, while the Nasdaq also fell by 0.6 pct. Global Indices % Change Last Close1 dayYTDDow...
Market Morning Notes For 26th November 2024
Markets extended gains on Monday with gap up opening but failed to cross the crucial resistance of 24,387 despite support from Bank Nifty. A doji star was seen as a sign of indecisiveness but reversal of the recent rally can be confirmed only on close below yesterday’s low which is placed at 24,135. The levels of 24,387 is seen at 38.2% retracement and is likely to act as a major turning...
Market Morning Notes For 25th November 2024
Markets for the week ended higher by 1.5% ahead of expectation of BJP alliance forming government in Maharashtra helping Nifty to regain towards 23,900. The rebound on Friday aggravated in last hour of trade which was mainly contributed by IT index which rallied by more than 3% led by giant caps. For Nifty, the current rebound has ability to extend towards 24,387 based on 38.2% retracement...