Dow Jones slips despite intraday rebound, weighed down by inflation concerns and rate cut uncertainty NEW YORK: U.S. stocks clawed back from early losses on Thursday, with investors once again buying the dip despite a hotter-than-expected wholesale inflation report that clouded hopes for a near-term Federal Reserve rate cut. The S&P 500 eked out a…
Tag: DAX
Stocks climb as Fed rate cut bets push indexes to record highs
Dow Jones jumps 409 points as rate cut bets fuel market surge NEW YORK: U.S. stocks rose Wednesday, extending their recent rally as growing expectations for a Federal Reserve rate cut in September propelled major indexes to fresh record highs. The Dow Jones Industrial Average jumped 409 points, or 0.9%, while the S&P 500 added…
European stock markets edge higher; U.K. markets hit by political turmoil
U.K. equities slump as Reeves’ position triggers investor unease; European banking stocks shine LONDON: European stock markets closed slightly higher Wednesday, led by gains in continental banks and mining shares, while U.K. equities wobbled amid political uncertainty surrounding Chancellor Rachel Reeves. The pan-European Stoxx 600 index rose 0.2%, recovering from an earlier dip into negative…
Using Technical Analysis in Index Trading: Identifying Entry and Exit Points
In the world of finance, index trading holds a significant place, offering investors exposure to broad market trends and diversification benefits. However, navigating the complexities of the market requires more than just intuition; it demands a strategic approach backed by thorough analysis. This is where technical analysis steps in, providing traders with valuable insights to…