Daily Report | 28 July 2022
Technology Sector performed well during Lockdown; Nasdaq is up more than 4%. Technology Sector and Growth Stock
Technology Sector performed well during Lockdown; Nasdaq is up more than 4%. Technology Sector and Growth Stock
Soaring inflation a negative sign for retail stocks. The decline in Walmart shares (WMT.N) by 8%, suppressed the shares
The US Monetary and Fiscal Authority released economic data, July FFR is projected to rise 75 bps and 2Q22 GDP is
Nasdaq fell 1.9%, as Social Media and Ad.Tech shares weakened. Meanwhile, the rise in shares of American Express issuer
Wall Street stocks rose, driven by large-cap growth stocks. Nasdaq lead gains, up 1.4%; followed by the S&P500 0.9%
Investors expect the market to have bottomed out, as the USD's safe-haven demand eases. The USD DXY index, which had
Soaring mortgage rates put pressure on US properties, as credit purchases dominate. Property which is very sensitive to
Slowing Loan Growth and Loan Quality in Banking Outlook. Wall Street was lower at the beginning of the week, with the
Quarterly Results and Retail Sales beat expectations, the Dow Jones rose more than 2%. Up to 80% of the 35 companies in