Research
1 September 2026
The JCI closed slightly higher at 6,525.48 on Monday, with the market still moving with...
Research
31 August 2026
The IDX Composite closed relatively flat on Friday, edging down 0.06% to 6,518.12. The ...
5 January 2023
All three Wall Street indexes closed higher, led by the S&P 500 gained 0.75%, the Dow Jones gained 0.4% or 133 points, and the Nasdaq gained 0.69%. The trading was volatile as the market still digested the Federal Reserve's December Meeting Minutes result, which implied that the trend of high-interest rates would persist for some time. Moreover, the Job Openings and Labor Turnover Survey (JOLTs) data showed a figure of 10.5 million (greater than the forecast of 10 million).
4 January 2023
Wall Street index closed lower starting the US stock trading day of 2023, with the Dow Jones slightly weakening by 10 pts, triggered by a 12,2% and 3,7% drop in Tesla and Apple stocks, respectively. This happened after Tesla could not reach quarterly delivery estimates, and Apple hit its lowest price since June 2021 as its rates were downgraded due to production cuts in China.
3 January 2023
The Wall Street index is still closed due to the New Year's holiday. Yet, European exchanges started the first day of trading in 2023 quite enthusiastically, up about 1 percent, supported by manufacturing data from Eurozone countries that were in line or better than expected (other than German Manufacturing PMI 47.1, which is lower than the consensus 47.4 but still higher than the previous position of 46.2), raising hopes that the worst economic conditions have passed.
2 January 2023
Wall Street closed out 2022 with its worst performance since 2008, and even the S&P 500 index corrected nearly 20% YTD. Chinese manufacturers' activities shrunk for three consecutive months in December, the fastest decline since the Covid 19 pandemic began three years ago, right after China loosened its zero-Covid policy.
30 December 2022
The Dow Jones Index closed higher by 1.1%/345 points. At the same time, the Nasdaq and S&P500 managed to experience gains of 2.6% and 1.8%, respectively, as US Initial Jobless Claims data reported 225,000 for the week ended Dec. 24, rising as expected from 216,000 the previous week, indicating that the US economy is starting to slow down. Thus, the market hopes the US central bank can end the pace of benchmark interest rate rise.
