Monthly Archives: November 2024
Dow Jones Set New High on Earnings Optimism
Written on November 1, 2024 at 6:13 am, by
Market Summary The Dow Jones continues its upward momentum, reaching a new all-time high as the market enters the 3rd quarter earnings season. Strong performances from mega-cap banks such as Goldman Sachs, Morgan Stanley, and Bank of America, which exceeded earnings expectations, have further fueled risk appetite in the U.S. equity market. This optimism hasContinue Reading
Gold Price Soar on Geopolitical Tension
Written on November 1, 2024 at 6:12 am, by
Market Summary Wall Street saw a retracement in the last session, with a similar sentiment spreading to the Asian markets during the Tokyo session, where the Chinese equity market led the decline. This sell-off is believed to have been triggered by ASML, the world’s most advanced chip making machines manufacturer, missing its earnings target, indicatingContinue Reading
Gold Price Soar on Geopolitical Tension
Written on November 1, 2024 at 6:12 am, by
Market Summary Wall Street saw a retracement in the last session, with a similar sentiment spreading to the Asian markets during the Tokyo session, where the Chinese equity market led the decline. This sell-off is believed to have been triggered by ASML, the world’s most advanced chip making machines manufacturer, missing its earnings target, indicatingContinue Reading
