4H Chart: Consolidation phase, Daily Structure: Strong Bullish Candle; trading above 20 SMA
The Nasdaq rose 0.45% to a record high on Monday, driven by strong gains in Nvidia and Broadcom. The Dow Jones added 0.25%, while the S&P 500 advanced 0.21%.
Weak August jobs data reinforced expectations of a September Fed rate cut, with markets even pricing in the possibility of a 50 bps reduction.
On the corporate side, Fox fell 3% on Murdoch family news, while Dell slipped 1.2% following the resignation of its CFO.
Recent News
Gold struggles to regain momentum on Tru...
April 24, 2025
Market Insights
Huge Sell-off in Yen Pairs, Ninja to tes...
February 20, 2025
Market Insights
Gold in Tight Range as US Banks are off...
February 17, 2025
Market Insights
WTI Crude Oil Approaching Key $66–$68 Su...
February 27, 2025
Market Insights
The Dow Jones is fighting to regain its...
December 24, 2024
Live Charts
DOW JONES making a Wedge in 1HR
February 12, 2025
Market Insights
