NASDAQ made a Doji on daily chart

NASDAQ was up on Thursday morning after testing the low level of 21509 in the last trading session as the Nasdaq Composite edged up by 0.03%. These movements followed a hotter-than-expected January consumer inflation report, strengthening the case for the Federal Reserve to maintain current interest rates. As a result, markets have adjusted expectations, now anticipating just one quarter-point rate cut from the Fed this year. Traders are now focusing on Thursday’s weekly jobless claims and producer inflation data for further market direction.
Recent News
GBPJPY making bearish Flag
November 25, 2024
Market Insights
DOW JONES making a Wedge in 1HR
February 12, 2025
Market Insights
DOLLAR INDEX
October 21, 2024
Market Insights
Dow Jones Index Forms Wedge Near Key Sup...
February 24, 2025
Market Insights
US30 Rebounds from Support Zone Eyeing R...
February 26, 2025
Market Insights
Gold lose ground in early US Session, No...
October 23, 2024
Market Insights