Energies
Monthly Archives: August 2023
The Nasdaq Index Closes Above 15,000 Points for the First Time in a Month
Written on August 31, 2023 at 7:17 am, by Designer
market news summary In a statement issued by the artificial intelligence chip giant Nvidia, the company clarified that the US administration has expanded export restrictions to include other regions, including countries in the Middle East. However, the company did not specify the names of these countries. The United States has not only imposed restrictions onContinue Reading
Oil Prices Rise as the Dollar Weakens and the US Prepares for Hurricane Adalia
Written on August 30, 2023 at 9:50 am, by Designer
market news summary A survey of job openings and labor turnover conducted by the Ministry of Labor revealed that the number of job vacancies reached 8.827 million in July, marking a decrease for the third consecutive month. Another report indicated a decrease in consumer confidence in the United States to 106.1 in August, compared toContinue Reading
Gold Is Rising Supported by the Decline of the Dollar
Written on August 29, 2023 at 12:29 pm, by Designer
market news summary European indices closed higher at the end of Monday’s trading, supported by sectors exposed to China due to Beijing’s measures to bolster the rising stock market. The STOXX 600 European index ended the session with a 0.9% increase, marking its best one-day performance in a month. Technology stocks led the gains withContinue Reading
The Markets Are Anticipating Job Data this Weekend
Written on August 28, 2023 at 10:57 am, by Designer
market news summary In many high-level speeches and economic studies presented at the annual conference of central bank governors held by the Federal Reserve Bank in Jackson Hole, Wyoming on Friday and Saturday, clear concerns have emerged about several issues. These include the rise of trade barriers, aging populations, the transition from carbon-emitting fossil fuelsContinue Reading
The Markets Are Cautiously Anticipating the Jackson Hole Meetings
Written on August 25, 2023 at 1:54 pm, by Designer
Weekly News Summary European stocks closed lower yesterday as the early gains of chip industry companies faded and the winning streak of mining companies, which lasted for three consecutive days, came to a halt. Economic concerns kept investors on edge, leading to a 0.4% decline in the European STOXX 600 index. The Federal Reserve BoardContinue Reading
Oil Declines as Demand Concerns Ease Amid Inventory Decrease
Written on August 24, 2023 at 7:39 am, by Designer
Market News Summary Nvidia’s stock jumped during after-hours trading following the announcement by the American electronic chip manufacturer of better-than-expected quarterly results for the second quarter. Nvidia also issued optimistic forecasts for the third quarter. The earnings per share for Nvidia reached $2.70, compared to the expected $2.09 per share. The company’s revenue amounted toContinue Reading
STARTRADER Market Recap | 23-Aug-2023
Written on August 23, 2023 at 11:05 am, by wwwstartraddev
Economic data in the United States yesterday revealed a decline of about 2.2% in existing home sales in July on a monthly basis. Currency and bond yield movements continue to impact other financial assets as investors await statements from Federal Reserve Chair Jerome Powell on Friday. The yield on the 10-year Treasury bond, a benchmark,Continue Reading
JP MORGAN BANK’S STOCKS LOSE 9 BILLION DOLLARS IN ONE DAY
Written on August 23, 2023 at 8:19 am, by Designer
Market News Summary European stock indices ended the Tuesday session higher, driven by the strong performance of technology sector stocks, while also keeping an eye on fluctuations in the bond market. At the session’s close, the STOXX600 index rose by about 0.68% to 451 points, while the German DAX ended the session with a 0.66%Continue Reading
Nvidia’s Stock Jumps More Than 8%
Written on August 22, 2023 at 8:00 am, by Designer
Market News Summary After four days of losses, European stocks rebounded at the end of trading yesterday, led by gains in the healthcare sector, particularly the Danish pharmaceutical company Novo Nordisk. The European Stoxx 600 index closed up 0.1% to reach 448 points, after rising 0.9% during the trading session. It had closed at itsContinue Reading
