US markets witnessed a remarkable session on Wednesday, with the Nasdaq Composite closing above the 20,000 milestone for the first time in history. November’s inflation report aligned with economists’ expectations, reinforcing hopes for a potential Federal Reserve rate cut at next week’s policy meeting. Tech stocks led the charge, with Alphabet’s quantum computing breakthrough fuellingContinue Reading

As the first quarter of 2024 closes, global markets are witnessing a surge in optimism, boosting the S&P 500 to record heights with a notable 10.2% gain, marking its strongest first-quarter performance since 2019.

As the curtain draws on March, the stock market has hit a gentle pause, with the S&P 500 marking its third consecutive session in the red. This cooling off comes after a series of record highs last Thursday, demonstrating a market that, while resilient, is not immune to fluctuations.

The financial markets experienced a modest pullback on Monday, signalling a pause in the recent rally as investors took a step back to assess a wide array of economic data and news developments. The major U.S. indexes, including the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite, all closed lower on the day, reflecting a cautious stance among market participants.