The whiff of a stagflationary scenario and disappointing company forecasts are causing declines
We could see a continuation of the correction in the markets today. European indices continued to decline, and the deterioration in sentiment was felt most severely by American indices. The S&P 500 is down -1,2%, the Nasdaq 100 -1,4% and the Dow Jones Industrials -1,6%.
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August 7 2023
S&P 500 and Nasdaq 100 at their lowest in over 3 weeks
This morning, the prices of US indices contacts tried to make up for the recent declines, which on Friday brought the S&P 500 and Nasdaq 100 to their lowest levels in over 3 weeks, and the Dow Jones industrial average to its lowest [...]
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July 19 2023
The AI bull market is not letting up. Microsoft with a historic peak
Microsoft shares hit a record high on Tuesday after the software giant announced a pricing strategy to add an AI generative feature to its flagship Microsoft [...]
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July 12 2023
Nasdaq 100 special balancing. What does it mean?
Apple and Microsoft MSFT and the rest of the big tech companies have become too big for the Nasdaq 100 - and the index provider has a solution to that problem. Unfortunately, this solution is a problem for the Big Seven big-tech companies.