Guest
STOCK FUTURES ARE ALL RISE AFTER MAJOR AVERAGES RALLY FOR SEVEN CONSECUTIVE WEEKS US stock futures climbed on Monday morning after the three major averages notched their seventh straight week of gains. The Dow Jones Industrial Average recorded a new intraday record, and the Nasdaq 100 had a new closing high. Futures tied to the Dow industrials added 80 points, or %. The S&P 500 futures also advanced %, while Nasdaq 100 futures rose 0.2%. The winning streak for the S&P 500 marked its longest string of weekly gains since 2017. The broad market index is up by 3.3% for the month, while the Dow and Nasdaq are 3.8% and 4.1% higher, respectively. Source: CNBC ASIA MARKETS MOSTLY LOWER MONDAY Asia-Pacific markets were mostly lower Monday at the start of the penultimate week of 2023, while South Korean shares bucked the trend as defense stocks led gains. Most Asia-Pacific markets rallied last week following the U.S. Federal Reserve’s decision to hold rates and its roadmap for rate cuts in 2024 and 2025. The Bank of Japan will meet for the last time this year. A note from Dutch bank ING said it expects the BOJ to maintain all its major policy settings, “though the overall tone about future policy at the press conference and statement could start to soften.“ Source: CNBC HISTORY SAYS THE NASDAQ WILL SURGE IN 2024 There's no doubt that 2022 will go down in history as one of the toughest years on record for Wall Street, but markets appear to have turned the corner. After tumbling more than 35% in 2022, the Nasdaq Composite has rebounded with a vengeance, gaining 39% thus far in 2023 (as of market close on Tuesday). Investors who are students of history will know the surge will likely continue. As far back as 1972 -- the first full year of trading for the Nasdaq -- in the year following a market rebound, the tech-heavy index has generated gains of 19% on average, which suggests the current rebound will likely continue. Source: Yahoo Finance #dowjonesindustrialaverage #nasdaqfutures #sp500futures #bankofjapan 🌐 FXOpen official website: Join us on our social networks: ✅ ✅ ✅ ✅ CFDs are complex instruments and come with a high risk of losing your money.
