By A Mystery Man Writer
The Nasdaq-100 index is holding above 18,000 today following yesterday's bullish momentum, fueled by inflation news.
The Nasdaq-100 index is holding above 18,000 today following yesterday's bullish
momentum, fueled by inflation news.
The PCE consumer spending index amounted to 0.4% on a monthly basis, which was
in line with analysts' expectations. A year ago, we recall, it was 0.6%. Thus,
statistics indicate a weakening of inflation which means that the likelihood of
the Fed cutting interest rates increases — the anticipation of this event
increases optimism in the stock market.
Another driver is the strong
:max_bytes(150000):strip_icc()/NQ1_2023-08-16_08-09-46-d23ec0cd54c14290b4dff807a2e8233b.png)
Markets News, Aug. 16, 2023: Stocks Fall on Signs of Further Tightening by a Resolute Fed
Fresh records before inflation check
European Stock Index Shows Signs of Weakness
Page 23 US 100 Cash CFD Trade Ideas — FUSIONMARKETS:NAS100
Daily Market Analysis By FXOpen - #946 by FXOpenTeam - Analysts
Red-Hot Nasdaq 100 Is Threatening to Double Inside of Two Years - Bloomberg
cloudfront-us-east-2.images.arcpublishing.com/reut
Page 25 US Tech 100 Mini (Per 10) CFD Trade Ideas — WHSELFINVEST
S&P 500 and Nasdaq 100 Futures Retain Bullish Momentum
The Week in Charts (5/20/23) - Charlie Bilello's Blog