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Nasdaq composite technical analysis

On the daily chart below for the Nasdaq, we can see that the market consolidated just below the key 12274 resistance. The moving averages are still cr...

April 21, 2023, 10:11 am

Uk pmi composite rose to 53.9, lopsided growth but gained momentum

UK PMI Manufacturing fell from 47.9 to 46.6 in April, a 4-month low. PMI Services jumped from 52.9 to 54.9, a 12-month high. PMI...

April 21, 2023, 8:56 am

Uk april flash services pmi 54.9 vs 52.9 expected

Prior 52.9Manufacturing PMI 46.6 vs 48.5 expectedPrior 47.9Composite PMI 53.9 vs 52.5 expectedPrior 52.2This follows a similar trend to the French and...

April 21, 2023, 8:30 am

Eurozone pmis: unevenly distributed growth but same optimism

Eurozone PMI Manufacturing declined from 47.3 to 45.5 in April, hitting a 35-month low. On the other hand, PMI Services rose from 55.0 to 56.6, a 12-m...

April 21, 2023, 8:17 am

Eurozone flash april services pmi 56.6 vs 54.5 expected

Prior 55.0Manufacturing PMI 45.5 vs 48.0 expectedPrior 47.3Composite PMI 54.4 vs 53.7 expectedPrior 53.7The contrast between the manufacturing and ser...

April 21, 2023, 8:00 am

Germany april flash manufacturing pmi 44.0 vs 45.7 expected

Prior 44.7Services PMI 55.7 vs 53.3 expectedPrior 53.7Composite PMI 53.9 vs 52.7 expectedPrior 52.6Similar to the French report earlier, there is a di...

April 21, 2023, 7:30 am

France april flash services pmi 56.3 vs 53.4 expected

Prior 53.9Manufacturing PMI 45.5 vs 47.8 expectedPrior 47.3Composite PMI 53.8 vs 52.7 expectedPrior 52.7It's a bit of a diverging report as the servic...

April 21, 2023, 7:15 am

Japan pmis: private sector expands driven by resurgent service economy

Japan’s PMI Manufacturing in April slightly rose from 49.2 to 49.5, missing expectations of 49.9. PMI Services experienced a slight drop from 55.0 t...

April 21, 2023, 5:31 am

Australian pmis reveal divergence between manufacturing and services, rba rate hike likely in may

Australia’s April PMI Manufacturing has dropped to a 35-month low at 48.1, down from 49.1, while PMI Services jumped to a 10-month high of 52.6, up ...

April 21, 2023, 5:02 am

Japan jibun preliminary pmi (april) manufacturing 49.5 (prior 49.2) services 54.9 (55.0)

Jibun Bank S&P Global flash PMIs from Japan for April of 2023Manufacturing PMI 49.5 prior 49.2Services 54.9prior 55.0Composite 52.5prior 52.9Summary t...

April 21, 2023, 1:02 am

Australia preliminary pmi (april): manufacturing 48.1 (prior 49.1) services 52.6 (48.6)

Preliminary PMI from Australia for April, Judo Bank / S&P Global. Manufacturing 48.1prior 49.1Services 52.6prior 48.6Composite 52.2, highest since Jun...

April 20, 2023, 11:01 pm

Nasdaq index erases declines. trades marginally higher.

The NASDAQ composite index has moved into positive territory briefly with the high price reaching 12156...

April 19, 2023, 4:24 pm

Latest earnings, housing starts data leave equities mixed

US benchmark equity indexes were fluctuating narrowly ahead of Tuesday’s close as investors assessed the latest batch of corporate earnings and a de...

April 19, 2023, 12:59 am

A ‘composite’ t-rex skeleton sells for $6.1 million at a swiss auction

Offered as the last lot of the live auction of artifacts titled Out of This World, the 67-million-year-old T-rex skeleton had an opening bid of CHF 4 ...

April 18, 2023, 7:14 pm

5 best inverse/leveraged etfs of last week

Wall Street experienced moderate optimism, as the S&P 500, the Dow Jones, the Nasdaq composite and the ...

April 18, 2023, 2:28 pm

Technology stocks weigh on us equities while treasury yields jump in midday trading

US benchmark stock indexes fell with crude oil futures while government bond yields advanced with the dollar after midday on a choppy Monday. The tech...

April 17, 2023, 4:59 pm

Nasdaq composite technical analysis

On the daily chart below for the Nasdaq, we can see that the price action is tentative trading into the key resistance at 12274. The sellers are likel...

April 17, 2023, 11:01 am

Fed governor’s comments drag equities lower

US benchmark equity indexes were trading lower as Federal Reserve Governor Christopher Waller said further monetary policy tightening is needed to bri...

April 14, 2023, 6:29 pm

Meta materials (mmat) stock plummets on public offering announcement

Amid a corrective backdrop in the equities market, materials and nanocomposite manufacturer Meta Materials (NASDAQ: MMAT ) increased pessimism exponen...

April 14, 2023, 2:22 pm

Signs pointing to cooling inflation help lift equities

US benchmark equity indexes rallied Thursday as official data showed producer prices unexpectedly dropped in March, adding to signs inflation is easin...

April 13, 2023, 8:59 pm


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