Profitability / Unprofitability Of Trades
197.4%
160.8%
-38.7%
Profitability / Unprofitability Of Trades
Profitability / Unprofitability Of Trades
Profitability / Unprofitability Of Trades
Profitability / Unprofitability Of Trades
Weekly Review (September 9-13)
STOCKS
US stocks advanced on Friday to finish the week in the green as risk demand dominated global markets. The S&P 500 added more than 0.5% to settle less then 1% from its historic high registered in July. The Dow Jones rallied 0.72% and the tech-heavy Nasdaq gained 0.65%. Tech and semiconductor stocks were leading the gains after a solid sell-off seen during the previous week. On the data front, US inflation continued to soften last month, falling to its lowest level since February 2021. The CPI rose at an annual rate of 2.5% in August – down from 2.9% in July, and below the 2.6% expected by economists. On a monthly basis, the index rose 0.2%, the same as in July. For the week, the S&P 500 added 4%, the Nasdaq Composite jumped nearly 6%, and the Dow advanced 2.6%. Of note, both the S&P 500 and the Nasdaq Composite posted their strongest week of 2024. In Europe, equities rallied to rebound from earlier losses in the week after the ECB delivered a second rate cut of the year. On a weekly basis, the Euro Stoxx 600 added 0.15%, the FTSE 100 gained 0.73%, while the Dax 30 and the CCA 40 climbed by more than 1% each.
13.09.2024
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