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Category Archives: Pu Daily Financial Analysis

Equities Continue Recovery on USD Weakness

Written on October 5, 2022 at 5:55 am, by

Market Focus US equity markets continued to rise over the course of yesterday’s trading. The Dow Jones Industrial Average climbed 825.43 points to close at 30316.32. The S&P 500 rose 3.06% to close at 3790.93. The tech-heavy Nasdaq Composite rose 360.98 points to close at 11176.41. Over the past two days, equities have posted oneContinue Reading

Shares Rally as Downbeat US PMI data Weakens Dollar

Written on October 4, 2022 at 2:59 am, by

Market FocusU.S. equities rallied on the first trading day of the month. The Dow Jones Industrial Average rose 765.38 points to close at 29,490.89. The S&P 500 gained 2.6% to close at 3678.43. The Nasdaq Composite rose 2.3% to close at 10,815.43. The benchmark U.S. 10 year treasury yield fell below 3.7% and was lastContinue Reading

GBP Finds Breathing Room in Broad USD Weakness

Written on October 3, 2022 at 3:12 am, by

Market Focus U.S. equities continued to edge lower on the last trading day of the week. The benchmark U.S. 10-year Treasury yield recovered above 3.8% as short term interest rate expectations continue to rise. The Dow Jones Industrial Average lost 1.71%, the S&P 500 slid 1.51%, and the Nasdaq composite lost 1.51%. U.S. equities haveContinue Reading