Daily Synopsis of the New York market close
 Date Issued – 26th November 2024PreviewAsian markets slipped on Tuesday amid concerns over potential tariffs on Mexico, Canada, and China, as mentioned by President-elect Donald Trump.The Nikkei 225, S&P/ASX 200, and Kospi declined, while the Hang Seng remained flat....
Daily Synopsis of the New York market close
 Date Issued – 25th November 2024PreviewHoward Lutnick, Trump’s Commerce Secretary nominee, is in talks with Tether for a $2 billion bitcoin lending project that could scale to tens of billions. China’s dairy boom is slowing, with revenue for top producers...
Daily Synopsis of the New York market close
 Date Issued – 22nd November 2024Asian Stocks Rise on Nvidia Earnings and Bitcoin RallyAsian stocks tracked Wall Street gains on Friday, buoyed by Nvidia’s strong earnings and a surge in bitcoin prices.Key regional benchmarks, including Japan’s Nikkei 225 (+1%) and...
Daily Synopsis of the New York market close
 Date Issued – 21st November 2024China’s Role in Preventing Nuclear Escalation, Macron Highlights at G20At the G20 summit in Rio de Janeiro, French President Emmanuel Macron urged China to play a decisive role in averting nuclear escalation as tensions rise globally. Speaking...
Daily Synopsis of the New York market close
 Date Issued – 20th November 2024Stocks Drift as Investors Await Nvidia EarningsAsian stocks dipped and European futures pointed to a muted session as traders awaited Nvidia’s earnings report. The MSCI Asia Pacific Index fell 0.5%, while Euro Stoxx 50 futures rose 0.4%. US...
Daily Synopsis of the New York market close
 Date Issued – 19th November 2024Goldman Sachs Joins Morgan Stanley in S&P 500 Target of 6,500 by 2025Goldman Sachs has set a year-end 2025 target of 6,500 for the S&P 500, projecting a 10.3% increase from its recent close of 5,893.62. This forecast aligns with Morgan...
Daily Synopsis of the New York market close
 Date Issued – 18th November 2024PreviewGlobal markets experienced mixed performance as U.S. stocks slumped, with the S&P 500 and Nasdaq falling sharply due to concerns over President-elect Donald Trump’s policies. Asian shares saw varying results, with...
Daily Synopsis of the New York market close
 Date Issued – 15th November 2024PreviewChina’s economy showed signs of recovery in October, supported by growth-friendly policies, although the real estate sector continues to struggle. Lenovo reported strong earnings, driven by AI investments and growth in PCs and...
Daily Synopsis of the New York market close
 Date Issued – 14th November 2024PreviewAsia shares wobbled on Thursday amid concerns over China’s economic outlook and rising U.S. bond yields. Chinese property market woes weighed on regional indexes, while longer-term Treasury yields climbed on mixed inflation...
Daily Synopsis of the New York market close
 Date Issued – 13th November 2024PreviewCATL, the world’s largest battery maker, is expanding into green energy grids and EV platforms, eyeing opportunities in the U.S. market. Swiggy’s successful IPO defies India’s weak market, signaling resilience in the...