Us stock market

On June 10, 2024, the US stock market, particularly the Dow Jones Industrial Average, surged by 1.3%. Analysts from JPMorgan Chase, Morgan Stanley, and UBS attributed this rise to positive economic indicators and global events. The Dow Jones Industrial Average saw 27 out of its 30 components closing positively. The S&P 500 and Nasdaq Composite also experienced gains of 1.2% and 1.4%, respectively. Individual stocks like Tesla, Amazon, and Microsoft notably performed well, with Tesla's…

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Earnings season has kicked off, and all eyes are on company profits. Goldman Sachs chose 41 stocks expected to see higher EPS growth than the S&P 500 by year-end 2024. The firm forecasts that Intel will see earnings-per-share growth of 345% by year-end.

The US economy in 2023 showed a mixed picture of economic performance, according to data from various charts and graphs. Job growth continued, with the unemployment rate reaching a historic low of 3.4%. Wages also increased, rising by 4.1% year-over-year. However, inflation remained a concern, with consumer prices increasing by 3.5%. The housing market experienced a slowdown, with home sales dropping by 10% compared to the previous year. This was attributed to higher mortgage rates and a…

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