Market Summary; December 9thKey TakeawaysThe S&P 500 fell 0.6% on Monday, December 9, retreating from record highs as investors awaited consumer inflation data.Omnicom shares dropped sharply after...
Markets Brace for Volatility Amid Economic Data and Trump’s First Moves in JanuaryAs U.S. stocks wrap up a stellar year, investors look to sustain the momentum into early 2025. The S&P 500 gaine...
Smaller Banks Face Daunting Recapitalization Challenges Amid New CBN Mandates Detailed Breakdown:Key Points from Analysts:• Pressure on Smaller Banks:Afrinvest Securities Limited has warned tha...
Summary of the S&P 500 Performance in 2024Big Tech led another impressive year for the U.S. large-cap benchmark index, marking two consecutive years of stellar performance. The S&P 500 finishe...
Mutual Funds Boom as Nigerian Investors Embrace Stability: NAV Hits ₦3.75 Trillion The appetite for investment in Mutual Funds has soared, with the Net Asset Value (NAV) of these funds rising b...
Market Summary for January 6thNasdaq and S&P 500 Gain Amid Tech Stock RallyThe Nasdaq Composite and S&P 500 closed higher on Monday, driven by a surge in technology and semiconductor stocks.Na...
Carvana Stock Rises 4,000% in Two Years: What’s Ahead for 2025?Carvana (CVNA) has experienced an extraordinary two-year run, with its stock climbing an impressive 4,000% as the company navigated a m...
Stock Market NewsThe U.S. stock market closed mixed on Tuesday as investors assessed inflation data and prepared for key earnings reports. While the S&P 500 and Dow Jones Industrial...
Stock Market OverviewThe S&P 500 gained 1.8% to close at 5,949.9, buoyed by strong performances from the financial and technology sectors. The Nasdaq Composite advanced 2.5%&nb...
Stock Market Summary for January 16th, 2025Key TakeawaysThe S&P 500 slipped 0.2%, losing steam after strong gains in the prior session fueled by earnings optimism and easing inflation concern...