Hot Posts

6/recent/ticker-posts

Stock Market Forecast

 





As of October 27, 2024 here is an overview of all factors that could influence the market for October 28 2024:


U.S. Stock Market Futures

S&P 500 Futures at 4 200 and is down by 0.5% from the closing.
Dow Jones Industrial Average Futures is at 33 000 with a decline of 0.4%.
Nasdaq 100 Futures at 14 000 declined by 0.6%.
These declines point to the possibility of a drop during the opening bell.

Highlights of the Economic Calendar

Date: October 28, 2024

U.S.:

Personal Consumption Expenditures (PCE) Inflation Report: The watchword of the Federal Reserve.
Pending Home Sales: This tells about the health of housing.
India:

Nifty 50 Futures: Trading at a premium, which is good from the market sentiment
BUSINESS STANDARD
.
To check the complete list of economics events, refer to Trading Economics' Economic Calendar below.


Market Sentiment
Latest surveys suggest that investors are somewhat positive. Most are upbeat, but apprehension continues regarding high valuations for equities and slowing economies
BARRON'S
.
Key Earnings Announcements

Tech giants Alphabet, Microsoft, and Apple are to announce their quarterly earnings. Results are likely to be one of the market-moving catalysts
INVESTORS.COM
.
Geopolitics
Ongoing geopolitical developments such as recent Israeli airstrikes targeting Iranian military installations may rock market stability and investor sentiment
investors.com
.

Stock Market Indian
As this information reaches you from Hyderabad, updates of the Indian stock market seem even more relevant:

Nifty 50 Futures- At premium currently, pointing out bullish market sentiments.
business-standard



Bank Nifty: The bank Nifty index has reflected some decent strength as far as gains are concerned. Over the previous week, its up moves were at the tune of 1.80%. It closed off at 52,094.20
CHOICE INDIA


For real-time updates and detailed analysis, check out the National Stock Exchange of India and Investing.com India.

Market conditions can change in a jiffy. It is always advisable to consult a financial advisor or do further research before investing.