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Welcome to INFINOX Limited

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Welcome to INFINOX Limited

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Market Turmoil: Dow Suffers Worst Day of 2024 as Nvidia Shines

The stock market experienced a significant downturn today, with the Dow Jones Industrial Average suffering its worst session of 2024, despite Nvidia’s impressive earnings performance. The Dow tumbled as broader market weakness overshadowed the tech giant’s success. Both the S&P 500 and the Nasdaq Composite also saw declines, despite reaching record highs earlier in theContinue Reading

Dow Closes Lower Amid Fed Inflation Worries, Nvidia Earnings Highlight AI Boom

Despite the Federal Reserve’s concerns about persistent inflation, US stocks faced a downturn on Wednesday, with the Dow Jones Industrial Average experiencing its worst session in May. The minutes from the Fed’s recent meeting suggested that interest rate cuts may not occur soon, raising investor anxiety. The Dow fell 201.95 points, while the S&P 500Continue Reading

Nasdaq Reaches New Record High Amid Nvidia Surge and Market Optimism

The Nasdaq Composite closed at a new record high on Monday, driven by significant gains in Nvidia and other prominent tech stocks. This rise comes amidst a mixed performance in the broader market, with the S&P 500 inching upward while the Dow Jones Industrial Average lagged behind. The tech-heavy Nasdaq’s rise brought it to anContinue Reading

Nasdaq Hits Record High as Markets Anticipate Key Inflation Report

Stocks rose Tuesday, with the Nasdaq Composite reaching a new closing high amid fresh US economic data and anticipation of a key inflation report.

Markets Rally Amid Strong Economic Fundamentals and Tech Advances

The stock market continued its upward momentum on Friday, driven by strong economic growth and gains in the technology sector. The Dow Jones Industrial Average achieved a significant milestone, closing at a record high, while the S&P 500 also posted gains. Despite a slight dip in the Nasdaq Composite, the overall market sentiment remained positive.Continue Reading

Dow Falls Slightly After Reaching 40,000 Milestone for the First Time

In a remarkable turn of events, the Dow Jones Industrial Average briefly surged past the 40,000 mark for the first time in history on Thursday, driven by strong corporate earnings and investor enthusiasm surrounding artificial intelligence. Despite this momentous peak, the Dow closed slightly lower, shedding a few points. The broader market also experienced modestContinue Reading

S&P 500 and Nasdaq Hit Record Highs Amid Cooling Inflation and Optimism in AI

Despite April typically being a challenging month for stocks, the S&P 500 and Nasdaq Composite surged to new record highs, driven by a lighter-than-expected US consumer inflation report and growing enthusiasm for artificial intelligence (AI). The S&P 500 closed above 5,300 for the first time, while the tech-heavy Nasdaq Composite also reached unprecedented levels. ThisContinue Reading

Dow Slips Amid Rising Inflation Expectations; Nasdaq Gains on Meme Stock Surge

Despite recent gains, the Dow Jones Industrial Average experienced its first losing day in nine sessions on Monday, reflecting rising inflation concerns among consumers.

Europe Hits Record Highs as UK Exits Recession, Dow Posts Eighth Winning Day

Amidst a dynamic economic backdrop, the Dow Jones Industrial Average capped off its eighth consecutive winning day, marking its strongest week of 2024 with an impressive performance.

Bank of England Maintains Rates, US Markets Rally Amid Global Economic Shifts

Thursday’s trading session concluded with significant gains in the US stock market, underscored by a 331.37 point surge in the Dow Jones Industrial Average, marking its seventh consecutive day of gains.

Dow Advances Amid Mixed Tech Performance, European Markets Rise on Earnings Optimism

The Dow Jones Industrial Average continued its winning streak on Wednesday, marking its sixth consecutive positive day and longest stretch of gains so far in 2024.

Stocks Grow as Investors Await Fed Rate Clues, Mixed Data Clouds Outlook

The stock market session saw the Dow Jones Industrial Average extend its winning streak, the longest since December, signalling a slightly optimistic outlook among investors hoping for interest rate cuts by the Federal Reserve.

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