Icon close
change language change language English

The Rise Of STARTRADER

One Of The
World’s Fastest Growing Brokerage

The Rise Of STARTRADER

One Of The
World’s Fastest Growing Brokerage

STARTRADER Monday’s Market Update 14-08-2023

The NASDAQ and S&P 500 indices declined at the close on Friday, marking losses for the second consecutive week. This was prompted by a higher-than-expected reading for the US Producer Price Index, which led to an increase in Treasury bond yields and a drop in shares of major technology companies.

Analysis revealed that Apple has spent over $500 billion on stock buybacks over the past decade, specifically since 2012. This amount exceeds the total market value of giant companies like Visa, JPMorgan, or Exxon Mobil.

Markets are anticipating the release of the Federal Open Market Committee (FOMC) Meeting Minutes next Wednesday in an attempt to figure out whether the Fed has concluded its monetary tightening cycle.

×
Open Live Account

Start trading with A globally leading broker

Want to start trading?

STARTRADER

Online Trading App

Online App Score
Install
Customer Service
Customer Service