Fortrade Canada Ltd. as an order-execution only dealer is not permitted to provide you with any advice or recommendations. These Market Commentaries should not be construed as a recommendation, advice or any attempt by Fortrade Canada Ltd. to prompt or influence you in making an investment decision to purchase, sell, hold or exchange any security or to influence the timing of such activity. This content is produced by Fortrade Limited which is not registered in any capacity with any securities regulatory authority in Canada.
67% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
75% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
EU Session Analysis for CFD Instruments 03/01/2024
Fundamental analysis
03 January, 2024
The USA500 is trading at 4,742.
US stocks were mostly lower in their first trading day of 2024, with mega-cap tech stocks dragging down the S&P 500 and Nasdaq 100. Meanwhile, a jump in health care stocks helped drive slight gains in the Dow Jones Industrial Average.
The December employment report, set to be released on Friday, will help inform investors about their interest rate views, as a weak report could bolster the idea that the Fed needs to more aggressively cut interest rates, and vice versa if it's a strong report.