United States Stock Market Index (US30)

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United States Stock Market Index (US30)

2022 Data – 1896-2021 Historical

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US stock futures steadied on Monday after two straight weeks of losses on Wall Street, as investors continued to mull over the Federal Reserve’s rate hike path and the chances that it could tip the world’s largest economy into recession.Futures contracts tied to the three major indexes drifted flat to slightly positive.Last week, the Dow lost 1.66%, the S&P 500 dropped 2.09% and the Nasdaq Composite tumbled 2.72%, with all three benchmarks sliding for the second straight week.Those moves came as the Fed delivered a smaller 50 basis point rate hike, but indicated that rates could peak higher than anticipated in an effort to bring down inflation to sustainable levels.The prospect of higher interest rates fueled fears that the US economy could fall into recession next year, prompting a widespread selloff in risk assets.

Investors now look ahead to a raft of US economic reports this week, as well as more earnings reports from major firms such as Nike, FedEx and General Mills.

Historically, the United States Stock Market Index (US30) reached an all time high of 36952.65 in January of 2022.United States Stock Market Index (US30) – data, forecasts, historical chart – was last updated on December of 2022.

The United States Stock Market Index (US30) is expected to trade at 31847.25 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations.Looking forward, we estimate it to trade at 28831.74 in 12 months time.

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