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Market eyes Non-Farm data: Will there be a rate cut in Dec?
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Fresh Closing Highs from S&P 500 and Nasdaq | Wall Street Today

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Kevin Travers joined discussion · Dec 4, 2024 05:20
Fresh Closing Highs from S&P 500 and Nasdaq | Wall Street Today
After pulling back during the day, the S&P 500 and Nasdaq hit fresh closing highs- and the Nasdaq hit a trading high of 19,486.15.
Just past 4 pm ET the     $S&P 500 Index (.SPX.US)$ climbed 0.05%, the   $Dow Jones Industrial Average (.DJI.US)$ fell 0.17%, and the     $Nasdaq Composite Index (.IXIC.US)$ climbed 0.40%.
MACRO
JOLTS job openings from the Bureau of Labor Statistics came in at 7.74M, higher than last month's number, but ever since April this year, Job openings have sat at a three-year low.
SECTORS
Within industries tracked by moomoo, Wall Street Bets stocks tracked by moomoo are climbing, led by a 6.8% climb in   $Palantir (PLTR.US)$. The firm received "FedRAMP High Authorization," enabling the U.S. government to process sensitive, unclassified data.
Fresh Closing Highs from S&P 500 and Nasdaq | Wall Street Today
$Crude Oil Futures(MAR5) (CLmain.US)$ remained below $70, $Bitcoin (BTC.CC)$ fell slightly to $95k. Gold and silver climbed, the   $U.S. 2-Year Treasury Notes Yield (US2Y.BD)$ fell and the       $U.S. 10-Year Treasury Notes Yield (US10Y.BD)$ climbed.
MOOVERS
$ZJK Industrial (ZJK.US)$ shares jumped 365% intraday, sending the small stock well over $1B in valuation after the firm said it had met with Nvidia and was invited to produce samples for an upcoming project. The Chinese precision-part company makes screws and bolts and IPOed in September at $5/share after about 13 years in business. It hit multiple circuit breakers on the way up.
$Salesforce (CRM.US)$ reported quarterly earnings of $2.41 per share, which missed the analyst consensus estimate of $2.44.
In Mag-Seven, news   $Apple (AAPL.US)$ climbed to all-time highs on Tuesday after media reports that multiple new product updates will arrive in March, including updates to the MacBook Air and iPhone lines, as well as the firm's smart home device, according to one Bloomberg report.
$Okta (OKTA.US)$ reported quarterly adjusted earnings of $0.67 per share which beat the analyst consensus estimate of $0.58 by 15.52 percent. On a GAAP basis, the firm pulled in an operating loss that sent the earnings per diluted share to $0.00, according to the release.
$Tesla (TSLA.US)$ Chief Elon Musk was yet again bared from a massive $101B pay package by a Delaware Juge, who said it does not matter that shareholders voted in favor of the measure again- no means no. The judge blocked the 2018 payment scheme in January, siding with a Pension Plan defendant that had argued the firm boar- whom the defendants argued were Musk friends and confidence- had failed to justify such a pay package.
$Core & Main (CNM.US)$ shares were trading more than 15% higher just after 12.06 pm ET on Tuesday after the company raised its full-year outlook after posting higher-than-expected revenue and profit in the third quarter, boosted by recent acquisitions.
$Janux Therapeutics (JANX.US)$ stock surged more than 55% intraday Tuesday after the company found success during a Phase I clinical trial for JANX007, a treatment for patients with advanced-stage prostate cancer.
Word from the herd: Mooers, what are you watching?
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Kevin Travers
Moomoo News and Community Manager
Moo moo News and Community Manager, NJ Office. Fmr CNBC contributor, reporter/investor/trader Posts do not represent mm
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