Market Snapshot 7th Nov, 2023

- 📈 Dow Jones extends its winning streak to six sessions, the longest since late July.

- 🇺🇸 U.S. stocks had their best week of 2023.

- 💹 Dow Jones gained 0.1%, the S&P 500 rose 0.2%, and the Nasdaq Composite was up 0.3%.

- 📅 Monday marked the Nasdaq's seventh consecutive day of gains, matching a win streak last seen in January.

- 📊 Last week saw significant gains, with the Dow Jones up 5.1%, the S&P 500 up 5.9%, and the Nasdaq Composite up 6.6%.

- 📉 Bond yields temporarily dipped below 4.5% on Friday, influencing stock market sentiment.

- 💼 The earnings season continues, with 81% of S&P 500 companies reporting positive earnings surprises.

- 🚗 Tesla announced plans to produce low-cost cars near Berlin, affecting its stock.

- 💊 Kodiak Sciences planned a pivotal study for its tarcocimab tedromer drug, impacting its shares.

- 💼 Paramount Global's Class B shares dropped after a downgrade by BofA Securities.

- 🐝 Bumble's CEO Whitney Wolfe Herd stepped down, leading to a 4.4% decrease in its Class A stock.