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Thursday Market Chills From Election Celebration | Live Stock
Good morning, traders. You will not get through today without the news and animal spirits moving the markets on Thursday, November 14th.
My name is Kevin Travers and the S&P 500 fell after the opening, and the market was mixed just past 10:40 am ET.
$Disney (DIS.US)$ was the highest gainer on the Dow, climbing 9% after reporting its streaming business swung to a strong profit in its fiscal fourth quarter. The firm posted adjusted earnings of $1.14 on revenue of $22.6 billion, which is above estimates.
Disney joined $Tapestry (TPR.US)$ at the top of the S&P 500 gainers. Tapestry climbed 12% after the Couch luxury brand parent called off a merger bid with Versace owner Capri, valued at $8.5B after a block from the FTC last month, according to Barron's
$ASML Holding (ASML.US)$ climbed 5% after the chip lithography machine company reiterated its 2030 goal annual revenue of between $46B and $63B. The firm saw its stock price fall after last month, reporting much lower booking orders than expected for its third quarter: EUR2.63B compared to forecasts of EUR5.59B.
Within industries tracked by moomoo, semiconductor equipment climbed, chasing ASML. Department stores grew on an earnings report surprise from $Dillard's (DDS.US)$. Entertainment followed Disney higher.
$Bitcoin (BTC.CC)$ remained at 88k. Gold fell, silver climbed. The $U.S. 2-Year Treasury Notes Yield (US2Y.BD)$ and the $U.S. 10-Year Treasury Notes Yield (US10Y.BD)$ both fell.
The market fell Thursday morning, with the $S&P 500 Index (.SPX.US)$ trading down 17 bps, the $Dow Jones Industrial Average (.DJI.US)$ fell falling 0.14% and the $Nasdaq Composite Index (.IXIC.US)$ falling 0.22%.
Thursday the Produce Price Index came in a little higher, meaning the price of goods sold by manufacturers grew more than expected.
Later today, look for comments from Fed Chair Jerome Powell, just past 3 pm.
Mooers, do you think Powell will talk about rate cuts?
Let me know in the comments below!
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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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Space Dust : before Powell speaks, there will betalk by his crew of lieutenants.
misdirection, subterfuge, slight of hand 
, all around rate cuts. and the arguments over their impact will create a deafening echo chamber overlooking other metrics of the economy more impactful and affecting. all by design.
, can't wait to " win " some more.. now that a ' real ' leader has been selected. as soon as them " heathen " groups have fulfilled their duty as brown 
shirts.
I'm still tired of winning from 2016 things have been
Kevin Travers OP Space Dust : What brown shirts are you talking about bro
Gilley : markets been stuck for 4 days now
debt rose you 287 percent crazy amount of waste but markets don't seem to care how bad things really are crash coming soon cause America is in huge debt problems
Stock_Drift : $Disney (DIS.US)$
Kenyan D Richardson : First and foremost you gotta guide the spirit animals to safety and securely, however you imagine the spiritual world thyself
gradually structuring in the physical markets,
spirits ahead in the physical (always) whatever you put out into the cosmo’s.
Griffon Space Dust : BS talk
Badass Russian : I understand. Disney, let’s go.
kyneo :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
rawrrrbucks Kenyan D Richardson : Is your Spirit animal a goldfish? Or a lobster ?
Space Dust Kenyan D Richardson : October 24th alignment was the beginning, now until OESTRE is a unique experience.
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