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Today, stocks generally saw a decline, influenced by rising yields. The $iShares Russell 2000 ETF(IWM.US$ and $ARK Innovation ETF(ARKK.US$ both experienced drops of over 1%, while the $iShares 20+ Year Treasury Bond ETF(TLT.US$, which tracks US Treasury bonds, fell by 1.76%. Bigger indexes like the $SPDR S&P 500 ETF(SPY.US$ and $Dow Jones Industrial Average(.DJI.US$ had smaller decreases. Despite some significant falls, many stocks are still correcting in 2024, s...
![Market Summary 16th Jan 2024](https://sgsnsimg.moomoo.com/101748296/editor_image/7b26ae8cf42436d385a59b50a30316ec.png/thumb)
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Happy Friday, mooers! Welcome back to Weekly Buzz, where we review the news, performance and community sentiment of the selected buzzing stocks on moomoo platform based on search and message volumes of this week! Answer the Weekly Topic question for a chance to win an award next week!
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Weekly Buzz: Strong jobs data dragged down Q1 rate cut odds
Wall Street's bulls wavered in the first trading week of 2024 as some invest...
Make Your Choice
Weekly Buzz: Strong jobs data dragged down Q1 rate cut odds
Wall Street's bulls wavered in the first trading week of 2024 as some invest...
![Weekly Buzz: Strong jobs data dragged down Q1 rate cut odds](https://ussnsimg.moomoo.com/77777000/editor_image/0b3bad4adb1a31708fe733d79b5d1e0f.gif/thumb)
![Weekly Buzz: Strong jobs data dragged down Q1 rate cut odds](https://ussnsimg.moomoo.com/77777000/editor_image/769b185615d8334bab5d108817b0d59b.png/thumb)
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$iShares 20+ Year Treasury Bond ETF(TLT.US$ The historical record shows that the Federal Reserve usually starts cutting interest rates in May or June. Currently, with TLT nearing a price of USD $100, it is actually priced in for a two-notch rate cut by the Fed in six months.
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$NASPERS LTD ADR(NPSNY.US$ ' subsidiary $Prosus N.V. Sponsored ADR(PROSY.US$ revealed in its interim results report that, between early October and 24 November, it had further offloaded more than 26.21 million shares of TENCENT, cashing in USD1 billion.
Kwok mentioned that dotcoms had been facing pressure due to business result factors as well as concerns over China's macroeconomy. Coupled with the lingering apprehension over the divestments of its shareholder, the share...
Kwok mentioned that dotcoms had been facing pressure due to business result factors as well as concerns over China's macroeconomy. Coupled with the lingering apprehension over the divestments of its shareholder, the share...
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