71323557
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The market is in the green Thursday, and the S&P 500 was flat for the day by the close after pulling close to an all-time high. Nvidia fell 6% for the day, but the market did not feel it as it normally does.
Just past the 4 pm ET close, the $S&P 500 Index (.SPX.US)$ traded exactly flat for the day, the $Dow Jones Industrial Average (.DJI.US)$ climbed 0.59%, and the $Nasdaq Composite Index (.IXIC.US)$ fell 0.23%.
MACRO
Thursd...
Just past the 4 pm ET close, the $S&P 500 Index (.SPX.US)$ traded exactly flat for the day, the $Dow Jones Industrial Average (.DJI.US)$ climbed 0.59%, and the $Nasdaq Composite Index (.IXIC.US)$ fell 0.23%.
MACRO
Thursd...
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Good morning, traders. Happy Wednesday, an hour in, the market attempted a rebound after AMD earnings pushed Semiconductors and Tech higher. Today is yet another major earnings day, with $Meta Platforms (META.US)$ after the bell, along with $Qualcomm (QCOM.US)$ and more. Investors can tune in live on moomoo to watch the FOMC statement at 2 pm ET, and press conference with Jerome Powell at 2:30 pm ET at our link here: Click here to watch!!
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Even though the U.S. stock market has rallied this year due in significant measure to the excitement surrounding artificial intelligence and expectations that the country's economy can avoid a recession as inflation declines, stock prices have proven difficult to forecast this year, as some of Wall Street's most well-known analysts have recently demonstrated.
Below is the market outlook for $S&P 500 Index (.SPX.US)$ in 2024. ...
Below is the market outlook for $S&P 500 Index (.SPX.US)$ in 2024. ...
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With the rapid rate hikes by the Federal Reserve, the US 30-year mortgage rate once surged past 7.1% in October last year. In 2023, the Fed continued to raise rates to combat inflation, causing mortgage rates to rapidly climb after experiencing a slight drop at the beginning of the year. In the week ended Aug. 11, the contract rate on a 30-year fixed mortgage has rebounded significantly by 98 ...
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Recently, the mortgage rate reached 6.09% in early February. MBA (Mortgage Bankers Association) forecasts the rate will decline to an average of 5.7% throughout 2023. Mooers, Is the rising rate affecting your plan to buy a house?
Since inflation, jobs, and retail spending figures have been surprisingly strong, the Federal Reserve needs more efforts to keep things under control. To bring down high inflation and cool the economy, ...
Since inflation, jobs, and retail spending figures have been surprisingly strong, the Federal Reserve needs more efforts to keep things under control. To bring down high inflation and cool the economy, ...
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71323557 : Haha