Behrooz Shahriari
reacted to
The market climbed its best on Monday, with equities paling in comparison to the explosive first session of last week. The S&P 500 climbed while individual decliners brought down the Dow.
Just past 4 pm ET the $S&P 500 Index (.SPX.US)$ climbed 0.39% the $Dow Jones Industrial Average (.DJI.US)$ fell 0.13%, and the $Nasdaq Composite Index (.IXIC.US)$ climbed 0.60%.
$NVIDIA (NVDA.US)$ reports pulled the Dow lower,...
Just past 4 pm ET the $S&P 500 Index (.SPX.US)$ climbed 0.39% the $Dow Jones Industrial Average (.DJI.US)$ fell 0.13%, and the $Nasdaq Composite Index (.IXIC.US)$ climbed 0.60%.
$NVIDIA (NVDA.US)$ reports pulled the Dow lower,...
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Behrooz Shahriari
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$Trump Media & Technology (DJT.US)$ shares jumped almost 17% Monday, erasing earlier declines after the Financial Times reported that the social media company is in talks to buy crypto trading venue Bakkt, owned by $Intercontinental Exchange (ICE.US)$.
The stock of the company that's 53% owned by President-elect Donald Trump climbed to $32.78, erasing declines of as much as 5.5% earlier. $Bakkt Holdings (BKKT.US)$ s...
The stock of the company that's 53% owned by President-elect Donald Trump climbed to $32.78, erasing declines of as much as 5.5% earlier. $Bakkt Holdings (BKKT.US)$ s...
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Behrooz Shahriari
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In October 2024, the US economy saw the addition of only 12,000 jobs, a sharp decline from the 223,000 jobs added in September, which itself was a downward revision. This figure was also significantly below the anticipated 113,000 jobs, marking the lowest growth since December 2020.
Additionally, hurricanes may have impacted job numbers in certain industries, although the Bureau of Labor Statistics was unab...
Additionally, hurricanes may have impacted job numbers in certain industries, although the Bureau of Labor Statistics was unab...
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Behrooz Shahriari
liked and voted
Next week could be one of the most exciting times for global stock markets! Two major events— the U.S. election and the US Fed FOMC meeting - could significantly impact market trends.
Before these events, we have an important economic announcement this Friday: the U.S. October Non-Farm Payroll (NFP) report.
1. Why is this Non-Farm Payroll report important?
2. What indicators should investors pay attention to?
3. How should t...
Before these events, we have an important economic announcement this Friday: the U.S. October Non-Farm Payroll (NFP) report.
1. Why is this Non-Farm Payroll report important?
2. What indicators should investors pay attention to?
3. How should t...
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Behrooz Shahriari
liked
Columns October US Nonfarm Payrolls Preview | Employment May Be Temporarily Disrupted Due to the Hurricane
October nonfarm payrolls report will be released at 8:30 a.m. ET this Friday. The median forecast of analysts for the upcoming nonfarm employment is 115K, downfrom 254K in August. The unemployment rate is expected to remain at 4.1%.
Although analysts might attribute the economic weakness to temporary weather conditions, cyclical factors are also significant contributors. The manufacturing sector, a ...
Although analysts might attribute the economic weakness to temporary weather conditions, cyclical factors are also significant contributors. The manufacturing sector, a ...
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Behrooz Shahriari
reacted to and commented on
Behrooz Shahriari
reacted to
Earnings Preview
Wall Street is bracing for the most eventful week of news leading up to the election.
Next week, five of the Magnificent Seven companies will announce their earnings. Alphabet will share its results on Tuesday, while Microsoft and Meta Platforms will release theirs on Wednesday. Amazon and Apple are scheduled to report their earnings on Thursday.
Google's parent company, $Alphabet-A (GOOGL.US)$ , is schedul...
Wall Street is bracing for the most eventful week of news leading up to the election.
Next week, five of the Magnificent Seven companies will announce their earnings. Alphabet will share its results on Tuesday, while Microsoft and Meta Platforms will release theirs on Wednesday. Amazon and Apple are scheduled to report their earnings on Thursday.
Google's parent company, $Alphabet-A (GOOGL.US)$ , is schedul...
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The market slipped into a fall Friday alongside autumn leaves in Jersey City after another heavy week of earnings. Next week, investors are watching for an even bigger earnings week with less than two weeks to the U.S. election. Watch for reports from $Apple (AAPL.US)$, $Meta Platforms (META.US)$, $Microsoft (MSFT.US)$, and $Amazon (AMZN.US)$, and dozens more industry giants. Next week will also see a labor market report.
Just past ...
Just past ...
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