Three weeks after the election, investors are zeroing in on the Trump administration’s policy trajectory. The Trump 2.0 cabinet is nearly set, with nominees for key economic roles like Treasury and Commerce Secretary mostly decided. In this environment, U.S. equities have been volatile. The 'Trump trade' initially surged, pulled back on concerns about reflation, and then began to rebound. Since election day, the$標普500指數 (.SPX.US)$has risen...
Trump said Friday that he had chosen Scott Bessent for Treasury secretary, turning to the hedge fund executive to serve in a post with oversight of the massive US government debt market, tax collection and economic sanctions. Bessent has advocated for cutting taxes and reducing government spending and regulations. Bessent would also focus on enacting tariff, slaying inflation and maintaining the U.S. dol...
The nomination of a new U.S. Treasury Secretary and eased tensions in the Middle East drove funds out of tech stocks and into cyclicals.$道瓊斯指數 (.DJI.US)$and small-cap stocks hit record highs, with the Dow rising over 400 points and the$羅素2000指數 (.RUT.US)$up as much as 2.5%. The$標普500指數 (.SPX.US)$hit an intraday high before gains narrowed, while the$納斯達克綜合指數 (.IXIC.US)$briefly turned negative after a 1% increase but ended slightly higher...
Funds rotated out of tech stocks into economically sensitive cyclical stocks.$道瓊斯指數 (.DJI.US)$rose ~1%, closing at a record high, while$羅素2000指數 (.RUT.US)$surged 1.8%, up over 4% for the week.$納斯達克綜合指數 (.IXIC.US)$saw choppy trading, ending with a modest gain.$英偉達 (NVDA.US)$dropped more than 3%, and$谷歌-A (GOOGL.US)$fell over 4% for the week. Trump trade optimism reignited, pushing banking stocks up 1.6% to a two-year high, while$特斯拉 (TSLA.US)$rose 3.8% ...
Global stocks continue to relentlessly hit new highs, and the risk-on rally will probably persist into year-end—provided we keep seeing better-than-expected economic news, as we have been. Also, note that stocks generally gain momentum ahead of Black Friday and Cyber Monday sales. Meanwhile, Bitcoin has stalled for the ...
The market climbed Friday after a week of waiting and reacting to Nvidia earnings and Bitcoin's all-time highs. The market overall advanced Friday. Just past 4 pm ET the$標普500指數 (.SPX.US)$traded +0.35%, the$道瓊斯指數 (.DJI.US)$climbed 0.97%, and the$納斯達克綜合指數 (.IXIC.US)$climbed 0.16%. MACRO In macroeconomics, S&P Global released its composite and service PMI. Composite came in at a two-year high, 55.3...
Good morning, traders. Happy Friday, November 22nd. Without the news and animal spirits moving markets, you will not make it through today. My name is Kevin Travers, and the S&P 500 and market climbed this morning, here is what's moving: $超微電腦 (SMCI.US)$climbed 15%, after earlier this week, the firm said it submitted a plan to release its six-month delayed 10k with a new auditor, BDO USA, and filed for a time extension to file it...
Capital rotation drove U.S. stocks higher, with cyclical and small-cap stocks leading gains.$道瓊斯指數 (.DJI.US)$rose 1%,$羅素2000指數 (.RUT.US)$climbed 1.6%, and$納斯達克綜合指數 (.IXIC.US)$recovered from a 1% intraday drop to close slightly higher.$英偉達 (NVDA.US)$initially surged nearly 5% to a record high following its earnings report but reversed to a 3.6% loss before ending higher.$谷歌-A (GOOGL.US)$’s shares dropped as much as 7% on escalating ant...
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