Happy Thursday, December 12th. The market fell on Thursday after tech stocks hit all-time highs Wednesday, and inflation in the prices companies pay rose more than expected. Here are the stories you might have missed affecting stocks today: $Warner Bros Discovery (WBD.US)$climbed 13%, the highest on the S&P 500 by percentage gain after the firm said Thursday it decided to cut its cable TV business from i...
"New Fed Whisperer": CPI Indicates Strengthening Inflation, Challenges Loom for Trump and the Fed November core CPI was flat compared to the prior month, up 3.3% YoY and 0.3% MoM. Housing costs cooled slightly. Following the report, swap markets raised December rate cut expectations from 86.1% to 96.4%, with markets still pricing in a January pause. Timiraos highlighted inflation’s stagnation in November, sugg...
S&P 500: 6,084.19 (+0.8%) Nasdaq-100: 21,763.98 (+1.9%) DJIA: 44,148.56 (-0.2%) Eurostoxx: 4,959.35 (+0.2%) U.S. crude futures: 70.29 (+2.5%) Overnight, U.S. indices posted a mixed finish on the back of the November consumer price index (CPI) which came in within expectations, rising 2.7% year-on-year. Nonetheless, the Nasdaq-100 advanced 1.9% to a record high, lifted by most major tech shares. Meanwhile, the S&P 500 rose 0.8...
The$Nasdaq Composite Index (.IXIC.US)$hit a record intraday and closing high Wednesday, crossing 20,000 points for the first time. The index was up 1.8% at 20,050 in late trading, finishing 1.77% higher. The$S&P 500 Index (.SPX.US)$closed just below its highest close on record at 6,090.27, while the$Dow Jones Industrial Average (.DJI.US)$fell 0.2%. MACRO In economic news, November’s consumer price index (C...
The U.S. CPI data released today met market expectations, which is expected to further increase the probability of a Federal Reserve rate cut in December. Catalyzed by this news, the$Nasdaq Composite Index (.IXIC.US)$successfully broke through the 20,000-point mark, reaching a historic new high and entering a new milestone. Year-to-date, the Nasdaq has accumulated a 35.45% gain, leading the major U.S. stock indices. Looking back at 2024, ...
Happy Wednesday, December 11th. The market climbed Wednesday, with a fresh Nasdaq all-time trading high after 10:10 am, all after CPI Inflation came in right as expected. The index sits 50 points away from a symbolic, cool-looking high of 20,000 points. $Macy's (M.US)$reported earnings Wednesday morning, coming in lower than hoped, while the firm cut its forward guidance expecting weak holiday shopping. Macy's had delayed its ...
Raffierca
Darksoulx80
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The point is increased/increasing investor confidence. Just look at Telsa and btc breaking ath’s. If you dont think this will be reflected in djt price you dont know stocks
Alen Kok : okay
Silverbat : If inflation keeps rising, interest will move higher
Marie Thermidor : Thanks Kevin Travers. You’re rock
BOTAKZERO : i just new on trading apps, i not too much for understand about trading