US Stock MarketDetailed Quotes
.SPX S&P 500 Index
- 5319.310
- +119.810+2.30%
Close Aug 8 16:00 ET
5328.030High5233.850Low
5252.570Open5199.500Pre Close2.70BVolume5669.67052wk High455Rise1.81%Amplitude4103.78052wk Low45Fall5280.940Avg Price2Flatline
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After the S&P 500 had its worst day since 2022 Monday, it rebounded with its best one day point climb since January of 2023 Thursday.
Just past the 4 pm ET close, the $S&P 500 Index (.SPX.US)$ climbed 2.30%, the $Dow Jones Industrial Average (.DJI.US)$ climbed 1.76%, and the $Nasdaq Composite Index (.IXIC.US)$ climbed 2.87%.
MACRO
Thursday in macroeconomics, initial jobless claims came in at 233k, lower than 250k l...
Just past the 4 pm ET close, the $S&P 500 Index (.SPX.US)$ climbed 2.30%, the $Dow Jones Industrial Average (.DJI.US)$ climbed 1.76%, and the $Nasdaq Composite Index (.IXIC.US)$ climbed 2.87%.
MACRO
Thursday in macroeconomics, initial jobless claims came in at 233k, lower than 250k l...
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$S&P 500 Index (.SPX.US)$ wow puts are so expensive compared to calls after the past couple days you think it would calm the f down
$S&P 500 Index (.SPX.US)$ so no matter what we are entering a recession. Let's just keep buying stuff, said the government with endless QE only!!
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![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined"){kind=small}
Good morning, traders. Happy Thursday, the market is trying to climb up after falling back. The Nasdaq and tech stocks were still in correction territory from their heights in the lush days of July. My name is Kevin Travers, here are moovin' stonks.
Eli Lilly $Eli Lilly and Co (LLY.US)$ posted a Q2 earnings beat, boosted by demand for the company's Mounjaro diabetes treatment and weight-loss drug Zepbound. The stock climbed 8%, and ...
Eli Lilly $Eli Lilly and Co (LLY.US)$ posted a Q2 earnings beat, boosted by demand for the company's Mounjaro diabetes treatment and weight-loss drug Zepbound. The stock climbed 8%, and ...
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The Fed is in a lose-lose situation:
1. If the Fed cuts rates aggressively right now, markets tank further and they risk a resurgence of inflation.
Cutting US rates will only make the Yen carry trade unwinding WORSE, likely sending the Nasdaq into bear market territory.
2. If the Fed doesn't cut rates right now, recession fears will continue to mount.
No rate cuts means more worry about rising unemployment which is now at a 3-year high.
The Fed must pick between market and inflation instabi...
1. If the Fed cuts rates aggressively right now, markets tank further and they risk a resurgence of inflation.
Cutting US rates will only make the Yen carry trade unwinding WORSE, likely sending the Nasdaq into bear market territory.
2. If the Fed doesn't cut rates right now, recession fears will continue to mount.
No rate cuts means more worry about rising unemployment which is now at a 3-year high.
The Fed must pick between market and inflation instabi...
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Yesterday the market bounced, but the rally attempt was not impressive. The popular averages closed in the middle of the day's range on lower volume. The Russell 2000 was the strongest closing up +1.23%. The "rally" looked more like a dead cat bounce than a strong start to a new sustainable up leg.
Given the size and speed of the decline over the last few days, there is undoubtedly some trapped supply out there. At the very least, we are likely to experience more volatility, something I avoid li...
Given the size and speed of the decline over the last few days, there is undoubtedly some trapped supply out there. At the very least, we are likely to experience more volatility, something I avoid li...
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