US stocks surged last week, driven by easing policies. The Federal Reserve cut interest rates by 50 basis points last Wednesday, its first reduction in four years. On Tuesday, China's central bank announced significant rate cuts and several financial support measures. In the week following the Fed’s rate cut, utilities, metals, and energy stocks led gains in the US market.$Utilities - Independent Power Producers (LIST2462.US)$and ...
The market climbed on Tuesday. After a down start to the trading session, the market direction reversed. The S&P 500 and Dow Jones hit fresh trading highs and closing highs yet again. Just past 4 am ET, the$S&P 500 Index (.SPX.US)$traded up 25 bps, the$Dow Jones Industrial Average (.DJI.US)$climbed 20 bps, and the$Nasdaq Composite Index (.IXIC.US)$fell 56 bps. MACRO Consumer sentiment took a sharp downturn in Septemb...
Good morning, traders. Happy Tuesday, September 24th. The market is trying to climb and the Dow hit another trading high right after opening. Seven out of 11 sectors of the S&P 500 fell while energy, utilities, and manufacturing materials led the market. My name is Kevin Travers; here are stonks and stories mooving the U.S. stock market today. $Visa (V.US)$was trading 4% lower Tuesday as regulatory concerns weighed on shares of the cre...
$Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$ went nuts today with Chinese stocks!! unfortunately I only took individual stocks in $Alibaba (BABA.US)$ $JD.com (JD.US)$ and $Freeport-McMoRan (FCX.US)$ .
What I say about China!
Sto...
In the week following the Fed’s rate cut, utilities, metals, and energy stocks led gains in the US market. $Utilities - Independent Power Producers (LIST2462.US)$ and ...
Just past 4 am ET, the $S&P 500 Index (.SPX.US)$ traded up 25 bps, the $Dow Jones Industrial Average (.DJI.US)$ climbed 20 bps, and the $Nasdaq Composite Index (.IXIC.US)$ fell 56 bps.
MACRO
Consumer sentiment took a sharp downturn in Septemb...
My name is Kevin Travers; here are stonks and stories mooving the U.S. stock market today.
$Visa (V.US)$ was trading 4% lower Tuesday as regulatory concerns weighed on shares of the cre...
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