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$S&P 500 Index (.SPX.US)$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...
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$S&P 500 Index (.SPX.US)$traded +0.35%, the$Dow Jones Industrial Average (.DJI.US)$climbed 0.97%, and the$Nasdaq Composite Index (.IXIC.US)$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: $Super Micro Computer (SMCI.US)$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...
Kevin Travers
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Mrstocksplitsundae
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I write a daily market update as a writer at moomoo that I send to every S&P 500 stock page, do you find market information not related to market prices?
For just the second month of 2024, and the first month since April, after surviving the often more dangerousmonth of September, the S&P 500 posted a negative October. The Nasdaq Composite closed out the month in the red as well, although that index had already posted a negative April as well as a negative July in 2024. There was some ugliness out there if you want to find it. Both the S&P 500 and Nasdaq Composite have fared better than other pockets of our marketplace. For tha...
103492837 : Thank you for sharing
MsMay : P
103811630 : “Q
103681739 : good to know that year end is a good time to deploy capital
1016551418 : wow
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