US Stock Market Review 15 - 19 July 2024 -$Dow Jones Industrial Average(.DJI.US)$closed lower -0.93% (-377.49, 40,287.53) due to concerns over potential interest rate hikes by the Federal Reserve, which could impact economic growth and corporate profits. -$NASDAQ(NASDAQ.US)$saw decrease of 0.81% (-144.28, 17,726.94) driven by a sell-off in tech stocks as investors rotated out of high-growth sectors due to fears of tighter monetary policy. -$S&P 500 Index(.SPX.US)$do...
On Sunday, July 21, President Biden announced in a social media post that he will not seek re-election in 2024, throwing his full support behind Vice President Kamala Harris for the Democratic presidential nomination. In his message, Biden stated that while he initially intended to run for re-election, he believes it is in the best interest of the Democratic Party and the country to step aside and focus on completing his...
Microsoft ($Microsoft(MSFT.US)$) investors have done very well over the past few years. While it isn't the world's largest company right now, Microsoft retained that position for many months due to its strong success. Although Microsoft stock has been a great buy historically, I'm avoiding it now due to one huge red flag. Microsoft's Business Segments Are Excelling Intelligent Cloud: Revenue grew by 21% to $26.7...
Jay Hatfield, CEO at Infrastructure Capital Advisors, said he expects a “muted stock market reaction” to Biden’s resignation from the presidential race, as it had been largely expected as calls for him to bow out grew louder. “The fact that Biden endorsed Kamala Harris reduces uncertainty. There may be a small unwinding of the Trump trade on Monday as Vice President Harris is perceived to have a slightly better chance of winning,” Hatfield said. Earnings and central bank policy will also be to...
The US and European markets experienced two consecutive days of simultaneous declines in both stocks and bonds. On Friday, US stocks fell broadly once again, with investors rapidly exiting tech stocks.$S&P 500 Index(.SPX.US)$and$Nasdaq Composite Index(.IXIC.US)$saw three consecutive days of losses, marking the largest weekly drop in three months.$Dow Jones Industrial Average(.DJI.US)$retreated over several days but still achieved a three-week winning streak. Small-cap indices pulled b...
US Stocks: The Dow fell 0.93%, gaining 0.72% for the week. The S&P 500 fell 0.71%, and the Nasdaq fell 0.81%, with weekly losses of 1.97% and 3.65%, respectively. Bonds: By the end of the trading day, the yield on the 10-year US Treasury was around 4.24%, up about 4 basis points for the day. The yield on the 2-year Treasury was around 4.51%, also up about 4 basis points for the day, with both yields rising about 6 basis points for the week. Commodities: WTI August crude futur...
Good morning mooers! Here are things you need to know about today's market: ●Tech-Driven Sell-Off Leads to Second Day of Market Retreat ●Malaysia's Revised MM2H Scheme Faces Criticism Over Stringent Requirements ●Anticipated Recovery in Malaysian Rubber Market Amid Adverse Weather and Global Tensions ●Stocks to watch: SunCon, Genting Plantations, MCE and CIMB -moomoo News MY Wall Street S...
Micro E-mini S&P 500 Index Futures(SEP4) Forum
- $Dow Jones Industrial Average(.DJI.US)$ closed lower -0.93% (-377.49, 40,287.53) due to concerns over potential interest rate hikes by the Federal Reserve, which could impact economic growth and corporate profits.
- $NASDAQ(NASDAQ.US)$ saw decrease of 0.81% (-144.28, 17,726.94) driven by a sell-off in tech stocks as investors rotated out of high-growth sectors due to fears of tighter monetary policy.
- $S&P 500 Index(.SPX.US)$ do...
$Tesla(TSLA.US)$ $S&P 500 Index(.SPX.US)$ $Trump Media & Technology(DJT.US)$
In his message, Biden stated that while he initially intended to run for re-election, he believes it is in the best interest of the Democratic Party and the country to step aside and focus on completing his...
Although Microsoft stock has been a great buy historically, I'm avoiding it now due to one huge red flag.
Microsoft's Business Segments Are Excelling
Intelligent Cloud: Revenue grew by 21% to $26.7...
“The fact that Biden endorsed Kamala Harris reduces uncertainty. There may be a small unwinding of the Trump trade on Monday as Vice President Harris is perceived to have a slightly better chance of winning,” Hatfield said.
Earnings and central bank policy will also be to...
He predicts that the market will return to a bear market by the end of this year or at the latest, next year.
$ProShares UltraPro Short QQQ ETF(SQQQ.US)$ $ProShares UltraPro QQQ ETF(TQQQ.US)$ $S&P 500 Index(.SPX.US)$ $CBOE Volatility S&P 500 Index(.VIX.US)$ $Nasdaq Composite Index(.IXIC.US)$ $Dow Jones Industrial Average(.DJI.US)$
The Dow fell 0.93%, gaining 0.72% for the week. The S&P 500 fell 0.71%, and the Nasdaq fell 0.81%, with weekly losses of 1.97% and 3.65%, respectively.
By the end of the trading day, the yield on the 10-year US Treasury was around 4.24%, up about 4 basis points for the day. The yield on the 2-year Treasury was around 4.51%, also up about 4 basis points for the day, with both yields rising about 6 basis points for the week.
WTI August crude futur...
●Tech-Driven Sell-Off Leads to Second Day of Market Retreat
●Malaysia's Revised MM2H Scheme Faces Criticism Over Stringent Requirements
●Anticipated Recovery in Malaysian Rubber Market Amid Adverse Weather and Global Tensions
●Stocks to watch: SunCon, Genting Plantations, MCE and CIMB
-moomoo News MY
Wall Street S...
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