category: Econ #s – Charm

Wall Street Struggles For Direction, Tesla Flirts With Record Highs, Bitcoin Tumbles Below $95,000: What’s Driving Markets Tuesday? – Grayscale Bitcoin Mini Trust (BTC) Common units of fractional undivided beneficial interest (ARCA:BTC)

The U.S. stock market lacked direction on Tuesday morning as investors stayed on the sidelines ahead of Wednesday’s release of November inflation data, a critical report that could influence the Federal Reserve’s decision on a potential interest rate cut next week. Large-cap indices hovered near unchanged levels, while small caps slightly outperformed, with the Russell…

Stellantis Market Value Halves In 2024: Why CEO Tavares’ Exit Could Take Things From Bad To Worse – Stellantis (NYSE:STLA)

Cs news2 months ago07 mins

Stellantis NV STLA’s struggles in 2024 have been nothing short of profound. The company’s stock has plummeted 47% year to date, nearly halving its market value amid a confluence of negative factors, now further compounded by the departure of the CEO Carlos Tavares. Tavares’ unexpected resignation came more than a year ahead of his planned…

Trump’s Proposed Tariffs Target Mexico, Canada, US Automakers; Wall Street Shrugs Off Concerns, Soars To Record Highs: This Week In The Markets – General Motors (NYSE:GM), iShares Russell 2000 ETF (ARCA:IWM)

Cs news2 months ago2 months ago04 mins

In a shortened trading week for the Thanksgiving holiday, President-elect Donald Trump sent shockwaves through the markets by announcing plans to impose a 25% tariff on all imports from Mexico and Canada alongside a 10% hike on Chinese goods. These measures, he indicated, aim to pressure these countries to address drug trafficking and illegal immigration….

European Stocks Close Higher, Dollar Gains, Bitcoin Eases To $95,000: What’s Driving Markets Thursday? – Grayscale Bitcoin Mini Trust (BTC) Common units of fractional undivided beneficial interest (ARCA:BTC)

Cs news2 months ago2 months ago04 mins

As U.S. markets paused for Thanksgiving, European equities staged a rebound on Thursday, snapping a three-day losing streak. Lower-than-expected consumer inflation data from Germany rekindled optimism for more aggressive rate cuts by the European Central Bank (ECB). Germany’s annual inflation rate edged higher, rising from 2.0% in October to 2.2% in November , but came…

Small Caps Rally, Gold Poised For Best Week Since March 2023, Bitcoin Tops $99,000: What’s Driving Markets Friday? – Copart (NASDAQ:CPRT)

Cs news3 months ago3 months ago04 mins

Risk appetite remained robust in the final trading session of the week, with all major U.S. indices poised to close the week in positive territory. Small-cap stocks outperformed their large-cap counterparts, continuing their recent streak of dominance. Fresh business surveys highlighted a notable health in the U.S. economy, with private sector activity recording its strongest…

Why Nvidia Earnings May Trigger Massive S&P 500 Volatility – Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), NVIDIA (NASDAQ:NVDA)

Cs news3 months ago3 months ago06 mins

Investors and speculators are gearing up for Nvidia Corp.‘s NVDA earnings report on Wednesday, an event that’s expected to send ripples, if not tidal waves, across the U.S. stock market. If the options market is right, Nvidia’s results could spark moves in the S&P 500 index – as tracked by the SPDR S&P 500 ETF…

Trump Rally Fades As Investors Await Powell’s Remarks, Bitcoin Drops Below $90,000: What’s Driving Markets Thursday? – Applied Mat (NASDAQ:AMAT)

Cs news3 months ago3 months ago03 mins

Signs of a waning Trump-led rally emerged Thursday as investors assessed the economic outlook and awaited potential signals on the interest-rate path from the upcoming Fed Chair Jerome Powell‘s speech in Dallas at 3 p.m. ET. Inflation data from the past two days provided mixed signals: consumer prices met expectations, while producer prices slightly exceeded…

Is S&P 500 Headed For A Lost Decade? Analysts Say ‘We May Have Forgotten About Dividends’ – SPDR S&P 500 (ARCA:SPY), Invesco S&P 500 Equal Weight ETF (ARCA:RSP)

Cs news3 months ago3 months ago06 mins

The idea of a “lost decade” for S&P 500 returns in the next 10 years has gained traction after a bearish report from Goldman Sachs earlier in October, which predicted very subdued annual returns for U.S. stocks over the next decade and possible underperformance against other asset classes. This view, however, has sparked strong pushback…

Bank Earnings Propel Wall Street To Record Peaks, Oil Plunges Below $70, Gold Shines At All-Time Highs: This Week In The Market – Apple (NASDAQ:AAPL), SPDR Gold Trust (ARCA:GLD)

Cs news4 months ago4 months ago04 mins

Wall Street powered ahead this week as stronger-than-expected bank earnings and upbeat guidance pushed the S&P 500 and Dow Jones Industrial Average to record highs. The September retail sales report positively surprised expectations, while a notable drop in weekly jobless claims reinforced the perception that the U.S. economy remains strong. This momentum has led some…

Wall Street Marks New Highs As Bank Stocks Rally, Tesla Tumbles As Robotaxi Disappoints: What’s Driving Markets Friday? – Affirm Holdings (NASDAQ:AFRM)

Cs news4 months ago4 months ago05 mins

Friday’s trading session saw another robust rally on Wall Street, with the S&P 500 and Dow Jones Industrial Average both reaching new record highs, fueled by better-than-expected third-quarter earnings from major U.S. banks. The S&P 500 surged past 5,800 points, while the Dow Jones Industrial Average climbed above 42,800. Leading the charge were top U.S….