The euphoria surrounding the “Trump trades” appears to have waned just weeks after completion of the U.S. presidential election. Initially, these trades dominated the investment landscape, driving U.S. stock markets to record highs, pushing Treasury yields upward, and strengthening the dollar amid expectations of tax cuts, increased government spending and tariffs. Among these dynamics, two…
The market continued its impressive rally last week with the S&P 500 ($SPX) (SPY) closing at new all-time highs. The November rally was one of the strongest on record, with the index gaining over 3.42% for the month. This week brings several high-impact economic releases that could influence market direction, with Friday’s jobs report being…
The S&P 500 Index ($SPX ) (SPY ) Wednesday closed down -0.38%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.31%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.85%. Stocks on Wednesday settled moderately lower, with the Dow Jones Industrials falling back from… Source link
Nvidia’s stellar earnings report, with a 94% year-over-year revenue increase, has been met with a surprisingly muted market reaction, leaving investors wondering if the stock still has room to run. Despite this, Wall Street remains bullish, with many analysts raising their price targets and predicting a bright future for the AI chip leader. Source link
Equities Global markets were mostly higher ahead of a data-packed week, fuelled by investor optimism over billionaire hedge fund manager Scott Bessent’s nomination as U.S. treasury secretary. Wall Street futures climbed at the start of a trading week shortened by the Thanksgiving holiday. TSX futures followed sentiment higher. In Canada, investors are getting results from…
Switch the Market flag for targeted data from your country of choice. Open the menu and switch the Market flag for targeted data from your country of choice. Need More Chart Options? Right-click on the chart to open the Interactive Chart menu. Use your up/down arrows to move through the symbols. Source link
Switch the Market flag for targeted data from your country of choice. Open the menu and switch the Market flag for targeted data from your country of choice. Need More Chart Options? Right-click on the chart to open the Interactive Chart menu. Use your up/down arrows to move through the symbols. Source link
Switch the Market flag for targeted data from your country of choice. Open the menu and switch the Market flag for targeted data from your country of choice. Need More Chart Options? Right-click on the chart to open the Interactive Chart menu. Use your up/down arrows to move through the symbols. Source link
Switch the Market flag for targeted data from your country of choice. Open the menu and switch the Market flag for targeted data from your country of choice. Need More Chart Options? Right-click on the chart to open the Interactive Chart menu. Use your up/down arrows to move through the symbols. Source link
Tesla’s (TSLA) recent stellar earnings performance, marked by a remarkable 22% single-day surge that added nearly $150 billion to its market value, has thrown the electric vehicle (EV) market back in the spotlight. www.barchart.com The company’s Q3 2024 results easily exceeded expectations, with earnings per share reaching $0.72, significantly beating analysts’ estimates of $0.58. Most notably,…