Evening Market Recap - Thursday 17-Oct
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US equities finished narrowly mixed in Thursday trading. Growth and momentum were providing leadership in today's trading, with the AI secular growth theme the big focus following Taiwan Semiconductor earnings and guidance, pushing semis to the best day in three weeks. September headline retail sales came in a bit higher than expected, up 0.4% vs Street consensus of 0.3%.
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Major US equity indices were higher this week, bouncing after last week's losses though the S&P and Nasdaq remain below post-election record closes. There was a big focus on corporate results this week, largely focused on the long-awaited Nvidia report. It was also another fairly busy week of...
Published 11/22/24
Published 11/22/24
US equities were higher in Thursday trading as stocks ended just a bit off best levels. Nvidia dominated the headlines today following last night's earnings release. In macro news, initial claims fell to its lowest level since April, while continuing claims ticked to its highest level since...
Published 11/21/24