Evening Market Recap - Tuesday, 29-Oct
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US equities finished mixed in Tuesday trading, a bit off best levels. Earnings takeaways were mixed to weaker with DHI-US results/guidance highlighting the lagged effects of the Fed's pivot. Today's stronger consumer confidence supportive of the broader soft-/no-landing traction. October consumer confidence well ahead of estimates, biggest jump since Mar-21.
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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
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