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US equities were mostly lower and mixed in Monday trading, though stocks finished off worst levels. A very quiet session today as the market waits for some key catalysts this week, notably tomorrow’s US election, a widely expected 25 basis point rate cut from the Fed, China’s NPC meeting, and 103 more S&P 500 companies scheduled to report. In macro news, factory orders declined largely in line with expectations, down for the fourth time the in last five months in September.
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
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