Evening Market Recap - Thursday, 24-June
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Description
Overview: US equity markets all higher with the big news on the day being Biden announcing a deal has been struck pertaining to infrastructure. Elsewhere, Google announced it is delaying the phase out of third party cookie technology in its chrome browser sending a number of adtech companies higher. Other discussion points in this podcast include Yellen’s warning to congress pertaining to debt, economic data and Eli Lilly’s Alzheimer’s drug.
Tickers mentioned: LLY, TSLA, RAD, KBH, NFLX, AMZN, TTD, CRTO, MGNI, RAMP
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US equities ended higher Thursday, extending the week's upside, with S&P 500 and Nasdaq both on pace for third-straight weekly gains after three-straight weekly declines. The market had a generally constructive tone today, though there is still a lot of anticipation for CPI next week. Weekly...
Published 05/09/24
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US equities ended mixed in Wednesday trading, with the Dow Jones closing up 44bps, while the S&P500 finished flat and the Nasdaq down 18bps. Fed's Collins said getting to 2% target inflation may take longer than expected. Today's auction of $42B of 10-year notes tailed after yesterday's...
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