U.S. stock markets closed higher on Tuesday as investors awaited the outcome of the presidential election. The Nasdaq Composite increased by 1.4% to reach 18,439.2, the S&P 500 gained 1.2% to 5,782.8, and the Dow Jones Industrial Average rose 1% to 42,221.9. Gains were observed across all sectors, with consumer discretionary and industrials leading the […]
Tesla (TSLA) has experienced a significant decline this month, driven by third-quarter delivery results and the October 10 robotaxi event. While Tesla’s stock has seen a downturn, it has become considerably more expensive based on key financial metrics. The stock is down 11.8% year-to-date, with a nearly 17% drop in October alone. However, earnings projections […]
Stocks closed higher yesterday, recovering from the previous day’s losses with a gain of about 1%. Nvidia (NASDAQ: NVDA) significantly contributed to this market movement, rising over 4%. A notable aspect of this rally was the trading of more than 3 million Nvidia call options, surpassing the 20-day average of 2.3 million contracts. Despite the […]
Monday’s trading activity resembled a Triple Witching Friday more than what would be expected for the start of the week. Key news points, including speculation of a Federal Reserve rate cut and positive developments from Intel (NASDAQ: INTC), were mentioned, but what stood out was the elevated trading volume in both the S&P 500 and […]
US benchmark equity indices finished higher on Monday as investors assessed a survey on consumer inflation expectations and the likelihood of an interest rate cut next week.
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