ADVFN US – Market Content Editor
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Futures Pointing To Continued Strength On Wall Street
The major U.S. index futures are currently pointing to a modestly higher open on Thursday, with stocks poised add to the substantial gains posted over the two previous sessions. Stocks may continue to benefit from optimism about what a second Donald Trump presidency will mean for the markets and the U.S. economy. Overall trading activity…
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U.S. Futures Rise as Investors Await Fed Rate Decision; Oil Prices Drop
U.S. index futures rose in Thursday’s pre-market session following Donald Trump’s victory, which sent the Dow Jones up over 1,500 points yesterday. Investors are watching for the Federal Reserve’s interest rate decision, with CME Group’s Fed Watch tool showing a 100% probability of a rate cut. Corporate earnings, jobless claims data, and wholesale inventories will…
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Qualcomm Exceeds Expectations, Rises 8%; Wolfspeed Drops 25% on Negative Margin; Lyft and AppLovin Surge Over 20%
Qualcomm (NASDAQ:QCOM) – The semiconductor company exceeded expectations with an adjusted EPS of $2.69, against the expected $2.56, and revenue of $10.24 billion, above the expected $9.90 billion. Net income increased to $2.92 billion, with automotive growing 86% and device chips by 12%. The company projects revenue between $10.5 billion and $11.3 billion for the…
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Trump Victory Sparks Record-Setting Rally On Wall Street
Stocks skyrocketed during trading on Wednesday, as traders celebrated Donald Trump’s victory in the presidential election. The major averages added to the strong gains posted during Tuesday’s session, reaching new record closing highs. The major averages saw further upside in late-day trading, reaching new highs for the session. The Dow (DOWI:DJI) soared 1,508.05 points or…
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Trump’s Triumph Propels Bitcoin and Stocks to Record Highs Amid Market Frenzy – Latest in Crypto
Trump victory propels US stock market and Bitcoin to new highs Donald Trump’s victory spurred a significant surge in US stocks, with the Dow Jones up 1,429 points at the time of writing and the S&P 500 projected to increase 15% by 2025, according to UBS’s Solita Marcelli. Investors are betting on less regulation and…
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Trump Victory To Trigger Initial Rally On Wall Street
The major U.S. index futures are currently pointing to a sharply higher open on Wednesday, with stocks likely to extend the rally seen in the previous session. The substantial upward momentum on Wall Street comes as former President Donald Trump has been declared the winner in the presidential election versus Vice President Kamala Harris. Claiming…
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U.S. Index Futures Surge on Trump Victory Prospects; Commodities Slide Amid Dollar Strength
U.S. index futures surged in pre-market trading on Wednesday, driven by expectations of a Donald Trump victory and Republican control of Congress, which could benefit companies through his tax cut and tariff agenda. Trump reportedly secured 270 electoral votes, though other networks have yet to call the race. Sectors like banking and healthcare led gains,…
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Trump Media Shares Surge 32% Pre-Market; Tesla Jumps 13%; Coinbase Rises with BTC All-Time High
Trump Media & Technology Group (NASDAQ:DJT) – Donald Trump’s media company reported a $19.2 million loss in Q3, driven by $12.1 million in legal fees tied to a streaming deal and SPAC. Research and development expenses totaled $3.9 million. Despite the loss, shares surged 32.7% in pre-market after Trump declared victory in the presidential election,…
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U.S. Stocks Rally As Economic Optimism Overshadows Election Uncertainty
Stocks showed a lack of direction over the course of Monday’s session before closing moderately lower but showed a strong move back to the upside during trading on Tuesday. The tech-heavy Nasdaq helped lead the way higher. The major averages ended the day off their highs of the session but still firmly positive. The Nasdaq…
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Bitcoin Surpasses $70K; New Global Network for USDG Stablecoin; Chainlink, UBS, and Swift Test Tokenized Settlements
Bitcoin faces optimistic pre-election outlook Bitcoin (COIN:BTCUSD) has risen by 3.6% in the last 24 hours, reaching $70,223, driven by investor optimism surrounding the upcoming US presidential election. This election will determine control of the White House and Congress, which will directly impact cryptocurrency regulations. The presidency and Congress will shape whether the crypto market…