ADVFN US – Market Content Editor
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Black Friday Retail Sales Rise 2.5%
According to Mastercard SpendingPulse, Black Friday retail sales in the United States saw an increase this year, building upon the double-digit growth observed in 2022. The report from this payments technology company, which tracks retail sales both in physical stores and online across various payment methods, revealed that on Friday, November 24, U.S. retail sales,…
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US Futures, European Stocks Fall as Investors Await Fresh Cues
U.S. futures for the S&P 500 were down 0.2% and futures for the Dow Jones Industrial Average fell 0.1%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 declined 0.4% in morning trading. MorphoSys climbed 5.1% and Merlin Properties SOCIMI rose 3.6%. On the other hand,…
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Top Company News of the Day: Microsoft, Shein, Novartis, Zscaler
Microsoft Needs a Better Seat at OpenAI’s Table The leadership crisis exposed Microsoft’s reliance on the AI startup, showing a need for a greater role. Fast-Fashion Giant Shein Files to Go Public The China-founded online fashion company was valued at $66 billion earlier this year. 5 Oil & Gas Companies on the Brink of Big…
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U.S. Stocks Finish Lackluster Session Modestly Lower
Stocks showed a lack of direction over the course of the trading day on Monday, extending the lackluster performance seen during last Friday’s holiday-shortened session. The major averages bounced back and forth across the unchanged line before eventually closing modestly lower. The Dow slipped 56.68 points or 0.2 percent to 35,333.47 and the S&P 500…
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Crypto this Monday: Standard Chartered Tests e-CNY, Cosmos to Launch AtomOne Fork, and More
Richard Teng takes over Binance with expansion plans Following Changpeng Zhao’s departure, former Binance director Richard Teng, now CEO, announced his plan to expand the cryptocurrency exchange. In a November 27 post, Teng revealed he has the support of Binance’s leadership and CZ, who stepped down following an agreement with U.S. authorities. He will focus…
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Futures Pointing To Modestly Lower Open On Wall Street
US Market The major U.S. index futures are currently pointing to a modestly lower open on Monday, with stocks likely to move to the downside after ending last Friday’s holiday-shortened session narrowly mixed. Traders may look to cash in on recent strength in the markets, which has seen the major averages move higher for four…
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North American Morning Briefing: Stock Futures Pull Back as China Data Disappoint
Market Wraps Watch For: New Home Sales for October Amazon.com Today’s Top Headlines/Must Reads: – Investors See Interest-Rate Cuts Coming Soon, Recession or Not – Stock Market Heads Into Year’s End With Serious Momentum – Retailers Have Cleaned Up Their Inventories for the Holidays Opening Call: Stock futures were a touch lower on Monday following…
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Option Volatility And Earnings Report For November 27 – December 1
Monday Nothing of note Tuesday CRWD – 7.5% PDD – 9.6% Wednesday SNOW – 9.3% Thursday CRM – 5.5% DELL – 6.6% MRVL – 7.8% Friday Nothing of note US Options Trader Live Realtime Streaming: US Options (OPRA), NYSE, NASDAQ, AMEX prices + Dow Jones and S&P indices – and our innovative Options Tools, featuring…
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GDP, Fed Speakers and Other Can’t Miss Items This Week
This week should be back to normal volume-wise as the market resumes normal trading hours for the entire week. Still in the midst of earnings season, we have Toronto Dominion Bank and Salesforce due out as well as the normal news. Here are 5 themes to watch in the market this week. In summary, these…
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Keep An Eye Out: Pre-Market Movers And Analyst Recommendations
In the coming week, the October reading of the U.S. core personal consumption expenditures price index, the Fed’s preferred inflation gauge, will be the main highlight. Also, market participants will be eyeing a spate of economic data, including the U.S. CB Consumer Confidence, S&P/CS HPI Composite – 20 n.s.a., Richmond Manufacturing Index, GDP (preliminary), GDP…