S&P ends wild week largely flat as benchmark index rebounds strongly from 3% plunge
https://seekingalpha.com/news/4138381-sp-ends-wild-week-largely-flat-as-benchmark-index-rebounds-strongly-from-3-plunge?utm_source=feed_news_all&utm_medium=referral&feed_item_type=news
Aug 09, 2024 - The S&P 500 (SP500) on Friday slipped 0.04% for the week to end at 5,344.16 points, posting gains in three out of five sessions. Read more here.
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Eli Lilly's earnings rally is not done yet — plus, why TJX has stayed resilient in the volatility
https://www.cnbc.com/2024/08/09/eli-lillys-earnings-rally-is-not-done-yet-plus-why-tjx-has-stayed-resilient-in-the-volatility.html
Aug 09, 2024 - Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
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S&P 500: It's A Dead Cat Bounce - Sell The Rally
https://seekingalpha.com/article/4712802-sp500-dead-cat-bounce-sell-rally?source=feed
Aug 09, 2024 - The labor market is weakening, and corporate earnings point to weak consumer spending while the Gen AI bubble continues to burst. Read what investors need to know.
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Bay Street May Open Higher; Jobs Data In Focus
https://www.rttnews.com/story.aspx?Id=3468096
Aug 09, 2024 - Higher crude oil and gold prices, and firm global stocks point to slightly positive start for the Canadian market Friday morning. The market is also likely to benefit from upbeat U.S. jobless claims data, and optimism about Fed interest rate cuts.
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Friday's big stock stories: What's likely to move the market in the next trading session
https://www.cnbc.com/2024/08/08/fridays-big-stock-stories-whats-likely-to-move-the-market.html
Aug 08, 2024 - Here's what's on the radar for CNBC TV heading into Friday's session after stocks staged a sharp rebound on Thursday.
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U.S. Stocks Rally On Upbeat Weekly Jobless Claims Data
https://www.rttnews.com/story.aspx?Id=3467824
Aug 08, 2024 - After coming under pressure over the course of the previous session, stocks have moved sharply higher during trading on Thursday. The major averages have all shown strong moves to the upside, more than offsetting yesterday's losses. Currently, the major averages are just off their highs of the session.
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U.S. Stocks May See Initial Strength Following Jobless Claims Data
https://www.rttnews.com/story.aspx?Id=3467771
Aug 08, 2024 - Following the downturn seen over the course of the previous session, stocks may move back to the upside in early trading on Thursday. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 up by 0.7 percent.
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No sign of U.S. recession in freight demand, CEO of shipping giant Maersk says
https://www.cnbc.com/2024/08/07/no-sign-of-us-recession-in-freight-demand-maersk-ceo-says.html
Aug 07, 2024 - U.S. inventories "are not at a level that is worrisome or that seems to indicate a significant slowdown right in the offing."
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U.S. Stocks Snap 3-day Losing Streak, End On Firm Note
https://www.rttnews.com/story.aspx?Id=3466736
Aug 06, 2024 - U.S. stocks closed higher on Tuesday, recovering well after three successive days of losses, as investors shrugged off fears of a recession and geopolitical concerns, and chose to indulge in some buying at reduced levels.
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Now is the time to 'buy things on sale' in the stock market, advisor says. Here's what to know
https://www.cnbc.com/2024/08/06/now-is-the-time-to-buy-things-on-sale-in-the-stock-market-advisor-says.html
Aug 06, 2024 - While bad days in the market can induce fears, it's important to stick to your long-term financial goals and continue to invest, experts say.
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