5/11/2024 – Morning Note

Key News Overnight: Wall Street’s major indexes ended higher on Friday, rebounding from the previous day’s sell-off as Amazon’s strong earnings countered a significant drop in U.S. job growth in October. Amazon.com (AMZN.O), rose 6.2% after itRead more

Key News Overnight: All three U.S. stock indexes closed lower on Thursday after Microsoft and Meta Platforms highlighted growing artificial intelligence costs that could hit their earnings, curbing enthusiasm for megacaps that have fueled theRead more

Key News Overnight: U.S. stock indexes closed lower on Wednesday as chip stocks tumbled and investors awaited a host of corporate earnings. Microsoft(MSFT.O) and Meta Platforms(META.O) reported earnings after the bell, with both beating quarterlyRead more

Key News Overnight: The Nasdaq scored a record closing high and the S&P 500 rose on Tuesday, while the Dow fell as investors digested a host of corporate earnings and awaited Google-parent Alphabet’s (GOOGL.O), opens newRead more

Key News Overnight: Wall Street closed higher on Monday ahead of a packed week of earnings from megacap companies and the final stretch before the Nov. 5 presidential election, while sentiment improved after energy suppliesRead more