8/11/2024 – Morning Note

Key News Overnight: Donald Trump’s victory in the U.S. presidential election unleashed a massive rally in the dollar, drove stocks to record highs and punished bond prices as expectations of tax cuts and tariffs on imports drove optimismRead more

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. In this issue: UraniumRead more

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