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La vendita allo scoperto per SPDR Dow Jones Industrial Average ETF dà agli investitori un'idea del grado in cui gli investitori stanno scommettendo sul declino delle azioni di SPDR Dow Jones Industrial Average ETF. I dati relativi alle vendite allo scoperto vengono aggiornati ogni due settimane.

SPDR Dow Jones Industrial Average ETF (ARCA:DIA), Report sulle vendite allo scoperto

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The Trust seeks to achieve this investment objective by holding a portfolio of the common stocks that are included in the DJIA (the Portfolio), with the weight of each stock in the Portfolio substantially corresponding to the weight of such stock in the DJIA.

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Nuveen Dow 30SM Dynamic Overwrite Fund Common Shares of Beneficial Interest

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The stock market edged lower by midday Tuesday as investors treaded cautiously ahead of the Federal Reserve&#8217;s policy <a href="https://www.benzinga.com/economics/macro-economic-events/24/12/42514008/fed-poised-to-cut-interest-rates-by-0-25-this-week-heres-why-your-focus-should-shift-to-other-signals">decision scheduled for Wednesday.</a>
Although a rate cut appeared widely priced in—with Fed Funds futures assigning a 96% probability—investors are fully focused on the Fed's forward guidance and Chair Jerome Powell&#8216;s remarks, particularly in light of recent robust economic data.
November's retail sales data showed an unexpected rebound, rising 0.7% month-over-month, surpassing expectations of 0.5%. On an annual basis, sales climbed 3.8%, the fastest pace since December 2023, driven by strong auto sales growth.
Semiconductor stocks led the downturn amid renewed geopolitical tensions following reports that China is broadening antitrust scrutiny on U.S. chipmakers&#8217; acquisitions in recent years. Last week, Beijing launched an investigation into Nvidia Corp.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) 2019 acquisition of Mellanox Technologies.
The iShares Semiconductor ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SOXX#NYSE">SOXX</a>) declined 1.5%, weighed down by sharp losses in major chip stocks. Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) dropped over 5%, while Marvell Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) plunged over 8%.
By midday, the major U.S. indices were in negative territory. The S&amp;P 500 slipped 0.4%, the Dow Jones Industrial Average fell 0.6%, and the Nasdaq 100 declined 0.4%.
Both the U.S. dollar and Treasury yields remained steady, reflecting cautious positioning by institutional investors.
In commodities, gold dipped 0.3%, while natural gas and oil prices fell 2% and 1%, respectively, signaling continued weakness in the energy sector.
Cryptocurrencies continued to outperform. Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) climbed 1.3% to surpass $107,000, reaching a market capitalization of $2.13 trillion. The total cryptocurrency market value rose to $3.68 trillion, a new record high. 
<h3 class="wp-block-heading">Tuesday&#8217;s Performance In Major US Indices, ETFs</h3>
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1-day Chg %</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>6,050.50</td>
<td>-0.4%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>22,000.37</td>
<td>-0.4%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>43,443.08</td>
<td>-0.6%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,345.01</td>
<td>-0.7%</td>
</tr>
</tbody>
</table>
</figure>
According to&nbsp;<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent121624&amp;t=be2bearmibe3na1">Benzinga Pro</a>&nbsp;data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) fell 0.4% to $604.65.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>)&nbsp;eased 0.6% to $435.75.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) fell 0.4% to $536.21.</li>
<li>The&nbsp;iShares Russell 2000 ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) dipped 1% to $232.10.</li>
<li>The&nbsp;Consumer Discretionary Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLY#NYSE">XLY</a>) outperformed, up by 0.2%; the&nbsp;Energy Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>) lagged for the second straight session, down 1.3%.</li>
</ul>
<h3 class="wp-block-heading">Tuesday&#8217;s Stock Movers</h3>
<ul>
<li>Amer Sports Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AS#NYSE">AS</a>) rallied 5.7% after UBS analysts raised the stock price target from $27 to $37. </li>
<li>Amentum Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMTM#NYSE">AMTM</a>) tumbled by over 11% in reaction to its earnings reports, with the company highlighting pessimistic guidance for 2025.</li>
</ul>
Read Now: 
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42531373/financial-stocks-near-record-year-could-trump-deregulation-fuel-bigger-gains-in-2025">Financial Stocks Near Record Year: Could Trump Deregulation Fuel Bigger Gains In 2025?</a></li>
</ul>
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Stocks Slip Ahead Of Fed Meeting, Chipmakers Suffer From China's Threat, Bitcoin Spikes Above $107,000: What's Driving Markets Tuesday?

Tech stocks extended their rally to new heights on Monday, with the Nasdaq 100 index climbing over 1% to surpass 22,000 points, fueled by robust gains among key <a href="https://www.benzinga.com/tech">components in the index.</a>
Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) led the charge, soaring over 8% after receiving bullish price-target updates from analysts. The company's AI-driven growth potential gained further traction on Friday following its announcement of a collaboration with Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) to produce a cutting-edge AI chip.
Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) also rallied, jumping more than 5%, pushing its post-election gains to 85%, buoyed by positive analyst sentiment. Wedbush Securities described Tesla as a &#8220;game-changer&#8221; in AI and autonomous advancements under Trump's administration, adding to the bullish outlook.
Among other indices, the Russell 2000 rose 1%, while the S&amp;P 500 edged up 0.4%. The Dow Jones Industrial Average, however, dipped 0.2%, weighed down by losses in the energy and healthcare sectors.
On the economic front, private-sector surveys showed a stronger-than-expected rebound in December activity. The services sector Purchasing Managers&#8217; Index (PMI) surged to 58.5, the highest reading since October 2021. Meanwhile, the Composite PMI climbed to 56.6, its best level since April 2022, as robust growth in services offset continued weakness in manufacturing.
Crypto-related assets gained fresh bullish momentum, driven by speculation about the U.S. government creating a Bitcoin Strategic Reserve fund. Meanwhile, MicroStrategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) will be added to the Nasdaq 100 Index on Dec. 23, further boosting sentiment.
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) reached $107,000, marking a year-to-date gain of 153%. MicroStrategy shares rose 5.8%, while other crypto-linked stocks, such as MARA Digital Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>), Riot Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIOT#NASDAQ">RIOT</a>), and Coinbase Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), surged 11.1%, 9.2%, and 4.5%, respectively.
<h3 class="wp-block-heading">Monday&#8217;s Performance In Major US Indices, ETFs</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices </td>
<td>Price</td>
<td>1-day %</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>22,043.82</td>
<td>1.2%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,369.39</td>
<td>1.0%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>6,076.94</td>
<td>0.4%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>43,750.42</td>
<td>-0.2%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 1:15 p.m. ET</figcaption></figure>
According to&nbsp;<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent121624&amp;t=be2bearmibe3na1">Benzinga Pro</a>&nbsp;data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) rose 0.5% to $607.34.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>)&nbsp;eased 0.2% to $438.86.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) rose 1.4% to $537.94.</li>
<li>The&nbsp;iShares Russell 2000 ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) rose 1% to $235.13.</li>
<li>The&nbsp;Consumer Discretionary Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLY#NYSE">XLY</a>) outperformed, up by 1.2%; the&nbsp;Energy Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>) lagged, down 1.8%.</li>
</ul>
<h3 class="wp-block-heading">Monday&#8217;s Stock Movers</h3>
<ul>
<li>Micron Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) rose 7.1%, reflecting bullish investor sentiment ahead of its earnings report on Wednesday after the close.</li>
<li>Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) rose by 4.7%, building up momentum after last week&#8217;s 8.7% surge following the announcement of the quantum computer launch. </li>
<li>Shares of of natural gas companies fell amid prospects for less colder weather in the upcoming weeks. New Fortress Energy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFE#NASDAQ">NFE</a>) led industry declines, down 7%. </li>
</ul>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/economics/macro-economic-events/24/12/42514008/fed-poised-to-cut-interest-rates-by-0-25-this-week-heres-why-your-focus-should-shift-to-other-signals">Fed Poised To Cut Interest Rates By 0.25% This Week: Here&#8217;s Why Your Focus Should Shift To Other Signals</a></li>
</ul>
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Broadcom, Tesla Propel Nasdaq 100 Gains, Bitcoin Hits $107,000, Fuels Crypto Stocks Rally: What's Driving Markets Monday?

WIIM

Major indexes are trading with mixed results. Several major companies in key sectors reported earnings this week which may be weighing on markets.

The U.S. stock market experienced subdued price action on Friday as investors adopted a cautious stance following disappointing inflation data earlier in the week and in anticipation of the Federal <a href="https://www.benzinga.com/economics/macro-economic-events/24/12/42489039/feds-december-meeting-could-crush-rate-cut-optimism-for-2025">Reserve&#8217;s Dec. 18 meeting.</a>
The tech-heavy Nasdaq 100 was the only major index to post gains, rising 0.4%. Yet, after briefly climbing to 21,900 points shortly after the market opened, tech stocks lost momentum and retreated by about 0.8%.
Other indices declined, with only a handful of sectors, such as utilities and healthcare, eking out marginal gains — highlighting a broader shift away from risk assets.
The market&#8217;s unease appears tied to diminished expectations for interest rate cuts in 2025, compounded by the possibility of hawkish commentary from Federal Reserve Chair Jerome Powell, particularly in light of the latest November&#8217;s inflation reports.
Treasury yields rose for the fifth day in a row, with the benchmark 10-year note climbing to 4.40%, its highest level in three weeks. 
The iShares 20+ Year Treasury Bond ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLT#NASDAQ">TLT</a>) dropped 0.9%, hitting a three-week low and marking its fifth consecutive daily decline. For the week, the TLT ETF has lost over 4%, on track for its worst performance since mid-October 2023.
Meanwhile, the U.S. dollar index (DXY) held steady, with the greenback strengthening against the yen for a fifth straight session. Gold prices slipped for the second consecutive day.
In the commodity markets, oil prices rose 1.7%, with West Texas Intermediate (WTI) crude reaching $71 per barrel.
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) gained 1.8%, climbing to $101,800 and nearly erasing all of Thursday&#8217;s losses.
<h1 class="wp-block-heading">Chart of The Day: Long-Dated Treasury Bonds Poised For For Worst Week Since October 2023</h1>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="475" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/13133945/image-119-1024x475.png" alt="" class="wp-image-692031" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/13133945/image-119-1024x475.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/13133945/image-119-300x139.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/13133945/image-119-768x356.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/13133945/image-119-1536x713.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/13133945/image-119.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
<h1 class="wp-block-heading">Friday&#8217;s Performance In Major U.S. Indices, ETFs</h1>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1-day % chg</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>21,704.65</td>
<td>0.4%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>6,044.56</td>
<td>-0.1 %</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>43,840.34</td>
<td>-0.2%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,341.11</td>
<td>-0.8%</td>
</tr>
</tbody>
</table>
</figure>
According to&nbsp;<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent121324&amp;t=be2bearmibe3na1">Benzinga Pro</a>&nbsp;data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) flattened at $604.33.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>)&nbsp;eased 0.1% to $439.83.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) inched 0.5% to $529.76.</li>
<li>The&nbsp;iShares Russell 2000 ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) fell 0.8% to $238.38.</li>
</ul>
<h1 class="wp-block-heading">Friday&#8217;s Stock Performers</h1>
<ul>
<li>Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) rallied 22% to record highs in reaction to a strong quarterly earnings report and upbeat guidance on AI growth in the upcoming years. The company&#8217;s market capitalization reached the $1 trillion milestone, making it the eighth-largest publicly traded stock.</li>
<li>Other stocks reacting to company earnings reports included RH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RH#NYSE">RH</a>), up 13.7% and Costco Wholesale Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COST#NASDAQ">COST</a>), up 0.7%,</li>
<li>Under Armour Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UAA#NYSE">UAA</a>) fell 4% as the company forecasted fiscal 2025 adjusted earnings per share of $0.24-$0.27, below analyst forecasts of $0.27.</li>
</ul>
Read Now:
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42488220/broadcom-hits-1-trillion-milestone-the-next-magnificent-tech-giant">Broadcom Hits $1 Trillion Milestone: The Next Magnificent Tech Giant?</a></li>
</ul>
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iShares Trust Barclays 20+ Year Treasury Bond Fund

Wall Street Retreats As Treasuries Suffer Worst Week In Over A Year, Broadcom Soars, Bitcoin Rebounds: What's Driving Markets Friday?

Risk sentiment soured on Thursday following hotter-than-expected producer inflation data, which dampened optimism for aggressive interest rate cuts in 2025. Adding to the uncertainty, an unexpected rise in jobless claims cast doubt on the resilience <a href="https://www.benzinga.com/economics/macro-economic-events/24/12/42467265/stocks-fall-as-producer-inflation-spikes-jobless-claims-jump-what-is-happening-here">of the U.S. labor market.</a>
Major U.S. stock indices were in the red during midday trading in New York. The Nasdaq 100 slipped 0.4%, retreating from its record highs reached in the previous session, while small caps underperformed as the iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) dropped 1%.
The Producer Price Index surged to 3% year-over-year in November, its highest level since February 2023, outpacing both forecasts and the upwardly revised 2.6% from October. On the labor front, weekly jobless claims rose by 17,000 to 242,000, exceeding consensus estimates of 220,000.
Treasury yields ticked higher, with the 10-year benchmark yield climbing 4 basis points to 4.31%, as investors placed greater emphasis on the robust inflation reading. However, expectations for a 25-basis-point rate cut at the upcoming Federal Reserve meeting remained intact, with Fed futures pricing in a 98% probability.
In currency markets, the U.S. Dollar Index, as measured by the Invesco DB USD Index Bullish Fund ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UUP#NYSE">UUP</a>), edged up 0.1%, while gold prices slid more than 1%.
Natural gas prices soared nearly 5%, reaching levels not seen since late October 2023, after a steep storage draw fueled buying momentum.
In cryptocurrencies, Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) traded modestly higher, up 0.3% to $101,500, while Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) gained 3.1%.
<h3 class="wp-block-heading">Thursday&#8217;s Performance In Major US Indices, ETFs</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1-day %chg</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>6,073.41</td>
<td>-0.2%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>44,020.82</td>
<td>-0.3%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>21,687.46</td>
<td>-0.4%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,371.79</td>
<td>-0.9%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 1:15 p.m. ET</figcaption></figure>
According to&nbsp;<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent121224&amp;t=be2bearmibe3na1">Benzinga Pro</a>&nbsp;data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) eased 0.1% to $606.65.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>)&nbsp;fell 0.2% to $441.69.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) edged 0.2% down to $528.71.</li>
<li>The&nbsp;iShares Russell 2000 ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) fell 0.9% to $235.90.</li>
<li>The&nbsp;Consumer Staples Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLP#NYSE">XLP</a>) outperformed, up by 0.5%; the&nbsp;Health Care Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLV#NYSE">XLV</a>) lagged, down 0.5%.</li>
</ul>
<h2 class="wp-block-heading">Thursday&#8217;s Stock Movers</h2>
<ul>
<li>Adobe Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) tumbled by over 12%, despite beating Street&#8217;s profit and revenue estimates last quarter, as the company lowered guidance for the first quarter of 2025. </li>
<li>Nordson Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDSN#NASDAQ">NDSN</a>) tumbled 9%, while Ciena Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CIEN#NYSE">CIEN</a>) rose 16% in reaction to earnings.</li>
<li>Major companies slated to report earnings after the close include Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) and Costco Wholesale Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COST#NASDAQ">COST</a>).</li>
</ul>
Read now: 
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42466189/trump-talks-stocks-bitcoin-ai-economy-with-jim-cramer-youre-going-to-see-some-very-good-days-ahead">Trump Talks Stocks, Bitcoin, AI, Economy With Jim Cramer: &#8216;You&#8217;re Going To See Some Very Good Days Ahead&#8217;</a></li>
</ul>
Photo: Shutterstock

Bonds

$ETH

ADBE

CIEN

NDSN

PowerShares DB US Dollar Index Bullish Fund

Stocks Slip On Hot Inflation Data, Adobe Tumbles, Natural Gas Hits 1-Year High: What's Driving Markets Thursday?

Major indexes are lower following worse-than-expected inflation data.

<a href="https://www.benzinga.com/economics/macro-economic-events/24/12/42436676/inflation-rises-as-expected-in-november-sustain-hopes-for-next-weeks-fed-interest-rate-cut">An inline November inflation report</a> unleashed a surge of bullish momentum across markets on Wednesday.
Traders priced in near-certainty of a 25-basis-point rate cut at next week's Federal Reserve meeting, fueling optimism for a<a href="https://www.benzinga.com/economics/macro-economic-events/24/12/42436676/inflation-rises-as-expected-in-november-sustain-hopes-for-next-weeks-fed-interest-rate-cut"> more accommodating monetary policy.</a>
The Consumer Price Index rose by 2.7% year-over-year in November, matching expectations. Core inflation — excluding volatile items such as energy and food — remained steady at 3.3%.
Tech stocks took center stage as the Nasdaq 100 rallied 1.7%, notching a fresh record high and logging its best session in over a month. The so-called &#8220;Magnificent Seven&#8221; mega-cap stocks were the driving force behind the gains.
The Roundhill Magnificent Seven ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAGS#NASDAQ">MAGS</a>) jumped 2.6%, its best performance since Nov. 6, eyeing its eighth positive session in the last nine trading days.
Six of the seven mega-cap tech giants hit record highs, with the group's combined market cap reaching a staggering $17.3 trillion. Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) was the sole exception among the elite names.
The S&amp;P 500 joined the rally, climbing 0.9% and nearing its all-time highs. Small-cap stocks added 0.7%, while the Dow Jones Industrial Average remained flat, lagging behind its peers.
Improving rate-cut expectations — fed futures now almost fully pricing in a 25-basis-point rate cut next week — supported gold, with the yellow metal rising 0.9% to 2,717 per ounce, heading for a fourth straight session of gains.
Bullish sentiment returned to the crypto market, with Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) rallying 4% to above $100,000 again, almost erasing losses from prior two sessions. 
Oil prices rose more than 2% on Wednesday, even as OPEC downgraded its global demand outlook for both 2023 and 2024.
<h3 class="wp-block-heading">Wednesday&#8217;s Performance In Major US Indices, ETFs</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1-day %chg</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>21,744.29</td>
<td>1.8%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>6,088.08</td>
<td>0.9%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,398.19</td>
<td>0.6%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>44,268.39</td>
<td>0.0%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 1:00 p.m. ET</figcaption></figure>
According to&nbsp;<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent120224&amp;t=be2bearmibe3na1">Benzinga Pro</a>&nbsp;data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) rose 0.9% to $608.33.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>)&nbsp;flattened at $444.28.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) rallied 1.8% to $529.86.</li>
<li>The&nbsp;iShares Russell 2000 ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) rose 0.9% to $238.38.</li>
<li>The&nbsp;Communication Services Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLC#NYSE">XLC</a>) and the Consumer Discretionary Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLC#NYSE">XLC</a>) outperformed, both rising 1.6%; the&nbsp;Health Care Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLV#NYSE">XLV</a>) lagged, down 1.1%.</li>
</ul>
<h3 class="wp-block-heading">Wednesday&#8217;s Stock Movers</h3>
<ul>
<li>Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) rallied 4.4% after the tech giant announced the launch of <a href="https://www.benzinga.com/media/24/11/42030331/heres-when-google-gemini-could-be-integrated-with-apple-intelligence">Gemini 2.0 AI model</a>.</li>
<li>Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) soared 5.7%, ahead of its earnings report slated for <a href="https://www.benzinga.com/24/12/42396941/broadcom-likely-for-upside-backed-by-ai-pipeline-market-recovery-vmware-synergy-as-key-ai-semiconductor-and-custom-chip-supplier">Thursday after market closes</a>.</li>
<li>Walgreens Boots Alliance Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBA#NASDAQ">WBA</a>) dropped 6.5% after surging 17% on Tuesday, following <a href="https://www.benzinga.com/24/12/42431136/walgreens-stock-pulls-back-326-in-pre-market-trading-as-wall-street-veterans-debate-private-equity-deal-value-amid-sycamore-partners-takeover-talks">reports of a $7.5 billion sale</a> negotiation with Sycamore Partners.</li>
<li>Gamestop Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) rallied over 9% in <a href="https://www.benzinga.com/general/gaming/24/12/42425015/gamestop-q3-earnings-revenue-miss-4b-cash-no-more-offerings-planned-in-fiscal-year">reaction to earnings report</a>.</li>
<li>Adobe Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) rose 0.4% in anticipation of its quarterly results, set to be released after market close.</li>
</ul>
Now Read: 
<ul>
<li><a href="https://www.benzinga.com/news/legal/24/12/42444266/nvidia-loses-supreme-court-appeal-faces-continued-legal-battle-over-cryptocurrency-disclosure">Nvidia Loses Supreme Court Appeal, Faces Continued Legal Battle Over Cryptocurrency Disclosure</a></li>
</ul>
Image: Shutterstock

MAGS

XLRE

Nasdaq 100 Rallies To Record Highs, Magnificent 7 Market Cap Tops $17 Trillion, Bitcoin Soars To $100,000: What's Driving Markets Wednesday?

The U.S. stock market lacked direction on Tuesday morning as investors stayed on the sidelines ahead of Wednesday&#8217;s release of November inflation data, a critical report that could influence the Federal Reserve&#8217;s decision on a potential interest <a href="https://www.benzinga.com/topic/interest-rates">rate cut next week.</a>
Large-cap indices hovered near unchanged levels, while small caps slightly outperformed, with the Russell 2000 up 0.3%. 
Notable strength was seen in discretionary and communication services, buoyed by impressive gains in Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) and Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>).
Tesla shares surged 4.7%, bringing the electric vehicle maker within striking distance of its all-time high set in November 2021. Alphabet Inc. rallied 4.9% after the tech giant announced the launch of its Willow quantum chip, which boasts an impressive 105 qubits. 
While some major tech names rallied, the broader tech sector faced headwinds, particularly semiconductors, which were weighed down by weaker-than-expected earnings, disappointing Chinese trade data and lingering concerns over U.S. trade restrictions and tariffs.
The broader iShares Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOXX#NASDAQ">SOXX</a>) fell 2.1%, eyeing its worst day since mid November. 
The cryptocurrency market took a negative turn, with Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) falling 2.8% to trade below $95,000. This followed a 3.7% decline on Monday, signaling mounting pressure in the digital asset space. 
Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) plummeted 3.7% after a 7.3% drop on Monday. 
Commodities broadly gained. Gold prices rallied 1.3% as investors sought safe-haven assets, while crude oil gained 0.9%. 
<h3 class="wp-block-heading">Tuesday&#8217;s Performance In Major US Indices, ETFs</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1-day %chg</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,399.04</td>
<td>0.3%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>21,431.79</td>
<td>0.0%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>6,049.48</td>
<td>-0.1 %</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>44,366.30</td>
<td>-0.1%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 1:20 p.m. ET</figcaption></figure>
According to&nbsp;<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent120224&amp;t=be2bearmibe3na1">Benzinga Pro</a>&nbsp;data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) flattened at $604.29.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>)&nbsp;held steady at $444.91.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) inched 0.1% lower to $522.16.</li>
<li>The&nbsp;iShares Russell 2000 ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) rose 0.3% to $238.38.</li>
<li>The&nbsp;Communication Services Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLC#NYSE">XLC</a>) outperformed, rising 1.6%; the&nbsp;Real Estate Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLRE#NYSE">XLRE</a>) lagged, down 1.3%.</li>
</ul>
<h3 class="wp-block-heading">Tuesday&#8217;s Stock Movers</h3>
<ul>
<li>Boeing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) saw its stock rise 5.6% after resuming 737 MAX production with 33,000 workers and plans to build 38 planes monthly to fulfill over 4,200 orders. </li>
<li>Oracle Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) fell nearly 8% after slightly missing Street&#8217;s earnings and revenue estimates last quarter. </li>
<li>Other stocks reacting to earnings reports included MongoDB Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDB#NASDAQ">MDB</a>), down over 15%, Toll Brothers Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TOL#NYSE">TOL</a>), down 6%, AutoZone Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZO#NYSE">AZO</a>), up 1.9% and Ferguson Enterprises Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FERG#NYSE">FERG</a>), down 9%. </li>
<li>Gamestop Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) was 1.7% lower before its third-quarter earnings report, which is scheduled for after the close.</li>
<li>Walgreens Boots Alliance Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBA#NASDAQ">WBA</a>) is negotiating a $7.5 billion sale to Sycamore Partners, sending shares up 27% to $11.20.</li>
</ul>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/economics/macro-economic-events/24/12/42416922/us-small-business-optimism-soars-to-highest-level-in-over-three-years-election-results-signal-a-major-shift">US Small Business Optimism Hits 3-Year High As Election Results &#8216;Signal A Major Shift&#8217;</a></li>
</ul>
Image created using artificial intelligence via Midjourney.

Asia

Global

FERG

ORCL

Wall Street Struggles For Direction, Tesla Flirts With Record Highs, Bitcoin Tumbles Below $95,000: What's Driving Markets Tuesday?

Major indexes are lower. Nvidia is down after a Chinese regulator reportedly said it was investigating the chipmaker over a possible breach of the country's antitrust regulations.

The S&amp;P 500 and the Nasdaq 100 are set to log their <a href="https://www.benzinga.com/markets">third consecutive week of gains</a>. 
The Nasdaq 100, in particular, is tracking its strongest weekly performance in a month, underscoring investor enthusiasm for tech stocks and the growing likelihood <a href="https://www.benzinga.com/topic/interest-rates">of lower interest rates.</a>
Meanwhile, the Dow Jones Industrial Average is on course to finish the week in negative territory, highlighting a divergence in performance among major U.S. indices.
Shares of Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) surged 3% on Wednesday, extending their weekly gain to over 9%, marking the stock's best week since late January. The rally followed a U.S. appeals court decision upholding the Jan. 19 deadline for TikTok's parent company, ByteDance, to divest the app over national security and data privacy concerns. TikTok's appeal was rejected, leaving the U.S. Supreme Court as its final recourse.
The consumer discretionary sector emerged as Friday's best performer, fueled by further gains in Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) and Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>).
In macro news, November nonfarm payrolls rose by 227,000, beating consensus estimates, while the unemployment rate edged higher to 4.2%, as expected. Wage growth slightly outpaced forecasts, signaling <a href="https://www.benzinga.com/economics/macro-economic-events/24/12/42363278/us-economy-adds-227000-jobs-in-november-wage-growth-accelerates">resilience in the labor market.</a>
Meanwhile, the University of Michigan&#8217;s consumer sentiment index climbed to its most optimistic level since April but hinted at growing concerns about near-term inflation, reflecting a mixed <a href="https://www.benzinga.com/news/econ-s/24/12/42366245/consumer-sentiment-hits-7-month-high-but-inflation-fears-divide-democrats-republicans">sentiment among U.S. consumers.</a>
The U.S. dollar gained traction, with the dollar index rising 0.3% despite market participants raised expectations of an interest rate cut at the Federal Reserve's Dec. 18 meeting. Treasury yields eased, reflecting bolstered expectations of policy easing.
Chicago Fed President Austan Goolsbee hinted at upcoming Federal Reserve meetings being "close calls" between cutting rates or holding steady, keeping traders on edge.
Commodities saw muted moves on Friday. Gold prices were flat, consolidating near recent levels, while crude oil slid 1.2%. 
The cryptocurrency market lit up on Friday, driven by significant gains in major digital assets. Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>), for example, surged over 4%, breaching the $101,500 level at last check Friday. 
Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) rallied 6%, reflecting robust investor appetite across the sector.
<h3 class="wp-block-heading">Friday&#8217;s Performance In Major US Indices, ETFs</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1-day %chg</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>21,600.05</td>
<td>0.8%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,405.74</td>
<td>0.4%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>6,089.46</td>
<td>0.2%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>44,674.60</td>
<td>-0.2%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 1:15 p.m. ET</figcaption></figure>
According to&nbsp;<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent120224&amp;t=be2bearmibe3na1">Benzinga Pro</a>&nbsp;data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) inched 0.3% up to $608.20.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>)&nbsp;eased 0.2% to $447.87.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) rose 0.9% to $526.50.</li>
<li>The&nbsp;iShares Russell 2000 ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) rose 0.4% to $239.03.</li>
<li>The&nbsp;Consumer Discretionary Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLY#NYSE">XLY</a>) outperformed, rising 1.3%; the&nbsp;Energy Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLU#NYSE">XLU</a>) lagged, down 1.3%.</li>
</ul>
<h3 class="wp-block-heading">Friday&#8217;s Stock Movers</h3>
<ul>
<li>Lululemon Athletica Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LULU#NASDAQ">LULU</a>) skyrocketed by about 18% in reaction to company&#8217;s quarterly results. </li>
<li>Other stocks reacting to earnings reports included Hewlett Packard Enterprise Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPE#NYSE">HPE</a>), up 10%, DocuSign Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DOCU#NASDAQ">DOCU</a>), up 27%, Ulta Beauty Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>), up 10%, Veeva Systems Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VEEV#NYSE">VEEV</a>) up 8% and Samsara Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IOT#NYSE">IOT</a>), down over 5%. </li>
<li>UnitedHealth Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNH#NYSE">UNH</a>) fell 4.4%, continuing to slid after Brian Thomson&#8217;s death and marking the Dow&#8217;s worst performer on Friday. </li>
</ul>
Now Read:
<ul>
<li><a href="https://www.benzinga.com/24/12/42369266/meta-reddit-stocks-climb-record-highs-as-tiktoks-battle-against-us-ban-continues-after-court-ruling">TikTok Loses Court Appeal Against Ban, Meta, Reddit Stocks Hit All-Time High</a></li>
</ul>
Image: Shutterstock

Social Media

AMZN

DOCU

LULU

ULTA

VEEV

Tech Stocks Rise; Meta Rallies As Court Upholds Tiktok Ban; Bitcoin Roars Above $101,000: What's Driving Markets Friday?

Wall Street experienced subdued trading on Thursday morning, with major indices remaining near the flatline as investors awaited further confirmation of potential interest rate cuts from the <a href="https://www.benzinga.com/economics/macro-economic-events/24/12/42346164/november-jobs-report-preview-will-it-seal-the-deal-for-a-fed-interest-rate-cut">upcoming November jobs report.</a>
The S&amp;P 500 and Nasdaq 100 edged up by 0.1%, extending their record-high levels, while the Dow Jones Industrial Average slipped 0.3%. Small-cap stocks underperformed, with the Russell 2000 declining 0.8%.
Airline stocks emerged as a standout industry, buoyed by American Airlines Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>), which surged by a staggering 16% after the company raised its quarterly growth forecast on robust travel demand. 
Shares of United Airlines Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>) gained 5%, while Delta Air Lines Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>) climbed 4.3%. The broader sector, tracked by the U.S. Global Jets ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JETS#NYSE">JETS</a>), advanced 4%, reaching levels unseen since June 2021.
Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) added more than 3%, touching highs last seen in March 2022 after Bank of America raised its 12-month price target on the stock from $350 to $400, <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42344440/teslas-path-to-400-bank-of-america-highlights-ev-ai-growth">citing improving growth prospects.</a>
The U.S. dollar softened by 0.4%, while Treasury yields held steady, with little movement across the curve.
Gold dropped 0.9%, while copper and silver retreated 0.4% and 0.7%, respectively, reflecting broader weakness in metals.
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) was up 2.4% to trade around $101,000. The leading cryptocurrency briefly touched $103,650 by 10:00 a.m. ET before retreating slightly amid high volatility.
<h3 class="wp-block-heading">Thursday&#8217;s Performance In Major US Indices, ETFs</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1-day %chg</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>6,090.78</td>
<td>0.1%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>21,497.32</td>
<td>0.1%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>44,829.20</td>
<td>-0.4%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,407.36</td>
<td>-0.8%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 12:45 p.m. ET</figcaption></figure>
According to&nbsp;<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent120224&amp;t=be2bearmibe3na1">Benzinga Pro</a>&nbsp;data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) inched 0.1% up to $608.06.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>)&nbsp;eased 0.3% to $449.43.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) inched 0.1% up to $523.76.</li>
<li>The&nbsp;iShares Russell 2000 ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) fell 0.8% to $239.12.</li>
<li>The&nbsp;Consumer Discretionary Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLY#NYSE">XLY</a>) outperformed, rising 1%; the&nbsp;Materials Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLB#NYSE">XLB</a>) lagged, down 1.5%.</li>
</ul>
<h3 class="wp-block-heading">Thursday&#8217;s Stock Movers</h3>
<ul>
<li>Synopsys Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNPS#NASDAQ">SNPS</a>) fell over 11% in reaction to the company&#8217;s latest earnings report. </li>
<li>Other stocks reacting to earnings included SentinelOne Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/S#NYSE">S</a>), down 10.3%, PVH Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PVH#NYSE">PVH</a>), down 0.7%, Five Below Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIVE#NASDAQ">FIVE</a>), up 12%, Kroeger Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KR#NYSE">KR</a>), up 1.3%, and Dollar General Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DG#NYSE">DG</a>), down 3%. </li>
<li>Companies slated to report their earnings after the close are DocuSign Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DOCU#NASDAQ">DOCU</a>), Ulta Beauty Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>), Lululemon Athletica Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LULU#NASDAQ">LULU</a>), Veeva Systems Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VEEV#NYSE">VEEV</a>), Samsara Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IOT#NYSE">IOT</a>), and Hewlett Packard Enterprise Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPE#NYSE">HPE</a>). </li>
</ul>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42336184/exclusive-bitcoin-crossing-100000-is-a-defining-moment-experts-say">EXCLUSIVE: Bitcoin Crossing $100,000 Is A &#8216;Defining Moment,&#8217; Experts Say</a></li>
</ul>
Photo: Shutterstock

FIVE

JETS

SNPS

TSX:XL

US Stocks Hold Steady, Travel Demand Fuels Airlines, Tesla Reaches 32-Month Highs: What's Driving Markets Thursday?

Market Summary

General

Benzinga Market Summary: Dow Closes Above 45K, Five Below Rises On Earnings, Bitcoin Rises

Wall Street extended its rally on Wednesday, driven by robust gains in technology stocks, as investor optimism around AI-fueled <a href="https://www.benzinga.com/markets">growth continued to strengthen.</a>
The Nasdaq 100 climbed 0.9%, pushing further into record territory following Tuesday&#8217;s highs. The S&amp;P 500 advanced 0.4%, hitting 6,077—a fresh record-high milestone—eyeing its twelfth gain in thirteen sessions.
Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) advanced over 2% by midday, breaking all-time highs previously set in November. The e-commerce giant&#8217;s gains were bolstered by strong early holiday sales and optimism stemming from the AWS annual conference, where AI <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42321567/amazon-hits-all-time-highs-eyes-best-2-year-rally-since-2010-cyber-season-marks-record-sales-aws-shines-with-ai-innovations">advancements took center stage.</a>
Fresh economic data offered a mixed narrative. The ISM services index showed a slower-than-expected growth in November, while ADP reported private payroll growth of 146,000 for the month, slightly under the <a href="https://www.benzinga.com/economics/macro-economic-events/24/12/42314234/private-employers-add-fewer-than-predicted-jobs-in-november-manufacturing-was-the-weakest-weve-seen-since-spring">consensus estimate of 150,000.</a>
St. Louis Federal Reserve President Alberto Musalem struck a cautious tone on monetary policy, suggesting a potential slowdown or pause in the pace of interest rate cuts <a href="https://www.benzinga.com/news/econ-s/24/12/42316647/interest-rate-cut-in-december-st-louis-feds-musalem-urges-patient-approach-in-last-mile-to-2">might soon be warranted.</a>
The dollar weakened after the ISM report, while U.S. Treasury yields erased earlier gains and remained steady by midday.
In commodities, gold added 0.3%, while natural gas and crude oil prices declined 2.6% and 1%, respectively.
Meanwhile, the cryptocurrency market struggled to keep up with the broader risk-on mood. Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) slipped 0.2%, trading just above $95,000
<h2 class="wp-block-heading">Wednesday&#8217;s Performance In Major US Indices, ETFs</h2>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>Chg</td>
<td>%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>21,428.69</td>
<td>+199.37</td>
<td>0.9%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>6,073.20</td>
<td>+23.32</td>
<td>0.4%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>44,864.46</td>
<td>+158.93</td>
<td>0.4%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,422.11</td>
<td>+5.76</td>
<td>0.2%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 12:50 p.m. ET</figcaption></figure>
According to&nbsp;<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent120224&amp;t=be2bearmibe3na1">Benzinga Pro</a>&nbsp;data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) rose 0.4% to $606.41.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>)&nbsp;rose 0.4% to $449.79.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) rallied 1% to $521.87.</li>
<li>The&nbsp;iShares Russell 2000 ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) rose 0.3% to $240.68.</li>
<li>The&nbsp;Technology Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>) outperformed, rising 1.6%; the&nbsp;Energy Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>) lagged, down 2.4%.</li>
</ul>
<h2 class="wp-block-heading">Wednesday&#8217;s Stock Movers</h2>
<ul>
<li>Salesforce Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>) rose over 7% in reaction to its quarterly results, which delivered slightly lower-than-expected earnings. </li>
<li>Other stocks reacting to earnings included Pure Storage Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSTG#NYSE">PSTG</a>) up 24%, Okta Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OKTA#NASDAQ">OKTA</a>) up 4.8%, The Campbells Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CPB#NASDAQ">CPB</a>) down 6%, Dollar Tree Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DLTR#NASDAQ">DLTR</a>) up 2.4%, and Chewy Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHWY#NYSE">CHWY</a>) down 3.8%.</li>
<li>Companies slated to report their earnings after the close are Synopsys Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNPS#NASDAQ">SNPS</a>), SentinelOne Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/S#NYSE">S</a>), PVH Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PVH#NYSE">PVH</a>) and Five Below Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIVE#NASDAQ">FIVE</a>). </li>
</ul>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42319796/tesla-analyst-lowers-q4-delivery-estimate-says-2-dynamics-will-determine-ev-stocks-valuation">Tesla Analyst Lowers Q4 Delivery Estimate, Says 2 Dynamics Will Determine EV Stock&#8217;s Valuation</a></li>
</ul>
Image created using artificial intelligence via Midjourney.

Earnings

CHWY

DLTR

OKTA

PSTG

Tech Stocks Extend Record Highs On AI Optimism, Marvell Rockets, Bitcoin Hovers Near $95,000: What's Driving Markets Wednesday?

Major indexes are higher amid strength in Salesforce and Pure Storage, which gained following their respective quarterly earnings reports.

The U.S. services sector experienced an unexpected slowdown in its growth momentum last month as respondents expressed caution regarding the economic impact of recent <a href="https://www.benzinga.com/news/econ-s">elections and impending tariffs.</a>
The Services Purchasing Managers Index released Wednesday fell to 52.1% in November, down from a two-year peak of 56% in October, missing expectations of a slower deceleration to 55.5%, according to data from the Institute for Supply Management. 
&#8220;The decrease in the Services PMI&nbsp;in November was driven by decreases in each of the four directly impacting subindexes – Business Activity, New Orders, Employment and Supplier Deliveries,&#8221; stated Steve Miller, chair of the ISM Services Business Survey Committee.
<h3 class="wp-block-heading">November ISM Services PMI: Key Highlights</h3>
<ul>
<li>The broader ISM Services PMI index recorded its fifth straight month of expansionary conditions in November, albeit at a slower speed compared to October. The survey results reinforce the view that the services sector &#8220;has returned to sustained growth,&#8221; Miller said. </li>
<li>The subindex for Business Activity eased from 57.2% in October to 53.7% in November.</li>
<li>The subindex for New Orders eased from 57.4% to 53.7%.</li>
<li>The subindex for Prices inched up from to 58.1% to 58.2%. </li>
<li>The subindex for Employment fell from 53% to 51.5%.</li>
</ul>
 &#8220;Generally, respondents' comments were neutral to positive, and both positive and negative impacts were attributed to seasonality,&#8221; Miller said. 
&#8220;Election ramifications and tariffs were mentioned often, with cautionary outlooks related to the potential impact on respondents' specific industries,&#8221; he added. 
<h3 class="wp-block-heading">Market Reactions</h3>
The U.S. dollar index (DXY) — as tracked by the Invesco DB USD Index Bullish Fund ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UUP#NYSE">UUP</a>) — fell in the aftermath of the ISM report and erased session gains.
Treasury yields also reversed their trend and flattened across the curve, with the 10-year yield returning to 4.23%, down from 4.27% hit earlier in the day. 
Stocks maintained modest early morning gains, with the S&amp;P 500 — tracked by the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) — up by 0.2%.
Blue chips, as monitored through the SPDR Dow Jones Industrial Average ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>), also inched up by 0.2%. The tech-heavy Nasdaq 100, tracked by the Invesco QQQ Trust, Series 1 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), rose 0.6%.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/econ-s/24/12/42316647/interest-rate-cut-in-december-st-louis-feds-musalem-urges-patient-approach-in-last-mile-to-2">Interest Rate Cut In December? St. Louis Fed&#8217;s Musalem Urges &#8216;Patient Approach&#8217; In &#8216;Last Mile&#8217; To 2%</a></li>
</ul>
Photo via Shutterstock.

Markets

US Services Sector Growth Cools More Than Expected In November As Businesses Show 'Cautionary Outlooks' On Tariffs

Walmart Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>) shares are trading around their all-time high of $93.59 Wednesday morning on continued momentum after the company reported <a href="https://www.benzinga.com/24/11/42060801/walmart-tops-q3-estimates-ecommerce-growth-shines-with-27-lifts-full-year-forecast">strong third-quarter results</a> in November and an improved FY25 outlook. The stock is trading higher by some 13% over the trailing month.
The retail giant reported adjusted EPS of 58 cents, exceeding Wall Street&#8217;s 53 cent consensus. Revenue reached $169.59 billion, a 5.5% year-over-year increase (6.2% at constant currency), beating expectations of $167.72 billion.
What To Know: The company's gross margin improved by 21 basis points, driven by stronger Walmart U.S. operations, increased membership income, and reduced eCommerce losses. Among highlights, eCommerce sales soared 27% globally, fueled by store pickup, delivery and marketplace growth.
U.S. same-store sales rose 5.3%, excluding fuel, with broad-based growth across physical and digital channels. Sam's Club recorded a 7% increase, led by food and health and wellness categories.
CEO Doug McMillon highlighted robust growth in-store, in pickup, and in delivery, emphasizing Walmart's value and convenience appeal. Cash flow remained strong at $22.9 billion for the nine months ending October 31.
Walmart raised FY25 adjusted EPS guidance to $2.42–$2.47 and boosted sales growth expectations to 4.8%–5.1%, up from prior forecasts, signaling continued momentum.
Read Also: <a href="https://www.benzinga.com/economics/macro-economic-events/24/12/42314234/private-employers-add-fewer-than-predicted-jobs-in-november-manufacturing-was-the-weakest-weve-seen-since-spring">Private Employers Add Fewer November Jobs Than Expected: &#8216;Manufacturing Was The Weakest We&#8217;ve Seen Since Spring&#8217;</a>
Investors can gain exposure to WMT by investing in the SPDR Dow Jones Industrial Average ETF Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NASDAQ">DIA</a>) and the SPDR S&amp;P 500 ETF Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NASDAQ">SPY</a>).
<h2 class="wp-block-heading">How To Buy WMT Stock</h2>
Besides going to a brokerage platform to purchase a share &#8211; or fractional share &#8211; of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument. 
For example, in Walmart&#8217;s case, it is in the Consumer Staples sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.
According to data from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>, WMT has a 52-week high of $93.59 and a 52-week low of $49.85.

News

Walmart Stock Is Up 13% Over The Past Month: What's Going On?

U.S. stocks paused for a breather Tuesday, with major equity indices hovering near the flatline as investors digested global developments, including China&#8217;s ban on key raw material exports to the U.S. and South Korea&#8217;s political turmoil following the president&#8217;s <a href="https://www.benzinga.com/news/global/24/12/42292488/south-korean-etfs-slide-on-presidents-emergency-martial-law-declaration-protect-the-constitutional-democratic-order">announcement of martial law</a>.
Korean-linked exchange traded funds such as the iShares MSCI South Korea ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EWY#NYSE">EWY</a>) fell by 2.7%, recovering some ground from sharper morning losses. 
By midday trading in New York, large-cap stocks remained mostly unchanged, while small-cap stocks underperformed, posting notable losses.
Sectors traded within narrow ranges, with energy and communication services showing slight outperformance.
Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) stood out, as its shares climbed by 2.1%, setting fresh all-time highs. 
In economic news, U.S. job openings rose to 7.744 million in October, exceeding expectations of 7.48 million and improving from September&#8217;s 7.372 million reading. The data signals ongoing resilience in the labor market, ahead of the highly awaited November jobs report scheduled for Friday.
The U.S. Dollar Index (DXY) edged down 0.2%, reversing part of Monday&#8217;s 0.6% rally. Meanwhile, Treasury yields showed little movement, with the 10-year yield inching up 1 basis point to 4.20%.
Precious metals saw modest gains, with gold rising 0.3% and silver advancing 1.7%.
Oil prices surged 2% after OPEC+ confirmed an extension of production cuts. Additionally, the U.S. imposed sanctions on 35 entities and vessels linked to illicit Iranian oil shipments, further supporting crude prices.
In the cryptocurrency market, sentiment remained subdued. Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) traded steadily around $95,900, while Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) and Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) fell by 1.9% and 4.3%, respectively.
<h1 class="wp-block-heading">Tuesday&#8217;s Performance In Major U.S. Indices, ETFs</h1>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>Chg. %</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>21,185.87</td>
<td>0.1 %</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>6,048.77</td>
<td>0.0%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>44,747.11</td>
<td>-0.1%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,421.44</td>
<td>-0.5%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 1:00 p.m. ET</figcaption></figure>
According to&nbsp;<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent120224&amp;t=be2bearmibe3na1">Benzinga Pro</a>&nbsp;data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) flattened at $603.70.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>)&nbsp;held steady at $448.42.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) inched 0.1% up to $515.96.</li>
<li>The&nbsp;iShares Russell 2000 ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) eased 0.5% to $240.62.</li>
<li>The&nbsp;Communication Services Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLC#NYSE">XLC</a>) outperformed, rising 0.5%; the&nbsp;Industrial Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLI#NYSE">XLI</a>) lagged, down 0.6%.</li>
</ul>
<h1 class="wp-block-heading">Monday&#8217;s Stock Movers</h1>
<ul>
<li>Intel Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) dropped 5% in reaction to the<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42275410/intel-ceo-pat-gelsinger-forced-out-by-board-analysts-cheer-potential-strategy-shift-this-move-opens-the-door"> surprising resignation of CEO Pat Gelsinger</a>.</li>
<li>AT&amp;T Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/T#NYSE">T</a>) surged nearly 4% after the company projected over $50 billion in free cash flow over the next three years and committed to returning at least $40 billion to shareholders through dividends and stock buybacks.</li>
<li>FedEx Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>) fell by 3.8%, following a <a href="https://www.benzinga.com/24/12/42294866/this-fedex-analyst-is-no-longer-bullish-here-are-top-5-downgrades-for-tuesday">series of analyst downgrades. </a></li>
<li>United States Steel Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/X#NYSE">X</a>) plummeted by 8% in reaction to Chinese export restrictions.</li>
<li>Core &amp; Main Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNM#NYSE">CNM</a>) rallied 15% in reaction to stronger-than-expected quarterly earnings. </li>
</ul>
Read Now:
<ul>
<li><a href="https://www.benzinga.com/economics/macro-economic-events/24/12/42297318/american-exceptionalism-trade-gains-steam-as-dollar-sp-500-surge-in-lockstep-bank-of-america">&#8216;American Exceptionalism Trade&#8217; Gains Steam As Dollar, S&amp;P 500 Surge In Lockstep: Bank Of America</a></li>
</ul>
Photo: Shutterstock

Emerging Markets

$DOGE

INTC

US Stocks Pause, South Korea ETFs Fall On Political Turmoil, Oil Prices Rise Above $70: What's Driving Markets Tuesday?

Wall Street started the week and the final month of the year on a mixed note, as a tech-driven rally clashed with broader market weakness. Mega-cap tech stocks and semiconductors led gains, driving the Nasdaq 100 to retest its all-time high of 21,180 points, last reached <a href="https://www.benzinga.com/topic/tech-stocks">on Nov. 11, 2024.</a>
Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) climbed 1% on Monday, extending its rally to fresh all-time highs as investors bet on strong holiday-season sales for the Cupertino-based tech giant.
However, outside of growth sectors, the market showed weakness. All sectors except tech, communication services and consumer discretionary fell Monday, signaling uneven market performance.
The ISM Manufacturing PMI beat expectations but remained in contraction territory for the eighth consecutive month, reflecting a<a href="https://www.benzinga.com/24/12/42270045/us-manufacturing-output-tops-forecasts-in-november-is-the-sectors-crisis-over"> still-challenging industrial sentiment.</a>
The U.S. dollar surged 0.8%, driven by a weakening euro amid rising fiscal and political risks in France. Meanwhile, gold prices slipped 0.6% to close the day at $2,635 per ounce, and crude oil held steady near $68 per barrel.
In the crypto space, Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) fell 2.1% to trade around $95,000, retreating from its recent highs as traders locked in profits.
<h1 class="wp-block-heading">Monday&#8217;s Performance In Major U.S. Indices, ETFs</h1>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>Chg %</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>21,164.54</td>
<td>1.1%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>6,045.89</td>
<td>0.2%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,428.76</td>
<td>-0.2%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>44,773.43</td>
<td>-0.4%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 1:11 p.m. ET</figcaption></figure>
According to&nbsp;<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent120224&amp;t=be2bearmibe3na1">Benzinga Pro</a>&nbsp;data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) rose 0.2% to $603.55.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>)&nbsp;fell 0.4% to $448.52.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) rallied 1.1% to $515.49.</li>
<li>The&nbsp;iShares Russell 2000 ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) eased 0.2% to $241.45.</li>
<li>The&nbsp;Technology Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>) outperformed, rising 1.1%; the&nbsp;Utilities Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLU#NYSE">XLU</a>) lagged, down 1.8%.</li>
</ul>
<h1 class="wp-block-heading">Monday&#8217;s Stock Movers</h1>
<ul>
<li>Stellantis NV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STLA#NYSE">STLA</a>) tumbled by nearly 7% in reaction<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42273230/stellantis-market-value-halves-in-2024-why-ceo-tavares-exit-could-take-things-from-bad-to-worse"> to the resignation of its former CEO Carlos Tavares</a>. </li>
<li>Intel Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NYSE">INTC</a>) climbed 3% after CEO Pat Gelsinger was ousted less than four years into <a href="https://www.benzinga.com/24/12/42267115/intel-stock-is-moving-higher-monday-whats-going-on">his tenure at the helm of the company.</a></li>
<li>Roku (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROKU#NASDAQ">ROKU</a>) jumped 7% on Monday, fueled by strong retail momentum during Black Friday 2024. The company&#8217;s branded TVs gained significant visibility at major retailers like Best Buy, Target and Walmart.</li>
</ul>
Read Now:
<ul>
<li><a href="https://www.benzinga.com/24/12/42269611/dollar-enters-its-most-bearish-month-of-the-year-could-december-2024-be-any-different">Dollar Enters Its Most Bearish Month Of The Year: Could December 2024 Be Any Different?</a></li>
</ul>
Photo: Shutterstock

Management

ROKU

STLA

Tech Stocks Rise, Apple Tops Record Highs, Dollar Surges, Bitcoin Falls To $95,000: What's Driving Markets Monday?

Risk-on sentiment gained momentum on Wall Street after the Thanksgiving holiday, fueled by investor optimism over fourth-quarter profit forecasts for U.S. corporations, lifting both the S&amp;P 500 and Dow Jones <a href="https://www.benzinga.com/markets">to fresh record highs.</a>
The S&amp;P 500 broke past the 6,040-point mark on Friday and closed at 6,032, extending its year-to-date gains to an impressive 27%. If the year ended on Friday, the broader U.S. stock market would have surged by a staggering 57% over the last two years, representing the strongest such rally since 1998. 
The Dow Jones also hit a record-high milestone, surging above the 45,000 level and bringing its year-to-date gains to 19%.
Technology stocks outperformed, with the Nasdaq 100 rising 1% on the day, buoyed by gains in the Magnificent Seven mega caps and semiconductor stocks.
Small caps stocks posted more modest gains, as the Russell 2000 index edged up 0.4%.
In the currency market, the U.S. dollar snapped its eight-week winning streak, pressured by a drop against the Japanese yen amid speculation of a possible Bank of Japan interest rate hike.
In the bond market, Treasury yields edged lower by about 5 basis points, with the 10-year yield approaching 4.2%, a level not seen since late October. The iShares 20+ Year Treasury Bond ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLT#NASDAQ">TLT</a>) rallied 1%, reaching over one-month highs.
Commodities also saw a positive price action. Gold rose 0.8%, marking its fourth consecutive session of gains, and silver jumped 1.4%. Natural gas prices spiked 4.9%, ending the month with a 24% surge. The underperformer was crude, which eased 0.2%.
In cryptocurrency markets, Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) rebounded 1.6%, climbing above $97,000 and signaling resilience for the digital asset universe amid broader market enthusiasm.
<h3 class="wp-block-heading">Friday&#8217;s Performance In Major US Indices, ETFs</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>Chg (%)</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>20,930</td>
<td>+0.9%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>6,032</td>
<td>+0.6%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>44,910</td>
<td>+0.4%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,434</td>
<td colspan="2">+0.3%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 1 p.m. ET</figcaption></figure>
According to&nbsp;<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent112524&amp;t=be2bearmibe3na1">Benzinga Pro</a>&nbsp;data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) edged 0.6% higher to $509.61.</li>
<li>The SPDR Dow Jones Industrial Average (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) rose 0.5% to $450.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) rallied 0.9% to $509.61.</li>
<li>The&nbsp;iShares Russell 2000 ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) rose 0.5% to $242.10.</li>
<li>The&nbsp;Technology Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>) outperformed, rising 0.9%. The&nbsp;Real Estate Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLRE#NYSE">XLRE</a>) lagged, down 0.5%.</li>
</ul>
Friday&#8217;s Stock Movers
<ul>
<li>Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) rose by 1.1% to $273.62 per share, hitting a fresh record high.</li>
<li>U.S.-listed shares of Brazilian companies sold off heavily as investors were disappointed by the latest fiscal reform from the Lula government. Shares of Nu Holdings Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NU#NASDAQ">NU</a>), StoneCo Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STNE#NASDAQ">STNE</a>) and XP Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XP#NASDAQ">XP</a>) tumbled by 7.2%, 9.1% and 9.2%, respectively. </li>
<li>Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) jumped 4% after Wedbush projected the EV giant could tap into $1 trillion in AI and self-driving opportunities, with fewer regulatory hurdles potentially lifting its valuation to $1.5-$2 trillion.</li>
</ul>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/economics/macro-economic-events/24/11/42247850/gm-other-us-automakers-brace-for-sharp-profit-squeeze-from-trump-tariffs-analysts-warn">GM, Other US Automakers Face Sharp Profit Squeeze From Trump Tariffs, Analysts Warn</a></li>
</ul>
Photo via Shutterstock.

Forex

Movers

STNE

S&P 500, Dow Rally To Record Highs, Dollar Snaps 8-Week Streak, Bitcoin Soars Above $97,000: What's Driving Markets Friday?

Major indexes are higher. Chips stocks have gained today amid reports of softer China sanctions.

In this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Monday, December 16.

Financial Markets Report For Monday, Dec 16

Explainer: More records for Nasdaq as Dow struggles with losing streak

U.S. Recession Probability Drops Below 50%

A Checkup On The Economic Screws

SCHY Vs. IGRO: Comparing Two Top Low P/E International Dividend Growth ETFs

Are you impressed by the S&P 500 (SPY) staying above 6,000? You shouldn't be because of the "rolling correction" taking place. Steve Reitmeister explains what that is...and how to trade this environment to stay on the right side of the action. Full story to follow... The S&amp;P 500 (<a href="https://stocknews.com/stock/SPY/">SPY</a>) has been above 6,000 every day in December. And yet I tell you the stock market has been miserable for the average investor.
What we are seeing is all the money getting sucked back into the Magnificent 7 (especially TSLA) and a rolling correction taking place across the rest of the market.
What is a rolling correction? 
And how should we navigate this unique market? 
The answers to those questions and more will be at the heart of this week's Reitmeister Total Return commentary.
Market Outlook
Just a reminder for you guys to watch this timely presentation from Amber Hestla: Why Most Will Fail to Profit from the "Trump Bump 2.0?"
<a href="https://www.mcomint02.com/64M2B6/H3CW1F/">Watch it now &gt;</a>
p.s. A brand new stock pick is coming tomorrow from Amber to take advantage of this trend. So now is good time to watch her presentation.
What is a Rolling Correction? 
Think about a normal correction for a stock. That is a decline of 10% or more.
Same goes for a stock market correction which we would say is a 10% decline for any group or index.
A rolling correction is where the main stock indices seem relatively calm trading in a narrow range...but under the surface is major sector rotation.
Some groups are getting pounded into submission. And some are busting higher.
However, over time just about every group gets chopped down which is why we call it a rolling correction. Meaning it rolls from group to group with everyone getting their lashings in the end. And yet, because other groups are seeing increases at the same time, then the overall market is relatively unchanged.
With the above in mind you can now appreciate that the S&amp;P 500 is actually up +0.30% in December. This is mostly led by the usual mega cap stocks like the Magnificent 7.
However, below the surface the pain is much more evident in the December results for these groups:
-3.99% for Equal Weighted S&amp;P 500 (RSP) where even the smallest stock has the same weighting as the mega caps.
-4.14% for the small caps in the Russell 2000
And then check out this 1 week performance chart by sector which shows the unevenness of recent price action:
<img class="size-full wp-image-15139 alignnone" src="https://stocknews.com/wp-content/uploads/2024/12/Sector-1-week-12-17-24.jpg" alt="" width="627" height="205" />
Now that we understand what is happening, the next question is; What should an investor do about it? 
First it will help you not panic as much as you see all this volatility to appreciate its normal and you are not the only one enduring these painful sessions.
Second, a rotation is like a boomerang that returns right back to you. Meaning just stay in place with your quality stocks and the price action of your shares will improve over time.
Or to put it another way, keep your eyes on the long term horizon. Be sure that you own the stocks that have healthy growing earnings while trading for reasonable valuations. Those properties will be rewarded in time.
Magnificent 7 stocks have growth...but valuations are getting extreme. That is why today I am going to recommend shorting TSLA (more on that further below).
Thus, as a group I think the Mag 7's time in the sun ends in January 2025 as many investors will finally take profit off the table to delay tax consequence one more year.
That money should be rotated to worthy small and mid cap stocks that combine those qualities of healthy growth and reasonable valuation.
Yes, the <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> can help you find those stocks.
And yes, my favorite of those stocks are shared with you below...
What To Do Next?
Discover my current portfolio of 10 stocks packed to the brim with the outperforming benefits found in our exclusive POWR Ratings model. (Nearly 4X better than the S&amp;P 500 going back to 1999).
All of these hand selected picks are all based on my 44 years of investing experience seeing bull markets...bear markets...and everything between.
And right now this portfolio is beating the stuffing out of the market. 
If you are curious to learn more, and want to see my top 10 timely stock recommendations, then please click the link below to get started now.
<a href="https://report.stocknews.com/rtrsignup/">Steve Reitmeister's Trading Plan &amp; Top 10 Stocks &gt;</a>
Wishing you a world of investment success!
<img class="size-full wp-image-14665 alignnone" src="https://stocknews.com/wp-content/uploads/2024/06/Signature.jpg" alt="" width="106" height="78" /> 
Steve Reitmeister…but everyone calls me Reity (pronounced "Righty") 
CEO, StockNews.com and <a href="https://report.stocknews.com/rtrsignup/">Editor, Reitmeister Total Return</a>

<hr />
SPY shares fell $0.35 (-0.06%) in after-hours trading Tuesday. Year-to-date, SPY has gained 28.33%, versus a % rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Steve Reitmeister</h2> <img src='https:/wp-content/uploads/2019/07/Screen-Shot-2019-07-23-at-2.05.03-PM.png' style="float:left; padding:5px;width:125px;">Steve is better known to the StockNews audience as "Reity". Not only is he the CEO of the firm, but he also shares his 40 years of investment experience in the <a href="https://report.stocknews.com/rtrsignup/" title="More info about Reitmeister Total Return portfolio">Reitmeister Total Return portfolio</a>. Learn more about Reity's background, along with links to his most recent articles and stock picks.<a href="https://stocknews.com/authors/?author=steve-reitmeister">More...</a>The post <a href=https://stocknews.com/news/spy-inx-dia-iwm-qqq-is-the-stock-market-in-a-rolling-correction/>Is the Stock Market in a Rolling Correction?</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

Is the Stock Market in a Rolling Correction?

The next hurdle for the stock market lies with the Fed meeting on 12/18. Steve Reitmeister warns that investors should prepare for no cut and a potential pullback in stock prices (and the S&P 500 (SPY) back below 6,000). Read on for the full story... The November surge to new highs for the S&amp;P 500 (<a href="https://stocknews.com/stock/SPY/">SPY</a>) has resulted in a December consolidation and rotation period.
That is where the overall market trades in a narrow range making it seem like the seas are calm. But below the surface is violent sector rotation leading to very volatile price action.
This phase is common place during a bull market where it is best to keep your eyes on the steady long term horizon to prevent nausea from all the near term turbulence.
This gives us a good opportunity to check in on the general health of the economy, inflation and what that means for the Fed's next meeting on December 18th. That will be our focus today.
Market Outlook
It's easy to get lost in the forest of all the individual economic reports. That is why we will start with an examination of the most important tree in that forest...that being the state of GDP.
The GDPNow model from the Atlanta currently estimates +3.3% growth in Q4 with about 65% of the inputs in place. Now compare this with the lower, yet still ample +2.1% reading from the Bluechip Panel of Economists.
Typically results seem to end up closer to the reading of GDPNow because it updates several times a month. This means that overall the economy is on strong footing with little reason to believe a recession is on the horizon. That makes it very easy for stocks to surge to new highs as they have of late.
Now let's dig in with the most recent key reports to see if they give us any clues as to what the Fed will do at their next rate decision meeting on 12/18.
12/2 ISM Manufacturing: Great improvement month over month from 46.5 to 48.4 and New Orders up over 50. Yes, this sounds kind of weak because under 50 points to contraction. But these readings are amongst the highest in 2 years and directionally shows improvement.
12/4 ISM Services: Here we have the flip side of the manufacturing report as the 52.1 reading is much lower than the previous month's 56.0. However, it is still in expansion territory with the forward looking New Orders component pointing to better results ahead at 53.7. Overall Services is the main engine pulling the US economy forward.
12/6 Govt Employment Situation &amp; Avg Hourly Earnings: The 227K jobs added was a healthy showing after the surprisingly weak 36K the previous month. The assumption is that many employers held off on hiring til after the election.
The bigger problem I see here is that wage inflation remains stuck at 4% year over year which is pretty much the same level since March 2024. No doubt Fed officials are not happy with this "stickiness" as the want to be on course for 2% inflation.
12/11 CPI &amp; 12/12: The CPI needle seems stuck at too high of a level at 2.7% overall and an even worse 3.3% year over year change for the Core reading. This has not really budged lower since June.
The PPI report was no better on Thursday morning with the Core reading rising from 3.2% to 3.4%. And really has been climbing all year long. Please remember that PPI is often considered the leading indicator of what is in CPI and PCE a few months down the road. Just no way to see this PPI report in a positive light leading into the next item...
12/18 Fed Rate Decision Meeting: Right now investors see a 98% likelihood of another 25 basis point cut at the 12/18 Fed meeting. That is a perplexing assumption given what I wrote above about sticky wage inflation and how CPI and PPI are stuck at too high of a level.
If the Fed is "data dependent" then I don't see any data point logically saying they should cut again on 12/18 EXCEPT if they want to keep the market happy (which is not their job).
The market is mostly filled with active traders who are degenerate gamblers drinking Red Bull and putting illegal stuff up their nose to keep the adrenaline flowing. These petulant children should not be directing the adults (aka Fed) on what to do...it should very much be the other way around.
I am not saying the Fed definitely will not lower rates at this December meeting. I simply wouldn't be surprised if they serve investors a wakeup call with no change.
That may lead to a pouty reaction with a minor 2-3% stock pullback. That is a pretty typical reflexive reaction for stocks given the ample gains so far this year.
I don't see this as a reason to get conservative or short the market. I would just use any possible dip as another buying opportunity to load up on the best stocks for 2025.
I believe that winning formula is Risk On with a focus on small and mid cap stocks with healthy growth prospects while also trading at reasonable valuations. That is exactly what the <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> model serves up on a daily basis.
My favorite of those POWR Ratings stocks are shared in the section below...
What To Do Next?
Discover my current portfolio of 10 stocks packed to the brim with the outperforming benefits found in our exclusive POWR Ratings model. (Nearly 4X better than the S&amp;P 500 going back to 1999).
All of these hand selected picks are all based on my 44 years of investing experience seeing bull markets...bear markets...and everything between.
And right now this portfolio is beating the stuffing out of the market. 
If you are curious to learn more, and want to see my top 10 timely stock recommendations, then please click the link below to get started now.
<a href="https://report.stocknews.com/rtrsignup/">Steve Reitmeister's Trading Plan &amp; Top 10 Stocks &gt;</a>
Wishing you a world of investment success!
<img class="size-full wp-image-14665 alignnone" src="https://stocknews.com/wp-content/uploads/2024/06/Signature.jpg" alt="" width="106" height="78" /> 
Steve Reitmeister…but everyone calls me Reity (pronounced "Righty") 
CEO, StockNews.com and <a href="https://report.stocknews.com/rtrsignup/">Editor, Reitmeister Total Return</a>

<hr />
SPY shares rose $0.10 (+0.02%) in after-hours trading Thursday. Year-to-date, SPY has gained 28.34%, versus a % rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Steve Reitmeister</h2> <img src='https:/wp-content/uploads/2019/07/Screen-Shot-2019-07-23-at-2.05.03-PM.png' style="float:left; padding:5px;width:125px;">Steve is better known to the StockNews audience as "Reity". Not only is he the CEO of the firm, but he also shares his 40 years of investment experience in the <a href="https://report.stocknews.com/rtrsignup/" title="More info about Reitmeister Total Return portfolio">Reitmeister Total Return portfolio</a>. Learn more about Reity's background, along with links to his most recent articles and stock picks.<a href="https://stocknews.com/authors/?author=steve-reitmeister">More...</a>The post <a href=https://stocknews.com/news/spy-inx-dia-iwm-qqq-stock-investors-are-you-ready-for-12-18/>Stock Investors: Are You Ready for 12/18?</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

Stock Investors: Are You Ready for 12/18?

Steve Reitmeister says not to be fooled by the S&P 500 (SPY) breaking above 6,000. There is something amiss in recent market activity. He spells it out in the market commentary below including his top 10 stocks to outperform. Read on for more... The S&amp;P 500 (<a href="https://stocknews.com/stock/SPY/">SPY</a>) is now exploring new heights above 6,000. But not everything is rainbows and lollipops.
Unfortunately, market breadth has narrowed once again with investors pressing the "Easy Button" with their old friends in the Magnificent 7. In fact, small caps have gone from November's big winners to December's big losers.
We will talk about what this means...and how to chart a course to outperformance in the weeks ahead in this edition of the Reitmeister Total Return.
Market Outlook
First things first...
Last week I sent you guys a message about a special presentation from my friend Amber Hestla entitled: Why Most Will Fail to Profit from "Trump Bump 2.0"?
Gladly they recorded the presentation and you can <a href="https://www.mcomint01.com/64M2B6/H3CW1F/?uid=1789">watch it now &gt;</a>
Back to our conversation about the stock market, all of December has been spent with the S&amp;P 500 above 6,000. Yet that is like clapping with just one hand as all broader measures for the month are in negative territory including the Equal Weighted S&amp;P 500 (RSP) as well as the small caps in the Russell 2000 (IWM).
This fits in with a typical seasonal narrative. That being the groups that led the way for the majority of the year put a cherry on top in December.
The next step in that journey is likely a hearty round of profit taking for those same groups in January as investors delay the tax consequences for one year. And then a big rotation happens to other worthy groups.
This updated PE chart by market cap tells you quite clearly which are the worthy groups that should benefit in that looming rotation:
<img class="size-full wp-image-15123 alignnone" src="https://stocknews.com/wp-content/uploads/2024/12/PE-by-Market-Cap-12-10-24.jpg" alt="" width="793" height="437" />
As you can see in the pink line above, the MegaCaps have nose bleed valuations versus historical norms. The Magnificent 7 are the main stocks in that group and this chart says they are pretty much in bubble territory and should underperform going forward.
The seemingly more reasonable PE of 22 for the rest of the large caps is definitely on the high side of history. Not a bubble...but not much more can be pumped into the group without becoming a bubble. This is why I think that most of 2025 is spent below 6,000 for the S&amp;P 500 with a high of 6,300.
Gladly that points to small and mid caps as the place to be in the new year. Not only do those companies offer superior earnings growth over their larger peers...but also a PE about 20-30% lower. That is why I keep saying that its time for smaller stocks to shine.
That rotation from large to small seemed to be underway after the November election. Yet in December has taken a noticeable pause.
That's OK...that just gives a chance to load up the truck now with the stocks that are ready to outperform in the year ahead.
The very stocks you will find in the next section...
What To Do Next?
Discover my current portfolio of 10 stocks packed to the brim with the outperforming benefits found in our exclusive POWR Ratings model. (Nearly 4X better than the S&amp;P 500 going back to 1999).
All of these hand selected picks are all based on my 44 years of investing experience seeing bull markets...bear markets...and everything between.
And right now this portfolio is beating the stuffing out of the market. 
If you are curious to learn more, and want to see my top 10 timely stock recommendations, then please click the link below to get started now.
<a href="https://report.stocknews.com/rtrsignup/">Steve Reitmeister's Trading Plan &amp; Top 10 Stocks &gt;</a>
Wishing you a world of investment success!
<img class="size-full wp-image-9357 alignnone" src="https://stocknews.com/wp-content/uploads/2021/04/Reity.jpg" alt="" width="99" height="70" /> 
Steve Reitmeister…but everyone calls me Reity (pronounced "Righty") 
CEO, StockNews.com and <a href="https://report.stocknews.com/rtrsignup/">Editor, Reitmeister Total Return</a>

<hr />
SPY shares were trading at $602.68 per share on Tuesday afternoon, down $2.00 (-0.33%). Year-to-date, SPY has gained 27.99%, versus a % rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Steve Reitmeister</h2> <img src='https:/wp-content/uploads/2019/07/Screen-Shot-2019-07-23-at-2.05.03-PM.png' style="float:left; padding:5px;width:125px;">Steve is better known to the StockNews audience as "Reity". Not only is he the CEO of the firm, but he also shares his 40 years of investment experience in the <a href="https://report.stocknews.com/rtrsignup/" title="More info about Reitmeister Total Return portfolio">Reitmeister Total Return portfolio</a>. Learn more about Reity's background, along with links to his most recent articles and stock picks.<a href="https://stocknews.com/authors/?author=steve-reitmeister">More...</a>The post <a href=https://stocknews.com/news/spy-inx-dia-iwm-qqq-is-the-stock-market-healthy/>Is the Stock Market Healthy?</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

Is the Stock Market Healthy?

Its easy to get caught up in the celebration of new highs above 6,000 for the S&P 500 (SPY). Yet Steve Reitmeister warns about tougher sledding for investors in 2025. Read on for the full story... This is about as bullish a year as you will find. Only 1 year in the past decade rivals this one and that would be the 28.9% gain for the S&amp;P 500 (<a href="https://stocknews.com/stock/SPY/">SPY</a>) back in 2019. We are very close to topping that in the closing days of 2024.
Rarely does the market have back to back strong years like this EXCEPT at the beginning of a bull market as we already enjoyed. Unfortunately history is not kind to what this means for the following year as breakeven or less is not unusual.
Don't worry...I am not calling for a bear market to unfold. Just saying that this bull will likely enjoy a well deserved rest in 2025.
Gladly there is a path to outperform and generate attractive gains even in a lackluster environment such as this. I will share my roadmap in this week's Reitmeister Total Return commentary below...
Market Outlook
In my recent presentation, 2025 Stock Market Outlook, I go in depth on this historical pattern of why year 3 of a new bull market is usually quite tame. <a href="https://www.wallstreetzen.com/blog/stock-market-outlook-webinar-replay/">You can watch a replay here &gt;</a>
That pattern looks on course coming into the new year. That's a sad state of affairs for the average index or mutual fund investor. Yet good news for stock pickers with a proven edge.
Yes...I am most certainly talking about those who have the benefit of the <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> system on their side. Rain or shine this system reviews 118 factors for over 5,300 stocks.
Even in the worst of times it will point out the top 5% (aka A rated Strong Buys) that have the goods to outperform. That's because investors don't run away from all stocks in those sub-par years...they just spend their time being more selective. The main qualities of their favorite stocks are:
<ul>
<li>Industries set to excel in current economic environment</li>
<li>Healthy profit growth (as proven by their quarterly earnings reports)</li>
<li>Attractive valuation</li>
</ul>
That last part has been a bit overlooked as the bull parade stampedes to new highs. Meaning the gains are coming too easily right now and valuations don't seem to matter. But once profit taking season starts in January to take some of these big gains off the table (and delaying the tax consequence for a year)...THEN valuations will start to matter.
Gladly the Zen Ratings has any eye towards all 3 levels of what investors will want to focus on in the new year.
Let's start with the best industries. I would say the best way to quantify that is the companies with the best financial outlook. This shows up in many of the 118 factors analyzed by the POWR Ratings model.
So, the industries where you find the individual stocks with the best POWR Ratings are thus the highest rated industries to focus on with the <a href="https://stocknews.com/stocks/">POWR Industry Rank.</a>
Next the Growth and Quality aspects of the POWR Ratings model GREATLY increases the odds of buying a company that will have forthcoming beat and raise earnings reports. In fact, the 13 Growth measures in the model are focused on the consistency of growth in the past for revenue, profit margins, cash flow and Earnings Per Share.
Studies have proven that the consistency of this growth in the past increases the odds of consistent growth in the future. This leads to the joy of more earnings beats and less earnings misses. That is a gift that comes around 4 times a year to propel the best shares higher.
Lastly is valuation. Once again, the POWR Ratings does a masterful job of looking for value. Not just PE...or Book Value...or Price to Sales.
How about 31 different factors of value. Even better is 31 different factors of value that each have proven to point to share price outperformance in the weeks/months that follow. And that is precisely what you will find inside the POWR Ratings model.
I really believe, that 6,300 is about as high as the S&amp;P 500 will get in the coming year with most of the time spent under 6,000 (yes, lower than it is today). Thus, the path to 2025 stock market profits has to be built by finding better stocks. The POWR Ratings will do a wonderful job lighting that path for you.
I shine a flashlight on my favorite POWR Ratings picks in the next section...
What To Do Next?
Discover my current portfolio of 10 stocks packed to the brim with the outperforming benefits found in our exclusive POWR Ratings model. (Nearly 4X better than the S&amp;P 500 going back to 1999).
All of these hand selected picks are all based on my 44 years of investing experience seeing bull markets...bear markets...and everything between.
And right now this portfolio is beating the stuffing out of the market. 
If you are curious to learn more, and want to see my top 10 timely stock recommendations, then please click the link below to get started now.
<a href="https://report.stocknews.com/rtrsignup/">Steve Reitmeister's Trading Plan &amp; Top 10 Stocks &gt;</a>
Wishing you a world of investment success!
<img class="size-full wp-image-9357 alignnone" src="https://stocknews.com/wp-content/uploads/2021/04/Reity.jpg" alt="" width="99" height="70" /> 
Steve Reitmeister…but everyone calls me Reity (pronounced "Righty") 
CEO, StockNews.com and <a href="https://report.stocknews.com/rtrsignup/">Editor, Reitmeister Total Return</a>

<hr />
SPY shares rose $0.07 (+0.01%) in after-hours trading Tuesday. Year-to-date, SPY has gained 28.25%, versus a % rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Steve Reitmeister</h2> <img src='https:/wp-content/uploads/2019/07/Screen-Shot-2019-07-23-at-2.05.03-PM.png' style="float:left; padding:5px;width:125px;">Steve is better known to the StockNews audience as "Reity". Not only is he the CEO of the firm, but he also shares his 40 years of investment experience in the <a href="https://report.stocknews.com/rtrsignup/" title="More info about Reitmeister Total Return portfolio">Reitmeister Total Return portfolio</a>. Learn more about Reity's background, along with links to his most recent articles and stock picks.<a href="https://stocknews.com/authors/?author=steve-reitmeister">More...</a>The post <a href=https://stocknews.com/news/spy-inx-dia-iwm-qqq-investors-are-you-ready-for-2025/>Investors: Are You Ready for 2025?</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

Investors: Are You Ready for 2025?

In this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Tuesday, December 17.

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