Good MorningEquity markets advanced on Wednesday, setting a new three months ahead of the Thanksgiving Holiday. The move is partly due to a gain in Microsoft driven by the reinstatement of Sam Altman to the held of OpenAI. Shares of Microsoft moved up to set a new all-time high on the news and could head higher. The company is establishing itself as a rival to AI powerhouse NVIDIA and will likely build on the momentum gained in 2023.
The S&P 500 closed with a gain near 0.5%, but the move wasn't strong. The index tests resistance at a critical level and has difficulty advancing above it. If the market doesn't commit soon, bearish traders could come back to the market. In this scenario, the index is capped at critical levels and below the all-time high, where it is likely to remain range-bound. With the holiday shopping season looking like a bust, it's unlikely the S&P 500 will set new highs soon without a change to the fundamentals. That won't come without a change in the FOMC policy stance, which isn't likely until next year. Featured: The A.I. Trend Has These 7 Stocks Set To Soar (Darwin) 
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Stocks | | | The tech industry is set for growth due to continued investments in digitization and the adoption of emerging technologies. Therefore, we examine the prospects of quality tech stocks Research Institute... Read the Full Story >> |
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From Our PartnersRumors are circulating of a new currency that will be backed by gold. A huge story, if true. And while it’s impossible to know how it will pan out, there’s one important move you should make right now, before this happens. It’s the best way to protect your wealth today. Because if you’re not careful, YOU could be the one who pays the price | | | | Check out this important warning right here. |
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Stocks | | | In the past month, consumer discretionary stocks have been on a tear, with the Consumer Discretionary Select Sector SPDR Fund (NYSEARCA: XLY) returning 10.47%. That led all sectors except technology stocks during that time. In the past month, the SPDR S&P 500 ETF Trust (NYSEARCA: SPY) r... Read the Full Story >> |
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Markets | | | Big energy like Chevron Corp. (NYSE: CVX) and Exxon Mobil Corp. (NYSE: XOM) are trading well below their highs, while certain sub-industries within the energy sector are performing well. But as oil prices are falling, what's propelling some specialized areas of energy? ... Read the Full Story >> |
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From Our PartnersIf you're looking for an INCREDIBLE deal on stocks with huge growth potential, now is the time to look at this list our team prepared.
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Stocks | | | The financial sector, particularly bank stocks, has been on a tear lightly, clawing back losses from the year and edging into positive territory. So far during the quarter, the financial sector has proven to be an outperforming sector. Bank stocks surged last week follow... Read the Full Story >> |
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Markets | | | Small-cap stocks are finally staging a comeback after underperforming against medium to large-cap stocks this year. This year's notable trend has been the significant outperformance of large-cap stocks, specifically those in the technology sector, versus small-cap stocks. However, with the ... Read the Full Story >> |
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From Our PartnersLithium Americas has handed investors profits of 2,705%. Sigma Lithium has return an almost identical 2,706% since it began trading in 2018. And Alkem Limited is up 174% over the last 5 years and 733% over the last 10 years. Now's the time to invest in this lithium company, while it's a small cap around 25M. | | Learn More |
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Markets | | | Don't be surprised if you see many shoppers at The Gap Inc. (NYSE: GPS) this holiday season. Why? The retailer is crushing it. Well, sort of. On Friday, the company behind Old Navy, Banana Republic, Athleta and Gap stores reported third-quarter earnings pe... Read the Full Story >> |
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Markets | | | Shares were mixed Friday in Europe and Asia after U.S. markets were closed for the Thanksgiving holiday. Germany's DAX was nearly unchanged, at 15,998.44, while the CAC 40 in Paris likewise was flat at 7,279.03. Britain's FTSE 100 dropped 0.4% to 7,453.40. On Wall Street, the futures for the S&P... Read the Full Story >> |
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Markets | | | The shelves at Moscow supermarkets are full of fruit and vegetables, cheese and meat. But many of the shoppers look at the selection with dismay as inflation makes their wallets feel empty. Russia's Central Bank has raised its key lending rate four times this year to try to get inflation under contr... Read the Full Story >> |
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Markets | | | Entrepreneurs and everyday professionals often find the holiday shopping season creeping up on them, and by then, it's too late to avoid the rush and find the deals. That's why this Black Friday deal is worth keeping an eye on. Ideal for anyone you know who likes to cook, this Angle Pro Knife Sharpe... Read the Full Story >> |
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Markets | | | Turkey's central bank delivered another huge interest rate hike on Thursday as it tries to curb double-digit inflation that has left households struggling to afford food and other basic goods.The bank pushed its policy rate up by 5 percentage points, to 40%, marking its sixth big interest rate hike ... Read the Full Story >> |
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The Early Bird Stock Of The DayFriday: Stock With Insider Buying Aura Biosciences, Inc. operates as a biotechnology company that develops therapies to treat cancer. The company develops virus-like drug conjugates (VDC) technology platform for treating tumors of high unmet need in ocular and urologic oncology. It is developing AU-011, a VDC candidate for the treatment of primary choroidal melanoma that is in phase III clinical trial. The company also develops AU-011 for additional ocular oncology indications, including choroidal metastases and is in Phase 2 do... | | View Today's Stock Pick |
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