DIRS.INFO The most relevant business & tech news

Tracking Tropical Storm Oscar Leer en españolOscar was a tropical storm in the North Atlantic Ocean Monday evening Eastern time, the National Hurricane Center said in its latest advisory. The tropical storm had sustained wind speeds of 40 miles per hour. By The New York TimesOscar is the 15th named storm to form in the Atlantic in 2024. In late May, the National Oceanic and Atmospheric Administration predicted that there would be 17 to 25 named storms this year, an above-normal amount. Without El Niño this year, clouds are more likely to tower to the tall heights needed to sustain a powerful cyclone.

Persons: Oscar Leer, Oscar, The New York Times Oscar Organizations: National Hurricane Center, The New York Times, NOAA, National Oceanic, Atmospheric Administration, Hurricanes Locations: United States

Both the S&P 500 and the Dow Jones Industrial Average surged to new record highs Friday, sealing six straight weeks of gains. The Dow Jones Industrial Average gained 36.86 points, or 0.09%, to end at 43,275.91. This marked the longest string of weekly advances in 2024 for both the Dow and S&P 500, which respectively ended 0.96% and 0.85% higher. Procter & Gamble also reported better-than-expected earnings, while revenue fell short of estimates. More than 70 S&P 500 companies have reported earnings this season.

Persons: Gamble, Rob Williams, we’re, ”, Williams, Donald Trump Organizations: Dow Jones, Dow Jones Industrial, Nasdaq, Netflix, Dow, Procter, Sage Advisory, Republican

☆ Stock market today: US stocks close at records and notch 6-week win streak amid solid earnings
▼ + stars: | 2024-10-18 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

The Dow and the S&P 500 hit all-time highs Thursday as US stocks hit a six-week win streak. Strong third-quarter earnings from Netflix and Intuitive Surgical led to massive 10%+ stock gains. Upcoming earnings reports and economic data releases will be closely watched by investors next week. Shares of Netflix and Intuitive Surgical soared more than 10% to record highs after their third-quarter earnings bested analyst's profit and revenue estimates. Next week, on the economic data front, investors will monitor the release of September's US leading economic indicators index, data on existing home sales, and consumer sentiment.

Persons: —, Dow Organizations: Dow, Netflix, Service, Nasdaq, Dow Jones, Texas, Tesla Locations: FactSet

☆ Earnings next week will determine whether stocks still have further to run
▼ + stars: | 2024-10-18 | by ( Sarah Min | ) www.cnbc.com time to read: +5 min

Earnings next week will be key to where stocks head from here. While roughly one-tenth of S & P 500 companies reported over the past week, about 20% of the broader index plans to report next week. He noted that the S & P 500 is trading at a 40% premium to its long-term P/E ratio, while tech stocks are trading at upwards of 60%. For the Dow Jones Industrial Average and S & P 500 , it's the first such streak going back to December 2023. Meanwhile, the equal-weighted S & P 500 slightly outpaced the market-cap weighted benchmark this week, a bullish signal for sectors such as health care.

Persons: Sam Stovall, Stovall, FactSet's John Butters, Butters, it's, Tesla, Lockheed Martin, Russell, Nelson Yu, Harker Organizations: U.S, CFRA Research, Dow Jones Industrial, Nasdaq, Lockheed, GE Aerospace, Business Machines, General Motors, Verizon Communications, United Parcel Services, Southwest Airlines, Nvidia, Philadelphia Reserve, Chicago, PMI, New, . Kansas City Fed Manufacturing Locations: Independence, Philadelphia, . Kansas

☆ Minnesota Lynx defeat New York Liberty in dramatic fashion to force title-deciding Game 5 of WNBA Finals
▼ + stars: | 2024-10-18 | by ( David Close | ) edition.cnn.com time to read: +2 min

CNN —The Minnesota Lynx defeated the New York Liberty 82-80 in Game 4 of the WNBA Finals to force a winner-takes-all decider on Sunday. The packed crowd at the Target Center in Minneapolis almost had their hearts broken in a consecutive Finals game. Afterall, Ionescu had won the game on Wednesday, hitting a long, tiebreaking three at the end of the game. Liberty center Jonquel Jones (No. Minnesota can win a record-breaking fifth WNBA championship, while the Liberty seek the franchise’s first title in franchise history.

Persons: Sabrina Ionescu, Ionescu, Minnesota’s Kayla McBride, don’t, Courtney Vandersloot, Courtney Williams, McBride, Bridget Carleton, Breanna Stewart, Jonquel Jones, David Berding, 0yt59ZhDrx, “ It’s, ”, “ Everybody’s, We’re Organizations: CNN, Minnesota Lynx, New York Liberty, WNBA, Target Center, Lynx, Liberty, Barclays Center Locations: Minneapolis, Brooklyn , NY, Minnesota

☆ CNBC Daily Open: The Dow hits another high amid a mostly flat market
▼ + stars: | 2024-10-18 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

NEW YORK, NEW YORK - OCTOBER 16: Traders and others work on the New York Stock Exchange (NYSE) floor in New York City. This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. That's higher than both the 0.1% gain in August and the 0.3% Dow Jones forecast, according to the advance report. Meanwhile, Taiwan Semiconductor Manufacturing Co's reported its third-quarter net revenue jumped 36% year on year, and revised its fourth-quarter revenue upward.

Persons: it's, Dow, Christine Lagarde's, Dow Jones Organizations: NEW, Traders, New York Stock Exchange, CNBC, European Central Bank, Dow Jones, Nasdaq, Dow, Taiwan Semiconductor Manufacturing, U.S . Federal Reserve Locations: New York City, U.S

☆ European markets set for mixed open as investors digest third ECB rate cut of the year
▼ + stars: | 2024-10-18 | by ( Sophie Kiderlin | ) www.cnbc.com time to read: +1 min

European markets were headed for a mixed open on Friday as investors digested the European Central Bank's decision to cut interest rates yet again and awaited fresh economic data and earnings. Germany's DAX , the U.K.'s FTSE 100 and France's CAC 40 are all expected to slip when markets open, according to IG data, while Italy's FTSE MIB is on track to rise. The pan-European Stoxx 600 ended Thursday in the green, with almost all sectors and regional bourses trading in positive territory. It came as the ECB announced its third interest rate cut of the year, lowering the deposit rate by another 25 basis points, as inflation risks in the European Union ease faster than anticipated. On Friday, investors will be watching the latest U.K. retail sales data and quarterly earnings from Volvo Group.

Persons: Germany's DAX Organizations: Central, CAC, ECB, Volvo Group, Dow Jones Locations: European Union, Asia, Pacific, China, Hong Kong

☆ S&P 500 eyes another record close — plus, our 2 health-care stocks that defied the group
▼ + stars: | 2024-10-18 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Markets: The S & P 500 is on pace for another record close and its sixth straight positive week. Financials also continued their strong run this week thanks to strong earnings from banks such as Club holding Morgan Stanley and other financial services companies. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, hasn't, Financials, Morgan Stanley, Danaher, we'll, Jim Cramer's, Jim Organizations: CNBC, ., ASML Holdings, Taiwan Semiconductor Manufacturing Company, Nvidia, bellwether, Abbott Laboratories, UBS, Mizuho, . Energy, Texas, OPEC, International Energy Agency, Coterra Energy, Dow Jones, Dover, Honeywell, Jim Cramer's Charitable

☆ Jefferies says these top stock picks are cheap and offer upside heading into year-end
▼ + stars: | 2024-10-18 | by ( Sean Conlon | ) www.cnbc.com time to read: +4 min

As the fourth quarter ramps up, several stocks have room to appreciate in coming months, according to Jefferies. Heading into the end of the year, Jefferies has updated its list of stock recommendations it calls its "franchise picks," spotlighting high-conviction, buy-rated names. "Higher reinvestment rates are correlated with better returns," Jefferies added. Their average price target of almost $24 implies roughly 10% upside – less than the nearly 26% that would result if Jefferies' target of $27 is reached. And Jefferies' target of $295 implies more than 17% upside from the current price.

Persons: Jefferies, Morgan Stanley, Wells, –, Johnson Organizations: Dow, Nasdaq, JPMorgan, Consumer, Johnson, PepsiCo, Sysco, Jefferies, ConocoPhillips, Port, North Field, Oil, Procter, Gamble, Colgate Locations: Wells Fargo, Alaska, Port Arthur, Texas, Qatar, Houston, LSEG, U.S, , New Jersey, Kenvue

☆ Treasury yields hold steady as investors digest data indicating economic resilience
▼ + stars: | 2024-10-18 | by ( Sawdah Bhaimiya | ) www.cnbc.com time to read: +1 min

One basis point is equal to 0.01%. ET, the 10-year Treasury yield was up less than one basis point at 4.1045%. The yield on the 2-year Treasury yield ticked lower by one basis point to 3.9758%. U.S. Treasury yields held steady on Friday as investors digested the previous day's economic data which signaled economic resilience. Comments are also expected from several Federal Reserve officials including Atlanta Fed President Raphael Bostic and Minneapolis Fed President Neel Kashkari.

Persons: Dow Jones, Raphael Bostic, Neel Kashkari Organizations: U.S, Treasury, Dow, Labor Department, Federal, Atlanta Fed, Minneapolis Fed, European Central Bank, European Union

☆ CNBC Daily Open: China posts better-than-expected economic data
▼ + stars: | 2024-10-18 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Better-than-expected growth for ChinaChina's third-quarter gross domestic product expanded by 4.6% year on year, according to the National Bureau of Statistics. Chinese and U.S. retail sales going strongChina's retail sales for September grew 3.2% from a year ago, said the National Bureau of Statistics. Across the Pacific Ocean, retail sales in the U.S. rose a seasonally adjusted 0.4% for September.

Persons: Dow Jones, Pat Gelsinger, Altera Organizations: CNBC, China, National Bureau of Statistics, Dow, Dow Jones, Nasdaq, Intel, U.S . Federal Reserve Locations: U.S, Asia, Pacific, Shanghai

☆ Tom Holland and Zendaya have read a ‘Spider-Man 4’ script draft and have some thoughts
▼ + stars: | 2024-10-18 | by ( Lisa Respers France | ) edition.cnn.com time to read: +1 min

CNN —The star of the “Spider-Man” franchise sounds excited about the latest sequel, even if he has notes. Tom Holland, who plays Peter Parker/Spider-Man talked about that on the “Rich Roll Podcast.” The actor shared that he and his real-life girlfriend, Zendaya, who plays Parker’s love interest Michelle “MJ” Jones in the franchise, have read the draft script for “Spider-Man 4.”“It needs work, but the writers are doing a great job,” Holland said. “I read it three weeks ago, and it really lit a fire in me,” he continued. “I was really lucky that my life changed slowly,” he said during the podcast. “I started when I was really young and then I had about 10 years before the ‘Spider-Man’ thing happened.

Persons: Tom Holland, Peter Parker, Zendaya, Michelle “ MJ ” Jones, ” Holland, “, ”, “ Zendaya Organizations: CNN, Marvel

☆ Gen Z workers say stereotypes are holding them back. It's a problem for companies too.
▼ + stars: | 2024-10-18 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +7 min

Gen Z behavior was shaped by missing formative years during the COVID-19 pandemic. Gen Z has a lot to offer companies who know how to nurture it, experts told BI. But many Gen Zers don't agree with them, and some believe they are holding them back at work. Chang said Gen Zers prioritize companies that offer perks such as mental health days and wellness workshops. Some companies are already doing this and making themselves attractive to Gen Z talent.

Persons: Z, —, Zers don't, Max Jones, It's, Richard Wahlquist, Boppana, Gen Zers, I've, she'd, Claude Akinsanya, Zers, Akinsanya, Gen, Rhea Moss, Gen Z, " Moss, Jones, Jeanie Y, Chang, Forbes, Chipotle, Moss Organizations: Service, American Staffing Association, Accenture, Nike, Morning Locations: London

☆ The Vikings are Super Bowl contenders thanks to a QB nobody else wanted
▼ + stars: | 2024-10-17 | by ( Rohan Nadkarni | Rohan Nadkarni Is A Sports Reporter For Nbc News. | ) www.nbcnews.com time to read: +5 min

Sunday’s NFC North tilt between the 5-0 Minnesota Vikings and the 4-1 Detroit Lions won’t be only a matchup for divisional supremacy or a possible playoff preview. With no competition at quarterback, Goff took advantage in 2022. Quarterback Sam Darnold of the Minnesota Vikings. With the Vikings, though, Darnold has posted the best passer rating and quarterback rating of his career so far. (Forget only the division, the Lions will enter this matchup as a Super Bowl contender.)

Persons: Jared Goff, Sam Darnold, Goff, J.J . McCarthy, McCarthy, Albert Breer, Dan Campbell, Kevin Clark, Matthew, Stafford, Goff —, —, Sean McVay, Goff wasn’t, Justin Fields, Mac Jones, Kenny Pickett, Stephen Maturen, Darnold, Darnold hasn’t Organizations: Minnesota Vikings, Detroit Lions, Los Angeles Rams, New York Jets, Lions, NFC, Vikings, Rams, ”, Super, Los Angeles, Detroit, Jets, Carolina Panthers, San Francisco 49ers Locations: Detroit, Los, Los Angeles, Minnesota, Darnold

Three days after the storm, Jones and his wife managed to hike up to his elderly mother-in-law’s house by wading through mud up to their knees. Donations pile up at Minneapolis Baptist Church in Newland, N.C., on Wednesday, after its fellowship hall was damaged by Hurricane Helene’s remnants. Helene’s crushing aftermath is colliding with another political storm Thursday as in-person early voting begins in North Carolina, one of several battlegrounds expected to play outsized roles in the election. In addition to the presidential race, voters in North Carolina will also decide on their controversial race for governor and contests for attorney general and state school superintendent. “There’s simply nothing left in some of the areas,” said Patrick Gannon, the public Information director for the North Carolina Board of Elections.

Persons: NEWLAND, we’ve, ”, Larry Jones, Hurricane Helene, Jones, Gabe Gutierrez, It’s, There’s, Patrick Gannon, “, ” Jones Organizations: Minneapolis Baptist Church, NBC, North Carolina Board Locations: N.C, Minneapolis, Avery County, Newland, North Carolina, Asheville

☆ Best Buy and Danaher are on the move Thursday — here's what is behind their different fates
▼ + stars: | 2024-10-17 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Jim said he has previously debated selling some Danaher shares around their current levels of $275 but now he has "cold feet." As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Jim, Sartorius, Stocks, Jim Cramer's Organizations: CNBC, Nasdaq, Dow Jones, Commerce Department, Nvidia, Broadcom, Club, CSX, Elevance, AMD Locations: Blackstone

☆ CNBC Daily Open: Strong earnings, macro conditions driving stocks higher
▼ + stars: | 2024-10-17 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

In this article KBE.IXIC.SPX.DJIASML-NLDAMZN.FTSEMS Follow your favorite stocks CREATE FREE ACCOUNTThe Morgan Stanley headquarters in New York, US, on Monday, Oct. 14, 2024. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Morgan Stanley , for one, reported third-quarter figures that surpassed earnings and revenue estimates. The bank's profit jumped 32% from a year ago, far outstripping the LSEG estimate and topping several other big banks' income growth. The investment banking business was a main source of profit for Morgan Stanley.

Persons: DJI ASML, Morgan Stanley, Michael Nagle, Piper Sandler, – CNBC's Hugh Son, Alex Harring, Jeff Cox, Lisa Kailai Han, Jesse Pound Organizations: Bloomberg, Getty, CNBC, Dow Jones, Nasdaq, U.S . Federal Reserve, P Bank ETF, UBS, U.S . Labor Department Locations: New York, Wall

☆ NFL Week 7 preview: Five things to watch out for
▼ + stars: | 2024-10-17 | by ( Andy Scholes | Ben Morse | ) edition.cnn.com time to read: +22 min

Brandon Sloter/Getty Images Minnesota Vikings quarterback Sam Darnold throws the ball to tight end Johnny Mundt in Minneapolis on September 22. Matt Slocum/AP Kansas City Chiefs quarterback Patrick Mahomes runs the ball against Cincinnati Bengals cornerback Dax Hill during the Chiefs' 26-25 victory in Kansas City, Missouri, on Sunday, September 15. Ed Zurga/AP Kansas City Chiefs quarterback Patrick Mahomes scrambles during the game against the Baltimore Ravens in Kansas City, Missouri, on September 5. The same can’t be said for Tampa Bay quarterback Baker Mayfield: he’s 1-5 on Monday nights. ETKansas City Chiefs (5-0) @ San Francisco 49ers (3-3) – 4:25 p.m.

Persons: Vince Lombardi, There’s, Deebo Samuel, Samuel, John Froschauer, Brian Branch, Matthew Pearce, Patrick McDermott, Pat Surtain, AAron Ontiveroz, C.J, Gardner, Johnson, David Njoku, Matt Rourke, Claudin, Kirk Cousins, Grant Halverson, Caleb Williams, Williams, Zac Goodwin, Isaac Yiadom, Ji'Ayir Brown, DK Metcalf, Steven Bisig, Willie Gay Jr, Gay, Ed Zurga, Camryn Bynum, Steve Luciano, Keon Coleman, Eric Gay, Trevor Lawrence, David Rosenblum, Daniel Whelan, Gregory Bull, Trey Sermon, Nathan Ray Seebeck, Ka'imi Fairbairn, Deommodore Lenoir, Ezra Shaw, Riley Moss, Cooper Neill, Aaron Rodgers, Rodgers, Jayden Daniels, Christian Petersen, Tremon Smith, Greg Zuerlein, Seth Wenig, Ja'Tavion Sanders, Germaine Pratt, Eric Murray, George Kittle, Jed Jacobsohn, Darius Slayton, Eric Kendricks, Brad Penner, Reuters Damar Hamlin, Bryan M, Bennett, Calvin Austin III, Brandon Sloter, Sam Darnold, Johnny Mundt, Stephen Maturen, John Amis, Aaron Jones, Stacy Bengs, Dak Prescotts, Allen Lazard, Alex Austin, Darnell Mooney, Matt Slocum, Patrick Mahomes, Dax Hill, Jay Biggerstaff, Deebo Samuel Sr, Ivan Pace Jr, Abbie Parr, Alvin Kamara, Kamara, Tim Heitman, Tua Tagovailoa, Tagovailoa, Jasen, Caroline Brehman, Shutterstock, Dak Prescott, Prescott, Ken Blaze, Brian Robinson Jr, K.J, Britt, Jaylen Waddle, Hill, Stephanie V, Daniels, Al Diaz, Justin Fields, Danny Karnik, Okonkwo, Tyrique Stevenson, David Banks, Reuters Rhamondre Stevenson, Jason Mowry, Andrew Van Ginkel, Vincent Carchietta, Rebecca Blackwell, Khalil Shakir, Justin Jones, Jordan Love, Brooke Sutton, São Paulo, South America Kirby Lee, Taylor Swift, Travis Kelce, Reed Hoffmann, Isaiah, Patrick Mahomes scrambles, Charlie Riedel, Sean Payton, Payton, ”, “, Drew Brees, inducting, Brees, Will, Andy Reid, Michael Reaves, Getty, ” Mahomes, “ They’re, CJ Stroud, It’ll, Love, Stacy Revere, ” Stroud, he’s, Malik Willis, Jared Goff, Matt Patterson, Goff, Lamar Jackson, Baker Mayfield Organizations: CNN, New England Patriots, Jacksonville Jaguars, San Francisco 49ers, Seattle Seahawks, AP Detroit Lions, Dallas Cowboys, The Lions, Cowboys, Green Bay Packers, Packers, Arizona Cardinals, Getty Images Denver Broncos, Broncos, Los Angeles Chargers, Denver Post, Getty, Philadelphia Eagles, Cleveland Browns, Eagles, AP Carolina Panthers, Atlanta, Panthers, Getty Images Chicago Bears, Tottenham Hotspur, USA, Sports, Reuters New, Reuters New Orleans Saints, Kansas City Chiefs, Chiefs, Saints, AP Minnesota Vikings, New York Jets, Vikings, AP Buffalo Bills, Bills, Houston Texans, AP Jacksonville Jaguars, Indianapolis Colts, Jaguars, Los Angeles Rams, AP Indianapolis Colts, Reuters Houston Texans, Buffalo Bills, AP San Francisco 49ers, Deommodore, Cardinals, 49ers, Las Vegas Raiders, Minnesota Vikings, Cincinnati Bengals, Bengals, Getty Images Houston Texans, Jacksonville, Texans, AP New York Giants, Giants, Reuters, Getty Images Pittsburgh Steelers, Steelers, Getty Images Minnesota Vikings, Tennessee Titans, AP Dallas Cowboys, Baltimore Ravens, The Jets, Reuters Atlanta Falcons, AP Kansas City Chiefs, Super Bowl, Reuters San Francisco 49ers, AP New Orleans Saints, Reuters Miami Dolphins, Reuters New York Jets, AP Los Angeles Chargers, Shutterstock Dallas Cowboys, NFL, Reuters Washington, Tampa Bay Buccaneers, Buccaneers, Dade Police, Miami Herald, Tribune, Service, Atlanta Falcons, Falcons, AP Tennessee Titans, Chicago Bears, Titans, Bears, Patriots, New York Giants, São Paulo, The Eagles, Neo, AP Baltimore Ravens, Arrowhead, New, New Orleans Saints, Denver Broncos, Saints Hall of Fame, Kansas City, Super, Lambeau, Ohio State, Green, Georgia, Penn State, ”, Stroud, Lambeau Field, NFC, Detroit Lions, Lions, Detroit, The Detroit Lions, Dallas, Disney, Tampa Bay, Miami Dolphins, Vegas Raiders, Carolina Panthers, Washington, Pittsburgh Steelers Locations: London, Seattle, Arlington , Texas, Green Bay , Wisconsin, Denver, Philadelphia, Charlotte , North Carolina, Reuters New Orleans, Kansas City , Missouri, Houston, Jacksonville , Florida, Inglewood , California, Santa Clara , California, Glendale , Arizona, East Rutherford , New Jersey, Orchard Park , New York, Pittsburgh, Minneapolis, Nashville, Miami Gardens , Florida, Cleveland, Tampa , Florida, Miami, Atlanta, Chicago, Cincinnati, São, South America, New Orleans, Arrowhead Stadium, Green Bay, Penn

☆ Dow futures are little changed after blue-chip average closes at all-time high: Live updates
▼ + stars: | 2024-10-17 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Dow Jones Industrial Average futures sat near flat Thursday night after the blue-chip average finished the preceding session at a record closing level. S&P 500 futures and Nasdaq 100 futures were rose 0.1% and 0.2%, respectively. Those moves come after a rally in Travelers propelled the Dow to finish Thursday at an all-time closing high. The broad S&P 500 inched lower despite notching a fresh intraday high during the session, while the technology-heavy Nasdaq Composite concluded modestly higher. That would mark the longest weekly winning streaks in 2024 for both the Dow and S&P 500.

Persons: Dow, They'll, Raphael Bostic, Neel Kashkari, Liz Young Thomas Organizations: Dow Jones Industrial, Nasdaq, Netflix, Travelers, Dow, Atlanta Federal Reserve, Minneapolis Fed, American Express, Procter, Gamble

☆ JPMorgan says financial markets are starting to price in a Trump win and possible Republican sweep
▼ + stars: | 2024-10-17 | by ( Sarah Min | Kavitha Shastry | ) www.cnbc.com time to read: +2 min

Stocks are starting to price in a Trump victory, possibly even a Republican sweep, according to JPMorgan. Take a look at the Dow Jones Industrial Average , which recently cleared the 43,000 milestone for the first time ever, or the S & P 500 , which surpassed 5,800. Meanwhile, U.S. banks, which are expected to face less regulatory scrutiny from Trump than under the Biden administration, have rallied. The SPDR S & P Regional Banking ETF (KRE), has advanced 5.9% this month alone, and financials are the top-performing S & P 500 sector this month. KRE 1M mountain SPDR S & P Regional Banking ETF over the past month.

Persons: Stocks, Donald Trump, Nikolaos Panigirtzoglou, Biden, Trump, Panigirtzoglou, bitcoin Organizations: Republican, JPMorgan, Dow Jones, Trump, Regional Banking, U.S, Treasury, UST, flattish, White Locations: U.S, London, flattish U.S, DXY

☆ Treasury yields rise as investors await key data
▼ + stars: | 2024-10-17 | by ( Sawdah Bhaimiya | ) www.cnbc.com time to read: +1 min

ET, the 10-year Treasury yield was up by more than two basis points to 4.0415%. The 2-year Treasury yield was over one basis point higher to 3.9529%. U.S. Treasury yields were higher Thursday as investors weighed comments from Federal Reserve officials made throughout the week and awaited key economic data. Investors on Thursday looked to fresh key economic data which comes after the latest remarks from Fed officials about the potential path ahead for interest rates. The data comes after several Fed officials earlier this week hinted at further rate cuts to come.

Persons: Dow Jones, —, Jeff Cox, Sophie Kiderlin Organizations: U.S, Treasury, Federal Reserve, European Central Bank Locations: U.S

☆ These high-quality growth stocks are must-owns for investors, Trivariate Research says
▼ + stars: | 2024-10-17 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

Mounting geopolitical tensions and a tight presidential election may intensify market volatility in coming weeks, but high-quality growth stocks may prove a useful way for investors to hedge against any future uncertainty, according to Trivariate Research. October is a historically volatile month for stocks , and this week alone has seen the market seesaw. "It now seems the market has come full circle," Trivariate Research founder and CEO Adam Parker wrote in a recent research note to clients. "It is much easier to buy and hold growth stocks, and it requires less arrogance in predicting the unknown than it used to. Wholesale retailer Costco and hotel giant Hilton are two other growth names that Parker listed.

Persons: Adam Parker, Parker, Morgan Stanley, Eli Lilly, Lilly Organizations: Research, Dow Jones, Dow, Adobe, Wholesale, Costco, Hilton Locations: U.K, Wednesday's

☆ Dodgers’ relentless lineup pummels Mets, takes control of NLCS: Takeaways
▼ + stars: | 2024-10-17 | by ( Will Sammon | Fabian Ardaya | ) www.nytimes.com time to read: +7 min

The Dodgers are up 3-1 in this series after demolishing the Mets these past two nights at Citi Field. The lineup chewed up and spat out Mets starter Jose Quintana and the assorted relievers behind him. Max Muncy set a single-season postseason record by reaching base in 12 consecutive plate appearances. Max Muncy has now reached base in 12 straight plate appearances 😤 He's tied with Reggie Jackson for the most consecutive #Postseason plate appearances reaching safely. It hasn’t worked against the Dodgers, a lineup loaded with stars and an overall carrying tool of plate discipline.

Persons: Jose Quintana, Shohei Ohtani, Mookie Betts, Max Muncy, Yoshinobu Yamamoto, Evan Phillips, Blake Treinen, Jack Flaherty, Senga, David Peterson, Peterson, Phillips, Treinen, John Jones, Injuries, Muncy, he’s, Billy Hatcher, David Ortiz, Reggie Jackson, —, ”, ullpen., ike J ose Organizations: Los Angeles Dodgers, New York Mets, National League, Dodgers, Mets, Citi Field, Reds, Red Sox, ust Locations: Angeles, Flushing, Muncy, Red

☆ Asia-Pacific markets open higher as Dow reaches new highs; Japan trade misses
▼ + stars: | 2024-10-17 | by ( Dylan Butts | ) www.cnbc.com time to read: +1 min

A flag of Japan flies near cargo containers at Tokyo's Odaiba Waterfront on August 6, 2020. Asia-Pacific markets opened higher on Tuesday, following gains on Wall Street that saw the Dow Jones Industrial Average reach a record close amid a strong start to the earnings season. Japan's exports fell 1.7% in September compared to the same period last year, surprising economists polled by Reuters who expected a 0.5% growth rate. It's the first time that exports contracted this year and was down sharply from a revised growth rate of 5.5% in August. September's import growth came in at 2.1% also missing expectations of economists who expected growth of 3.2%.

Persons: Topix Organizations: Dow Jones, Investors, Nikkei, Reuters Locations: Japan, Asia, Pacific, Australia

☆ Stock market today: Indexes gain after strong retail sales data
▼ + stars: | 2024-10-17 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +3 min

Stocks rose Thursday as investors digested strong retail sales data and more earnings. Retail sales data showed US consumer spending remains robust, with monthly spending up 0.4%. AdvertisementUS stocks climbed on Thursday as traders saw better-than-expected retail sales data and continued to digest strong corporate earnings reports. September's retail sales report showed consumer spending remains strong, with monthly spending up 0.4% from August, just above a Dow Jones consensus estimate of 0.3%. And almost every AI innovator is working with TSMC," TSMC chairman and CEO C.C.

Persons: Stocks, ASML, —, C.C, Wei, TSMC, Morgan Stanley, JB Hunt Organizations: Service, Dow Jones, Commerce Department, Federal Reserve, Labor Department, chipmaker Taiwan Semiconductor Manufacturing Company, Nvidia, AMD, chipmakers, United Airlines, Netflix, Caixin Global, JB Locations: Wednesday's, Here's, China

Search resuls for: "Jones"

25 mentions found