DIRS.INFO The most relevant business & tech news

☆ A veteran bond operator shares an alpha-generating strategy for dropping yields and muted stock-market returns
▼ + stars: | 2024-11-06 | by ( Laila Maidan | ) www.businessinsider.com time to read: +8 min

Credit markets face challenges, but opportunities exist in corporate bonds and cheap optionality. But when times are tight, companies deleverage until their debt is less than their cash flow. The yields in corporate bonds aren't much higher than in government bonds, meaning less compensation for more risk. Advertisement"This trade works if natural gas prices remain stable or rise, leading the energy bond to outperform the overall corporate bond market," Rieder said. "It's an excellent opportunity to capitalize on the current tight credit spread conditions and complacency in the overall credit market."

Persons: —, Goldman Sachs, David Kostin, Mark Rieder, Rieder, I've Organizations: Service, Fed, Treasury, Bloomberg, Business

☆ Bank stocks advance in overnight trading as traders bet on less regulation in a Trump presidency
▼ + stars: | 2024-11-06 | by ( Alex Harring | ) www.cnbc.com time to read: +1 min

Shares of major banks climbed in overnight trading as investors expected Donald Trump's victory in the presidential election. Citigroup jumped about 5% in special late trading on the Robinhood brokerage for well-known stocks. Former President Donald Trump is currently leading by NBC News' count, though several key states have yet to be called. Bank stocks are expected to benefit under GOP control given the party's posture toward deregulation. "Donald Trump is the candidate where you ignore what he says and focus on what you expect him to do," Seiberg wrote in a note to clients recently.

Persons: Donald Trump's, Goldman Sachs, Donald Trump, Cowen, Jaret Seiberg, Seiberg Organizations: Citigroup, Bank of America, White House, NBC News, NBC, Trump, North Carolina . Bank, GOP, Consumer Financial, financials Locations: Wells, North Carolina

☆ Trump Media Stock Surges on Election Result
▼ + stars: | 2024-11-06 | by ( Matthew Goldstein | More About Matthew Goldstein | ) www.nytimes.com time to read: +1 min

In September, Truth Social had 698,000 monthly active users in the United States, compared with 70.4 million for X, according to Similarweb, a data tracking site. Some shareholders — many of them individual investors and supporters of Mr. Trump — took to a Truth Social message board on Wednesday to blast Wall Street traders, accusing it of conspiring to keep a lid on the stock price. Before the trading day began, it appeared Trump Media shares were poised to rocket higher. The stock was the most heavily traded in the hours before the official market open and rose as much as 30 percent in early trading. Swings in Trump Media’s price set off brief trading halts by stock exchanges on Wednesday morning, as they have on other occasions.

Persons: Elon Musk, Trump’s, Trump — Organizations: Social, Mr, Trump, Trump Media Locations: United States

☆ Watch Wednesday's full episode of Mad Money with Jim Cramer — November 6, 2024
▼ + stars: | 2024-11-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch Wednesday's full episode of Mad Money with Jim Cramer — November 6, 2024"Mad Money" host and former hedge fund manager, Jim Cramer, provides stock traders with all manner of investing advice.

Persons: Jim Cramer —, Jim Cramer

☆ European stocks head for lower open as global markets focus on U.S. vote count
▼ + stars: | 2024-11-06 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

European stocks are heading for a lower open Wednesday as global markets focus on the vote count following the U.S. presidential election. Global markets are focusing on the results emerging from key battleground states that are expected to determine the winner of the presidential race between former President Donald Trump and Vice President Kamala Harris. Trump won the electoral vote heavy prizes of Texas and Florida, as well as battleground states of Georgia and North Carolina. Republicans are expected to regain their majority control of the U.S. Senate in 2025, according to NBC News. U.S. stock futures rose sharply in overnight trading as investors started to speculate that Trump could have an edge in the presidential race.

Persons: Germany's DAX, Donald Trump, Kamala Harris, Trump, Harris Organizations: U.S, France's CAC, IG, Global, NBC News, U.S . Senate, NBC, Republicans, Federal Locations: U.S, Texas, Florida, Georgia, North Carolina, New York, California, Virginia, Asia, Pacific

As the central bank lowers its benchmark rate, mortgage rates are expected to go down. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates would impact your monthly payments. 30-Year Mortgage Rates TodayAverage 30-year mortgage rates are hovering in the mid-6% range today, according to Zillow data. 15-Year Mortgage Rates TodayAverage 15-year mortgage rates are in the high 5% range, according to Zillow data. 5-Year Mortgage Rate TrendsHere's how 30-year and 15-year mortgage rates have trended over the last five years, according to Freddie Mac data.

Persons: they've, Jerome Powell's, you'll, Freddie Mac, it's, They'll Organizations: Zillow, Fed Locations: Chevron

☆ Mortgage rates surge higher on Trump victory, causing housing stocks to fall
▼ + stars: | 2024-11-06 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +3 min

"The expectation among bond traders coming into the election was that rates would move higher in the event of a Trump victory and especially a red sweep. "The builder stocks are highly sensitive to mortgage rates and mortgage rate expectations. Big builders have been buying down mortgage rates for their customers, but that has been cutting into their margins. Mortgage rates don't follow the Fed, but do react to the central bank's thinking on the economy. Stronger-than-expected economic reports in September and October caused bond yields, and consequently mortgage rates, to move higher.

Persons: Donald Trump's, Matthew Graham, Horton, PulteGroup, Lowe's, John Burns, Trump, Carl Harris, Graham Organizations: Mortgage News, Trump, . Housing, John Burns Real Estate Consulting, National Association of Home Builders, Federal Reserve, National Association of Realtors Locations: U.S, D.R

☆ Singapore startup Profile Print uses AI to check ingredient quality
▼ + stars: | 2024-11-06 | by ( ) www.cnbc.com time to read: +1 min

You can typically imagine a two to three round process between a buyer and a seller," Profile Print founder and CEO Alan Lai told "CNBC Tech: The Edge." "Profile Print digitalizes food ingredients, so that buyers and sellers no longer need to ship samples physically," Lai added. Using its patented digital fingerprint technology, Profile Print quickly analyzes the identity and quality of ingredients. In 2024, Profile Print signed agreements with Brazil's two largest coffee manufacturers, as well as Instituto CNA, a government-backed institution representing Brazil's agricultural sectors. Watch Alan Lai demonstrate Profile Print's technology in the video above.

Persons: Alan Lai, Lai Organizations: CNBC Tech, Instituto CNA Locations: Singapore

☆ US stocks rally as investors brace for presidential election outcome
▼ + stars: | 2024-11-05 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +2 min

New York CNN —US stocks rallied Tuesday as Wall Street awaited the results of a closely contested presidential race. “While it’s still anyone’s call on where the chips will fall on the election, putting it behind in either direction is a relief.”Historically, stocks have often risen on Election Day. This marks the sixth-straight Election Day gain for the S&P 500 and Nasdaq. “With Election Day finally here, expect more market volatility, particularly if the wait for a result is long or contested. Just two days after Election Day, the Federal Reserve will announce its latest interest rate decision, the first since cutting rates by half a point.

Persons: Dow, ”, Louis Navellier, Kamala Harris, Donald Trump, Joe Biden, George W, Bush, Al Gore, Adam Turnquist, Gore, ” Turnquist Organizations: New, New York CNN, Nasdaq, Navellier, Associates, LPL, Federal Reserve Locations: New York

☆ Investors are better off keeping politics at the polls. Here’s why
▼ + stars: | 2024-11-05 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +4 min

Still, investors don’t appear to be letting their jitters get to them — at least not entirely. “Valuations at the market level and individual stock level are always the key to long-term performance. You may have a lot of noise in the short term, but for long-term investors, it’s always going to be all about valuation,” he said. An election year analysis from Danny Noonan at Morningstar Wealth found that investors are significantly better off in the long run if they ignore politics. For investors, that suggests the best strategy may be to keep calm, trade on — and leave the politics at the polling place.

Persons: ”, Keith Lerner, Wall, Helene, Milton, Lerner, Kamala Harris, Donald Trump, Brent Schutte, Dave Sekera, it’s, Danny Noonan, Noonan Organizations: New, New York CNN, Federal Reserve, Northwestern Mutual Wealth Management Company, Morningstar, Morningstar Wealth, Democrat, Republican, they’d Locations: New York, United States

☆ Trump Media loses $19.2 million in third quarter, surprise Election Day filing reveals
▼ + stars: | 2024-11-05 | by ( Fred Imbert | ) www.cnbc.com time to read: +1 min

Republican presidential nominee and former U.S. President Donald Trump speaks at a campaign town hall meeting in Lancaster, Pennsylvania, on Oct. 20, 2024. The filing was not telegraphed to investors beforehand and came as a surprise to traders not expecting it on Election Day, the very day the former president and Trump Media majority owner squares off against Vice President Kamala Harris. Trump Media, which trades under the ticker DJT, has seen volatile trading lately. Trump Media also reported about $2.6 million in revenue and a net loss of $363 million for the first nine months of 2024. Trump Media is continuing to "explore additional possibilities for growth."

Persons: Donald Trump, Donald Trump's, Kamala Harris, Devin Nunes, CNBC's Kevin Breuninger Organizations: Trump Media, Revenue, Company Locations: Lancaster , Pennsylvania

☆ Trump Media shares gain on Election Day as traders bet potential GOP candidate win will boost business
▼ + stars: | 2024-11-05 | by ( Fred Imbert | ) www.cnbc.com time to read: +1 min

Republican presidential nominee and former U.S. President Donald Trump reacts at a rally in Las Vegas, Nevada, U.S. September 13, 2024. Shares of Trump Media & Technology rose on Election Day Tuesday, with traders betting a second Trump presidency would give the business prospects of the Truth Social operator a boost. Year to date, Trump Media, which is majority-owned by Trump, has nearly doubled. However, it has struggled recently, as Vice President Kamala Harris appeared to gain momentum heading into Election Day. Trump Media shares have seen huge retail trader inflows in the week's leading up to the election and has been the most-discussed stock on Reddit page WallStreetBets, which gained popularity during the GameStop fueled stock meme fad of 2021.

Persons: Donald Trump, Donald Trump's, Trump, Kamala Harris, Jay Woods, Woods, Harris, Kevin Breuninger, Alex Harring Organizations: Republican, Wall, Trump Media & Technology, Trump Media, Trump, Gamestop, Freedom Capital, CNBC, GameStop, NBC Locations: Las Vegas , Nevada, U.S

☆ Watch Tuesday's full episode of Fast Money — November 5, 2024
▼ + stars: | 2024-11-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch Tuesday's full episode of Fast Money — November 5, 2024"Fast Money" is America's post-market show. Hosted by Melissa Lee and a roundtable of top traders, "Fast Money" breaks through the noise of the day, to bring you the actionable news that matters most to investors.

Persons: Melissa Lee

☆ The trader guide to the election: Which stocks Wall Street expects to benefit under Trump or Harris
▼ + stars: | 2024-11-05 | by ( Fred Imbert | ) www.cnbc.com time to read: +10 min

Generally, a Trump win is seen as positive for financials given a higher likelihood of deregulation for companies in the space. Traditional oil and gas names are also likely to benefit under a second Trump presidency. One is made up of stocks that benefit after a Harris win; the other would outperform under a second Trump presidency. However, a Harris win is expected to keep current regulation measures in place, and possibly introduce new ones. Private equity giants KKR and Blackstone would also benefit under a Trump win.

Persons: Kamala Harris, Donald Trump, Paul Gallant, Cowen, Gallant, Harris, Goldman Sachs, Daniel Clifton, Strategas, Andrew Garthwaite, Trump, Garthwaite, TAN, we've, Biden, Wells, Ike Boruchow, Boruchow, —, Russell, Joe Biden, Morgan Stanley, Crypto, isn't, Nic Puckrin, bitcoin, Marcelli, Financials, Wolfe, Chris Senyek, Lazard Organizations: Congress, U.S ., Trump, U.S . Trump, GOP, Democratic, CNBC Pro, Wall, Strategas, Enterprise, of America, Ford, UBS, Apple, Enphase Energy, Technologies Enphase, Exxon Mobil, Chevron, Trump Media & Technology, Trump Media, Cadence Bank, Viking Therapeutics, Bureau, CNBC, Wolfe Research, Lazard, Private, KKR, Blackstone, Evercore Locations: Washington, of America Cleveland, Cleveland, China

☆ Markets’ post-election set-up
▼ + stars: | 2024-11-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarkets’ post-election set-upPeter Boockvar, Bleakley Financial Group CIO, joins 'Fast Money' with the traders to discuss the market big picture ahead of the election.

Persons: Peter Boockvar Organizations: Bleakley Financial

☆ Watch Tuesday's full episode of Mad Money with Jim Cramer — November 5, 2024
▼ + stars: | 2024-11-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch Tuesday's full episode of Mad Money with Jim Cramer — November 5, 2024"Mad Money" host and former hedge fund manager, Jim Cramer, provides stock traders with all manner of investing advice.

Persons: Jim Cramer —, Jim Cramer

☆ Watch how bank, energy and retail stocks trade for Trump/Harris election clues
▼ + stars: | 2024-11-05 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

The U.S. presidential election takes place Tuesday as an ultra-tight campaign season ends. Under a Harris victory, Morgan Stanley sees retailers and clean energy stocks outperforming as the threat of higher tariffs lifts. Investors can keep track of these sectors through two ETFs: the SPDR S & P Retail ETF (XRT) and the Invesco Solar ETF (TAN) . ETFs tracking financials and the fossil fuel producers include the Financials Select Sector SPDR Fund (XLF) and the Energy Select Sector SPDR Fund (XLE) . XLF XLE YTD mountain XLF and XLE year to date These funds could also see sharp moves as exit polls and election results are reported, if they show one candidate pulling ahead.

Persons: It's, Kamala Harris, Donald Trump, Harris, Trump, Morgan Stanley, XRT, TAN, Wolfe, cryptocurrency, XLF, XLE, Bernstein Organizations: U.S, NBC, Wolfe Research, P Retail, Trump, Energy, eBay, EBAY

☆ Asia-Pacific markets set to trade mixed as investors eye Fed and RBA rate decision
▼ + stars: | 2024-11-05 | by ( Lee Ying Shan | ) www.cnbc.com time to read: 1 min

Asia-Pacific markets are set to trade mixed on Tuesday as investors prepared for the U.S. presidential election and a possible interest rate cut from the Federal Reserve later this week. Hong Kong's Hang Seng index futures were at 20,658, slightly higher than the HSI's last close of 20,567.52. Australia's S&P/ASX 200 slid 0.32% as traders keep an eye on the upcoming central bank rate decision. Analysts at HSBC and the Commonwealth Bank of Australia expect the Reserve Bank of Australia to leave the cash rate unchanged. South Korea's consumer inflation in October rose 1.3% from a year ago, slightly cooler than Reuters' expectations of 1.4%.

Persons: Australia's Organizations: U.S, Federal Reserve, Nikkei, HSBC, Commonwealth Bank of Australia, Bank of Australia Locations: Asia, Pacific, Chicago, Osaka

☆ Trump’s social media stock spikes as America goes to the polls
▼ + stars: | 2024-11-05 | by ( Matt Egan | ) edition.cnn.com time to read: +2 min

Shares of Truth Social owner Trump Media & Technology Group spiked 13% on Tuesday morning. Trump Media is losing money and generates very little revenue. Its main product, conservative social network Truth Social, remains tiny. Trump Media, which trades under the stock ticker symbol “DJT,” has plenty at stake. If Trump loses the election, Trump Media has little to fall back on.

Persons: Donald Trump’s, Trump, bitcoin, Matthew Tuttle, It’s, ” Tuttle, ”, it’s, Gene Munster, I’m Organizations: New, New York CNN, Social, Trump Media & Technology Group, Traders, Trump Media, Trump Trade, Geo Group, White, Tuttle Capital Management, CNN, Paramount Global, CBS, Venture, Trump Locations: New York, Trump’s

☆ European markets set for lackluster open as traders focus on U.S. Election Day
▼ + stars: | 2024-11-05 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

European stocks are heading for a lackluster start to the trading day as global markets gear up for the U.S. presidential election Tuesday, with the vote too close to call between former President Donald Trump and current Vice President Kamala Harris. The U.K.'s FTSE 100 index is expected to open 15 points lower at 8,177, Germany's DAX down 12 points at 19,149, France's CAC down 1 point at 7,374 and Italy's FTSE MIB up 73 points at 34,358, according to data from IG. Earnings are set to come from Saudi Aramco, Adecco, Schaeffler, Deutsche Post DHL, Zalando, Hugo Boss, Bouygues, Ørsted, Vestas Wind and Fresenius Medical Care. Market attention will be focused on which party dominates Congress as a result of the U.S. election, given that a sweep by Republicans or Democrats could contribute to drastic spending changes or a big revamp of tax policy. Follow CNBC's 2024 election live blog here.

Persons: Donald Trump, Kamala Harris, Germany's DAX, Hugo Boss, Bouygues, Ørsted Organizations: U.S, France's CAC, IG, Saudi Aramco, Adecco, Deutsche Post DHL, Zalando, Fresenius, Republicans Locations: Saudi

☆ U.S. dollar is little changed Tuesday night as presidential election winds down
▼ + stars: | 2024-11-05 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +1 min

The U.S. dollar was little changed against other global currencies on Tuesday evening as voting began to wind down in the presidential election. The foreign exchange market could be one of the first areas of the financial system to react as election results roll in. Traders generally expect that a strong night for former President Donald Trump and Republicans in Congress could push the greenback higher. The dollar has generally strengthened in the runup to Election Day. The ICE U.S. Dollar Index rose more than 3% in October, though it has dipped in recent days.

Persons: David Zervos, Donald Trump, Paul Christopher Organizations: U.S, greenback, U.S ., Jefferies, Traders, Republicans, Wells, Investment Institute, ICE Locations: Mexican, U.S

☆ Watch CNBC’s full interview with ARK Invest CEO Cathie Wood
▼ + stars: | 2024-11-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with ARK Invest CEO Cathie WoodCathie Wood, ARK Invest CEO, chief investment officer & founder, joins 'Fast Money' with the traders to discuss what the election means for Big Tech and growth stocks.

Persons: Cathie Wood Organizations: ARK, ARK Invest, Big Tech

☆ Bitcoin drifts near $69,000 on election night as crypto investors see choppy trading ahead
▼ + stars: | 2024-11-05 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

It is currently 5% off its all-time high, after trading near it last week. Stocks tied to the price of the cryptocurrency got a boost in earlier trading during regular stock market hours. Investors are expecting bitcoin trading to be choppy until a clear winner is declared. "Expect bitcoin – and crypto more broadly – to be choppy in the days ahead … until we have definitive election results." "For now, everyone we've spoken to is keeping their powder dry," said James Davies, CEO at crypto futures and options trading platform Crypto Valley Exchange.

Persons: bitcoin, Stocks, Kamala Harris, Donald Trump, Ryan Rasmussen, Rasmussen, Harris, Julio Moreno, James Davies, I've Organizations: U.S, Metrics, Investors, Bitwise Asset Management, Trump, Federal

S&P 500 futures ticked up 0.1% and Nasdaq 100 futures were flat. Goldman Sachs predicts that a Trump win and Republican sweep of Congress would spark a 3% pop in the S&P 500. Even a Trump win and a divided Congress would cause about a 1.5% gain, the bank predicts. On the other hand, a Harris win with a divided Congress would cause a 1.5% drop in the S&P 500, the bank told its clients. The stock market staged a broad rally Tuesday before the election results were in with the S&P 500 gaining 1.2%, bringing the benchmark's 2024 gains to more than 21%.

Persons: Donald Trump, Kamala Harris, Goldman Sachs, Harris, Trump, Jason Trennert, Dow Organizations: New York Stock Exchange, Stock, Futures, Dow Jones, Nasdaq, America, Investors, Republican, Democratic, Trump, Traders Locations: Kentucky, Indiana

☆ Treasury yields little changed as the U.S. prepares to vote
▼ + stars: | 2024-11-05 | by ( Sawdah Bhaimiya | ) www.cnbc.com time to read: +1 min

One basis point is equivalent to 0.01%. ET the 10-year Treasury yield was down by less than one basis point to 4.3029%. The yield on the 2-year Treasury was also less than one basis points lower at 4.1681%. U.S. Treasury yields were little changed on Tuesday as investors readied themselves for the presidential election. The U.S. will head to the polls on Tuesday for the hotly anticipated presidential election.

Persons: Kamala Harris, Donald Trump, Dow Jones Organizations: Treasury, U.S, NBC, PMI, Census, Federal Reserve, Traders Locations: U.S, Washington

Search resuls for: "" Traders"

25 mentions found