Starting in the US, Wall St maintained its rally as investors’ optimism for a further rate cut in December continues to grow. It is estimated that there is now around an 80% chance of a rate cut in December, sparking hopes for a continued rally into the final month of the year. The Dow Jones gained 1.43%, the S&P500 gained 0.94%, while the Nasdaq posted a 0.67% gain, as an all time high for Google parent company Alphabet was offset by a 2.6% drop for Nvidia. Europe and Asia sa...
All content for Between the Bells is the property of Bell Direct and is served directly from their servers
with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Starting in the US, Wall St maintained its rally as investors’ optimism for a further rate cut in December continues to grow. It is estimated that there is now around an 80% chance of a rate cut in December, sparking hopes for a continued rally into the final month of the year. The Dow Jones gained 1.43%, the S&P500 gained 0.94%, while the Nasdaq posted a 0.67% gain, as an all time high for Google parent company Alphabet was offset by a 2.6% drop for Nvidia. Europe and Asia sa...
Overnight in the US Wall St was a sea of red as all 3 major indexes saw sizeable declines. The Dow Jones fared the best, falling 0.53%, while the S&P500 retreated 1.17%, and the Nasdaq was hit the hardest, closing down 2.04%. The AI sector remains the most in focus as investors continue to be concerned that valuations far outweigh fundamentals - big names such as Oracle, AMD, Nvidia and Amazon all pulled back, while Palantir shares dropped 9% after releasing its quarterly results despite ...
Between the Bells
Starting in the US, Wall St maintained its rally as investors’ optimism for a further rate cut in December continues to grow. It is estimated that there is now around an 80% chance of a rate cut in December, sparking hopes for a continued rally into the final month of the year. The Dow Jones gained 1.43%, the S&P500 gained 0.94%, while the Nasdaq posted a 0.67% gain, as an all time high for Google parent company Alphabet was offset by a 2.6% drop for Nvidia. Europe and Asia sa...
