Stock Market News for Apr 24, 2024

Zacks04-24

U.S. stocks closed higher for the second straight session on Tuesday, powered by a tech rally as a batch of solid corporate earnings overshadowed concerns over higher interest rates. All three major ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2429450291?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/Ahf7n8jZDwWDHw.FzMCozA--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/5c556181e5bfb0d6c6432454ad2defb5","is_english":true,"pubTime":"2024-04-24 21:31","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2429450291","market":"us","top_or_hot":-1,"title":"Stock Market News for Apr 24, 2024","media":"Zacks","content":"<div>\n<p>U.S. stocks closed higher for the second straight session on Tuesday, powered by a tech rally as a batch of solid corporate earnings overshadowed concerns over higher interest rates. All three major ...</p>\n\n<a href=\"https://finance.yahoo.com/news/stock-market-news-apr-24-133100561.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Market News for Apr 24, 2024</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Market News for Apr 24, 2024\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-24 21:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/stock-market-news-apr-24-133100561.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S. stocks closed higher for the second straight session on Tuesday, powered by a tech rally as a batch of solid corporate earnings overshadowed concerns over higher interest rates. All three major ...</p>\n\n<a href=\"https://finance.yahoo.com/news/stock-market-news-apr-24-133100561.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4574","symbol_name":"无人驾驶","start_time":0,"source_url":"https://finance.yahoo.com/news/stock-market-news-apr-24-133100561.html","article_id":"2429450291","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/Ahf7n8jZDwWDHw.FzMCozA--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/5c556181e5bfb0d6c6432454ad2defb5"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2429450291","pubTimestamp":1713965460,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"U.S. stocks closed higher for the second straight session on Tuesday, powered by a tech rally as a batch of solid corporate earnings overshadowed concerns over higher interest rates. All three major indexes ended in positive territory.The Dow Jones Industrial Average  climbed 0.7% or 263.71 points to end at 38,503.69 points to close in the green for the fourth straight session, its longest winning streak since Mar 21.The S&P 500 jumped 1.2% or 59.95 points, to finish at 5,070.55 points, registering its biggest daily gain in more than two months. Tech, industrials and communication services stocks were the best performers.The Technology Select Sector SPDR  gained 1.5%, while the Communication Services Select Sector SPDR  advanced 1.6%. The Industrials Select Sector SPDR  climbed 1.4% and the Consumer Discretionary Select Sector SPDR  gained 1.2%. Ten of the 11 sectors of the benchmark index ended in positive territory.The tech-heavy Nasdaq gained 1.6% or 245.33 points to close at 15,696","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4574":"无人驾驶","SDS":"两倍做空标普500ETF","LU1201861165.SGD":"Natixis Harris Associates Global Equity PA SGD","BK4561":"索罗斯持仓","GM":"通用汽车","LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","VOO":"Vanguard标普500ETF","BK4581":"高盛持仓","SPXU":"三倍做空标普500ETF","BK4504":"桥水持仓","XLC":"Communication Services Select Sector SPDR Fund","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","SPGI":"标普全球","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","BK4099":"汽车制造商","UPRO":"三倍做多标普500ETF","SPY":"标普500ETF","LMT":"洛克希德马丁","OEF":"标普100指数ETF-iShares","BK4516":"特朗普概念","LU0208291251.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) INC","XLI":"工业指数ETF-SPDR","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","PEP":"百事可乐","BK4564":"太空概念","BK4187":"航天航空与国防","XLK":"高科技指数ETF-SPDR","IVV":"标普500指数ETF","BK4177":"软饮料","BK4585":"ETF&股票定投概念","LU0234572021.USD":"高盛美国核心股票组合Acc","BK4571":"数字音乐概念",".SPX":"S&P 500 Index","OEX":"标普100","BK4555":"新能源车","LU1244550577.SGD":"FTIF - Franklin Global Multi-Asset Income A (Mdis) SGD-H1","SPOT":"Spotify Technology S.A.","BK4566":"资本集团","LU0320765489.SGD":"FTIF - Franklin Mutual US Value A Acc SGD","LU0006061336.USD":"Blackrock US Small and MidCap Opportunities A2 USD","LU0648000940.SGD":"Natixis Harris Associates Global Equity RA SGD","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","LU0070302665.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) ACC","BK4559":"巴菲特持仓","XLY":"消费品指数ETF-SPDR可选消费品","SSO":"两倍做多标普500ETF","BK4550":"红杉资本持仓","BK4588":"碎股","LU1244550221.USD":"FRANKLIN GLOBAL MULTI-ASSET  INCOME \"A\" (USDHEDGED) INC (M)","SH":"标普500反向ETF"},"translate_title":"2024年4月24日股市新闻","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XLY":1,"GM":1,"LMT":1,"PEP":1,"XLC":1,"XLI":1,"XLK":1,"SPOT":0.9,"SPGI":0.9,"VOO":0.65,"SPY":0.65,"OEF":0.6,"OEX":0.6,"SDS":0.6,"SH":0.6,"SPXU":0.6,"SSO":0.6,"UPRO":0.6,"ESmain":0.6,"IVV":0.6,".SPX":0.6},"content_text":"U.S. stocks closed higher for the second straight session on Tuesday, powered by a tech rally as a batch of solid corporate earnings overshadowed concerns over higher interest rates. All three major indexes ended in positive territory.\nHow Did The Benchmarks Perform?\nThe Dow Jones Industrial Average (DJI) climbed 0.7% or 263.71 points to end at 38,503.69 points to close in the green for the fourth straight session, its longest winning streak since Mar 21.\nThe S&P 500 jumped 1.2% or 59.95 points, to finish at 5,070.55 points, registering its biggest daily gain in more than two months. Tech, industrials and communication services stocks were the best performers.\nThe Technology Select Sector SPDR (XLK) gained 1.5%, while the Communication Services Select Sector SPDR (XLC) advanced 1.6%. The Industrials Select Sector SPDR (XLI) climbed 1.4% and the Consumer Discretionary Select Sector SPDR (XLY) gained 1.2%. Ten of the 11 sectors of the benchmark index ended in positive territory.\nThe tech-heavy Nasdaq gained 1.6% or 245.33 points to close at 15,696.64 points, recording its biggest daily percentage gain since Apr 11.\nThe fear-gauge CBOE Volatility Index (VIX) was down 7.38% to 15.69. Advancers outnumbered decliners on the NYSE by a 4.89-to-1 ratio. On Nasdaq, a 2.69-to-1 ratio favored advancing issues. A total of 10.57 billion shares were traded on Tuesday, lower than the last 20-session average of 11.07 billion.\nSolid Earnings Help Stocks Bounce Back\nStocks tried to bounce back on Tuesday from the losses suffered last week that saw the S&P 500 recording its worst week since March 2023. A strong batch of corporate earnings saw investors regaining their lost confidence as they kept aside the concerns over rate cut worries and the recent geopolitical tensions in the Middle East.\nAmong the major companies reporting earnings on Tuesday, Spotify Technology S.A. (SPOT) came up with first-quarter 2024 earnings of $1.05 per share, beating the Zacks Consensus Estimate of $0.63 per share. Shares of Spotify jumped 11.4%. Spotify has a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.\nShares of General Motors Company (GM) gained 4.4% after the company reported first-quarter 2024 adjusted earnings of $2.62 per share, surpassing the Zacks Consensus Estimate of $2.08 per share.\nPepsiCo, Inc. (PEP) reported quarterly earnings of $1.61 per share, beating the Zacks Consensus Estimate of $1.52 per share. However, the company’s shares ended 3% lower following the results.\nShares of Lockheed Martin Corporation (LMT) also ended 0.3% lower despite the company reporting first-quarter 2024 earnings of $6.33 per share, which beat the Zacks Consensus Estimate of $5.80 per share.\nAround 20% of the S&P 500 companies have already reported their quarterly results among which 76% have beaten analysts’ expectations.\nThe 2-year Treasury yield also fell 4.7 basis points on Tuesday to 4.92%.\nInvestors are looking forward to quarterly reports from more companies over the week. They are also awaiting the key personal consumption expenditure (PCE) report that is due on Friday.\nEconomic Data\nData released on Tuesday showed that the manufacturing sector hit a four-month low with the S&P Global Flash U.S. manufacturing PMI coming up with a reading of 49.9, down from March’s reading of 51.9.\nIn other economic data, U.S. new home sales jumped 8.8% in March to a seasonally adjusted annual rate of 693,000 units, its highest level since September 2023.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nLockheed Martin Corporation (LMT) : Free Stock Analysis Report\nPepsiCo, Inc. (PEP) : Free Stock Analysis Report\nGeneral Motors Company (GM) : Free Stock Analysis Report\nSpotify Technology (SPOT) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2429450291"}