Stock Market News for Nov 11, 2024

Zacks11-11

U.S. stock markets closed higher on Friday maintaining the impressive rally of the previous four days. Market participants remained bullish after Trump’s presidential race win and interest rate cut by...

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Market participants remained bullish after Trump’s presidential race win and interest rate cut by...</p>\n\n<a href=\"https://finance.yahoo.com/news/stock-market-news-nov-11-122100606.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 Nov 11, 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 Nov 11, 2024\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-11 20:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/stock-market-news-nov-11-122100606.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S. stock markets closed higher on Friday maintaining the impressive rally of the previous four days. Market participants remained bullish after Trump’s presidential race win and interest rate cut by...</p>\n\n<a href=\"https://finance.yahoo.com/news/stock-market-news-nov-11-122100606.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":"SSO","symbol_name":"两倍做多标普500ETF","start_time":0,"source_url":"https://finance.yahoo.com/news/stock-market-news-nov-11-122100606.html","article_id":"2482784955","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/qeFvScKoRi0oI3qxlRz5KQ--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/78e153946d108f11fb768ee550d36568"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2482784955","pubTimestamp":1731327660,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"U.S. stock markets closed higher on Friday maintaining the impressive rally of the previous four days. Market participants remained bullish after Trump’s presidential race win and interest rate cut by the Fed for two consecutive FOMC meetings. Third-quarter earnings results also boosted investors’ confidence. All three major stock indexes ended in positive territory. For the week, these indexes also closed in positive zone.The Dow Jones Industrial Average  rose 0.6% or 259.65 points to close at 43,988.99, marking its fresh closing high. In intraday trade, the blue-chip index crossed 44,000 for the first time in history hitting 44,157.29. Notably, 21 components of the 30-stock index ended in positive territory while 9 in negative zone.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"SSO":"两倍做多标普500ETF","SH":"标普500反向ETF","XLF":"金融ETF","LU0079474960.USD":"联博美国增长基金A","LU2106854487.HKD":"ALLIANZ THEMATICA \"AMG\" (HKD) INC","SPXU":"三倍做空标普500ETF","IE0008368304.USD":"STEWART INVESTORS WORLDWIDE LEADERS SUSTAINABILITY FUND \"I\" (USD) ACC","BK4539":"次新股","COMP":"Compass, Inc.","BK4532":"文艺复兴科技持仓","LU2023250504.SGD":"Allianz Thematica Cl AMg DIS H2-SGD","LU2023250843.SGD":"Allianz Thematica Cl AT Acc H2-SGD","XLP":"消费品指数ETF-SPDR主要消费品","SPY":"标普500ETF","BK4588":"碎股","BK4534":"瑞士信贷持仓","XLRE":"Real Estate Select Sector SPDR Fund","OEF":"标普100指数ETF-iShares","VOO":"Vanguard标普500ETF","IVV":"标普500指数ETF","XLU":"公共事业指数ETF-SPDR",".SPX":"S&P 500 Index","OEX":"标普100","BK4559":"巴菲特持仓","SDS":"两倍做空标普500ETF","XLY":"消费品指数ETF-SPDR可选消费品","BK4550":"红杉资本持仓","BK4585":"ETF&股票定投概念","UPRO":"三倍做多标普500ETF","LU2286300806.USD":"Allianz Cyber Security AT Acc USD","FTNT":"飞塔信息","BK4561":"索罗斯持仓","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","BK4097":"系统软件","BK4079":"房地产服务","LU1974910355.USD":"Allianz Thematica Cl AMg DIS USD","BK4504":"桥水持仓","BK4581":"高盛持仓","BK4560":"网络安全概念","LU1917777945.USD":"安联专题基金Cl AT Acc"},"translate_title":"2024年11月11日股市新闻","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XLY":1,"XLU":1,"XLRE":1,"XLP":1,"XLF":1,"FTNT":1,"US12M.BOND":0.9,"US10Y.BOND":0.9,"COMP":0.9,"US2Y.BOND":0.9,"US30Y.BOND":0.9,"US3Y.BOND":0.9,"US5Y.BOND":0.9,"US6M.BOND":0.9,"US7Y.BOND":0.9,"VOO":0.66,"SPY":0.66,"UPRO":0.6,"SSO":0.6,"SPXU":0.6,"SH":0.6,"SDS":0.6,"OEX":0.6,"OEF":0.6,"ESmain":0.6,"IVV":0.6,".SPX":0.6},"content_text":"U.S. stock markets closed higher on Friday maintaining the impressive rally of the previous four days. Market participants remained bullish after Trump’s presidential race win and interest rate cut by the Fed for two consecutive FOMC meetings. Third-quarter earnings results also boosted investors’ confidence. All three major stock indexes ended in positive territory. For the week, these indexes also closed in positive zone. \nHow Did The Benchmarks Perform?\nThe Dow Jones Industrial Average (DJI) rose 0.6% or 259.65 points to close at 43,988.99, marking its fresh closing high. In intraday trade, the blue-chip index crossed 44,000 for the first time in history hitting 44,157.29. Notably, 21 components of the 30-stock index ended in positive territory while 9 in negative zone. \nThe tech-heavy Nasdaq Composite finished at 19,286.78, rising 0.1% due to strong performance by technology giants. In intraday trading, the tech-laden index posted an all-time high at 19,318.56. The major gainer of the tech-laden index was Fortinet Inc. FTNT. Stock price of the network security service provider jumped 10%. Fortinet currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.The S&P 500 rose 0.4% to finish at 5,995.54. In intraday trade, Wall Street’s benchmark crossed 6,000 for the first time in history hitting 6,012.45. Eight out of 11 broad sectors of the broad-market index ended in positive territory while three in negative zone. \nThe Utilities Select Sector SPDR (XLU), the Real Estate Select Sector SPDR (XLRE), the Financials Select Sector SPDR (XLF), the Consumer Discretionary Select Sector SPDR (XLY) and the Consumer Staples Select Sector SPDR (XLP) increased 1.9%, 1.7%, 1.1%, 1.4% and 1.2%, respectively.The fear-gauge CBOE Volatility Index (VIX) was down 1.7% to 14.94.\nSeveral Positive Catalysts\nThe resounding victory of Donald Trump as the 47th president of the United States of America boosted market participants’ confidence on U.S. stocks. Trump’s protectionist policies, to strengthen U.S. industries, especially the manufacturing sector bodes well for investors. \nThe Federal Reserve’s low-interest rate policy, in which the central bank reduced the Fed fund rate by 75 basis points between September and November also seen significantly favorable for economic as well as stock markets growth. \nBetter-than-expected earnings results for third-quarter 2024, strong fundamentals of the U. S. economy, climbing U.S. dollar-index price and stable oil price also bolstered investors’ sentiments.\nEconomic Data\nThe University of Michigan reported the preliminary data of consumer sentiment for November came in at 73, beating the consensus estimate of 71. The final reading of October was 70.5. The sub-index for current economic condition was 64.4 compared with 64.9 in October. Sub-index for consumer expectations as 78.5 compared with 74.1 in October. \nWeekly Roundup \nLast week was an astonishing one for Wall Street. The three major stock indexes – the Dow, the S&P 500 and the Nasdaq Composite – rallied 4.6%, 4.7% and 5.7%, respectively. Moreover, the small-cap benchmark – the Russell 2000 – also advanced 8.6%. Both Dow and the S&P 500 recorded their best week since November 2023. The presidential election win by Donald Trump, Fed’s gradual rate cut policy, better-than-expected earnings reports boosted investors’ confidence on risky assets like equities.\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\nFortinet, Inc. (FTNT) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"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":"4.29.1","shortVersion":"4.29.1","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/2482784955"}