Stock Market News for Nov 14, 2024

Zacks11-14

U.S. stock markets closed mixed on Wednesday as post-election rally shows signs of uncertainty. A key inflation data of October was in line with expectations. Third-quarter earnings results remained ...

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Third-quarter earnings results remained ...</p>\n\n<a href=\"https://finance.yahoo.com/news/stock-market-news-nov-14-080600636.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 14, 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 14, 2024\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-14 16:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/stock-market-news-nov-14-080600636.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S. stock markets closed mixed on Wednesday as post-election rally shows signs of uncertainty.  A key inflation data of October was in line with expectations. Third-quarter earnings results remained ...</p>\n\n<a href=\"https://finance.yahoo.com/news/stock-market-news-nov-14-080600636.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":"XLRE","symbol_name":"Real Estate Select Sector SPDR Fund","start_time":0,"source_url":"https://finance.yahoo.com/news/stock-market-news-nov-14-080600636.html","article_id":"2483823458","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/lf1301Dwfa91OF.pfyLOmw--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/084cd935920df2dd41ede2f062f93beb"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2483823458","pubTimestamp":1731571560,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"U.S. stock markets closed mixed on Wednesday as post-election rally shows signs of uncertainty. A key inflation data of October was in line with expectations. Third-quarter earnings results remained strong. The Dow and the S&P 500 ended in positive territory while the Nasdaq Composite finished in negative zone.The Dow Jones Industrial Average  rose 0.1% to close at 43,958.19. At intraday high, the blue-chip index was up more than 230 points. Notably, 18 components of the 30-stock index ended in positive territory while 12 in negative zone. The tech-heavy Nasdaq Composite finished at 19,230.72, sliding 0.3% due to weak performance by corporate giants.The S&P 500 up 1.39 points to finish at 5,985.38. Eight out of 11 broad sectors of the broad-market index ended in positive territory while three in negative zone. 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Third-quarter earnings results remained strong. The Dow and the S&P 500 ended in positive territory while the Nasdaq Composite finished in negative zone.\nHow Did The Benchmarks Perform?\nThe Dow Jones Industrial Average (DJI) rose 0.1% to close at 43,958.19. At intraday high, the blue-chip index was up more than 230 points. Notably, 18 components of the 30-stock index ended in positive territory while 12 in negative zone. The tech-heavy Nasdaq Composite finished at 19,230.72, sliding 0.3% due to weak performance by corporate giants. \nThe S&P 500 up 1.39 points to finish at 5,985.38. Eight out of 11 broad sectors of the broad-market index ended in positive territory while three in negative zone. The Consumer Discretionary Select Sector SPDR (XLY), the Real Estate Select Sector SPDR (XLRE) and the Energy Select Sector SPDR (XLE) advanced 0.9%, 0.8% and 0.8%, respectively.\nThe fear-gauge CBOE Volatility Index (VIX) was down 6.7% to 14.02. A total of 16.49 billion shares were traded on Wednesday, higher than the last 20-session average of 13.46 billion. Decliners outnumbered advancers on the NYSE by a 1.41-to-1 ratio. On Nasdaq, a 1.95-to-1 ratio favored declining issues. \nOctober CPI In Line With Expectations \nThe Department of Labor reported that consumer price index (CPI) for October increased 0.2%, in line with the consensus estimate and the metric of September. Year over year, CPI increased 2.6% in October compared with 2.4% in September. In October, inflation-adjusted average hourly earnings for workers increased 0.1% month-over-month and 1.4% year-over-year. \nThe core CPI (excluding volatile food and energy items) for October increased 0.3%, in line with the consensus estimate and the metric of September. Year over year, CPI increased 3.3% in October, remained same with September metric. For the month of October, the three-month annualized rate for core CPI rose to 3.6% compared with 3.1% of the prior three-months. The six-month annualized rate remained same at 3.3%.\nFollowing the release of the October CPI/core CPI data, the CME FedWatch interest rate derivative tool shows an overwhelming 83% probability that the Fed will reduce the benchmark lending rate by another 25 basis-points in December. Just a day ago, this probability was less than 60%. This means, market participants are expecting a full 1% rate cut in 2024.\nThird-Quarter 2024 Earnings \nGriffon Corp. GFF came out with fourth-quarter fiscal 2024 earnings of $1.47 per share, beating the Zacks Consensus Estimate of $1.21 per share. The company posted quarterly revenues of $659.67 million, surpassing the Zacks Consensus Estimate by 2.75%.\nArcos Dorados Holdings inc. ARCO came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of $0.16 per share. The company posted quarterly revenues of $1.13 billion, surpassing the Zacks Consensus Estimate by 3.97%.\nConsequently, stock prices of Griffon and Arcos Dorados jumped 18.2% and 2.4%, respectively. Griffon currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank stocks here.\nEconomic Data\nU.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 2.1 million barrels from the week ended Nov 1.\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\nArcos Dorados Holdings Inc. (ARCO) : Free Stock Analysis Report\nGriffon Corporation (GFF) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","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":"4.29.3","shortVersion":"4.29.3","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/2483823458"}