Stock Market News for Nov 22, 2024

Zacks11-22

U.S. stock markets closed higher on Thursday after a choppy session. Market participants have shifted from overvalued technology sectors to cyclical sectors in order to reap the benefit of a strong U....

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Market participants have shifted from overvalued technology sectors to cyclical sectors in order to reap the benefit of a strong U....</p>\n\n<a href=\"https://finance.yahoo.com/news/stock-market-news-nov-22-114400642.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 22, 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 22, 2024\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-22 19:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/stock-market-news-nov-22-114400642.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 Thursday after a choppy session. Market participants have shifted from overvalued technology sectors to cyclical sectors in order to reap the benefit of a strong U....</p>\n\n<a href=\"https://finance.yahoo.com/news/stock-market-news-nov-22-114400642.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":"SGXZ23171101.USD","symbol_name":"NIKKO AM SHENTON GLOBAL OPPORTUNITIES (USD) ACC","start_time":0,"source_url":"https://finance.yahoo.com/news/stock-market-news-nov-22-114400642.html","article_id":"2485618263","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/2mGI_S6qhhNb1EkFoKK9_Q--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/757f76feeaf52784732664d550ccf407"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2485618263","pubTimestamp":1732275840,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"U.S. stock markets closed higher on Thursday after a choppy session. Market participants have shifted from overvalued technology sectors to cyclical sectors in order to reap the benefit of a strong U.S. economy. Third-quarter 2024 earnings results remained solid. All three major stock indexes ended in positive territory.The Dow Jones Industrial Average  surged 1.1% or 461.88 points to close at 43,870.35. At intraday high, the blue-chip index was up more than 600 points. Notably, 22 components of the 30-stock index ended in positive territory while 8 in negative zone.Snowflake Inc. SNOW came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.25 per share a year ago. These figures are adjusted for non-recurring items. The company posted quarterly revenues of $942.09 million, surpassing the Zacks Consensus Estimate by 4.82%. This compares to year-ago revenues of $734.17 million.Consequently, stock prices","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"SGXZ23171101.USD":"NIKKO AM SHENTON GLOBAL OPPORTUNITIES (USD) ACC","XLB":"材料ETF","LU0312595415.SGD":"Schroder ISF Global Climate Change Equity A Acc SGD","SNOW":"Snowflake","BK4561":"索罗斯持仓","BK4155":"大卖场与超市","BK4503":"景林资产持仓","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","XLF":"金融ETF","LU0471298777.SGD":"Blackrock Nutrition A2 SGD-H","BK4550":"红杉资本持仓","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU2023250843.SGD":"Allianz Thematica Cl AT Acc H2-SGD","BK4585":"ETF&股票定投概念","BK4532":"文艺复兴科技持仓","XLI":"工业指数ETF-SPDR","LU2106854487.HKD":"ALLIANZ THEMATICA \"AMG\" (HKD) INC","LU1951198990.SGD":"Natixis Thematics AI & Robotics Fund H-R/A SGD-H","BK4559":"巴菲特持仓","LU1989763427.SGD":"CPR Invest - Food For Generations A2 Acc SGD-H","XLK":"高科技指数ETF-SPDR","BK4116":"互联网服务与基础架构","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","BK4535":"淡马锡持仓","SG9999011175.SGD":"Nikko AM Global Dividend Equity Dis SGD-H","XLP":"消费品指数ETF-SPDR主要消费品","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","BK4548":"巴美列捷福持仓","LU2264538146.SGD":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","BK4152":"农用农业机械","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","SG9999002521.SGD":"United Global Resources A Acc SGD","XLU":"公共事业指数ETF-SPDR","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","BK4554":"元宇宙及AR概念","LU0109392836.USD":"富兰克林科技股A","BK4588":"碎股","LU1917777945.USD":"安联专题基金Cl AT Acc","LU0175139822.USD":"AB FCP I Global Equity Blend A USD","LU0889565833.HKD":"FRANKLIN TECHNOLOGY \"A\" (HKD) ACC","LU1718418525.SGD":"JPMorgan Investment Funds - Global Select Equity A (acc) SGD","LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1","LU0385154629.USD":"贝莱德营养科学基金A2","BJ":"BJ批发俱乐部","LU1923623000.USD":"Natixis Thematics AI & Robotics Fund R/A USD","LU0289960550.SGD":"AB FCP I - GLOBAL EQUITY BLEND PORTFOLIO 'A' (SGD) ACC","DE":"迪尔股份有限公司","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc"},"translate_title":"2024年11月22日股市新闻","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XLU":1,"XLP":1,"XLK":1,"XLI":1,"XLF":1,"XLB":1,"SNOW":1,"DE":1,"BJ":0.9},"content_text":"U.S. stock markets closed higher on Thursday after a choppy session. Market participants have shifted from overvalued technology sectors to cyclical sectors in order to reap the benefit of a strong U.S. economy. Third-quarter 2024 earnings results remained solid. All three major stock indexes ended in positive territory.\nHow Did The Benchmarks Perform?\nThe Dow Jones Industrial Average (DJI) surged 1.1% or 461.88 points to close at 43,870.35. At intraday high, the blue-chip index was up more than 600 points. Notably, 22 components of the 30-stock index ended in positive territory while 8 in negative zone. \nThe tech-heavy Nasdaq Composite finished at 18,972.42, gaining 6.28 points due to mixed performance by technology behemoths. At intraday high, the tech-laden index was up nearly 115 points and at intraday low, the index was down more than 252 points.The S&P 500 advanced 0.5% to finish at 5,948.17. 10 out of 11 broad sectors of the broad-market index ended in positive territory while one in negative zone. The Financials Select Sector SPDR (XLF), the Industrials Select Sector SPDR (XLI), the Materials Select Sector SPDR (XLB), the technology Select Sector SPDR (XLK), the Utilities Select Sector SPDR (XLU) and the Consumer Staples Select Sector SPDR (XLP) were up 1.3%, 1.3%, 1.2%, 1%, 1.7% and 1.1%, respectively. \nThe fear-gauge CBOE Volatility Index (VIX) was down 1.7% to 16.87. A total of 15.32 billion shares were traded on Thursday, higher than the last 20-session average of 14.55 billion. Advancers outnumbered decliners on the NYSE by a 3.17-to-1 ratio. On Nasdaq, a 1.99-to-1 ratio favored advancing issues. \nStrong Q3 2024 Earnings Results\nSnowflake Inc. SNOW came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.25 per share a year ago. These figures are adjusted for non-recurring items. The company posted quarterly revenues of $942.09 million, surpassing the Zacks Consensus Estimate by 4.82%. This compares to year-ago revenues of $734.17 million.\nDeere & Company DE reported fourth-quarter fiscal 2024 earnings of $4.55 per share, beating the Zacks Consensus Estimate of earnings of $3.90. The bottom line decreased 45% from the prior-year quarter. Net sales of equipment operations were $9.28 billion, down 32.8% year over year. Sales topped the Zacks Consensus Estimate of $9.15 billion.\nBJ's Wholesale Club Holdings Inc. BJ came out with quarterly earnings of $1.18 per share, beating the Zacks Consensus Estimate of $0.91 per share. This compares to earnings of $0.98 per share a year ago. These figures are adjusted for non-recurring items. The company posted quarterly revenues of $5.1 billion, missing the Zacks Consensus Estimate by 0.52%.\nConsequently, stock prices of Snowflake, Deere and BJ's Wholesale Club jumped 32%, 8.1% and 8.3%, respectively. BJ's Wholesale Club carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.\nEconomic Data\nThe Department of Labor reported that initial claims decreased by 6,000 to 213,000 for the week ended Nov 16, lower than the consensus estimate of 220,000. Previous week’s data was revised upward to 219,000 from 217,000 reported earlier. \nContinuing claims (those who have already received government aids and reported a week behind) increased 34,000 to 1.908 million for the week ended Nov 9. This is the highest level for insured unemployment since Nov 13, 2021. The previous week's level was revised downward by 1,000 from 1.873 million to 1.872 million.\nThe Philadelphia Manufacturing Business index came in at -5.5 in November, in contrast to a reading of +10.3 in October.\nThe Conference Board reported that Leading Indicators for the U.S. economy fell 0.4% in October, in line with the consensus estimate. The metric for September was revised upward to a decline of 0.3% from a decline of 0.5% reported earlier.\nThe National Association of Realtors reported that existing home sales increased 3.4% in October to a seasonally adjusted numbers of 3.96 million units, beating the consensus estimate of 3.91 million units. The metric posted the first annual gain since mid-2021. The metric for September was 3.84 million units.\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\nDeere & Company (DE) : Free Stock Analysis Report\nBJ's Wholesale Club Holdings, Inc. (BJ) : Free Stock Analysis Report\nSnowflake Inc. (SNOW) : 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":0},"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/2485618263"}