Stock Market News for Dec 5, 2024

Zacks2024-12-05

U.S. stocks rallied on Wednesday, with all three major indexes closing at record highs, following earnings results from a batch of big tech companies. Investors also eagerly looked forward to the all-...

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Investors also eagerly looked forward to the all-...</p>\n\n<a href=\"https://finance.yahoo.com/news/stock-market-news-dec-5-143300439.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":"LU1804176565.USD","symbol_name":"EASTSPRING INV GLOBAL GROWTH EQUITY \"A\" (USD) ACC","start_time":0,"source_url":"https://finance.yahoo.com/news/stock-market-news-dec-5-143300439.html","article_id":"2489146999","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/Rvh6XxUpOnszv6gkakmjCQ--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/1698dff4cad4b363da09e89db8f1622a"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2489146999","pubTimestamp":1733409180,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"U.S. stocks rallied on Wednesday, with all three major indexes closing at record highs, following earnings results from a batch of big tech companies. 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Marvell Technology reported third-quarter 2024 earnings of $0.43 per share, beating the Zacks Consensus Estimate of $0.40 per share.In economic data released on Wednesday, Automatic Data Processing, Inc.’s  National Employment Report showed that private payrolls increased by 146,000 in","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1804176565.USD":"EASTSPRING INV GLOBAL GROWTH EQUITY \"A\" (USD) ACC","LU1169589451.USD":"ALLSPRING (LUX)  U.S. SELECT EQUITY \"A\" (USD) ACC","LU1267930813.SGD":"FRANKLIN TEMPLETON SHARIAH GLOBAL EQUITY \"AS\" (SGD) ACC","LU1992135472.HKD":"ALLIANZ GLOBAL INTELLIGENT CITIES \"AT\" (HKD) ACC","LU0267386448.USD":"FIDELITY FIRST ALL COUNTRY WORLD \"A\" (USD) INC","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","BK4106":"数据处理与外包服务","BK4532":"文艺复兴科技持仓","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU1989764748.USD":"东方汇理环球颠覆性机遇A2 Acc","BK4515":"5G概念","IE00BQXX3C00.GBP":"GUINNESS GLOBAL INNOVATORS \"C\" (GBP) ACC","LU2361045086.USD":"WELLINGTON US QUALITY GROWTH \"A\" (USD) ACC","BK4534":"瑞士信贷持仓","IE00BQXX3F31.USD":"GUINNESS GLOBAL INNOVATORS \"C\" (USD) ACC","BK4567":"ESG概念","XLY":"消费品指数ETF-SPDR可选消费品","XLK":"高科技指数ETF-SPDR","LU2272731865.HKD":"ALLIANZ GLOBAL INTELLIGENT CITIES INCOME \"AM\" (HKD) INC","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","CRM":"赛富时","LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","LU0742534661.SGD":"Fidelity America A-SGD (hedged)","LU2506951958.HKD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"CRH\" (HKDHDG) INC","LU0345774391.USD":"NINETY ONE GSF AMERICAN FRANCHISE \"A\" (USD) ACC","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","BK4527":"明星科技股","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU0889566641.SGD":"FTSF - Templeton Shariah Global Equity A Acc SGD","ADP":"自动数据处理","BK4141":"半导体产品","LU0792757196.USD":"TEMPLETON SHARIAH GLOBAL EQUITY FUND \"A\" (USD) ACC","LU1169590202.USD":"ALLSPRING (LUX)  U.S. SELECT EQUITY \"I\" (USD) ACC","LU0048573561.USD":"FIDELITY AMERICA \"A\" (USD) INC","LU0082616367.USD":"摩根大通美国科技A（dist）","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","BK4561":"索罗斯持仓","LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1","LU1823568750.SGD":"Fidelity Global Technology A-ACC SGD","LU2265009873.SGD":"Eastspring Investments - Global Growth Equity AS SGD-H","MRVL":"迈威尔科技","LU0234572021.USD":"高盛美国核心股票组合Acc"},"translate_title":"2024年12月5日股市新闻","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XLY":1,"ADP":1,"MRVL":1,"XLK":1,"US6M.BOND":0.9,"US5Y.BOND":0.9,"US3Y.BOND":0.9,"US30Y.BOND":0.9,"US2Y.BOND":0.9,"CRM":0.9,"US12M.BOND":0.9,"US10Y.BOND":0.9,"US7Y.BOND":0.9},"content_text":"U.S. stocks rallied on Wednesday, with all three major indexes closing at record highs, following earnings results from a batch of big tech companies. Investors also eagerly looked forward to the all-important jobs report scheduled for Friday. \nHow Did The Benchmarks Perform?\nThe Dow Jones Industrial Average (DJI) rose 0.7% or 308.51 points, to end at 45,014.04 points and closing at a record high. \nThe S&P 500 jumped 0.6% or 36.61 points, to close at 6,086.49 points, reaching fresh record closing high. Consumer discretionary and tech stocks were the biggest gainers. \nThe Consumer Discretionary Select Sector SPDR (XLY) rose 0.9%, while the Technology Select Sector SPDR (XLK) climbed 1.8%. Six of the 11 sectors of the benchmark index ended in positive territory.\nThe tech-heavy Nasdaq advanced 1.3% or 254.21 points to finish at 19,735.12 points, hitting a new all-time closing high. \nThe fear-gauge CBOE Volatility Index (VIX) was up 1.13% to 13.45. Advancers outnumbered decliners on the NYSE by a 1.2-to-1 ratio. On the Nasdaq, a 1.23-to-1 ratio favored advancing issues. A total of 13.06 billion shares were traded on Wednesday, lower than the last 20-session average of 14.89 billion.\nTech Stocks Lead Rally after Salesforce Earnings Report\nThe Dow rebounded on Wednesday, while the S&P 500 and Nasdaq extended their gains from the earlier session as investors' confidence got a boost on robust quarterly revenues from Salesforce, Inc. (CRM). \nSalesforce posted third-quarter 2024 revenues of $9.44 billion, surpassing the Zacks Consensus Estimate of $9.33 billion. Shares of Salesforce ended 11% higher, following the announcement. Salesforce has a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.\nAlso, shares of Marvell Technology, Inc. (MRVL) surged 23.2% after the company reported earnings results. Marvell Technology reported third-quarter 2024 earnings of $0.43 per share, beating the Zacks Consensus Estimate of $0.40 per share.\nFederal Reserve Chairman Jerome Powell’s comments gave a further boost to the bullish sentiment in the market. Powell said that the economy is stronger than it appeared when the central bank announced the first rate cut in September, which will allow policymakers to be a shade more cautious when cutting rates further in the future. \nAlso, according to the Federal Reserve's Beige Book, which compiles surveys and interviews nationwide, U.S. economic activity has seen marginal growth in most areas since early October.\nInvestors are now waiting for the all-important jobs data due Friday, which will give them a clearer picture of the Fed’s future rate cut path. \nEconomic Data\nIn economic data released on Wednesday, Automatic Data Processing, Inc.’s (ADP) National Employment Report showed that private payrolls increased by 146,000 in November, lower than the downwardly revised 184,000 in October and less than the consensus estimate of a rise of 163,000. \nSeparately, the Institute for Supply Management survey showed that Services PMI fell to 52.1 in November after jumping to 56 in October, which was the highest reading since August 2022. \nThe Commerce Department reported that U.S. factory orders increased 0.2% in October after declining 0.2% in September. Year over year, factory orders rose 0.4%.\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\nSalesforce Inc. (CRM) : Free Stock Analysis Report\nAutomatic Data Processing, Inc. (ADP) : Free Stock Analysis Report\nMarvell Technology, Inc. (MRVL) : 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":"4.29.4","shortVersion":"4.29.4","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/2489146999"}