Hi, Tigers!
Welcome to Daily Discussion! This is the place for you to share your trading ideas and win coins!
[Rewards]
We will reward you with 50 Tiger Coins when you share your knowledge about stocks and markets here, depending on quality and originality.
[Winners Announcement:11 Oct ]
1.Here are the 4 Tigers whose post has the best quality & interaction last Friday: @koolgal @Chris Luk @JC888 @nerdbull1669
Congratulations on being offered 50 Tiger Coins!
SCHX Schwab US Large Cap ETF - A Low Cost Way for Large Cap Exposure
Microsoft Stock: Why the Bottom May Not Be In Yet Despite Long-Term Growth Potential
Can Nvidia Blackwell Demand Propel it To $160? Possible!
2.Here are the stocks mentioned by the above Tigers: $Schwab US Large-Cap ETF(SCHX)$ $SPDR S&P 500 ETF Trust(SPY)$ $Microsoft(MSFT)$ $Amazon.com(AMZN)$ $Meta Platforms, Inc.(META)$ $NVIDIA Corp(NVDA)$ (Not investment advice)
And let's congratulate these Tigers for winning 5-40 Coins:
Below are Today's Key Takeaways.
Top News Move the Market
Global Markets Weekly Update
The S&P 500 Index, Dow Jones Industrial Average, and S&P MidCap 400 Index all moved to record highs over the week, helped by some upside surprises to kick off earnings season. Shares in JPMorgan Chase and Wells Fargo rose on Friday after the banking giants reported smaller-than-feared declines in third-quarter profits, while the former managed a small increase in revenues.
The earnings focus arguably offset several disappointing economic reports over the week. On Thursday, the Labor Department reported modest upside surprises in headline and core (less food and energy) inflation, which rose in September by 0.2% and 0.3%, respectively, both a tick above expectations. On a year-over-year basis, core prices increased 3.3% in September versus 3.2% in August, marking the first increase since March 2023. Sharp increases in the seasonally adjusted prices of medical care (up 0.7%) and transportation (up 1.4%) services offset a 1.9% decline in energy prices.
The upside consumer inflation surprise led to a significant change in expectations for the Federal Reserveβs next policy meeting in November, with futures markets ending the week pricing in a decent (14.1%) chance of the Fed keeping rates steady, according to the CME FedWatch Tool. Minutes from the Fedβs last policy meeting, released Wednesday, also revealed that several members preferred only a 25-basis-point (0.25 percentage points) rate cut as opposed to the 50-basis-point cut announced despite only one member officially dissenting.
The week ahead : October 14-18
Earnings Calendar
All right, here is all the market information we would like to share with youοΌ
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