Stocks Extend Post-Election Rally
November 7, 2024
MRKT Matrix - Thursday, November 7th
Stocks keep postelection rally going, Nasdaq rises to new record as Fed cuts rates (CNBC)
Key Takeaways From Fed Decision to Cut Rate by Quarter Point (Bloomberg)
Druckenmiller: I’m worried the Fed declared victory on inflation too early (MarketWatch)
Bank of England Cuts Interest Rates Ahead of Fed Meeting (WSJ)
The year-end stock rally has begun, Goldman Sachs says (CNBC)
US Bond Yield Spike Sends Warning to ‘King of Debt’ Trump (Bloomberg)
FedEx and UPS Locked in Price War to Lure Small Businesses (WSJ)
Baird downgrades JPMorgan Chase to sell, sees stocks dropping nearly 20% (CNBC)
Qualcomm advances on smartphone market revival, Chinese handset launches (Reuters)
Intel CEO complains 'this is taking too long' after investing $30B but receiving zero CHIPS Act funding (Yahoo! Finance)
Trump expected to shift course on antitrust, stop Google breakup (Reuters)
