Stocks Shrug Off Geopolitical Tensions
November 19, 2024
MRKT Matrix - Friday, November 19th
Nasdaq pops 1% as Wall Street shakes off geopolitical fears; Nvidia rises 4% (CNBC)
Goldman’s 2025 stock market forecast calls for the S&P 500 to gain 11% (CNBC)
Donald Trump’s presidency could light a speculative fire under gold, pushing the price to a fresh all-time high (Fortune)
Trump Picks Cantor Fitzgerald’s Lutnick for Commerce Secretary (Bloomberg)
Trump picks Dr. Oz to lead massive Medicare, Medicaid agency CMS (CNBC)
Walmart Raises Outlook on Strong Spending From Value-Seekers (Bloomberg)
Lowe’s beats on earnings and hikes guidance, but still expects sales to fall this year (CNBC)
Nvidia must show Blackwell chip can drive growth in earnings report (CNBC)
Microsoft introduces PC that has one job: connect users to their computers in the cloud (CNBC)
Antitrust Enforcers Prepare Final Blitz Against Big Tech (WSJ)
China’s Chip Advances Stall as US Curbs Hit Huawei AI Product (Bloomberg)
Car-Loan Delinquences Aren’t Scaring Off Wall Street (WSJ)
