Today's Bearish Activity Gapping down to a six-month low this morning isThe Trade Desk Inc. (TTD - $38.47 to $83.76)after the ad tech firm reported Q4 earnings of $0.59 per share, excluding non-recurring items ($0.02 beat) on revenue that rose 22.3% year-over-year to $741M (below...
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In Monday's market rebound, an unexpected event unfolded for theDow Jones Industrial Averageand theS&P 500: Both indexes registered roughly the same point change. The broad market index gained 0.58% Monday, or 25.67 points. Meanwhile, the 30-stock Dow added 26.23 points, or 0.07%. ...
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The stock market is suffering a broad reversal Monday, but the stocks listed on the Nasdaq Stock Market are bouncing back a little more than those on the NYSE in early afternoon trading. NYSE decliners were recently beating advancers by more than 8 to 1, about in line with trading earlier ...
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US home prices fell in January for seventh straight month The housing market is in the midst of a correction caused by high mortgage rates, with prices declining again in January as consumer demand evaporates. Thehousing markethas been squeezed by the Federal Reserve's aggressive interest rate hi...
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Still, the recent rally may be short lived given stronger macroeconomic factors, according to OANDA senior market analyst Ed Moya. "This current macro backdrop isn't conducive for a meaningful stock market rally: The economy is recession bound as the consumer is clearly weakening, lending is abo...
Federal Reserve Chairman Jerome Powell stated the obvious Wednesday: The US housing market is booming. But he also acknowledged a hidden weakness in the housing boom: Prices have soared so much that it’s forcing many Americans out of the housing market. “Builders are struggling to keep up ...