Wall Street Strategies
Hello! Sign in or Register


Market Commentary

Stocks Rise, Oil Slides

By John Jean, Research Analyst
11/25/2024 12:51 PM

All the major indices are in the green with the Russell 2000 leading the way higher. The S&P 500 and Nasdaq Composite, however, are moving lower from the morning highs. In addition, Gold and Oil are selling off today.

The Ten-Year Treasury Yield (TNX) fell 11 basis points to 4.3%.

Bitcoin (BTC) saw profit taking over the weekend, after nearly reaching $100,000.

Consumer Discretionary (XLY) is in the lead as Bath & Body Works (BBWI) released both top and bottom-line beats. Investors also await several retail earnings reports tomorrow, namely DICK'S Sporting Goods (DKS), Nordstrom (JWN), and Macy's (M).

Only two sectors are in the red, with Energy (XLE) lagging the most, due in part to the pressure on oil prices.


 

Log In To Add Your Comment


Home | Products & Services | Education | In The Media | Help | About Us |
Disclaimer | Privacy Policy | Terms of Use |
All Rights Reserved.

 

×