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\n

Market attention now turns to the U.S. core Personal Consumption Expenditures Price Index report for April, set to be released later in the week. The Fed's preferred inflation measure is anticipated to remain stable on a monthly basis but investors will be looking to see if those results will reinforce the changing opinion from the Fed policymakers that there will be no rate cuts in 2024.<\/p>\n\n\n\n

Minneapolis Fed President Neel Kashkari stated in an interview with CNBC that the U.S. central bank should hold off on cutting interest rates this year. He also mentioned that the bank might consider raising rates if inflation does not continue to decrease. This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices.<\/p>\n","post_title":"Nasdaq Exceeded 17,000 Driven By A Boost From Nvidia. What To Expect In The Upcoming Days?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nasdaq-exceeded-17000-driven-by-a-boost-from-nvidia-what-to-expect-in-the-upcoming-days","to_ping":"","pinged":"","post_modified":"2024-06-02 22:13:14","post_modified_gmt":"2024-06-02 12:13:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

See Related: <\/em><\/strong>The first-quarter U.S. Earnings Season Showed Further improvements. What To Expect From The Upcoming Days?<\/a><\/p>\n\n\n\n

Market attention now turns to the U.S. core Personal Consumption Expenditures Price Index report for April, set to be released later in the week. The Fed's preferred inflation measure is anticipated to remain stable on a monthly basis but investors will be looking to see if those results will reinforce the changing opinion from the Fed policymakers that there will be no rate cuts in 2024.<\/p>\n\n\n\n

Minneapolis Fed President Neel Kashkari stated in an interview with CNBC that the U.S. central bank should hold off on cutting interest rates this year. He also mentioned that the bank might consider raising rates if inflation does not continue to decrease. This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices.<\/p>\n","post_title":"Nasdaq Exceeded 17,000 Driven By A Boost From Nvidia. What To Expect In The Upcoming Days?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nasdaq-exceeded-17000-driven-by-a-boost-from-nvidia-what-to-expect-in-the-upcoming-days","to_ping":"","pinged":"","post_modified":"2024-06-02 22:13:14","post_modified_gmt":"2024-06-02 12:13:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Nvidia reported fiscal first-quarter results that exceeded Wall Street's estimates, driven by soaring demand for generative artificial intelligence. This surge led to record data center revenue, highlighting the company's pivotal role in the AI market and its strong financial performance. It is also important to mention that Nvidia's continued innovation and release of advanced GPU products attracted more customers and their cutting-edge technology offered superior performance, making them the preferred choice for various industries.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The first-quarter U.S. Earnings Season Showed Further improvements. What To Expect From The Upcoming Days?<\/a><\/p>\n\n\n\n

Market attention now turns to the U.S. core Personal Consumption Expenditures Price Index report for April, set to be released later in the week. The Fed's preferred inflation measure is anticipated to remain stable on a monthly basis but investors will be looking to see if those results will reinforce the changing opinion from the Fed policymakers that there will be no rate cuts in 2024.<\/p>\n\n\n\n

Minneapolis Fed President Neel Kashkari stated in an interview with CNBC that the U.S. central bank should hold off on cutting interest rates this year. He also mentioned that the bank might consider raising rates if inflation does not continue to decrease. This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices.<\/p>\n","post_title":"Nasdaq Exceeded 17,000 Driven By A Boost From Nvidia. What To Expect In The Upcoming Days?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nasdaq-exceeded-17000-driven-by-a-boost-from-nvidia-what-to-expect-in-the-upcoming-days","to_ping":"","pinged":"","post_modified":"2024-06-02 22:13:14","post_modified_gmt":"2024-06-02 12:13:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Nvidia Fiscal First-Quarter Report <\/h2>\n\n\n\n

Nvidia reported fiscal first-quarter results that exceeded Wall Street's estimates, driven by soaring demand for generative artificial intelligence. This surge led to record data center revenue, highlighting the company's pivotal role in the AI market and its strong financial performance. It is also important to mention that Nvidia's continued innovation and release of advanced GPU products attracted more customers and their cutting-edge technology offered superior performance, making them the preferred choice for various industries.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The first-quarter U.S. Earnings Season Showed Further improvements. What To Expect From The Upcoming Days?<\/a><\/p>\n\n\n\n

Market attention now turns to the U.S. core Personal Consumption Expenditures Price Index report for April, set to be released later in the week. The Fed's preferred inflation measure is anticipated to remain stable on a monthly basis but investors will be looking to see if those results will reinforce the changing opinion from the Fed policymakers that there will be no rate cuts in 2024.<\/p>\n\n\n\n

Minneapolis Fed President Neel Kashkari stated in an interview with CNBC that the U.S. central bank should hold off on cutting interest rates this year. He also mentioned that the bank might consider raising rates if inflation does not continue to decrease. This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices.<\/p>\n","post_title":"Nasdaq Exceeded 17,000 Driven By A Boost From Nvidia. What To Expect In The Upcoming Days?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nasdaq-exceeded-17000-driven-by-a-boost-from-nvidia-what-to-expect-in-the-upcoming-days","to_ping":"","pinged":"","post_modified":"2024-06-02 22:13:14","post_modified_gmt":"2024-06-02 12:13:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n
\"\"
The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever<\/em><\/figcaption><\/figure>\n\n\n\n

Nvidia Fiscal First-Quarter Report <\/h2>\n\n\n\n

Nvidia reported fiscal first-quarter results that exceeded Wall Street's estimates, driven by soaring demand for generative artificial intelligence. This surge led to record data center revenue, highlighting the company's pivotal role in the AI market and its strong financial performance. It is also important to mention that Nvidia's continued innovation and release of advanced GPU products attracted more customers and their cutting-edge technology offered superior performance, making them the preferred choice for various industries.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The first-quarter U.S. Earnings Season Showed Further improvements. What To Expect From The Upcoming Days?<\/a><\/p>\n\n\n\n

Market attention now turns to the U.S. core Personal Consumption Expenditures Price Index report for April, set to be released later in the week. The Fed's preferred inflation measure is anticipated to remain stable on a monthly basis but investors will be looking to see if those results will reinforce the changing opinion from the Fed policymakers that there will be no rate cuts in 2024.<\/p>\n\n\n\n

Minneapolis Fed President Neel Kashkari stated in an interview with CNBC that the U.S. central bank should hold off on cutting interest rates this year. He also mentioned that the bank might consider raising rates if inflation does not continue to decrease. This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices.<\/p>\n","post_title":"Nasdaq Exceeded 17,000 Driven By A Boost From Nvidia. What To Expect In The Upcoming Days?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nasdaq-exceeded-17000-driven-by-a-boost-from-nvidia-what-to-expect-in-the-upcoming-days","to_ping":"","pinged":"","post_modified":"2024-06-02 22:13:14","post_modified_gmt":"2024-06-02 12:13:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

\"In terms of today\u2019s price action, it\u2019s all about technology and the winners continue to be the winners, specifically Nvidia. Today's tape is a function of positive stories having some stock-specific impact, but overall, as you can see from the Dow being down around 200 points, it\u2019s a generally sloppy overall market session.\"<\/em><\/p>\n\n\n\n

\"\"
The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever<\/em><\/figcaption><\/figure>\n\n\n\n

Nvidia Fiscal First-Quarter Report <\/h2>\n\n\n\n

Nvidia reported fiscal first-quarter results that exceeded Wall Street's estimates, driven by soaring demand for generative artificial intelligence. This surge led to record data center revenue, highlighting the company's pivotal role in the AI market and its strong financial performance. It is also important to mention that Nvidia's continued innovation and release of advanced GPU products attracted more customers and their cutting-edge technology offered superior performance, making them the preferred choice for various industries.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The first-quarter U.S. Earnings Season Showed Further improvements. What To Expect From The Upcoming Days?<\/a><\/p>\n\n\n\n

Market attention now turns to the U.S. core Personal Consumption Expenditures Price Index report for April, set to be released later in the week. The Fed's preferred inflation measure is anticipated to remain stable on a monthly basis but investors will be looking to see if those results will reinforce the changing opinion from the Fed policymakers that there will be no rate cuts in 2024.<\/p>\n\n\n\n

Minneapolis Fed President Neel Kashkari stated in an interview with CNBC that the U.S. central bank should hold off on cutting interest rates this year. He also mentioned that the bank might consider raising rates if inflation does not continue to decrease. This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices.<\/p>\n","post_title":"Nasdaq Exceeded 17,000 Driven By A Boost From Nvidia. What To Expect In The Upcoming Days?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nasdaq-exceeded-17000-driven-by-a-boost-from-nvidia-what-to-expect-in-the-upcoming-days","to_ping":"","pinged":"","post_modified":"2024-06-02 22:13:14","post_modified_gmt":"2024-06-02 12:13:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever as AI leader Nvidia hit a record high which lifted investor sentiment and contributed to the rally. This milestone underscored the ongoing strength in the technology sector and the impact of major players like Nvidia on market movements. Michael James, managing director of equity trading at Wedbush Securities in Los Angeles said<\/a>:<\/p>\n\n\n\n

\"In terms of today\u2019s price action, it\u2019s all about technology and the winners continue to be the winners, specifically Nvidia. Today's tape is a function of positive stories having some stock-specific impact, but overall, as you can see from the Dow being down around 200 points, it\u2019s a generally sloppy overall market session.\"<\/em><\/p>\n\n\n\n

\"\"
The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever<\/em><\/figcaption><\/figure>\n\n\n\n

Nvidia Fiscal First-Quarter Report <\/h2>\n\n\n\n

Nvidia reported fiscal first-quarter results that exceeded Wall Street's estimates, driven by soaring demand for generative artificial intelligence. This surge led to record data center revenue, highlighting the company's pivotal role in the AI market and its strong financial performance. It is also important to mention that Nvidia's continued innovation and release of advanced GPU products attracted more customers and their cutting-edge technology offered superior performance, making them the preferred choice for various industries.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The first-quarter U.S. Earnings Season Showed Further improvements. What To Expect From The Upcoming Days?<\/a><\/p>\n\n\n\n

Market attention now turns to the U.S. core Personal Consumption Expenditures Price Index report for April, set to be released later in the week. The Fed's preferred inflation measure is anticipated to remain stable on a monthly basis but investors will be looking to see if those results will reinforce the changing opinion from the Fed policymakers that there will be no rate cuts in 2024.<\/p>\n\n\n\n

Minneapolis Fed President Neel Kashkari stated in an interview with CNBC that the U.S. central bank should hold off on cutting interest rates this year. He also mentioned that the bank might consider raising rates if inflation does not continue to decrease. This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices.<\/p>\n","post_title":"Nasdaq Exceeded 17,000 Driven By A Boost From Nvidia. What To Expect In The Upcoming Days?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nasdaq-exceeded-17000-driven-by-a-boost-from-nvidia-what-to-expect-in-the-upcoming-days","to_ping":"","pinged":"","post_modified":"2024-06-02 22:13:14","post_modified_gmt":"2024-06-02 12:13:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity. This situation could adversely affect stock prices and make fixed-income investments, such as bonds, more appealing than stocks.<\/p>\n","post_title":"The S&P 500 And Nasdaq Indexes Reached Record Highs This Wednesday. Could A Pullback Be Imminent?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-sp-500-and-nasdaq-indexes-reached-record-highs-this-wednesday-could-a-pullback-be-imminent","to_ping":"","pinged":"","post_modified":"2024-06-10 19:27:59","post_modified_gmt":"2024-06-10 09:27:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17270","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17144,"post_author":"14","post_date":"2024-06-02 22:13:10","post_date_gmt":"2024-06-02 12:13:10","post_content":"\n

The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever as AI leader Nvidia hit a record high which lifted investor sentiment and contributed to the rally. This milestone underscored the ongoing strength in the technology sector and the impact of major players like Nvidia on market movements. Michael James, managing director of equity trading at Wedbush Securities in Los Angeles said<\/a>:<\/p>\n\n\n\n

\"In terms of today\u2019s price action, it\u2019s all about technology and the winners continue to be the winners, specifically Nvidia. Today's tape is a function of positive stories having some stock-specific impact, but overall, as you can see from the Dow being down around 200 points, it\u2019s a generally sloppy overall market session.\"<\/em><\/p>\n\n\n\n

\"\"
The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever<\/em><\/figcaption><\/figure>\n\n\n\n

Nvidia Fiscal First-Quarter Report <\/h2>\n\n\n\n

Nvidia reported fiscal first-quarter results that exceeded Wall Street's estimates, driven by soaring demand for generative artificial intelligence. This surge led to record data center revenue, highlighting the company's pivotal role in the AI market and its strong financial performance. It is also important to mention that Nvidia's continued innovation and release of advanced GPU products attracted more customers and their cutting-edge technology offered superior performance, making them the preferred choice for various industries.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The first-quarter U.S. Earnings Season Showed Further improvements. What To Expect From The Upcoming Days?<\/a><\/p>\n\n\n\n

Market attention now turns to the U.S. core Personal Consumption Expenditures Price Index report for April, set to be released later in the week. The Fed's preferred inflation measure is anticipated to remain stable on a monthly basis but investors will be looking to see if those results will reinforce the changing opinion from the Fed policymakers that there will be no rate cuts in 2024.<\/p>\n\n\n\n

Minneapolis Fed President Neel Kashkari stated in an interview with CNBC that the U.S. central bank should hold off on cutting interest rates this year. He also mentioned that the bank might consider raising rates if inflation does not continue to decrease. This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices.<\/p>\n","post_title":"Nasdaq Exceeded 17,000 Driven By A Boost From Nvidia. What To Expect In The Upcoming Days?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nasdaq-exceeded-17000-driven-by-a-boost-from-nvidia-what-to-expect-in-the-upcoming-days","to_ping":"","pinged":"","post_modified":"2024-06-02 22:13:14","post_modified_gmt":"2024-06-02 12:13:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The upcoming monthly non-farm payrolls data is expected to reveal a slowdown in job additions for May and according to economic analysts, many companies could face liquidity problems in the upcoming months. The current high interest rates encourage saving over spending and increase the cost of debt which could be particularly challenging for companies with substantial credit or variable interest rate loans.<\/p>\n\n\n\n

Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity. This situation could adversely affect stock prices and make fixed-income investments, such as bonds, more appealing than stocks.<\/p>\n","post_title":"The S&P 500 And Nasdaq Indexes Reached Record Highs This Wednesday. Could A Pullback Be Imminent?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-sp-500-and-nasdaq-indexes-reached-record-highs-this-wednesday-could-a-pullback-be-imminent","to_ping":"","pinged":"","post_modified":"2024-06-10 19:27:59","post_modified_gmt":"2024-06-10 09:27:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17270","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17144,"post_author":"14","post_date":"2024-06-02 22:13:10","post_date_gmt":"2024-06-02 12:13:10","post_content":"\n

The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever as AI leader Nvidia hit a record high which lifted investor sentiment and contributed to the rally. This milestone underscored the ongoing strength in the technology sector and the impact of major players like Nvidia on market movements. Michael James, managing director of equity trading at Wedbush Securities in Los Angeles said<\/a>:<\/p>\n\n\n\n

\"In terms of today\u2019s price action, it\u2019s all about technology and the winners continue to be the winners, specifically Nvidia. Today's tape is a function of positive stories having some stock-specific impact, but overall, as you can see from the Dow being down around 200 points, it\u2019s a generally sloppy overall market session.\"<\/em><\/p>\n\n\n\n

\"\"
The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever<\/em><\/figcaption><\/figure>\n\n\n\n

Nvidia Fiscal First-Quarter Report <\/h2>\n\n\n\n

Nvidia reported fiscal first-quarter results that exceeded Wall Street's estimates, driven by soaring demand for generative artificial intelligence. This surge led to record data center revenue, highlighting the company's pivotal role in the AI market and its strong financial performance. It is also important to mention that Nvidia's continued innovation and release of advanced GPU products attracted more customers and their cutting-edge technology offered superior performance, making them the preferred choice for various industries.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The first-quarter U.S. Earnings Season Showed Further improvements. What To Expect From The Upcoming Days?<\/a><\/p>\n\n\n\n

Market attention now turns to the U.S. core Personal Consumption Expenditures Price Index report for April, set to be released later in the week. The Fed's preferred inflation measure is anticipated to remain stable on a monthly basis but investors will be looking to see if those results will reinforce the changing opinion from the Fed policymakers that there will be no rate cuts in 2024.<\/p>\n\n\n\n

Minneapolis Fed President Neel Kashkari stated in an interview with CNBC that the U.S. central bank should hold off on cutting interest rates this year. He also mentioned that the bank might consider raising rates if inflation does not continue to decrease. This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices.<\/p>\n","post_title":"Nasdaq Exceeded 17,000 Driven By A Boost From Nvidia. What To Expect In The Upcoming Days?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nasdaq-exceeded-17000-driven-by-a-boost-from-nvidia-what-to-expect-in-the-upcoming-days","to_ping":"","pinged":"","post_modified":"2024-06-02 22:13:14","post_modified_gmt":"2024-06-02 12:13:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The monthly non-farm payroll data in the U.S. is a critical economic indicator that provides insights into the employment situation but also reflects economic growth, consumer spending potential, and business confidence, making it a closely watched report by investors, policymakers, and economists.<\/p>\n\n\n\n

The upcoming monthly non-farm payrolls data is expected to reveal a slowdown in job additions for May and according to economic analysts, many companies could face liquidity problems in the upcoming months. The current high interest rates encourage saving over spending and increase the cost of debt which could be particularly challenging for companies with substantial credit or variable interest rate loans.<\/p>\n\n\n\n

Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity. This situation could adversely affect stock prices and make fixed-income investments, such as bonds, more appealing than stocks.<\/p>\n","post_title":"The S&P 500 And Nasdaq Indexes Reached Record Highs This Wednesday. Could A Pullback Be Imminent?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-sp-500-and-nasdaq-indexes-reached-record-highs-this-wednesday-could-a-pullback-be-imminent","to_ping":"","pinged":"","post_modified":"2024-06-10 19:27:59","post_modified_gmt":"2024-06-10 09:27:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17270","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17144,"post_author":"14","post_date":"2024-06-02 22:13:10","post_date_gmt":"2024-06-02 12:13:10","post_content":"\n

The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever as AI leader Nvidia hit a record high which lifted investor sentiment and contributed to the rally. This milestone underscored the ongoing strength in the technology sector and the impact of major players like Nvidia on market movements. Michael James, managing director of equity trading at Wedbush Securities in Los Angeles said<\/a>:<\/p>\n\n\n\n

\"In terms of today\u2019s price action, it\u2019s all about technology and the winners continue to be the winners, specifically Nvidia. Today's tape is a function of positive stories having some stock-specific impact, but overall, as you can see from the Dow being down around 200 points, it\u2019s a generally sloppy overall market session.\"<\/em><\/p>\n\n\n\n

\"\"
The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever<\/em><\/figcaption><\/figure>\n\n\n\n

Nvidia Fiscal First-Quarter Report <\/h2>\n\n\n\n

Nvidia reported fiscal first-quarter results that exceeded Wall Street's estimates, driven by soaring demand for generative artificial intelligence. This surge led to record data center revenue, highlighting the company's pivotal role in the AI market and its strong financial performance. It is also important to mention that Nvidia's continued innovation and release of advanced GPU products attracted more customers and their cutting-edge technology offered superior performance, making them the preferred choice for various industries.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The first-quarter U.S. Earnings Season Showed Further improvements. What To Expect From The Upcoming Days?<\/a><\/p>\n\n\n\n

Market attention now turns to the U.S. core Personal Consumption Expenditures Price Index report for April, set to be released later in the week. The Fed's preferred inflation measure is anticipated to remain stable on a monthly basis but investors will be looking to see if those results will reinforce the changing opinion from the Fed policymakers that there will be no rate cuts in 2024.<\/p>\n\n\n\n

Minneapolis Fed President Neel Kashkari stated in an interview with CNBC that the U.S. central bank should hold off on cutting interest rates this year. He also mentioned that the bank might consider raising rates if inflation does not continue to decrease. This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices.<\/p>\n","post_title":"Nasdaq Exceeded 17,000 Driven By A Boost From Nvidia. What To Expect In The Upcoming Days?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nasdaq-exceeded-17000-driven-by-a-boost-from-nvidia-what-to-expect-in-the-upcoming-days","to_ping":"","pinged":"","post_modified":"2024-06-02 22:13:14","post_modified_gmt":"2024-06-02 12:13:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Monthly Non-Farm Payroll Data<\/h2>\n\n\n\n

The monthly non-farm payroll data in the U.S. is a critical economic indicator that provides insights into the employment situation but also reflects economic growth, consumer spending potential, and business confidence, making it a closely watched report by investors, policymakers, and economists.<\/p>\n\n\n\n

The upcoming monthly non-farm payrolls data is expected to reveal a slowdown in job additions for May and according to economic analysts, many companies could face liquidity problems in the upcoming months. The current high interest rates encourage saving over spending and increase the cost of debt which could be particularly challenging for companies with substantial credit or variable interest rate loans.<\/p>\n\n\n\n

Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity. This situation could adversely affect stock prices and make fixed-income investments, such as bonds, more appealing than stocks.<\/p>\n","post_title":"The S&P 500 And Nasdaq Indexes Reached Record Highs This Wednesday. Could A Pullback Be Imminent?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-sp-500-and-nasdaq-indexes-reached-record-highs-this-wednesday-could-a-pullback-be-imminent","to_ping":"","pinged":"","post_modified":"2024-06-10 19:27:59","post_modified_gmt":"2024-06-10 09:27:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17270","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17144,"post_author":"14","post_date":"2024-06-02 22:13:10","post_date_gmt":"2024-06-02 12:13:10","post_content":"\n

The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever as AI leader Nvidia hit a record high which lifted investor sentiment and contributed to the rally. This milestone underscored the ongoing strength in the technology sector and the impact of major players like Nvidia on market movements. Michael James, managing director of equity trading at Wedbush Securities in Los Angeles said<\/a>:<\/p>\n\n\n\n

\"In terms of today\u2019s price action, it\u2019s all about technology and the winners continue to be the winners, specifically Nvidia. Today's tape is a function of positive stories having some stock-specific impact, but overall, as you can see from the Dow being down around 200 points, it\u2019s a generally sloppy overall market session.\"<\/em><\/p>\n\n\n\n

\"\"
The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever<\/em><\/figcaption><\/figure>\n\n\n\n

Nvidia Fiscal First-Quarter Report <\/h2>\n\n\n\n

Nvidia reported fiscal first-quarter results that exceeded Wall Street's estimates, driven by soaring demand for generative artificial intelligence. This surge led to record data center revenue, highlighting the company's pivotal role in the AI market and its strong financial performance. It is also important to mention that Nvidia's continued innovation and release of advanced GPU products attracted more customers and their cutting-edge technology offered superior performance, making them the preferred choice for various industries.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The first-quarter U.S. Earnings Season Showed Further improvements. What To Expect From The Upcoming Days?<\/a><\/p>\n\n\n\n

Market attention now turns to the U.S. core Personal Consumption Expenditures Price Index report for April, set to be released later in the week. The Fed's preferred inflation measure is anticipated to remain stable on a monthly basis but investors will be looking to see if those results will reinforce the changing opinion from the Fed policymakers that there will be no rate cuts in 2024.<\/p>\n\n\n\n

Minneapolis Fed President Neel Kashkari stated in an interview with CNBC that the U.S. central bank should hold off on cutting interest rates this year. He also mentioned that the bank might consider raising rates if inflation does not continue to decrease. This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices.<\/p>\n","post_title":"Nasdaq Exceeded 17,000 Driven By A Boost From Nvidia. What To Expect In The Upcoming Days?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nasdaq-exceeded-17000-driven-by-a-boost-from-nvidia-what-to-expect-in-the-upcoming-days","to_ping":"","pinged":"","post_modified":"2024-06-02 22:13:14","post_modified_gmt":"2024-06-02 12:13:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

See Related: <\/em><\/strong>Have Goldman Sachs Analysts Become Overly Optimistic By Revising Their Year-End S&P 500 Index Target Upwards<\/a><\/p>\n\n\n\n

Monthly Non-Farm Payroll Data<\/h2>\n\n\n\n

The monthly non-farm payroll data in the U.S. is a critical economic indicator that provides insights into the employment situation but also reflects economic growth, consumer spending potential, and business confidence, making it a closely watched report by investors, policymakers, and economists.<\/p>\n\n\n\n

The upcoming monthly non-farm payrolls data is expected to reveal a slowdown in job additions for May and according to economic analysts, many companies could face liquidity problems in the upcoming months. The current high interest rates encourage saving over spending and increase the cost of debt which could be particularly challenging for companies with substantial credit or variable interest rate loans.<\/p>\n\n\n\n

Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity. This situation could adversely affect stock prices and make fixed-income investments, such as bonds, more appealing than stocks.<\/p>\n","post_title":"The S&P 500 And Nasdaq Indexes Reached Record Highs This Wednesday. Could A Pullback Be Imminent?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-sp-500-and-nasdaq-indexes-reached-record-highs-this-wednesday-could-a-pullback-be-imminent","to_ping":"","pinged":"","post_modified":"2024-06-10 19:27:59","post_modified_gmt":"2024-06-10 09:27:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17270","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17144,"post_author":"14","post_date":"2024-06-02 22:13:10","post_date_gmt":"2024-06-02 12:13:10","post_content":"\n

The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever as AI leader Nvidia hit a record high which lifted investor sentiment and contributed to the rally. This milestone underscored the ongoing strength in the technology sector and the impact of major players like Nvidia on market movements. Michael James, managing director of equity trading at Wedbush Securities in Los Angeles said<\/a>:<\/p>\n\n\n\n

\"In terms of today\u2019s price action, it\u2019s all about technology and the winners continue to be the winners, specifically Nvidia. Today's tape is a function of positive stories having some stock-specific impact, but overall, as you can see from the Dow being down around 200 points, it\u2019s a generally sloppy overall market session.\"<\/em><\/p>\n\n\n\n

\"\"
The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever<\/em><\/figcaption><\/figure>\n\n\n\n

Nvidia Fiscal First-Quarter Report <\/h2>\n\n\n\n

Nvidia reported fiscal first-quarter results that exceeded Wall Street's estimates, driven by soaring demand for generative artificial intelligence. This surge led to record data center revenue, highlighting the company's pivotal role in the AI market and its strong financial performance. It is also important to mention that Nvidia's continued innovation and release of advanced GPU products attracted more customers and their cutting-edge technology offered superior performance, making them the preferred choice for various industries.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The first-quarter U.S. Earnings Season Showed Further improvements. What To Expect From The Upcoming Days?<\/a><\/p>\n\n\n\n

Market attention now turns to the U.S. core Personal Consumption Expenditures Price Index report for April, set to be released later in the week. The Fed's preferred inflation measure is anticipated to remain stable on a monthly basis but investors will be looking to see if those results will reinforce the changing opinion from the Fed policymakers that there will be no rate cuts in 2024.<\/p>\n\n\n\n

Minneapolis Fed President Neel Kashkari stated in an interview with CNBC that the U.S. central bank should hold off on cutting interest rates this year. He also mentioned that the bank might consider raising rates if inflation does not continue to decrease. This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices.<\/p>\n","post_title":"Nasdaq Exceeded 17,000 Driven By A Boost From Nvidia. What To Expect In The Upcoming Days?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nasdaq-exceeded-17000-driven-by-a-boost-from-nvidia-what-to-expect-in-the-upcoming-days","to_ping":"","pinged":"","post_modified":"2024-06-02 22:13:14","post_modified_gmt":"2024-06-02 12:13:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

According to the CME's FedWatch tool, market participants now estimate a nearly 69% probability of a rate cut in September, up from around 50% just last week. However, it is important to say that investors are now looking forward to the nonfarm payrolls report, scheduled for release on Friday, to gain a comprehensive understanding of the labor market and the interest rate path.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Have Goldman Sachs Analysts Become Overly Optimistic By Revising Their Year-End S&P 500 Index Target Upwards<\/a><\/p>\n\n\n\n

Monthly Non-Farm Payroll Data<\/h2>\n\n\n\n

The monthly non-farm payroll data in the U.S. is a critical economic indicator that provides insights into the employment situation but also reflects economic growth, consumer spending potential, and business confidence, making it a closely watched report by investors, policymakers, and economists.<\/p>\n\n\n\n

The upcoming monthly non-farm payrolls data is expected to reveal a slowdown in job additions for May and according to economic analysts, many companies could face liquidity problems in the upcoming months. The current high interest rates encourage saving over spending and increase the cost of debt which could be particularly challenging for companies with substantial credit or variable interest rate loans.<\/p>\n\n\n\n

Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity. This situation could adversely affect stock prices and make fixed-income investments, such as bonds, more appealing than stocks.<\/p>\n","post_title":"The S&P 500 And Nasdaq Indexes Reached Record Highs This Wednesday. Could A Pullback Be Imminent?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-sp-500-and-nasdaq-indexes-reached-record-highs-this-wednesday-could-a-pullback-be-imminent","to_ping":"","pinged":"","post_modified":"2024-06-10 19:27:59","post_modified_gmt":"2024-06-10 09:27:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17270","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17144,"post_author":"14","post_date":"2024-06-02 22:13:10","post_date_gmt":"2024-06-02 12:13:10","post_content":"\n

The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever as AI leader Nvidia hit a record high which lifted investor sentiment and contributed to the rally. This milestone underscored the ongoing strength in the technology sector and the impact of major players like Nvidia on market movements. Michael James, managing director of equity trading at Wedbush Securities in Los Angeles said<\/a>:<\/p>\n\n\n\n

\"In terms of today\u2019s price action, it\u2019s all about technology and the winners continue to be the winners, specifically Nvidia. Today's tape is a function of positive stories having some stock-specific impact, but overall, as you can see from the Dow being down around 200 points, it\u2019s a generally sloppy overall market session.\"<\/em><\/p>\n\n\n\n

\"\"
The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever<\/em><\/figcaption><\/figure>\n\n\n\n

Nvidia Fiscal First-Quarter Report <\/h2>\n\n\n\n

Nvidia reported fiscal first-quarter results that exceeded Wall Street's estimates, driven by soaring demand for generative artificial intelligence. This surge led to record data center revenue, highlighting the company's pivotal role in the AI market and its strong financial performance. It is also important to mention that Nvidia's continued innovation and release of advanced GPU products attracted more customers and their cutting-edge technology offered superior performance, making them the preferred choice for various industries.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The first-quarter U.S. Earnings Season Showed Further improvements. What To Expect From The Upcoming Days?<\/a><\/p>\n\n\n\n

Market attention now turns to the U.S. core Personal Consumption Expenditures Price Index report for April, set to be released later in the week. The Fed's preferred inflation measure is anticipated to remain stable on a monthly basis but investors will be looking to see if those results will reinforce the changing opinion from the Fed policymakers that there will be no rate cuts in 2024.<\/p>\n\n\n\n

Minneapolis Fed President Neel Kashkari stated in an interview with CNBC that the U.S. central bank should hold off on cutting interest rates this year. He also mentioned that the bank might consider raising rates if inflation does not continue to decrease. This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices.<\/p>\n","post_title":"Nasdaq Exceeded 17,000 Driven By A Boost From Nvidia. What To Expect In The Upcoming Days?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nasdaq-exceeded-17000-driven-by-a-boost-from-nvidia-what-to-expect-in-the-upcoming-days","to_ping":"","pinged":"","post_modified":"2024-06-02 22:13:14","post_modified_gmt":"2024-06-02 12:13:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

\"We're seeing the economic data starting to ease up a little bit and the repercussions for that is that you're seeing the pressure on rates come off the boil a little bit mixed in with the potential for weaker economic data, which is a pretty good recipe for the bond market.\"<\/em><\/p>\n\n\n\n

According to the CME's FedWatch tool, market participants now estimate a nearly 69% probability of a rate cut in September, up from around 50% just last week. However, it is important to say that investors are now looking forward to the nonfarm payrolls report, scheduled for release on Friday, to gain a comprehensive understanding of the labor market and the interest rate path.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Have Goldman Sachs Analysts Become Overly Optimistic By Revising Their Year-End S&P 500 Index Target Upwards<\/a><\/p>\n\n\n\n

Monthly Non-Farm Payroll Data<\/h2>\n\n\n\n

The monthly non-farm payroll data in the U.S. is a critical economic indicator that provides insights into the employment situation but also reflects economic growth, consumer spending potential, and business confidence, making it a closely watched report by investors, policymakers, and economists.<\/p>\n\n\n\n

The upcoming monthly non-farm payrolls data is expected to reveal a slowdown in job additions for May and according to economic analysts, many companies could face liquidity problems in the upcoming months. The current high interest rates encourage saving over spending and increase the cost of debt which could be particularly challenging for companies with substantial credit or variable interest rate loans.<\/p>\n\n\n\n

Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity. This situation could adversely affect stock prices and make fixed-income investments, such as bonds, more appealing than stocks.<\/p>\n","post_title":"The S&P 500 And Nasdaq Indexes Reached Record Highs This Wednesday. Could A Pullback Be Imminent?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-sp-500-and-nasdaq-indexes-reached-record-highs-this-wednesday-could-a-pullback-be-imminent","to_ping":"","pinged":"","post_modified":"2024-06-10 19:27:59","post_modified_gmt":"2024-06-10 09:27:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17270","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17144,"post_author":"14","post_date":"2024-06-02 22:13:10","post_date_gmt":"2024-06-02 12:13:10","post_content":"\n

The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever as AI leader Nvidia hit a record high which lifted investor sentiment and contributed to the rally. This milestone underscored the ongoing strength in the technology sector and the impact of major players like Nvidia on market movements. Michael James, managing director of equity trading at Wedbush Securities in Los Angeles said<\/a>:<\/p>\n\n\n\n

\"In terms of today\u2019s price action, it\u2019s all about technology and the winners continue to be the winners, specifically Nvidia. Today's tape is a function of positive stories having some stock-specific impact, but overall, as you can see from the Dow being down around 200 points, it\u2019s a generally sloppy overall market session.\"<\/em><\/p>\n\n\n\n

\"\"
The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever<\/em><\/figcaption><\/figure>\n\n\n\n

Nvidia Fiscal First-Quarter Report <\/h2>\n\n\n\n

Nvidia reported fiscal first-quarter results that exceeded Wall Street's estimates, driven by soaring demand for generative artificial intelligence. This surge led to record data center revenue, highlighting the company's pivotal role in the AI market and its strong financial performance. It is also important to mention that Nvidia's continued innovation and release of advanced GPU products attracted more customers and their cutting-edge technology offered superior performance, making them the preferred choice for various industries.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The first-quarter U.S. Earnings Season Showed Further improvements. What To Expect From The Upcoming Days?<\/a><\/p>\n\n\n\n

Market attention now turns to the U.S. core Personal Consumption Expenditures Price Index report for April, set to be released later in the week. The Fed's preferred inflation measure is anticipated to remain stable on a monthly basis but investors will be looking to see if those results will reinforce the changing opinion from the Fed policymakers that there will be no rate cuts in 2024.<\/p>\n\n\n\n

Minneapolis Fed President Neel Kashkari stated in an interview with CNBC that the U.S. central bank should hold off on cutting interest rates this year. He also mentioned that the bank might consider raising rates if inflation does not continue to decrease. This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices.<\/p>\n","post_title":"Nasdaq Exceeded 17,000 Driven By A Boost From Nvidia. What To Expect In The Upcoming Days?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nasdaq-exceeded-17000-driven-by-a-boost-from-nvidia-what-to-expect-in-the-upcoming-days","to_ping":"","pinged":"","post_modified":"2024-06-02 22:13:14","post_modified_gmt":"2024-06-02 12:13:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The May private payrolls report released this Wednesday is the latest indication of a loosening labor market, potentially prompting the Fed to consider rate cuts this year. Additionally, a report on Tuesday revealed that job openings in April fell to their lowest level in over three years. Jack Janasiewicz, a portfolio manager at Natixis Investment Managers Solutions in Boston said<\/a>:<\/p>\n\n\n\n

\"We're seeing the economic data starting to ease up a little bit and the repercussions for that is that you're seeing the pressure on rates come off the boil a little bit mixed in with the potential for weaker economic data, which is a pretty good recipe for the bond market.\"<\/em><\/p>\n\n\n\n

According to the CME's FedWatch tool, market participants now estimate a nearly 69% probability of a rate cut in September, up from around 50% just last week. However, it is important to say that investors are now looking forward to the nonfarm payrolls report, scheduled for release on Friday, to gain a comprehensive understanding of the labor market and the interest rate path.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Have Goldman Sachs Analysts Become Overly Optimistic By Revising Their Year-End S&P 500 Index Target Upwards<\/a><\/p>\n\n\n\n

Monthly Non-Farm Payroll Data<\/h2>\n\n\n\n

The monthly non-farm payroll data in the U.S. is a critical economic indicator that provides insights into the employment situation but also reflects economic growth, consumer spending potential, and business confidence, making it a closely watched report by investors, policymakers, and economists.<\/p>\n\n\n\n

The upcoming monthly non-farm payrolls data is expected to reveal a slowdown in job additions for May and according to economic analysts, many companies could face liquidity problems in the upcoming months. The current high interest rates encourage saving over spending and increase the cost of debt which could be particularly challenging for companies with substantial credit or variable interest rate loans.<\/p>\n\n\n\n

Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity. This situation could adversely affect stock prices and make fixed-income investments, such as bonds, more appealing than stocks.<\/p>\n","post_title":"The S&P 500 And Nasdaq Indexes Reached Record Highs This Wednesday. Could A Pullback Be Imminent?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-sp-500-and-nasdaq-indexes-reached-record-highs-this-wednesday-could-a-pullback-be-imminent","to_ping":"","pinged":"","post_modified":"2024-06-10 19:27:59","post_modified_gmt":"2024-06-10 09:27:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17270","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17144,"post_author":"14","post_date":"2024-06-02 22:13:10","post_date_gmt":"2024-06-02 12:13:10","post_content":"\n

The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever as AI leader Nvidia hit a record high which lifted investor sentiment and contributed to the rally. This milestone underscored the ongoing strength in the technology sector and the impact of major players like Nvidia on market movements. Michael James, managing director of equity trading at Wedbush Securities in Los Angeles said<\/a>:<\/p>\n\n\n\n

\"In terms of today\u2019s price action, it\u2019s all about technology and the winners continue to be the winners, specifically Nvidia. Today's tape is a function of positive stories having some stock-specific impact, but overall, as you can see from the Dow being down around 200 points, it\u2019s a generally sloppy overall market session.\"<\/em><\/p>\n\n\n\n

\"\"
The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever<\/em><\/figcaption><\/figure>\n\n\n\n

Nvidia Fiscal First-Quarter Report <\/h2>\n\n\n\n

Nvidia reported fiscal first-quarter results that exceeded Wall Street's estimates, driven by soaring demand for generative artificial intelligence. This surge led to record data center revenue, highlighting the company's pivotal role in the AI market and its strong financial performance. It is also important to mention that Nvidia's continued innovation and release of advanced GPU products attracted more customers and their cutting-edge technology offered superior performance, making them the preferred choice for various industries.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The first-quarter U.S. Earnings Season Showed Further improvements. What To Expect From The Upcoming Days?<\/a><\/p>\n\n\n\n

Market attention now turns to the U.S. core Personal Consumption Expenditures Price Index report for April, set to be released later in the week. The Fed's preferred inflation measure is anticipated to remain stable on a monthly basis but investors will be looking to see if those results will reinforce the changing opinion from the Fed policymakers that there will be no rate cuts in 2024.<\/p>\n\n\n\n

Minneapolis Fed President Neel Kashkari stated in an interview with CNBC that the U.S. central bank should hold off on cutting interest rates this year. He also mentioned that the bank might consider raising rates if inflation does not continue to decrease. This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices.<\/p>\n","post_title":"Nasdaq Exceeded 17,000 Driven By A Boost From Nvidia. What To Expect In The Upcoming Days?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nasdaq-exceeded-17000-driven-by-a-boost-from-nvidia-what-to-expect-in-the-upcoming-days","to_ping":"","pinged":"","post_modified":"2024-06-02 22:13:14","post_modified_gmt":"2024-06-02 12:13:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n
\"\"
The tech-heavy index Nasdaq reached record highs this Wednesday<\/em><\/figcaption><\/figure>\n\n\n\n

The May private payrolls report released this Wednesday is the latest indication of a loosening labor market, potentially prompting the Fed to consider rate cuts this year. Additionally, a report on Tuesday revealed that job openings in April fell to their lowest level in over three years. Jack Janasiewicz, a portfolio manager at Natixis Investment Managers Solutions in Boston said<\/a>:<\/p>\n\n\n\n

\"We're seeing the economic data starting to ease up a little bit and the repercussions for that is that you're seeing the pressure on rates come off the boil a little bit mixed in with the potential for weaker economic data, which is a pretty good recipe for the bond market.\"<\/em><\/p>\n\n\n\n

According to the CME's FedWatch tool, market participants now estimate a nearly 69% probability of a rate cut in September, up from around 50% just last week. However, it is important to say that investors are now looking forward to the nonfarm payrolls report, scheduled for release on Friday, to gain a comprehensive understanding of the labor market and the interest rate path.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Have Goldman Sachs Analysts Become Overly Optimistic By Revising Their Year-End S&P 500 Index Target Upwards<\/a><\/p>\n\n\n\n

Monthly Non-Farm Payroll Data<\/h2>\n\n\n\n

The monthly non-farm payroll data in the U.S. is a critical economic indicator that provides insights into the employment situation but also reflects economic growth, consumer spending potential, and business confidence, making it a closely watched report by investors, policymakers, and economists.<\/p>\n\n\n\n

The upcoming monthly non-farm payrolls data is expected to reveal a slowdown in job additions for May and according to economic analysts, many companies could face liquidity problems in the upcoming months. The current high interest rates encourage saving over spending and increase the cost of debt which could be particularly challenging for companies with substantial credit or variable interest rate loans.<\/p>\n\n\n\n

Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity. This situation could adversely affect stock prices and make fixed-income investments, such as bonds, more appealing than stocks.<\/p>\n","post_title":"The S&P 500 And Nasdaq Indexes Reached Record Highs This Wednesday. Could A Pullback Be Imminent?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-sp-500-and-nasdaq-indexes-reached-record-highs-this-wednesday-could-a-pullback-be-imminent","to_ping":"","pinged":"","post_modified":"2024-06-10 19:27:59","post_modified_gmt":"2024-06-10 09:27:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17270","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17144,"post_author":"14","post_date":"2024-06-02 22:13:10","post_date_gmt":"2024-06-02 12:13:10","post_content":"\n

The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever as AI leader Nvidia hit a record high which lifted investor sentiment and contributed to the rally. This milestone underscored the ongoing strength in the technology sector and the impact of major players like Nvidia on market movements. Michael James, managing director of equity trading at Wedbush Securities in Los Angeles said<\/a>:<\/p>\n\n\n\n

\"In terms of today\u2019s price action, it\u2019s all about technology and the winners continue to be the winners, specifically Nvidia. Today's tape is a function of positive stories having some stock-specific impact, but overall, as you can see from the Dow being down around 200 points, it\u2019s a generally sloppy overall market session.\"<\/em><\/p>\n\n\n\n

\"\"
The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever<\/em><\/figcaption><\/figure>\n\n\n\n

Nvidia Fiscal First-Quarter Report <\/h2>\n\n\n\n

Nvidia reported fiscal first-quarter results that exceeded Wall Street's estimates, driven by soaring demand for generative artificial intelligence. This surge led to record data center revenue, highlighting the company's pivotal role in the AI market and its strong financial performance. It is also important to mention that Nvidia's continued innovation and release of advanced GPU products attracted more customers and their cutting-edge technology offered superior performance, making them the preferred choice for various industries.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The first-quarter U.S. Earnings Season Showed Further improvements. What To Expect From The Upcoming Days?<\/a><\/p>\n\n\n\n

Market attention now turns to the U.S. core Personal Consumption Expenditures Price Index report for April, set to be released later in the week. The Fed's preferred inflation measure is anticipated to remain stable on a monthly basis but investors will be looking to see if those results will reinforce the changing opinion from the Fed policymakers that there will be no rate cuts in 2024.<\/p>\n\n\n\n

Minneapolis Fed President Neel Kashkari stated in an interview with CNBC that the U.S. central bank should hold off on cutting interest rates this year. He also mentioned that the bank might consider raising rates if inflation does not continue to decrease. This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices.<\/p>\n","post_title":"Nasdaq Exceeded 17,000 Driven By A Boost From Nvidia. What To Expect In The Upcoming Days?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nasdaq-exceeded-17000-driven-by-a-boost-from-nvidia-what-to-expect-in-the-upcoming-days","to_ping":"","pinged":"","post_modified":"2024-06-02 22:13:14","post_modified_gmt":"2024-06-02 12:13:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The S&P 500 and Nasdaq indexes reached record highs this Wednesday supported mainly by technology stocks as markets digested economic data that could support a much-expected start to the Federal Reserve's policy easing cycle.<\/p>\n\n\n\n

\"\"
The tech-heavy index Nasdaq reached record highs this Wednesday<\/em><\/figcaption><\/figure>\n\n\n\n

The May private payrolls report released this Wednesday is the latest indication of a loosening labor market, potentially prompting the Fed to consider rate cuts this year. Additionally, a report on Tuesday revealed that job openings in April fell to their lowest level in over three years. Jack Janasiewicz, a portfolio manager at Natixis Investment Managers Solutions in Boston said<\/a>:<\/p>\n\n\n\n

\"We're seeing the economic data starting to ease up a little bit and the repercussions for that is that you're seeing the pressure on rates come off the boil a little bit mixed in with the potential for weaker economic data, which is a pretty good recipe for the bond market.\"<\/em><\/p>\n\n\n\n

According to the CME's FedWatch tool, market participants now estimate a nearly 69% probability of a rate cut in September, up from around 50% just last week. However, it is important to say that investors are now looking forward to the nonfarm payrolls report, scheduled for release on Friday, to gain a comprehensive understanding of the labor market and the interest rate path.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Have Goldman Sachs Analysts Become Overly Optimistic By Revising Their Year-End S&P 500 Index Target Upwards<\/a><\/p>\n\n\n\n

Monthly Non-Farm Payroll Data<\/h2>\n\n\n\n

The monthly non-farm payroll data in the U.S. is a critical economic indicator that provides insights into the employment situation but also reflects economic growth, consumer spending potential, and business confidence, making it a closely watched report by investors, policymakers, and economists.<\/p>\n\n\n\n

The upcoming monthly non-farm payrolls data is expected to reveal a slowdown in job additions for May and according to economic analysts, many companies could face liquidity problems in the upcoming months. The current high interest rates encourage saving over spending and increase the cost of debt which could be particularly challenging for companies with substantial credit or variable interest rate loans.<\/p>\n\n\n\n

Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity. This situation could adversely affect stock prices and make fixed-income investments, such as bonds, more appealing than stocks.<\/p>\n","post_title":"The S&P 500 And Nasdaq Indexes Reached Record Highs This Wednesday. Could A Pullback Be Imminent?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-sp-500-and-nasdaq-indexes-reached-record-highs-this-wednesday-could-a-pullback-be-imminent","to_ping":"","pinged":"","post_modified":"2024-06-10 19:27:59","post_modified_gmt":"2024-06-10 09:27:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17270","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17144,"post_author":"14","post_date":"2024-06-02 22:13:10","post_date_gmt":"2024-06-02 12:13:10","post_content":"\n

The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever as AI leader Nvidia hit a record high which lifted investor sentiment and contributed to the rally. This milestone underscored the ongoing strength in the technology sector and the impact of major players like Nvidia on market movements. Michael James, managing director of equity trading at Wedbush Securities in Los Angeles said<\/a>:<\/p>\n\n\n\n

\"In terms of today\u2019s price action, it\u2019s all about technology and the winners continue to be the winners, specifically Nvidia. Today's tape is a function of positive stories having some stock-specific impact, but overall, as you can see from the Dow being down around 200 points, it\u2019s a generally sloppy overall market session.\"<\/em><\/p>\n\n\n\n

\"\"
The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever<\/em><\/figcaption><\/figure>\n\n\n\n

Nvidia Fiscal First-Quarter Report <\/h2>\n\n\n\n

Nvidia reported fiscal first-quarter results that exceeded Wall Street's estimates, driven by soaring demand for generative artificial intelligence. This surge led to record data center revenue, highlighting the company's pivotal role in the AI market and its strong financial performance. It is also important to mention that Nvidia's continued innovation and release of advanced GPU products attracted more customers and their cutting-edge technology offered superior performance, making them the preferred choice for various industries.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The first-quarter U.S. Earnings Season Showed Further improvements. What To Expect From The Upcoming Days?<\/a><\/p>\n\n\n\n

Market attention now turns to the U.S. core Personal Consumption Expenditures Price Index report for April, set to be released later in the week. The Fed's preferred inflation measure is anticipated to remain stable on a monthly basis but investors will be looking to see if those results will reinforce the changing opinion from the Fed policymakers that there will be no rate cuts in 2024.<\/p>\n\n\n\n

Minneapolis Fed President Neel Kashkari stated in an interview with CNBC that the U.S. central bank should hold off on cutting interest rates this year. He also mentioned that the bank might consider raising rates if inflation does not continue to decrease. This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices.<\/p>\n","post_title":"Nasdaq Exceeded 17,000 Driven By A Boost From Nvidia. What To Expect In The Upcoming Days?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nasdaq-exceeded-17000-driven-by-a-boost-from-nvidia-what-to-expect-in-the-upcoming-days","to_ping":"","pinged":"","post_modified":"2024-06-02 22:13:14","post_modified_gmt":"2024-06-02 12:13:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Some economic analysts believe the U.S. economy is already starting to see signs of a slowdown and according to them, many companies could face liquidity problems in the upcoming months. High rates encourage saving over spending and make the debt more costly, and companies that have a bigger credit or other loans with variable interest rates could be in a difficult situation. Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity and job creation.<\/p>\n","post_title":"Major Chip And Tech Stocks Drive Down S&P 500 And Nasdaq","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"major-chip-and-tech-stocks-drive-down-sp-500-and-nasdaq","to_ping":"","pinged":"","post_modified":"2024-07-24 13:41:01","post_modified_gmt":"2024-07-24 03:41:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17874","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17270,"post_author":"14","post_date":"2024-06-10 19:27:55","post_date_gmt":"2024-06-10 09:27:55","post_content":"\n

The S&P 500 and Nasdaq indexes reached record highs this Wednesday supported mainly by technology stocks as markets digested economic data that could support a much-expected start to the Federal Reserve's policy easing cycle.<\/p>\n\n\n\n

\"\"
The tech-heavy index Nasdaq reached record highs this Wednesday<\/em><\/figcaption><\/figure>\n\n\n\n

The May private payrolls report released this Wednesday is the latest indication of a loosening labor market, potentially prompting the Fed to consider rate cuts this year. Additionally, a report on Tuesday revealed that job openings in April fell to their lowest level in over three years. Jack Janasiewicz, a portfolio manager at Natixis Investment Managers Solutions in Boston said<\/a>:<\/p>\n\n\n\n

\"We're seeing the economic data starting to ease up a little bit and the repercussions for that is that you're seeing the pressure on rates come off the boil a little bit mixed in with the potential for weaker economic data, which is a pretty good recipe for the bond market.\"<\/em><\/p>\n\n\n\n

According to the CME's FedWatch tool, market participants now estimate a nearly 69% probability of a rate cut in September, up from around 50% just last week. However, it is important to say that investors are now looking forward to the nonfarm payrolls report, scheduled for release on Friday, to gain a comprehensive understanding of the labor market and the interest rate path.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Have Goldman Sachs Analysts Become Overly Optimistic By Revising Their Year-End S&P 500 Index Target Upwards<\/a><\/p>\n\n\n\n

Monthly Non-Farm Payroll Data<\/h2>\n\n\n\n

The monthly non-farm payroll data in the U.S. is a critical economic indicator that provides insights into the employment situation but also reflects economic growth, consumer spending potential, and business confidence, making it a closely watched report by investors, policymakers, and economists.<\/p>\n\n\n\n

The upcoming monthly non-farm payrolls data is expected to reveal a slowdown in job additions for May and according to economic analysts, many companies could face liquidity problems in the upcoming months. The current high interest rates encourage saving over spending and increase the cost of debt which could be particularly challenging for companies with substantial credit or variable interest rate loans.<\/p>\n\n\n\n

Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity. This situation could adversely affect stock prices and make fixed-income investments, such as bonds, more appealing than stocks.<\/p>\n","post_title":"The S&P 500 And Nasdaq Indexes Reached Record Highs This Wednesday. Could A Pullback Be Imminent?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-sp-500-and-nasdaq-indexes-reached-record-highs-this-wednesday-could-a-pullback-be-imminent","to_ping":"","pinged":"","post_modified":"2024-06-10 19:27:59","post_modified_gmt":"2024-06-10 09:27:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17270","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17144,"post_author":"14","post_date":"2024-06-02 22:13:10","post_date_gmt":"2024-06-02 12:13:10","post_content":"\n

The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever as AI leader Nvidia hit a record high which lifted investor sentiment and contributed to the rally. This milestone underscored the ongoing strength in the technology sector and the impact of major players like Nvidia on market movements. Michael James, managing director of equity trading at Wedbush Securities in Los Angeles said<\/a>:<\/p>\n\n\n\n

\"In terms of today\u2019s price action, it\u2019s all about technology and the winners continue to be the winners, specifically Nvidia. Today's tape is a function of positive stories having some stock-specific impact, but overall, as you can see from the Dow being down around 200 points, it\u2019s a generally sloppy overall market session.\"<\/em><\/p>\n\n\n\n

\"\"
The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever<\/em><\/figcaption><\/figure>\n\n\n\n

Nvidia Fiscal First-Quarter Report <\/h2>\n\n\n\n

Nvidia reported fiscal first-quarter results that exceeded Wall Street's estimates, driven by soaring demand for generative artificial intelligence. This surge led to record data center revenue, highlighting the company's pivotal role in the AI market and its strong financial performance. It is also important to mention that Nvidia's continued innovation and release of advanced GPU products attracted more customers and their cutting-edge technology offered superior performance, making them the preferred choice for various industries.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The first-quarter U.S. Earnings Season Showed Further improvements. What To Expect From The Upcoming Days?<\/a><\/p>\n\n\n\n

Market attention now turns to the U.S. core Personal Consumption Expenditures Price Index report for April, set to be released later in the week. The Fed's preferred inflation measure is anticipated to remain stable on a monthly basis but investors will be looking to see if those results will reinforce the changing opinion from the Fed policymakers that there will be no rate cuts in 2024.<\/p>\n\n\n\n

Minneapolis Fed President Neel Kashkari stated in an interview with CNBC that the U.S. central bank should hold off on cutting interest rates this year. He also mentioned that the bank might consider raising rates if inflation does not continue to decrease. This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices.<\/p>\n","post_title":"Nasdaq Exceeded 17,000 Driven By A Boost From Nvidia. What To Expect In The Upcoming Days?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nasdaq-exceeded-17000-driven-by-a-boost-from-nvidia-what-to-expect-in-the-upcoming-days","to_ping":"","pinged":"","post_modified":"2024-06-02 22:13:14","post_modified_gmt":"2024-06-02 12:13:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

At the same time rising geopolitical angst, especially in the U.S., put a damper on global growth expectations. It is important to mention that  27% of portfolio managers expect weaker economic growth in the coming year. This compared to 6% in June and 9% in May and was in sharp contrast to April, where a net 11% of managers looked for stronger world growth.<\/p>\n\n\n\n

Some economic analysts believe the U.S. economy is already starting to see signs of a slowdown and according to them, many companies could face liquidity problems in the upcoming months. High rates encourage saving over spending and make the debt more costly, and companies that have a bigger credit or other loans with variable interest rates could be in a difficult situation. Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity and job creation.<\/p>\n","post_title":"Major Chip And Tech Stocks Drive Down S&P 500 And Nasdaq","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"major-chip-and-tech-stocks-drive-down-sp-500-and-nasdaq","to_ping":"","pinged":"","post_modified":"2024-07-24 13:41:01","post_modified_gmt":"2024-07-24 03:41:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17874","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17270,"post_author":"14","post_date":"2024-06-10 19:27:55","post_date_gmt":"2024-06-10 09:27:55","post_content":"\n

The S&P 500 and Nasdaq indexes reached record highs this Wednesday supported mainly by technology stocks as markets digested economic data that could support a much-expected start to the Federal Reserve's policy easing cycle.<\/p>\n\n\n\n

\"\"
The tech-heavy index Nasdaq reached record highs this Wednesday<\/em><\/figcaption><\/figure>\n\n\n\n

The May private payrolls report released this Wednesday is the latest indication of a loosening labor market, potentially prompting the Fed to consider rate cuts this year. Additionally, a report on Tuesday revealed that job openings in April fell to their lowest level in over three years. Jack Janasiewicz, a portfolio manager at Natixis Investment Managers Solutions in Boston said<\/a>:<\/p>\n\n\n\n

\"We're seeing the economic data starting to ease up a little bit and the repercussions for that is that you're seeing the pressure on rates come off the boil a little bit mixed in with the potential for weaker economic data, which is a pretty good recipe for the bond market.\"<\/em><\/p>\n\n\n\n

According to the CME's FedWatch tool, market participants now estimate a nearly 69% probability of a rate cut in September, up from around 50% just last week. However, it is important to say that investors are now looking forward to the nonfarm payrolls report, scheduled for release on Friday, to gain a comprehensive understanding of the labor market and the interest rate path.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Have Goldman Sachs Analysts Become Overly Optimistic By Revising Their Year-End S&P 500 Index Target Upwards<\/a><\/p>\n\n\n\n

Monthly Non-Farm Payroll Data<\/h2>\n\n\n\n

The monthly non-farm payroll data in the U.S. is a critical economic indicator that provides insights into the employment situation but also reflects economic growth, consumer spending potential, and business confidence, making it a closely watched report by investors, policymakers, and economists.<\/p>\n\n\n\n

The upcoming monthly non-farm payrolls data is expected to reveal a slowdown in job additions for May and according to economic analysts, many companies could face liquidity problems in the upcoming months. The current high interest rates encourage saving over spending and increase the cost of debt which could be particularly challenging for companies with substantial credit or variable interest rate loans.<\/p>\n\n\n\n

Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity. This situation could adversely affect stock prices and make fixed-income investments, such as bonds, more appealing than stocks.<\/p>\n","post_title":"The S&P 500 And Nasdaq Indexes Reached Record Highs This Wednesday. Could A Pullback Be Imminent?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-sp-500-and-nasdaq-indexes-reached-record-highs-this-wednesday-could-a-pullback-be-imminent","to_ping":"","pinged":"","post_modified":"2024-06-10 19:27:59","post_modified_gmt":"2024-06-10 09:27:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17270","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17144,"post_author":"14","post_date":"2024-06-02 22:13:10","post_date_gmt":"2024-06-02 12:13:10","post_content":"\n

The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever as AI leader Nvidia hit a record high which lifted investor sentiment and contributed to the rally. This milestone underscored the ongoing strength in the technology sector and the impact of major players like Nvidia on market movements. Michael James, managing director of equity trading at Wedbush Securities in Los Angeles said<\/a>:<\/p>\n\n\n\n

\"In terms of today\u2019s price action, it\u2019s all about technology and the winners continue to be the winners, specifically Nvidia. Today's tape is a function of positive stories having some stock-specific impact, but overall, as you can see from the Dow being down around 200 points, it\u2019s a generally sloppy overall market session.\"<\/em><\/p>\n\n\n\n

\"\"
The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever<\/em><\/figcaption><\/figure>\n\n\n\n

Nvidia Fiscal First-Quarter Report <\/h2>\n\n\n\n

Nvidia reported fiscal first-quarter results that exceeded Wall Street's estimates, driven by soaring demand for generative artificial intelligence. This surge led to record data center revenue, highlighting the company's pivotal role in the AI market and its strong financial performance. It is also important to mention that Nvidia's continued innovation and release of advanced GPU products attracted more customers and their cutting-edge technology offered superior performance, making them the preferred choice for various industries.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The first-quarter U.S. Earnings Season Showed Further improvements. What To Expect From The Upcoming Days?<\/a><\/p>\n\n\n\n

Market attention now turns to the U.S. core Personal Consumption Expenditures Price Index report for April, set to be released later in the week. The Fed's preferred inflation measure is anticipated to remain stable on a monthly basis but investors will be looking to see if those results will reinforce the changing opinion from the Fed policymakers that there will be no rate cuts in 2024.<\/p>\n\n\n\n

Minneapolis Fed President Neel Kashkari stated in an interview with CNBC that the U.S. central bank should hold off on cutting interest rates this year. He also mentioned that the bank might consider raising rates if inflation does not continue to decrease. This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices.<\/p>\n","post_title":"Nasdaq Exceeded 17,000 Driven By A Boost From Nvidia. What To Expect In The Upcoming Days?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nasdaq-exceeded-17000-driven-by-a-boost-from-nvidia-what-to-expect-in-the-upcoming-days","to_ping":"","pinged":"","post_modified":"2024-06-02 22:13:14","post_modified_gmt":"2024-06-02 12:13:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

As U.S. election concerns gained prominence, fund managers were asked which policy areas they believe will be most affected by the November election. Of those polled this month, \u201ctrade policy is viewed as the most likely area to be impacted by the US election per 48% of FMC investors, followed by immigration (15%), and geopolitics,\u201d BofA Global Research said.<\/p>\n\n\n\n

At the same time rising geopolitical angst, especially in the U.S., put a damper on global growth expectations. It is important to mention that  27% of portfolio managers expect weaker economic growth in the coming year. This compared to 6% in June and 9% in May and was in sharp contrast to April, where a net 11% of managers looked for stronger world growth.<\/p>\n\n\n\n

Some economic analysts believe the U.S. economy is already starting to see signs of a slowdown and according to them, many companies could face liquidity problems in the upcoming months. High rates encourage saving over spending and make the debt more costly, and companies that have a bigger credit or other loans with variable interest rates could be in a difficult situation. Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity and job creation.<\/p>\n","post_title":"Major Chip And Tech Stocks Drive Down S&P 500 And Nasdaq","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"major-chip-and-tech-stocks-drive-down-sp-500-and-nasdaq","to_ping":"","pinged":"","post_modified":"2024-07-24 13:41:01","post_modified_gmt":"2024-07-24 03:41:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17874","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17270,"post_author":"14","post_date":"2024-06-10 19:27:55","post_date_gmt":"2024-06-10 09:27:55","post_content":"\n

The S&P 500 and Nasdaq indexes reached record highs this Wednesday supported mainly by technology stocks as markets digested economic data that could support a much-expected start to the Federal Reserve's policy easing cycle.<\/p>\n\n\n\n

\"\"
The tech-heavy index Nasdaq reached record highs this Wednesday<\/em><\/figcaption><\/figure>\n\n\n\n

The May private payrolls report released this Wednesday is the latest indication of a loosening labor market, potentially prompting the Fed to consider rate cuts this year. Additionally, a report on Tuesday revealed that job openings in April fell to their lowest level in over three years. Jack Janasiewicz, a portfolio manager at Natixis Investment Managers Solutions in Boston said<\/a>:<\/p>\n\n\n\n

\"We're seeing the economic data starting to ease up a little bit and the repercussions for that is that you're seeing the pressure on rates come off the boil a little bit mixed in with the potential for weaker economic data, which is a pretty good recipe for the bond market.\"<\/em><\/p>\n\n\n\n

According to the CME's FedWatch tool, market participants now estimate a nearly 69% probability of a rate cut in September, up from around 50% just last week. However, it is important to say that investors are now looking forward to the nonfarm payrolls report, scheduled for release on Friday, to gain a comprehensive understanding of the labor market and the interest rate path.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Have Goldman Sachs Analysts Become Overly Optimistic By Revising Their Year-End S&P 500 Index Target Upwards<\/a><\/p>\n\n\n\n

Monthly Non-Farm Payroll Data<\/h2>\n\n\n\n

The monthly non-farm payroll data in the U.S. is a critical economic indicator that provides insights into the employment situation but also reflects economic growth, consumer spending potential, and business confidence, making it a closely watched report by investors, policymakers, and economists.<\/p>\n\n\n\n

The upcoming monthly non-farm payrolls data is expected to reveal a slowdown in job additions for May and according to economic analysts, many companies could face liquidity problems in the upcoming months. The current high interest rates encourage saving over spending and increase the cost of debt which could be particularly challenging for companies with substantial credit or variable interest rate loans.<\/p>\n\n\n\n

Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity. This situation could adversely affect stock prices and make fixed-income investments, such as bonds, more appealing than stocks.<\/p>\n","post_title":"The S&P 500 And Nasdaq Indexes Reached Record Highs This Wednesday. Could A Pullback Be Imminent?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-sp-500-and-nasdaq-indexes-reached-record-highs-this-wednesday-could-a-pullback-be-imminent","to_ping":"","pinged":"","post_modified":"2024-06-10 19:27:59","post_modified_gmt":"2024-06-10 09:27:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17270","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17144,"post_author":"14","post_date":"2024-06-02 22:13:10","post_date_gmt":"2024-06-02 12:13:10","post_content":"\n

The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever as AI leader Nvidia hit a record high which lifted investor sentiment and contributed to the rally. This milestone underscored the ongoing strength in the technology sector and the impact of major players like Nvidia on market movements. Michael James, managing director of equity trading at Wedbush Securities in Los Angeles said<\/a>:<\/p>\n\n\n\n

\"In terms of today\u2019s price action, it\u2019s all about technology and the winners continue to be the winners, specifically Nvidia. Today's tape is a function of positive stories having some stock-specific impact, but overall, as you can see from the Dow being down around 200 points, it\u2019s a generally sloppy overall market session.\"<\/em><\/p>\n\n\n\n

\"\"
The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever<\/em><\/figcaption><\/figure>\n\n\n\n

Nvidia Fiscal First-Quarter Report <\/h2>\n\n\n\n

Nvidia reported fiscal first-quarter results that exceeded Wall Street's estimates, driven by soaring demand for generative artificial intelligence. This surge led to record data center revenue, highlighting the company's pivotal role in the AI market and its strong financial performance. It is also important to mention that Nvidia's continued innovation and release of advanced GPU products attracted more customers and their cutting-edge technology offered superior performance, making them the preferred choice for various industries.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The first-quarter U.S. Earnings Season Showed Further improvements. What To Expect From The Upcoming Days?<\/a><\/p>\n\n\n\n

Market attention now turns to the U.S. core Personal Consumption Expenditures Price Index report for April, set to be released later in the week. The Fed's preferred inflation measure is anticipated to remain stable on a monthly basis but investors will be looking to see if those results will reinforce the changing opinion from the Fed policymakers that there will be no rate cuts in 2024.<\/p>\n\n\n\n

Minneapolis Fed President Neel Kashkari stated in an interview with CNBC that the U.S. central bank should hold off on cutting interest rates this year. He also mentioned that the bank might consider raising rates if inflation does not continue to decrease. This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices.<\/p>\n","post_title":"Nasdaq Exceeded 17,000 Driven By A Boost From Nvidia. What To Expect In The Upcoming Days?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nasdaq-exceeded-17000-driven-by-a-boost-from-nvidia-what-to-expect-in-the-upcoming-days","to_ping":"","pinged":"","post_modified":"2024-06-02 22:13:14","post_modified_gmt":"2024-06-02 12:13:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

A recent BofA global research survey also showed that world investors remain bullish, with sentiment fueled by Federal Reserve rate cuts expected this year and into 2025. Inflation projections continued to stabilize in July, with 62% of investors now expecting lower CPI over the next 12 months, up from 57% in June and 56% in May.<\/p>\n\n\n\n

As U.S. election concerns gained prominence, fund managers were asked which policy areas they believe will be most affected by the November election. Of those polled this month, \u201ctrade policy is viewed as the most likely area to be impacted by the US election per 48% of FMC investors, followed by immigration (15%), and geopolitics,\u201d BofA Global Research said.<\/p>\n\n\n\n

At the same time rising geopolitical angst, especially in the U.S., put a damper on global growth expectations. It is important to mention that  27% of portfolio managers expect weaker economic growth in the coming year. This compared to 6% in June and 9% in May and was in sharp contrast to April, where a net 11% of managers looked for stronger world growth.<\/p>\n\n\n\n

Some economic analysts believe the U.S. economy is already starting to see signs of a slowdown and according to them, many companies could face liquidity problems in the upcoming months. High rates encourage saving over spending and make the debt more costly, and companies that have a bigger credit or other loans with variable interest rates could be in a difficult situation. Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity and job creation.<\/p>\n","post_title":"Major Chip And Tech Stocks Drive Down S&P 500 And Nasdaq","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"major-chip-and-tech-stocks-drive-down-sp-500-and-nasdaq","to_ping":"","pinged":"","post_modified":"2024-07-24 13:41:01","post_modified_gmt":"2024-07-24 03:41:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17874","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17270,"post_author":"14","post_date":"2024-06-10 19:27:55","post_date_gmt":"2024-06-10 09:27:55","post_content":"\n

The S&P 500 and Nasdaq indexes reached record highs this Wednesday supported mainly by technology stocks as markets digested economic data that could support a much-expected start to the Federal Reserve's policy easing cycle.<\/p>\n\n\n\n

\"\"
The tech-heavy index Nasdaq reached record highs this Wednesday<\/em><\/figcaption><\/figure>\n\n\n\n

The May private payrolls report released this Wednesday is the latest indication of a loosening labor market, potentially prompting the Fed to consider rate cuts this year. Additionally, a report on Tuesday revealed that job openings in April fell to their lowest level in over three years. Jack Janasiewicz, a portfolio manager at Natixis Investment Managers Solutions in Boston said<\/a>:<\/p>\n\n\n\n

\"We're seeing the economic data starting to ease up a little bit and the repercussions for that is that you're seeing the pressure on rates come off the boil a little bit mixed in with the potential for weaker economic data, which is a pretty good recipe for the bond market.\"<\/em><\/p>\n\n\n\n

According to the CME's FedWatch tool, market participants now estimate a nearly 69% probability of a rate cut in September, up from around 50% just last week. However, it is important to say that investors are now looking forward to the nonfarm payrolls report, scheduled for release on Friday, to gain a comprehensive understanding of the labor market and the interest rate path.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Have Goldman Sachs Analysts Become Overly Optimistic By Revising Their Year-End S&P 500 Index Target Upwards<\/a><\/p>\n\n\n\n

Monthly Non-Farm Payroll Data<\/h2>\n\n\n\n

The monthly non-farm payroll data in the U.S. is a critical economic indicator that provides insights into the employment situation but also reflects economic growth, consumer spending potential, and business confidence, making it a closely watched report by investors, policymakers, and economists.<\/p>\n\n\n\n

The upcoming monthly non-farm payrolls data is expected to reveal a slowdown in job additions for May and according to economic analysts, many companies could face liquidity problems in the upcoming months. The current high interest rates encourage saving over spending and increase the cost of debt which could be particularly challenging for companies with substantial credit or variable interest rate loans.<\/p>\n\n\n\n

Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity. This situation could adversely affect stock prices and make fixed-income investments, such as bonds, more appealing than stocks.<\/p>\n","post_title":"The S&P 500 And Nasdaq Indexes Reached Record Highs This Wednesday. Could A Pullback Be Imminent?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-sp-500-and-nasdaq-indexes-reached-record-highs-this-wednesday-could-a-pullback-be-imminent","to_ping":"","pinged":"","post_modified":"2024-06-10 19:27:59","post_modified_gmt":"2024-06-10 09:27:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17270","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17144,"post_author":"14","post_date":"2024-06-02 22:13:10","post_date_gmt":"2024-06-02 12:13:10","post_content":"\n

The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever as AI leader Nvidia hit a record high which lifted investor sentiment and contributed to the rally. This milestone underscored the ongoing strength in the technology sector and the impact of major players like Nvidia on market movements. Michael James, managing director of equity trading at Wedbush Securities in Los Angeles said<\/a>:<\/p>\n\n\n\n

\"In terms of today\u2019s price action, it\u2019s all about technology and the winners continue to be the winners, specifically Nvidia. Today's tape is a function of positive stories having some stock-specific impact, but overall, as you can see from the Dow being down around 200 points, it\u2019s a generally sloppy overall market session.\"<\/em><\/p>\n\n\n\n

\"\"
The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever<\/em><\/figcaption><\/figure>\n\n\n\n

Nvidia Fiscal First-Quarter Report <\/h2>\n\n\n\n

Nvidia reported fiscal first-quarter results that exceeded Wall Street's estimates, driven by soaring demand for generative artificial intelligence. This surge led to record data center revenue, highlighting the company's pivotal role in the AI market and its strong financial performance. It is also important to mention that Nvidia's continued innovation and release of advanced GPU products attracted more customers and their cutting-edge technology offered superior performance, making them the preferred choice for various industries.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The first-quarter U.S. Earnings Season Showed Further improvements. What To Expect From The Upcoming Days?<\/a><\/p>\n\n\n\n

Market attention now turns to the U.S. core Personal Consumption Expenditures Price Index report for April, set to be released later in the week. The Fed's preferred inflation measure is anticipated to remain stable on a monthly basis but investors will be looking to see if those results will reinforce the changing opinion from the Fed policymakers that there will be no rate cuts in 2024.<\/p>\n\n\n\n

Minneapolis Fed President Neel Kashkari stated in an interview with CNBC that the U.S. central bank should hold off on cutting interest rates this year. He also mentioned that the bank might consider raising rates if inflation does not continue to decrease. This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices.<\/p>\n","post_title":"Nasdaq Exceeded 17,000 Driven By A Boost From Nvidia. What To Expect In The Upcoming Days?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nasdaq-exceeded-17000-driven-by-a-boost-from-nvidia-what-to-expect-in-the-upcoming-days","to_ping":"","pinged":"","post_modified":"2024-06-02 22:13:14","post_modified_gmt":"2024-06-02 12:13:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Investors And BofA Global Research <\/h2>\n\n\n\n

A recent BofA global research survey also showed that world investors remain bullish, with sentiment fueled by Federal Reserve rate cuts expected this year and into 2025. Inflation projections continued to stabilize in July, with 62% of investors now expecting lower CPI over the next 12 months, up from 57% in June and 56% in May.<\/p>\n\n\n\n

As U.S. election concerns gained prominence, fund managers were asked which policy areas they believe will be most affected by the November election. Of those polled this month, \u201ctrade policy is viewed as the most likely area to be impacted by the US election per 48% of FMC investors, followed by immigration (15%), and geopolitics,\u201d BofA Global Research said.<\/p>\n\n\n\n

At the same time rising geopolitical angst, especially in the U.S., put a damper on global growth expectations. It is important to mention that  27% of portfolio managers expect weaker economic growth in the coming year. This compared to 6% in June and 9% in May and was in sharp contrast to April, where a net 11% of managers looked for stronger world growth.<\/p>\n\n\n\n

Some economic analysts believe the U.S. economy is already starting to see signs of a slowdown and according to them, many companies could face liquidity problems in the upcoming months. High rates encourage saving over spending and make the debt more costly, and companies that have a bigger credit or other loans with variable interest rates could be in a difficult situation. Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity and job creation.<\/p>\n","post_title":"Major Chip And Tech Stocks Drive Down S&P 500 And Nasdaq","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"major-chip-and-tech-stocks-drive-down-sp-500-and-nasdaq","to_ping":"","pinged":"","post_modified":"2024-07-24 13:41:01","post_modified_gmt":"2024-07-24 03:41:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17874","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17270,"post_author":"14","post_date":"2024-06-10 19:27:55","post_date_gmt":"2024-06-10 09:27:55","post_content":"\n

The S&P 500 and Nasdaq indexes reached record highs this Wednesday supported mainly by technology stocks as markets digested economic data that could support a much-expected start to the Federal Reserve's policy easing cycle.<\/p>\n\n\n\n

\"\"
The tech-heavy index Nasdaq reached record highs this Wednesday<\/em><\/figcaption><\/figure>\n\n\n\n

The May private payrolls report released this Wednesday is the latest indication of a loosening labor market, potentially prompting the Fed to consider rate cuts this year. Additionally, a report on Tuesday revealed that job openings in April fell to their lowest level in over three years. Jack Janasiewicz, a portfolio manager at Natixis Investment Managers Solutions in Boston said<\/a>:<\/p>\n\n\n\n

\"We're seeing the economic data starting to ease up a little bit and the repercussions for that is that you're seeing the pressure on rates come off the boil a little bit mixed in with the potential for weaker economic data, which is a pretty good recipe for the bond market.\"<\/em><\/p>\n\n\n\n

According to the CME's FedWatch tool, market participants now estimate a nearly 69% probability of a rate cut in September, up from around 50% just last week. However, it is important to say that investors are now looking forward to the nonfarm payrolls report, scheduled for release on Friday, to gain a comprehensive understanding of the labor market and the interest rate path.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Have Goldman Sachs Analysts Become Overly Optimistic By Revising Their Year-End S&P 500 Index Target Upwards<\/a><\/p>\n\n\n\n

Monthly Non-Farm Payroll Data<\/h2>\n\n\n\n

The monthly non-farm payroll data in the U.S. is a critical economic indicator that provides insights into the employment situation but also reflects economic growth, consumer spending potential, and business confidence, making it a closely watched report by investors, policymakers, and economists.<\/p>\n\n\n\n

The upcoming monthly non-farm payrolls data is expected to reveal a slowdown in job additions for May and according to economic analysts, many companies could face liquidity problems in the upcoming months. The current high interest rates encourage saving over spending and increase the cost of debt which could be particularly challenging for companies with substantial credit or variable interest rate loans.<\/p>\n\n\n\n

Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity. This situation could adversely affect stock prices and make fixed-income investments, such as bonds, more appealing than stocks.<\/p>\n","post_title":"The S&P 500 And Nasdaq Indexes Reached Record Highs This Wednesday. Could A Pullback Be Imminent?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-sp-500-and-nasdaq-indexes-reached-record-highs-this-wednesday-could-a-pullback-be-imminent","to_ping":"","pinged":"","post_modified":"2024-06-10 19:27:59","post_modified_gmt":"2024-06-10 09:27:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17270","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17144,"post_author":"14","post_date":"2024-06-02 22:13:10","post_date_gmt":"2024-06-02 12:13:10","post_content":"\n

The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever as AI leader Nvidia hit a record high which lifted investor sentiment and contributed to the rally. This milestone underscored the ongoing strength in the technology sector and the impact of major players like Nvidia on market movements. Michael James, managing director of equity trading at Wedbush Securities in Los Angeles said<\/a>:<\/p>\n\n\n\n

\"In terms of today\u2019s price action, it\u2019s all about technology and the winners continue to be the winners, specifically Nvidia. Today's tape is a function of positive stories having some stock-specific impact, but overall, as you can see from the Dow being down around 200 points, it\u2019s a generally sloppy overall market session.\"<\/em><\/p>\n\n\n\n

\"\"
The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever<\/em><\/figcaption><\/figure>\n\n\n\n

Nvidia Fiscal First-Quarter Report <\/h2>\n\n\n\n

Nvidia reported fiscal first-quarter results that exceeded Wall Street's estimates, driven by soaring demand for generative artificial intelligence. This surge led to record data center revenue, highlighting the company's pivotal role in the AI market and its strong financial performance. It is also important to mention that Nvidia's continued innovation and release of advanced GPU products attracted more customers and their cutting-edge technology offered superior performance, making them the preferred choice for various industries.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The first-quarter U.S. Earnings Season Showed Further improvements. What To Expect From The Upcoming Days?<\/a><\/p>\n\n\n\n

Market attention now turns to the U.S. core Personal Consumption Expenditures Price Index report for April, set to be released later in the week. The Fed's preferred inflation measure is anticipated to remain stable on a monthly basis but investors will be looking to see if those results will reinforce the changing opinion from the Fed policymakers that there will be no rate cuts in 2024.<\/p>\n\n\n\n

Minneapolis Fed President Neel Kashkari stated in an interview with CNBC that the U.S. central bank should hold off on cutting interest rates this year. He also mentioned that the bank might consider raising rates if inflation does not continue to decrease. This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices.<\/p>\n","post_title":"Nasdaq Exceeded 17,000 Driven By A Boost From Nvidia. What To Expect In The Upcoming Days?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nasdaq-exceeded-17000-driven-by-a-boost-from-nvidia-what-to-expect-in-the-upcoming-days","to_ping":"","pinged":"","post_modified":"2024-06-02 22:13:14","post_modified_gmt":"2024-06-02 12:13:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

See Related: <\/em><\/strong>The S&amp; P 500 And Nasdaq Indexes Closed At Record Highs This Tuesday.\u00a0 What To Expect In The Upcoming Days?<\/a><\/p>\n\n\n\n

Investors And BofA Global Research <\/h2>\n\n\n\n

A recent BofA global research survey also showed that world investors remain bullish, with sentiment fueled by Federal Reserve rate cuts expected this year and into 2025. Inflation projections continued to stabilize in July, with 62% of investors now expecting lower CPI over the next 12 months, up from 57% in June and 56% in May.<\/p>\n\n\n\n

As U.S. election concerns gained prominence, fund managers were asked which policy areas they believe will be most affected by the November election. Of those polled this month, \u201ctrade policy is viewed as the most likely area to be impacted by the US election per 48% of FMC investors, followed by immigration (15%), and geopolitics,\u201d BofA Global Research said.<\/p>\n\n\n\n

At the same time rising geopolitical angst, especially in the U.S., put a damper on global growth expectations. It is important to mention that  27% of portfolio managers expect weaker economic growth in the coming year. This compared to 6% in June and 9% in May and was in sharp contrast to April, where a net 11% of managers looked for stronger world growth.<\/p>\n\n\n\n

Some economic analysts believe the U.S. economy is already starting to see signs of a slowdown and according to them, many companies could face liquidity problems in the upcoming months. High rates encourage saving over spending and make the debt more costly, and companies that have a bigger credit or other loans with variable interest rates could be in a difficult situation. Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity and job creation.<\/p>\n","post_title":"Major Chip And Tech Stocks Drive Down S&P 500 And Nasdaq","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"major-chip-and-tech-stocks-drive-down-sp-500-and-nasdaq","to_ping":"","pinged":"","post_modified":"2024-07-24 13:41:01","post_modified_gmt":"2024-07-24 03:41:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17874","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17270,"post_author":"14","post_date":"2024-06-10 19:27:55","post_date_gmt":"2024-06-10 09:27:55","post_content":"\n

The S&P 500 and Nasdaq indexes reached record highs this Wednesday supported mainly by technology stocks as markets digested economic data that could support a much-expected start to the Federal Reserve's policy easing cycle.<\/p>\n\n\n\n

\"\"
The tech-heavy index Nasdaq reached record highs this Wednesday<\/em><\/figcaption><\/figure>\n\n\n\n

The May private payrolls report released this Wednesday is the latest indication of a loosening labor market, potentially prompting the Fed to consider rate cuts this year. Additionally, a report on Tuesday revealed that job openings in April fell to their lowest level in over three years. Jack Janasiewicz, a portfolio manager at Natixis Investment Managers Solutions in Boston said<\/a>:<\/p>\n\n\n\n

\"We're seeing the economic data starting to ease up a little bit and the repercussions for that is that you're seeing the pressure on rates come off the boil a little bit mixed in with the potential for weaker economic data, which is a pretty good recipe for the bond market.\"<\/em><\/p>\n\n\n\n

According to the CME's FedWatch tool, market participants now estimate a nearly 69% probability of a rate cut in September, up from around 50% just last week. However, it is important to say that investors are now looking forward to the nonfarm payrolls report, scheduled for release on Friday, to gain a comprehensive understanding of the labor market and the interest rate path.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Have Goldman Sachs Analysts Become Overly Optimistic By Revising Their Year-End S&P 500 Index Target Upwards<\/a><\/p>\n\n\n\n

Monthly Non-Farm Payroll Data<\/h2>\n\n\n\n

The monthly non-farm payroll data in the U.S. is a critical economic indicator that provides insights into the employment situation but also reflects economic growth, consumer spending potential, and business confidence, making it a closely watched report by investors, policymakers, and economists.<\/p>\n\n\n\n

The upcoming monthly non-farm payrolls data is expected to reveal a slowdown in job additions for May and according to economic analysts, many companies could face liquidity problems in the upcoming months. The current high interest rates encourage saving over spending and increase the cost of debt which could be particularly challenging for companies with substantial credit or variable interest rate loans.<\/p>\n\n\n\n

Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity. This situation could adversely affect stock prices and make fixed-income investments, such as bonds, more appealing than stocks.<\/p>\n","post_title":"The S&P 500 And Nasdaq Indexes Reached Record Highs This Wednesday. Could A Pullback Be Imminent?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-sp-500-and-nasdaq-indexes-reached-record-highs-this-wednesday-could-a-pullback-be-imminent","to_ping":"","pinged":"","post_modified":"2024-06-10 19:27:59","post_modified_gmt":"2024-06-10 09:27:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17270","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17144,"post_author":"14","post_date":"2024-06-02 22:13:10","post_date_gmt":"2024-06-02 12:13:10","post_content":"\n

The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever as AI leader Nvidia hit a record high which lifted investor sentiment and contributed to the rally. This milestone underscored the ongoing strength in the technology sector and the impact of major players like Nvidia on market movements. Michael James, managing director of equity trading at Wedbush Securities in Los Angeles said<\/a>:<\/p>\n\n\n\n

\"In terms of today\u2019s price action, it\u2019s all about technology and the winners continue to be the winners, specifically Nvidia. Today's tape is a function of positive stories having some stock-specific impact, but overall, as you can see from the Dow being down around 200 points, it\u2019s a generally sloppy overall market session.\"<\/em><\/p>\n\n\n\n

\"\"
The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever<\/em><\/figcaption><\/figure>\n\n\n\n

Nvidia Fiscal First-Quarter Report <\/h2>\n\n\n\n

Nvidia reported fiscal first-quarter results that exceeded Wall Street's estimates, driven by soaring demand for generative artificial intelligence. This surge led to record data center revenue, highlighting the company's pivotal role in the AI market and its strong financial performance. It is also important to mention that Nvidia's continued innovation and release of advanced GPU products attracted more customers and their cutting-edge technology offered superior performance, making them the preferred choice for various industries.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The first-quarter U.S. Earnings Season Showed Further improvements. What To Expect From The Upcoming Days?<\/a><\/p>\n\n\n\n

Market attention now turns to the U.S. core Personal Consumption Expenditures Price Index report for April, set to be released later in the week. The Fed's preferred inflation measure is anticipated to remain stable on a monthly basis but investors will be looking to see if those results will reinforce the changing opinion from the Fed policymakers that there will be no rate cuts in 2024.<\/p>\n\n\n\n

Minneapolis Fed President Neel Kashkari stated in an interview with CNBC that the U.S. central bank should hold off on cutting interest rates this year. He also mentioned that the bank might consider raising rates if inflation does not continue to decrease. This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices.<\/p>\n","post_title":"Nasdaq Exceeded 17,000 Driven By A Boost From Nvidia. What To Expect In The Upcoming Days?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nasdaq-exceeded-17000-driven-by-a-boost-from-nvidia-what-to-expect-in-the-upcoming-days","to_ping":"","pinged":"","post_modified":"2024-06-02 22:13:14","post_modified_gmt":"2024-06-02 12:13:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

However, David Rosernberg, founder and president of Rosenberg Research, believes Wall Street's losses on Wednesday are unlikely to last. Growing speculation about a Federal Reserve rate cut in September, along with rising expectations of former President Donald Trump's return to the White House after the attempt on his life, has given stocks a significant boost in recent sessions.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The S&amp; P 500 And Nasdaq Indexes Closed At Record Highs This Tuesday.\u00a0 What To Expect In The Upcoming Days?<\/a><\/p>\n\n\n\n

Investors And BofA Global Research <\/h2>\n\n\n\n

A recent BofA global research survey also showed that world investors remain bullish, with sentiment fueled by Federal Reserve rate cuts expected this year and into 2025. Inflation projections continued to stabilize in July, with 62% of investors now expecting lower CPI over the next 12 months, up from 57% in June and 56% in May.<\/p>\n\n\n\n

As U.S. election concerns gained prominence, fund managers were asked which policy areas they believe will be most affected by the November election. Of those polled this month, \u201ctrade policy is viewed as the most likely area to be impacted by the US election per 48% of FMC investors, followed by immigration (15%), and geopolitics,\u201d BofA Global Research said.<\/p>\n\n\n\n

At the same time rising geopolitical angst, especially in the U.S., put a damper on global growth expectations. It is important to mention that  27% of portfolio managers expect weaker economic growth in the coming year. This compared to 6% in June and 9% in May and was in sharp contrast to April, where a net 11% of managers looked for stronger world growth.<\/p>\n\n\n\n

Some economic analysts believe the U.S. economy is already starting to see signs of a slowdown and according to them, many companies could face liquidity problems in the upcoming months. High rates encourage saving over spending and make the debt more costly, and companies that have a bigger credit or other loans with variable interest rates could be in a difficult situation. Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity and job creation.<\/p>\n","post_title":"Major Chip And Tech Stocks Drive Down S&P 500 And Nasdaq","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"major-chip-and-tech-stocks-drive-down-sp-500-and-nasdaq","to_ping":"","pinged":"","post_modified":"2024-07-24 13:41:01","post_modified_gmt":"2024-07-24 03:41:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17874","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17270,"post_author":"14","post_date":"2024-06-10 19:27:55","post_date_gmt":"2024-06-10 09:27:55","post_content":"\n

The S&P 500 and Nasdaq indexes reached record highs this Wednesday supported mainly by technology stocks as markets digested economic data that could support a much-expected start to the Federal Reserve's policy easing cycle.<\/p>\n\n\n\n

\"\"
The tech-heavy index Nasdaq reached record highs this Wednesday<\/em><\/figcaption><\/figure>\n\n\n\n

The May private payrolls report released this Wednesday is the latest indication of a loosening labor market, potentially prompting the Fed to consider rate cuts this year. Additionally, a report on Tuesday revealed that job openings in April fell to their lowest level in over three years. Jack Janasiewicz, a portfolio manager at Natixis Investment Managers Solutions in Boston said<\/a>:<\/p>\n\n\n\n

\"We're seeing the economic data starting to ease up a little bit and the repercussions for that is that you're seeing the pressure on rates come off the boil a little bit mixed in with the potential for weaker economic data, which is a pretty good recipe for the bond market.\"<\/em><\/p>\n\n\n\n

According to the CME's FedWatch tool, market participants now estimate a nearly 69% probability of a rate cut in September, up from around 50% just last week. However, it is important to say that investors are now looking forward to the nonfarm payrolls report, scheduled for release on Friday, to gain a comprehensive understanding of the labor market and the interest rate path.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Have Goldman Sachs Analysts Become Overly Optimistic By Revising Their Year-End S&P 500 Index Target Upwards<\/a><\/p>\n\n\n\n

Monthly Non-Farm Payroll Data<\/h2>\n\n\n\n

The monthly non-farm payroll data in the U.S. is a critical economic indicator that provides insights into the employment situation but also reflects economic growth, consumer spending potential, and business confidence, making it a closely watched report by investors, policymakers, and economists.<\/p>\n\n\n\n

The upcoming monthly non-farm payrolls data is expected to reveal a slowdown in job additions for May and according to economic analysts, many companies could face liquidity problems in the upcoming months. The current high interest rates encourage saving over spending and increase the cost of debt which could be particularly challenging for companies with substantial credit or variable interest rate loans.<\/p>\n\n\n\n

Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity. This situation could adversely affect stock prices and make fixed-income investments, such as bonds, more appealing than stocks.<\/p>\n","post_title":"The S&P 500 And Nasdaq Indexes Reached Record Highs This Wednesday. Could A Pullback Be Imminent?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-sp-500-and-nasdaq-indexes-reached-record-highs-this-wednesday-could-a-pullback-be-imminent","to_ping":"","pinged":"","post_modified":"2024-06-10 19:27:59","post_modified_gmt":"2024-06-10 09:27:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17270","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17144,"post_author":"14","post_date":"2024-06-02 22:13:10","post_date_gmt":"2024-06-02 12:13:10","post_content":"\n

The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever as AI leader Nvidia hit a record high which lifted investor sentiment and contributed to the rally. This milestone underscored the ongoing strength in the technology sector and the impact of major players like Nvidia on market movements. Michael James, managing director of equity trading at Wedbush Securities in Los Angeles said<\/a>:<\/p>\n\n\n\n

\"In terms of today\u2019s price action, it\u2019s all about technology and the winners continue to be the winners, specifically Nvidia. Today's tape is a function of positive stories having some stock-specific impact, but overall, as you can see from the Dow being down around 200 points, it\u2019s a generally sloppy overall market session.\"<\/em><\/p>\n\n\n\n

\"\"
The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever<\/em><\/figcaption><\/figure>\n\n\n\n

Nvidia Fiscal First-Quarter Report <\/h2>\n\n\n\n

Nvidia reported fiscal first-quarter results that exceeded Wall Street's estimates, driven by soaring demand for generative artificial intelligence. This surge led to record data center revenue, highlighting the company's pivotal role in the AI market and its strong financial performance. It is also important to mention that Nvidia's continued innovation and release of advanced GPU products attracted more customers and their cutting-edge technology offered superior performance, making them the preferred choice for various industries.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The first-quarter U.S. Earnings Season Showed Further improvements. What To Expect From The Upcoming Days?<\/a><\/p>\n\n\n\n

Market attention now turns to the U.S. core Personal Consumption Expenditures Price Index report for April, set to be released later in the week. The Fed's preferred inflation measure is anticipated to remain stable on a monthly basis but investors will be looking to see if those results will reinforce the changing opinion from the Fed policymakers that there will be no rate cuts in 2024.<\/p>\n\n\n\n

Minneapolis Fed President Neel Kashkari stated in an interview with CNBC that the U.S. central bank should hold off on cutting interest rates this year. He also mentioned that the bank might consider raising rates if inflation does not continue to decrease. This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices.<\/p>\n","post_title":"Nasdaq Exceeded 17,000 Driven By A Boost From Nvidia. What To Expect In The Upcoming Days?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nasdaq-exceeded-17000-driven-by-a-boost-from-nvidia-what-to-expect-in-the-upcoming-days","to_ping":"","pinged":"","post_modified":"2024-06-02 22:13:14","post_modified_gmt":"2024-06-02 12:13:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n
\"\"
Nasdaq has weakened more than 2% this Wednesday<\/em><\/figcaption><\/figure>\n\n\n\n

However, David Rosernberg, founder and president of Rosenberg Research, believes Wall Street's losses on Wednesday are unlikely to last. Growing speculation about a Federal Reserve rate cut in September, along with rising expectations of former President Donald Trump's return to the White House after the attempt on his life, has given stocks a significant boost in recent sessions.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The S&amp; P 500 And Nasdaq Indexes Closed At Record Highs This Tuesday.\u00a0 What To Expect In The Upcoming Days?<\/a><\/p>\n\n\n\n

Investors And BofA Global Research <\/h2>\n\n\n\n

A recent BofA global research survey also showed that world investors remain bullish, with sentiment fueled by Federal Reserve rate cuts expected this year and into 2025. Inflation projections continued to stabilize in July, with 62% of investors now expecting lower CPI over the next 12 months, up from 57% in June and 56% in May.<\/p>\n\n\n\n

As U.S. election concerns gained prominence, fund managers were asked which policy areas they believe will be most affected by the November election. Of those polled this month, \u201ctrade policy is viewed as the most likely area to be impacted by the US election per 48% of FMC investors, followed by immigration (15%), and geopolitics,\u201d BofA Global Research said.<\/p>\n\n\n\n

At the same time rising geopolitical angst, especially in the U.S., put a damper on global growth expectations. It is important to mention that  27% of portfolio managers expect weaker economic growth in the coming year. This compared to 6% in June and 9% in May and was in sharp contrast to April, where a net 11% of managers looked for stronger world growth.<\/p>\n\n\n\n

Some economic analysts believe the U.S. economy is already starting to see signs of a slowdown and according to them, many companies could face liquidity problems in the upcoming months. High rates encourage saving over spending and make the debt more costly, and companies that have a bigger credit or other loans with variable interest rates could be in a difficult situation. Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity and job creation.<\/p>\n","post_title":"Major Chip And Tech Stocks Drive Down S&P 500 And Nasdaq","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"major-chip-and-tech-stocks-drive-down-sp-500-and-nasdaq","to_ping":"","pinged":"","post_modified":"2024-07-24 13:41:01","post_modified_gmt":"2024-07-24 03:41:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17874","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17270,"post_author":"14","post_date":"2024-06-10 19:27:55","post_date_gmt":"2024-06-10 09:27:55","post_content":"\n

The S&P 500 and Nasdaq indexes reached record highs this Wednesday supported mainly by technology stocks as markets digested economic data that could support a much-expected start to the Federal Reserve's policy easing cycle.<\/p>\n\n\n\n

\"\"
The tech-heavy index Nasdaq reached record highs this Wednesday<\/em><\/figcaption><\/figure>\n\n\n\n

The May private payrolls report released this Wednesday is the latest indication of a loosening labor market, potentially prompting the Fed to consider rate cuts this year. Additionally, a report on Tuesday revealed that job openings in April fell to their lowest level in over three years. Jack Janasiewicz, a portfolio manager at Natixis Investment Managers Solutions in Boston said<\/a>:<\/p>\n\n\n\n

\"We're seeing the economic data starting to ease up a little bit and the repercussions for that is that you're seeing the pressure on rates come off the boil a little bit mixed in with the potential for weaker economic data, which is a pretty good recipe for the bond market.\"<\/em><\/p>\n\n\n\n

According to the CME's FedWatch tool, market participants now estimate a nearly 69% probability of a rate cut in September, up from around 50% just last week. However, it is important to say that investors are now looking forward to the nonfarm payrolls report, scheduled for release on Friday, to gain a comprehensive understanding of the labor market and the interest rate path.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Have Goldman Sachs Analysts Become Overly Optimistic By Revising Their Year-End S&P 500 Index Target Upwards<\/a><\/p>\n\n\n\n

Monthly Non-Farm Payroll Data<\/h2>\n\n\n\n

The monthly non-farm payroll data in the U.S. is a critical economic indicator that provides insights into the employment situation but also reflects economic growth, consumer spending potential, and business confidence, making it a closely watched report by investors, policymakers, and economists.<\/p>\n\n\n\n

The upcoming monthly non-farm payrolls data is expected to reveal a slowdown in job additions for May and according to economic analysts, many companies could face liquidity problems in the upcoming months. The current high interest rates encourage saving over spending and increase the cost of debt which could be particularly challenging for companies with substantial credit or variable interest rate loans.<\/p>\n\n\n\n

Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity. This situation could adversely affect stock prices and make fixed-income investments, such as bonds, more appealing than stocks.<\/p>\n","post_title":"The S&P 500 And Nasdaq Indexes Reached Record Highs This Wednesday. Could A Pullback Be Imminent?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-sp-500-and-nasdaq-indexes-reached-record-highs-this-wednesday-could-a-pullback-be-imminent","to_ping":"","pinged":"","post_modified":"2024-06-10 19:27:59","post_modified_gmt":"2024-06-10 09:27:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17270","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17144,"post_author":"14","post_date":"2024-06-02 22:13:10","post_date_gmt":"2024-06-02 12:13:10","post_content":"\n

The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever as AI leader Nvidia hit a record high which lifted investor sentiment and contributed to the rally. This milestone underscored the ongoing strength in the technology sector and the impact of major players like Nvidia on market movements. Michael James, managing director of equity trading at Wedbush Securities in Los Angeles said<\/a>:<\/p>\n\n\n\n

\"In terms of today\u2019s price action, it\u2019s all about technology and the winners continue to be the winners, specifically Nvidia. Today's tape is a function of positive stories having some stock-specific impact, but overall, as you can see from the Dow being down around 200 points, it\u2019s a generally sloppy overall market session.\"<\/em><\/p>\n\n\n\n

\"\"
The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever<\/em><\/figcaption><\/figure>\n\n\n\n

Nvidia Fiscal First-Quarter Report <\/h2>\n\n\n\n

Nvidia reported fiscal first-quarter results that exceeded Wall Street's estimates, driven by soaring demand for generative artificial intelligence. This surge led to record data center revenue, highlighting the company's pivotal role in the AI market and its strong financial performance. It is also important to mention that Nvidia's continued innovation and release of advanced GPU products attracted more customers and their cutting-edge technology offered superior performance, making them the preferred choice for various industries.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The first-quarter U.S. Earnings Season Showed Further improvements. What To Expect From The Upcoming Days?<\/a><\/p>\n\n\n\n

Market attention now turns to the U.S. core Personal Consumption Expenditures Price Index report for April, set to be released later in the week. The Fed's preferred inflation measure is anticipated to remain stable on a monthly basis but investors will be looking to see if those results will reinforce the changing opinion from the Fed policymakers that there will be no rate cuts in 2024.<\/p>\n\n\n\n

Minneapolis Fed President Neel Kashkari stated in an interview with CNBC that the U.S. central bank should hold off on cutting interest rates this year. He also mentioned that the bank might consider raising rates if inflation does not continue to decrease. This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices.<\/p>\n","post_title":"Nasdaq Exceeded 17,000 Driven By A Boost From Nvidia. What To Expect In The Upcoming Days?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nasdaq-exceeded-17000-driven-by-a-boost-from-nvidia-what-to-expect-in-the-upcoming-days","to_ping":"","pinged":"","post_modified":"2024-06-02 22:13:14","post_modified_gmt":"2024-06-02 12:13:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

According to a Bloomberg report, the Biden administration has warned its allies that it might impose the toughest trade restrictions on China if companies like Tokyo Electron and ASML Holding NV keep providing advanced semiconductor technology to the country.<\/p>\n\n\n\n

\"\"
Nasdaq has weakened more than 2% this Wednesday<\/em><\/figcaption><\/figure>\n\n\n\n

However, David Rosernberg, founder and president of Rosenberg Research, believes Wall Street's losses on Wednesday are unlikely to last. Growing speculation about a Federal Reserve rate cut in September, along with rising expectations of former President Donald Trump's return to the White House after the attempt on his life, has given stocks a significant boost in recent sessions.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The S&amp; P 500 And Nasdaq Indexes Closed At Record Highs This Tuesday.\u00a0 What To Expect In The Upcoming Days?<\/a><\/p>\n\n\n\n

Investors And BofA Global Research <\/h2>\n\n\n\n

A recent BofA global research survey also showed that world investors remain bullish, with sentiment fueled by Federal Reserve rate cuts expected this year and into 2025. Inflation projections continued to stabilize in July, with 62% of investors now expecting lower CPI over the next 12 months, up from 57% in June and 56% in May.<\/p>\n\n\n\n

As U.S. election concerns gained prominence, fund managers were asked which policy areas they believe will be most affected by the November election. Of those polled this month, \u201ctrade policy is viewed as the most likely area to be impacted by the US election per 48% of FMC investors, followed by immigration (15%), and geopolitics,\u201d BofA Global Research said.<\/p>\n\n\n\n

At the same time rising geopolitical angst, especially in the U.S., put a damper on global growth expectations. It is important to mention that  27% of portfolio managers expect weaker economic growth in the coming year. This compared to 6% in June and 9% in May and was in sharp contrast to April, where a net 11% of managers looked for stronger world growth.<\/p>\n\n\n\n

Some economic analysts believe the U.S. economy is already starting to see signs of a slowdown and according to them, many companies could face liquidity problems in the upcoming months. High rates encourage saving over spending and make the debt more costly, and companies that have a bigger credit or other loans with variable interest rates could be in a difficult situation. Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity and job creation.<\/p>\n","post_title":"Major Chip And Tech Stocks Drive Down S&P 500 And Nasdaq","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"major-chip-and-tech-stocks-drive-down-sp-500-and-nasdaq","to_ping":"","pinged":"","post_modified":"2024-07-24 13:41:01","post_modified_gmt":"2024-07-24 03:41:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17874","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17270,"post_author":"14","post_date":"2024-06-10 19:27:55","post_date_gmt":"2024-06-10 09:27:55","post_content":"\n

The S&P 500 and Nasdaq indexes reached record highs this Wednesday supported mainly by technology stocks as markets digested economic data that could support a much-expected start to the Federal Reserve's policy easing cycle.<\/p>\n\n\n\n

\"\"
The tech-heavy index Nasdaq reached record highs this Wednesday<\/em><\/figcaption><\/figure>\n\n\n\n

The May private payrolls report released this Wednesday is the latest indication of a loosening labor market, potentially prompting the Fed to consider rate cuts this year. Additionally, a report on Tuesday revealed that job openings in April fell to their lowest level in over three years. Jack Janasiewicz, a portfolio manager at Natixis Investment Managers Solutions in Boston said<\/a>:<\/p>\n\n\n\n

\"We're seeing the economic data starting to ease up a little bit and the repercussions for that is that you're seeing the pressure on rates come off the boil a little bit mixed in with the potential for weaker economic data, which is a pretty good recipe for the bond market.\"<\/em><\/p>\n\n\n\n

According to the CME's FedWatch tool, market participants now estimate a nearly 69% probability of a rate cut in September, up from around 50% just last week. However, it is important to say that investors are now looking forward to the nonfarm payrolls report, scheduled for release on Friday, to gain a comprehensive understanding of the labor market and the interest rate path.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Have Goldman Sachs Analysts Become Overly Optimistic By Revising Their Year-End S&P 500 Index Target Upwards<\/a><\/p>\n\n\n\n

Monthly Non-Farm Payroll Data<\/h2>\n\n\n\n

The monthly non-farm payroll data in the U.S. is a critical economic indicator that provides insights into the employment situation but also reflects economic growth, consumer spending potential, and business confidence, making it a closely watched report by investors, policymakers, and economists.<\/p>\n\n\n\n

The upcoming monthly non-farm payrolls data is expected to reveal a slowdown in job additions for May and according to economic analysts, many companies could face liquidity problems in the upcoming months. The current high interest rates encourage saving over spending and increase the cost of debt which could be particularly challenging for companies with substantial credit or variable interest rate loans.<\/p>\n\n\n\n

Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity. This situation could adversely affect stock prices and make fixed-income investments, such as bonds, more appealing than stocks.<\/p>\n","post_title":"The S&P 500 And Nasdaq Indexes Reached Record Highs This Wednesday. Could A Pullback Be Imminent?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-sp-500-and-nasdaq-indexes-reached-record-highs-this-wednesday-could-a-pullback-be-imminent","to_ping":"","pinged":"","post_modified":"2024-06-10 19:27:59","post_modified_gmt":"2024-06-10 09:27:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17270","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17144,"post_author":"14","post_date":"2024-06-02 22:13:10","post_date_gmt":"2024-06-02 12:13:10","post_content":"\n

The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever as AI leader Nvidia hit a record high which lifted investor sentiment and contributed to the rally. This milestone underscored the ongoing strength in the technology sector and the impact of major players like Nvidia on market movements. Michael James, managing director of equity trading at Wedbush Securities in Los Angeles said<\/a>:<\/p>\n\n\n\n

\"In terms of today\u2019s price action, it\u2019s all about technology and the winners continue to be the winners, specifically Nvidia. Today's tape is a function of positive stories having some stock-specific impact, but overall, as you can see from the Dow being down around 200 points, it\u2019s a generally sloppy overall market session.\"<\/em><\/p>\n\n\n\n

\"\"
The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever<\/em><\/figcaption><\/figure>\n\n\n\n

Nvidia Fiscal First-Quarter Report <\/h2>\n\n\n\n

Nvidia reported fiscal first-quarter results that exceeded Wall Street's estimates, driven by soaring demand for generative artificial intelligence. This surge led to record data center revenue, highlighting the company's pivotal role in the AI market and its strong financial performance. It is also important to mention that Nvidia's continued innovation and release of advanced GPU products attracted more customers and their cutting-edge technology offered superior performance, making them the preferred choice for various industries.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The first-quarter U.S. Earnings Season Showed Further improvements. What To Expect From The Upcoming Days?<\/a><\/p>\n\n\n\n

Market attention now turns to the U.S. core Personal Consumption Expenditures Price Index report for April, set to be released later in the week. The Fed's preferred inflation measure is anticipated to remain stable on a monthly basis but investors will be looking to see if those results will reinforce the changing opinion from the Fed policymakers that there will be no rate cuts in 2024.<\/p>\n\n\n\n

Minneapolis Fed President Neel Kashkari stated in an interview with CNBC that the U.S. central bank should hold off on cutting interest rates this year. He also mentioned that the bank might consider raising rates if inflation does not continue to decrease. This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices.<\/p>\n","post_title":"Nasdaq Exceeded 17,000 Driven By A Boost From Nvidia. What To Expect In The Upcoming Days?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nasdaq-exceeded-17000-driven-by-a-boost-from-nvidia-what-to-expect-in-the-upcoming-days","to_ping":"","pinged":"","post_modified":"2024-06-02 22:13:14","post_modified_gmt":"2024-06-02 12:13:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The S&P 500 and the Nasdaq are struggling this Wednesday, driven down by declines in major chip and tech stocks while analysts point to potential stricter U.S. trade restrictions on China as a significant factor behind this downturn.<\/p>\n\n\n\n

According to a Bloomberg report, the Biden administration has warned its allies that it might impose the toughest trade restrictions on China if companies like Tokyo Electron and ASML Holding NV keep providing advanced semiconductor technology to the country.<\/p>\n\n\n\n

\"\"
Nasdaq has weakened more than 2% this Wednesday<\/em><\/figcaption><\/figure>\n\n\n\n

However, David Rosernberg, founder and president of Rosenberg Research, believes Wall Street's losses on Wednesday are unlikely to last. Growing speculation about a Federal Reserve rate cut in September, along with rising expectations of former President Donald Trump's return to the White House after the attempt on his life, has given stocks a significant boost in recent sessions.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The S&amp; P 500 And Nasdaq Indexes Closed At Record Highs This Tuesday.\u00a0 What To Expect In The Upcoming Days?<\/a><\/p>\n\n\n\n

Investors And BofA Global Research <\/h2>\n\n\n\n

A recent BofA global research survey also showed that world investors remain bullish, with sentiment fueled by Federal Reserve rate cuts expected this year and into 2025. Inflation projections continued to stabilize in July, with 62% of investors now expecting lower CPI over the next 12 months, up from 57% in June and 56% in May.<\/p>\n\n\n\n

As U.S. election concerns gained prominence, fund managers were asked which policy areas they believe will be most affected by the November election. Of those polled this month, \u201ctrade policy is viewed as the most likely area to be impacted by the US election per 48% of FMC investors, followed by immigration (15%), and geopolitics,\u201d BofA Global Research said.<\/p>\n\n\n\n

At the same time rising geopolitical angst, especially in the U.S., put a damper on global growth expectations. It is important to mention that  27% of portfolio managers expect weaker economic growth in the coming year. This compared to 6% in June and 9% in May and was in sharp contrast to April, where a net 11% of managers looked for stronger world growth.<\/p>\n\n\n\n

Some economic analysts believe the U.S. economy is already starting to see signs of a slowdown and according to them, many companies could face liquidity problems in the upcoming months. High rates encourage saving over spending and make the debt more costly, and companies that have a bigger credit or other loans with variable interest rates could be in a difficult situation. Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity and job creation.<\/p>\n","post_title":"Major Chip And Tech Stocks Drive Down S&P 500 And Nasdaq","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"major-chip-and-tech-stocks-drive-down-sp-500-and-nasdaq","to_ping":"","pinged":"","post_modified":"2024-07-24 13:41:01","post_modified_gmt":"2024-07-24 03:41:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17874","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17270,"post_author":"14","post_date":"2024-06-10 19:27:55","post_date_gmt":"2024-06-10 09:27:55","post_content":"\n

The S&P 500 and Nasdaq indexes reached record highs this Wednesday supported mainly by technology stocks as markets digested economic data that could support a much-expected start to the Federal Reserve's policy easing cycle.<\/p>\n\n\n\n

\"\"
The tech-heavy index Nasdaq reached record highs this Wednesday<\/em><\/figcaption><\/figure>\n\n\n\n

The May private payrolls report released this Wednesday is the latest indication of a loosening labor market, potentially prompting the Fed to consider rate cuts this year. Additionally, a report on Tuesday revealed that job openings in April fell to their lowest level in over three years. Jack Janasiewicz, a portfolio manager at Natixis Investment Managers Solutions in Boston said<\/a>:<\/p>\n\n\n\n

\"We're seeing the economic data starting to ease up a little bit and the repercussions for that is that you're seeing the pressure on rates come off the boil a little bit mixed in with the potential for weaker economic data, which is a pretty good recipe for the bond market.\"<\/em><\/p>\n\n\n\n

According to the CME's FedWatch tool, market participants now estimate a nearly 69% probability of a rate cut in September, up from around 50% just last week. However, it is important to say that investors are now looking forward to the nonfarm payrolls report, scheduled for release on Friday, to gain a comprehensive understanding of the labor market and the interest rate path.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Have Goldman Sachs Analysts Become Overly Optimistic By Revising Their Year-End S&P 500 Index Target Upwards<\/a><\/p>\n\n\n\n

Monthly Non-Farm Payroll Data<\/h2>\n\n\n\n

The monthly non-farm payroll data in the U.S. is a critical economic indicator that provides insights into the employment situation but also reflects economic growth, consumer spending potential, and business confidence, making it a closely watched report by investors, policymakers, and economists.<\/p>\n\n\n\n

The upcoming monthly non-farm payrolls data is expected to reveal a slowdown in job additions for May and according to economic analysts, many companies could face liquidity problems in the upcoming months. The current high interest rates encourage saving over spending and increase the cost of debt which could be particularly challenging for companies with substantial credit or variable interest rate loans.<\/p>\n\n\n\n

Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity. This situation could adversely affect stock prices and make fixed-income investments, such as bonds, more appealing than stocks.<\/p>\n","post_title":"The S&P 500 And Nasdaq Indexes Reached Record Highs This Wednesday. Could A Pullback Be Imminent?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-sp-500-and-nasdaq-indexes-reached-record-highs-this-wednesday-could-a-pullback-be-imminent","to_ping":"","pinged":"","post_modified":"2024-06-10 19:27:59","post_modified_gmt":"2024-06-10 09:27:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17270","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17144,"post_author":"14","post_date":"2024-06-02 22:13:10","post_date_gmt":"2024-06-02 12:13:10","post_content":"\n

The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever as AI leader Nvidia hit a record high which lifted investor sentiment and contributed to the rally. This milestone underscored the ongoing strength in the technology sector and the impact of major players like Nvidia on market movements. Michael James, managing director of equity trading at Wedbush Securities in Los Angeles said<\/a>:<\/p>\n\n\n\n

\"In terms of today\u2019s price action, it\u2019s all about technology and the winners continue to be the winners, specifically Nvidia. Today's tape is a function of positive stories having some stock-specific impact, but overall, as you can see from the Dow being down around 200 points, it\u2019s a generally sloppy overall market session.\"<\/em><\/p>\n\n\n\n

\"\"
The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever<\/em><\/figcaption><\/figure>\n\n\n\n

Nvidia Fiscal First-Quarter Report <\/h2>\n\n\n\n

Nvidia reported fiscal first-quarter results that exceeded Wall Street's estimates, driven by soaring demand for generative artificial intelligence. This surge led to record data center revenue, highlighting the company's pivotal role in the AI market and its strong financial performance. It is also important to mention that Nvidia's continued innovation and release of advanced GPU products attracted more customers and their cutting-edge technology offered superior performance, making them the preferred choice for various industries.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The first-quarter U.S. Earnings Season Showed Further improvements. What To Expect From The Upcoming Days?<\/a><\/p>\n\n\n\n

Market attention now turns to the U.S. core Personal Consumption Expenditures Price Index report for April, set to be released later in the week. The Fed's preferred inflation measure is anticipated to remain stable on a monthly basis but investors will be looking to see if those results will reinforce the changing opinion from the Fed policymakers that there will be no rate cuts in 2024.<\/p>\n\n\n\n

Minneapolis Fed President Neel Kashkari stated in an interview with CNBC that the U.S. central bank should hold off on cutting interest rates this year. He also mentioned that the bank might consider raising rates if inflation does not continue to decrease. This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices.<\/p>\n","post_title":"Nasdaq Exceeded 17,000 Driven By A Boost From Nvidia. What To Expect In The Upcoming Days?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nasdaq-exceeded-17000-driven-by-a-boost-from-nvidia-what-to-expect-in-the-upcoming-days","to_ping":"","pinged":"","post_modified":"2024-06-02 22:13:14","post_modified_gmt":"2024-06-02 12:13:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

In August, the Securities and Exchange Commission approved the launch of the first leveraged single-stock ETF based on MicroStrategy. Leveraged ETFs are designed to amplify performance. The securities regulator started approving leveraged single-stock ETFs after years of rejecting similar proposals.<\/p>\n","post_title":"MicroStrategy Joins Nasdaq-100 As Institutional Bitcoin Adoption Grows","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-joins-nasdaq-100-as-institutional-bitcoin-adoption-grows","to_ping":"","pinged":"","post_modified":"2024-12-19 05:04:08","post_modified_gmt":"2024-12-18 18:04:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19887","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17874,"post_author":"14","post_date":"2024-07-24 13:40:56","post_date_gmt":"2024-07-24 03:40:56","post_content":"\n

The S&P 500 and the Nasdaq are struggling this Wednesday, driven down by declines in major chip and tech stocks while analysts point to potential stricter U.S. trade restrictions on China as a significant factor behind this downturn.<\/p>\n\n\n\n

According to a Bloomberg report, the Biden administration has warned its allies that it might impose the toughest trade restrictions on China if companies like Tokyo Electron and ASML Holding NV keep providing advanced semiconductor technology to the country.<\/p>\n\n\n\n

\"\"
Nasdaq has weakened more than 2% this Wednesday<\/em><\/figcaption><\/figure>\n\n\n\n

However, David Rosernberg, founder and president of Rosenberg Research, believes Wall Street's losses on Wednesday are unlikely to last. Growing speculation about a Federal Reserve rate cut in September, along with rising expectations of former President Donald Trump's return to the White House after the attempt on his life, has given stocks a significant boost in recent sessions.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The S&amp; P 500 And Nasdaq Indexes Closed At Record Highs This Tuesday.\u00a0 What To Expect In The Upcoming Days?<\/a><\/p>\n\n\n\n

Investors And BofA Global Research <\/h2>\n\n\n\n

A recent BofA global research survey also showed that world investors remain bullish, with sentiment fueled by Federal Reserve rate cuts expected this year and into 2025. Inflation projections continued to stabilize in July, with 62% of investors now expecting lower CPI over the next 12 months, up from 57% in June and 56% in May.<\/p>\n\n\n\n

As U.S. election concerns gained prominence, fund managers were asked which policy areas they believe will be most affected by the November election. Of those polled this month, \u201ctrade policy is viewed as the most likely area to be impacted by the US election per 48% of FMC investors, followed by immigration (15%), and geopolitics,\u201d BofA Global Research said.<\/p>\n\n\n\n

At the same time rising geopolitical angst, especially in the U.S., put a damper on global growth expectations. It is important to mention that  27% of portfolio managers expect weaker economic growth in the coming year. This compared to 6% in June and 9% in May and was in sharp contrast to April, where a net 11% of managers looked for stronger world growth.<\/p>\n\n\n\n

Some economic analysts believe the U.S. economy is already starting to see signs of a slowdown and according to them, many companies could face liquidity problems in the upcoming months. High rates encourage saving over spending and make the debt more costly, and companies that have a bigger credit or other loans with variable interest rates could be in a difficult situation. Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity and job creation.<\/p>\n","post_title":"Major Chip And Tech Stocks Drive Down S&P 500 And Nasdaq","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"major-chip-and-tech-stocks-drive-down-sp-500-and-nasdaq","to_ping":"","pinged":"","post_modified":"2024-07-24 13:41:01","post_modified_gmt":"2024-07-24 03:41:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17874","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17270,"post_author":"14","post_date":"2024-06-10 19:27:55","post_date_gmt":"2024-06-10 09:27:55","post_content":"\n

The S&P 500 and Nasdaq indexes reached record highs this Wednesday supported mainly by technology stocks as markets digested economic data that could support a much-expected start to the Federal Reserve's policy easing cycle.<\/p>\n\n\n\n

\"\"
The tech-heavy index Nasdaq reached record highs this Wednesday<\/em><\/figcaption><\/figure>\n\n\n\n

The May private payrolls report released this Wednesday is the latest indication of a loosening labor market, potentially prompting the Fed to consider rate cuts this year. Additionally, a report on Tuesday revealed that job openings in April fell to their lowest level in over three years. Jack Janasiewicz, a portfolio manager at Natixis Investment Managers Solutions in Boston said<\/a>:<\/p>\n\n\n\n

\"We're seeing the economic data starting to ease up a little bit and the repercussions for that is that you're seeing the pressure on rates come off the boil a little bit mixed in with the potential for weaker economic data, which is a pretty good recipe for the bond market.\"<\/em><\/p>\n\n\n\n

According to the CME's FedWatch tool, market participants now estimate a nearly 69% probability of a rate cut in September, up from around 50% just last week. However, it is important to say that investors are now looking forward to the nonfarm payrolls report, scheduled for release on Friday, to gain a comprehensive understanding of the labor market and the interest rate path.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Have Goldman Sachs Analysts Become Overly Optimistic By Revising Their Year-End S&P 500 Index Target Upwards<\/a><\/p>\n\n\n\n

Monthly Non-Farm Payroll Data<\/h2>\n\n\n\n

The monthly non-farm payroll data in the U.S. is a critical economic indicator that provides insights into the employment situation but also reflects economic growth, consumer spending potential, and business confidence, making it a closely watched report by investors, policymakers, and economists.<\/p>\n\n\n\n

The upcoming monthly non-farm payrolls data is expected to reveal a slowdown in job additions for May and according to economic analysts, many companies could face liquidity problems in the upcoming months. The current high interest rates encourage saving over spending and increase the cost of debt which could be particularly challenging for companies with substantial credit or variable interest rate loans.<\/p>\n\n\n\n

Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity. This situation could adversely affect stock prices and make fixed-income investments, such as bonds, more appealing than stocks.<\/p>\n","post_title":"The S&P 500 And Nasdaq Indexes Reached Record Highs This Wednesday. Could A Pullback Be Imminent?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-sp-500-and-nasdaq-indexes-reached-record-highs-this-wednesday-could-a-pullback-be-imminent","to_ping":"","pinged":"","post_modified":"2024-06-10 19:27:59","post_modified_gmt":"2024-06-10 09:27:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17270","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17144,"post_author":"14","post_date":"2024-06-02 22:13:10","post_date_gmt":"2024-06-02 12:13:10","post_content":"\n

The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever as AI leader Nvidia hit a record high which lifted investor sentiment and contributed to the rally. This milestone underscored the ongoing strength in the technology sector and the impact of major players like Nvidia on market movements. Michael James, managing director of equity trading at Wedbush Securities in Los Angeles said<\/a>:<\/p>\n\n\n\n

\"In terms of today\u2019s price action, it\u2019s all about technology and the winners continue to be the winners, specifically Nvidia. Today's tape is a function of positive stories having some stock-specific impact, but overall, as you can see from the Dow being down around 200 points, it\u2019s a generally sloppy overall market session.\"<\/em><\/p>\n\n\n\n

\"\"
The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever<\/em><\/figcaption><\/figure>\n\n\n\n

Nvidia Fiscal First-Quarter Report <\/h2>\n\n\n\n

Nvidia reported fiscal first-quarter results that exceeded Wall Street's estimates, driven by soaring demand for generative artificial intelligence. This surge led to record data center revenue, highlighting the company's pivotal role in the AI market and its strong financial performance. It is also important to mention that Nvidia's continued innovation and release of advanced GPU products attracted more customers and their cutting-edge technology offered superior performance, making them the preferred choice for various industries.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The first-quarter U.S. Earnings Season Showed Further improvements. What To Expect From The Upcoming Days?<\/a><\/p>\n\n\n\n

Market attention now turns to the U.S. core Personal Consumption Expenditures Price Index report for April, set to be released later in the week. The Fed's preferred inflation measure is anticipated to remain stable on a monthly basis but investors will be looking to see if those results will reinforce the changing opinion from the Fed policymakers that there will be no rate cuts in 2024.<\/p>\n\n\n\n

Minneapolis Fed President Neel Kashkari stated in an interview with CNBC that the U.S. central bank should hold off on cutting interest rates this year. He also mentioned that the bank might consider raising rates if inflation does not continue to decrease. This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices.<\/p>\n","post_title":"Nasdaq Exceeded 17,000 Driven By A Boost From Nvidia. What To Expect In The Upcoming Days?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nasdaq-exceeded-17000-driven-by-a-boost-from-nvidia-what-to-expect-in-the-upcoming-days","to_ping":"","pinged":"","post_modified":"2024-06-02 22:13:14","post_modified_gmt":"2024-06-02 12:13:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Meanwhile, Nasdaq-100 bid farewell to Illumina, Moderna, and Super Micro Computer. Illumina's exit reportedly followed regulatory challenges and a slowdown in demand for its services. Moderna, a household name during the pandemic, reportedly faces shrinking revenues as COVID-19 vaccine demand wanes. Super Micro Computer, known for its computing hardware, also exits despite strong revenue growth.<\/p>\n\n\n\n

In August, the Securities and Exchange Commission approved the launch of the first leveraged single-stock ETF based on MicroStrategy. Leveraged ETFs are designed to amplify performance. The securities regulator started approving leveraged single-stock ETFs after years of rejecting similar proposals.<\/p>\n","post_title":"MicroStrategy Joins Nasdaq-100 As Institutional Bitcoin Adoption Grows","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-joins-nasdaq-100-as-institutional-bitcoin-adoption-grows","to_ping":"","pinged":"","post_modified":"2024-12-19 05:04:08","post_modified_gmt":"2024-12-18 18:04:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19887","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17874,"post_author":"14","post_date":"2024-07-24 13:40:56","post_date_gmt":"2024-07-24 03:40:56","post_content":"\n

The S&P 500 and the Nasdaq are struggling this Wednesday, driven down by declines in major chip and tech stocks while analysts point to potential stricter U.S. trade restrictions on China as a significant factor behind this downturn.<\/p>\n\n\n\n

According to a Bloomberg report, the Biden administration has warned its allies that it might impose the toughest trade restrictions on China if companies like Tokyo Electron and ASML Holding NV keep providing advanced semiconductor technology to the country.<\/p>\n\n\n\n

\"\"
Nasdaq has weakened more than 2% this Wednesday<\/em><\/figcaption><\/figure>\n\n\n\n

However, David Rosernberg, founder and president of Rosenberg Research, believes Wall Street's losses on Wednesday are unlikely to last. Growing speculation about a Federal Reserve rate cut in September, along with rising expectations of former President Donald Trump's return to the White House after the attempt on his life, has given stocks a significant boost in recent sessions.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The S&amp; P 500 And Nasdaq Indexes Closed At Record Highs This Tuesday.\u00a0 What To Expect In The Upcoming Days?<\/a><\/p>\n\n\n\n

Investors And BofA Global Research <\/h2>\n\n\n\n

A recent BofA global research survey also showed that world investors remain bullish, with sentiment fueled by Federal Reserve rate cuts expected this year and into 2025. Inflation projections continued to stabilize in July, with 62% of investors now expecting lower CPI over the next 12 months, up from 57% in June and 56% in May.<\/p>\n\n\n\n

As U.S. election concerns gained prominence, fund managers were asked which policy areas they believe will be most affected by the November election. Of those polled this month, \u201ctrade policy is viewed as the most likely area to be impacted by the US election per 48% of FMC investors, followed by immigration (15%), and geopolitics,\u201d BofA Global Research said.<\/p>\n\n\n\n

At the same time rising geopolitical angst, especially in the U.S., put a damper on global growth expectations. It is important to mention that  27% of portfolio managers expect weaker economic growth in the coming year. This compared to 6% in June and 9% in May and was in sharp contrast to April, where a net 11% of managers looked for stronger world growth.<\/p>\n\n\n\n

Some economic analysts believe the U.S. economy is already starting to see signs of a slowdown and according to them, many companies could face liquidity problems in the upcoming months. High rates encourage saving over spending and make the debt more costly, and companies that have a bigger credit or other loans with variable interest rates could be in a difficult situation. Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity and job creation.<\/p>\n","post_title":"Major Chip And Tech Stocks Drive Down S&P 500 And Nasdaq","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"major-chip-and-tech-stocks-drive-down-sp-500-and-nasdaq","to_ping":"","pinged":"","post_modified":"2024-07-24 13:41:01","post_modified_gmt":"2024-07-24 03:41:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17874","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17270,"post_author":"14","post_date":"2024-06-10 19:27:55","post_date_gmt":"2024-06-10 09:27:55","post_content":"\n

The S&P 500 and Nasdaq indexes reached record highs this Wednesday supported mainly by technology stocks as markets digested economic data that could support a much-expected start to the Federal Reserve's policy easing cycle.<\/p>\n\n\n\n

\"\"
The tech-heavy index Nasdaq reached record highs this Wednesday<\/em><\/figcaption><\/figure>\n\n\n\n

The May private payrolls report released this Wednesday is the latest indication of a loosening labor market, potentially prompting the Fed to consider rate cuts this year. Additionally, a report on Tuesday revealed that job openings in April fell to their lowest level in over three years. Jack Janasiewicz, a portfolio manager at Natixis Investment Managers Solutions in Boston said<\/a>:<\/p>\n\n\n\n

\"We're seeing the economic data starting to ease up a little bit and the repercussions for that is that you're seeing the pressure on rates come off the boil a little bit mixed in with the potential for weaker economic data, which is a pretty good recipe for the bond market.\"<\/em><\/p>\n\n\n\n

According to the CME's FedWatch tool, market participants now estimate a nearly 69% probability of a rate cut in September, up from around 50% just last week. However, it is important to say that investors are now looking forward to the nonfarm payrolls report, scheduled for release on Friday, to gain a comprehensive understanding of the labor market and the interest rate path.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Have Goldman Sachs Analysts Become Overly Optimistic By Revising Their Year-End S&P 500 Index Target Upwards<\/a><\/p>\n\n\n\n

Monthly Non-Farm Payroll Data<\/h2>\n\n\n\n

The monthly non-farm payroll data in the U.S. is a critical economic indicator that provides insights into the employment situation but also reflects economic growth, consumer spending potential, and business confidence, making it a closely watched report by investors, policymakers, and economists.<\/p>\n\n\n\n

The upcoming monthly non-farm payrolls data is expected to reveal a slowdown in job additions for May and according to economic analysts, many companies could face liquidity problems in the upcoming months. The current high interest rates encourage saving over spending and increase the cost of debt which could be particularly challenging for companies with substantial credit or variable interest rate loans.<\/p>\n\n\n\n

Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity. This situation could adversely affect stock prices and make fixed-income investments, such as bonds, more appealing than stocks.<\/p>\n","post_title":"The S&P 500 And Nasdaq Indexes Reached Record Highs This Wednesday. Could A Pullback Be Imminent?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-sp-500-and-nasdaq-indexes-reached-record-highs-this-wednesday-could-a-pullback-be-imminent","to_ping":"","pinged":"","post_modified":"2024-06-10 19:27:59","post_modified_gmt":"2024-06-10 09:27:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17270","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17144,"post_author":"14","post_date":"2024-06-02 22:13:10","post_date_gmt":"2024-06-02 12:13:10","post_content":"\n

The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever as AI leader Nvidia hit a record high which lifted investor sentiment and contributed to the rally. This milestone underscored the ongoing strength in the technology sector and the impact of major players like Nvidia on market movements. Michael James, managing director of equity trading at Wedbush Securities in Los Angeles said<\/a>:<\/p>\n\n\n\n

\"In terms of today\u2019s price action, it\u2019s all about technology and the winners continue to be the winners, specifically Nvidia. Today's tape is a function of positive stories having some stock-specific impact, but overall, as you can see from the Dow being down around 200 points, it\u2019s a generally sloppy overall market session.\"<\/em><\/p>\n\n\n\n

\"\"
The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever<\/em><\/figcaption><\/figure>\n\n\n\n

Nvidia Fiscal First-Quarter Report <\/h2>\n\n\n\n

Nvidia reported fiscal first-quarter results that exceeded Wall Street's estimates, driven by soaring demand for generative artificial intelligence. This surge led to record data center revenue, highlighting the company's pivotal role in the AI market and its strong financial performance. It is also important to mention that Nvidia's continued innovation and release of advanced GPU products attracted more customers and their cutting-edge technology offered superior performance, making them the preferred choice for various industries.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The first-quarter U.S. Earnings Season Showed Further improvements. What To Expect From The Upcoming Days?<\/a><\/p>\n\n\n\n

Market attention now turns to the U.S. core Personal Consumption Expenditures Price Index report for April, set to be released later in the week. The Fed's preferred inflation measure is anticipated to remain stable on a monthly basis but investors will be looking to see if those results will reinforce the changing opinion from the Fed policymakers that there will be no rate cuts in 2024.<\/p>\n\n\n\n

Minneapolis Fed President Neel Kashkari stated in an interview with CNBC that the U.S. central bank should hold off on cutting interest rates this year. He also mentioned that the bank might consider raising rates if inflation does not continue to decrease. This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices.<\/p>\n","post_title":"Nasdaq Exceeded 17,000 Driven By A Boost From Nvidia. What To Expect In The Upcoming Days?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nasdaq-exceeded-17000-driven-by-a-boost-from-nvidia-what-to-expect-in-the-upcoming-days","to_ping":"","pinged":"","post_modified":"2024-06-02 22:13:14","post_modified_gmt":"2024-06-02 12:13:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Palantir's focus on AI and data integration has reportedly positioned it as a critical partner for governments and enterprises navigating complex challenges. Meanwhile, Axon's advancements in public safety technology, including its work with AI, have bolstered its market value and relevance.<\/p>\n\n\n\n

Meanwhile, Nasdaq-100 bid farewell to Illumina, Moderna, and Super Micro Computer. Illumina's exit reportedly followed regulatory challenges and a slowdown in demand for its services. Moderna, a household name during the pandemic, reportedly faces shrinking revenues as COVID-19 vaccine demand wanes. Super Micro Computer, known for its computing hardware, also exits despite strong revenue growth.<\/p>\n\n\n\n

In August, the Securities and Exchange Commission approved the launch of the first leveraged single-stock ETF based on MicroStrategy. Leveraged ETFs are designed to amplify performance. The securities regulator started approving leveraged single-stock ETFs after years of rejecting similar proposals.<\/p>\n","post_title":"MicroStrategy Joins Nasdaq-100 As Institutional Bitcoin Adoption Grows","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-joins-nasdaq-100-as-institutional-bitcoin-adoption-grows","to_ping":"","pinged":"","post_modified":"2024-12-19 05:04:08","post_modified_gmt":"2024-12-18 18:04:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19887","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17874,"post_author":"14","post_date":"2024-07-24 13:40:56","post_date_gmt":"2024-07-24 03:40:56","post_content":"\n

The S&P 500 and the Nasdaq are struggling this Wednesday, driven down by declines in major chip and tech stocks while analysts point to potential stricter U.S. trade restrictions on China as a significant factor behind this downturn.<\/p>\n\n\n\n

According to a Bloomberg report, the Biden administration has warned its allies that it might impose the toughest trade restrictions on China if companies like Tokyo Electron and ASML Holding NV keep providing advanced semiconductor technology to the country.<\/p>\n\n\n\n

\"\"
Nasdaq has weakened more than 2% this Wednesday<\/em><\/figcaption><\/figure>\n\n\n\n

However, David Rosernberg, founder and president of Rosenberg Research, believes Wall Street's losses on Wednesday are unlikely to last. Growing speculation about a Federal Reserve rate cut in September, along with rising expectations of former President Donald Trump's return to the White House after the attempt on his life, has given stocks a significant boost in recent sessions.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The S&amp; P 500 And Nasdaq Indexes Closed At Record Highs This Tuesday.\u00a0 What To Expect In The Upcoming Days?<\/a><\/p>\n\n\n\n

Investors And BofA Global Research <\/h2>\n\n\n\n

A recent BofA global research survey also showed that world investors remain bullish, with sentiment fueled by Federal Reserve rate cuts expected this year and into 2025. Inflation projections continued to stabilize in July, with 62% of investors now expecting lower CPI over the next 12 months, up from 57% in June and 56% in May.<\/p>\n\n\n\n

As U.S. election concerns gained prominence, fund managers were asked which policy areas they believe will be most affected by the November election. Of those polled this month, \u201ctrade policy is viewed as the most likely area to be impacted by the US election per 48% of FMC investors, followed by immigration (15%), and geopolitics,\u201d BofA Global Research said.<\/p>\n\n\n\n

At the same time rising geopolitical angst, especially in the U.S., put a damper on global growth expectations. It is important to mention that  27% of portfolio managers expect weaker economic growth in the coming year. This compared to 6% in June and 9% in May and was in sharp contrast to April, where a net 11% of managers looked for stronger world growth.<\/p>\n\n\n\n

Some economic analysts believe the U.S. economy is already starting to see signs of a slowdown and according to them, many companies could face liquidity problems in the upcoming months. High rates encourage saving over spending and make the debt more costly, and companies that have a bigger credit or other loans with variable interest rates could be in a difficult situation. Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity and job creation.<\/p>\n","post_title":"Major Chip And Tech Stocks Drive Down S&P 500 And Nasdaq","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"major-chip-and-tech-stocks-drive-down-sp-500-and-nasdaq","to_ping":"","pinged":"","post_modified":"2024-07-24 13:41:01","post_modified_gmt":"2024-07-24 03:41:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17874","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17270,"post_author":"14","post_date":"2024-06-10 19:27:55","post_date_gmt":"2024-06-10 09:27:55","post_content":"\n

The S&P 500 and Nasdaq indexes reached record highs this Wednesday supported mainly by technology stocks as markets digested economic data that could support a much-expected start to the Federal Reserve's policy easing cycle.<\/p>\n\n\n\n

\"\"
The tech-heavy index Nasdaq reached record highs this Wednesday<\/em><\/figcaption><\/figure>\n\n\n\n

The May private payrolls report released this Wednesday is the latest indication of a loosening labor market, potentially prompting the Fed to consider rate cuts this year. Additionally, a report on Tuesday revealed that job openings in April fell to their lowest level in over three years. Jack Janasiewicz, a portfolio manager at Natixis Investment Managers Solutions in Boston said<\/a>:<\/p>\n\n\n\n

\"We're seeing the economic data starting to ease up a little bit and the repercussions for that is that you're seeing the pressure on rates come off the boil a little bit mixed in with the potential for weaker economic data, which is a pretty good recipe for the bond market.\"<\/em><\/p>\n\n\n\n

According to the CME's FedWatch tool, market participants now estimate a nearly 69% probability of a rate cut in September, up from around 50% just last week. However, it is important to say that investors are now looking forward to the nonfarm payrolls report, scheduled for release on Friday, to gain a comprehensive understanding of the labor market and the interest rate path.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Have Goldman Sachs Analysts Become Overly Optimistic By Revising Their Year-End S&P 500 Index Target Upwards<\/a><\/p>\n\n\n\n

Monthly Non-Farm Payroll Data<\/h2>\n\n\n\n

The monthly non-farm payroll data in the U.S. is a critical economic indicator that provides insights into the employment situation but also reflects economic growth, consumer spending potential, and business confidence, making it a closely watched report by investors, policymakers, and economists.<\/p>\n\n\n\n

The upcoming monthly non-farm payrolls data is expected to reveal a slowdown in job additions for May and according to economic analysts, many companies could face liquidity problems in the upcoming months. The current high interest rates encourage saving over spending and increase the cost of debt which could be particularly challenging for companies with substantial credit or variable interest rate loans.<\/p>\n\n\n\n

Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity. This situation could adversely affect stock prices and make fixed-income investments, such as bonds, more appealing than stocks.<\/p>\n","post_title":"The S&P 500 And Nasdaq Indexes Reached Record Highs This Wednesday. Could A Pullback Be Imminent?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-sp-500-and-nasdaq-indexes-reached-record-highs-this-wednesday-could-a-pullback-be-imminent","to_ping":"","pinged":"","post_modified":"2024-06-10 19:27:59","post_modified_gmt":"2024-06-10 09:27:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17270","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17144,"post_author":"14","post_date":"2024-06-02 22:13:10","post_date_gmt":"2024-06-02 12:13:10","post_content":"\n

The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever as AI leader Nvidia hit a record high which lifted investor sentiment and contributed to the rally. This milestone underscored the ongoing strength in the technology sector and the impact of major players like Nvidia on market movements. Michael James, managing director of equity trading at Wedbush Securities in Los Angeles said<\/a>:<\/p>\n\n\n\n

\"In terms of today\u2019s price action, it\u2019s all about technology and the winners continue to be the winners, specifically Nvidia. Today's tape is a function of positive stories having some stock-specific impact, but overall, as you can see from the Dow being down around 200 points, it\u2019s a generally sloppy overall market session.\"<\/em><\/p>\n\n\n\n

\"\"
The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever<\/em><\/figcaption><\/figure>\n\n\n\n

Nvidia Fiscal First-Quarter Report <\/h2>\n\n\n\n

Nvidia reported fiscal first-quarter results that exceeded Wall Street's estimates, driven by soaring demand for generative artificial intelligence. This surge led to record data center revenue, highlighting the company's pivotal role in the AI market and its strong financial performance. It is also important to mention that Nvidia's continued innovation and release of advanced GPU products attracted more customers and their cutting-edge technology offered superior performance, making them the preferred choice for various industries.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The first-quarter U.S. Earnings Season Showed Further improvements. What To Expect From The Upcoming Days?<\/a><\/p>\n\n\n\n

Market attention now turns to the U.S. core Personal Consumption Expenditures Price Index report for April, set to be released later in the week. The Fed's preferred inflation measure is anticipated to remain stable on a monthly basis but investors will be looking to see if those results will reinforce the changing opinion from the Fed policymakers that there will be no rate cuts in 2024.<\/p>\n\n\n\n

Minneapolis Fed President Neel Kashkari stated in an interview with CNBC that the U.S. central bank should hold off on cutting interest rates this year. He also mentioned that the bank might consider raising rates if inflation does not continue to decrease. This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices.<\/p>\n","post_title":"Nasdaq Exceeded 17,000 Driven By A Boost From Nvidia. What To Expect In The Upcoming Days?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nasdaq-exceeded-17000-driven-by-a-boost-from-nvidia-what-to-expect-in-the-upcoming-days","to_ping":"","pinged":"","post_modified":"2024-06-02 22:13:14","post_modified_gmt":"2024-06-02 12:13:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Palantir Technologies, a firm focussing on big data analytics, and Axon Enterprise, known for its body cameras and law enforcement technology, also joined the Nasdaq-100.<\/p>\n\n\n\n

Palantir's focus on AI and data integration has reportedly positioned it as a critical partner for governments and enterprises navigating complex challenges. Meanwhile, Axon's advancements in public safety technology, including its work with AI, have bolstered its market value and relevance.<\/p>\n\n\n\n

Meanwhile, Nasdaq-100 bid farewell to Illumina, Moderna, and Super Micro Computer. Illumina's exit reportedly followed regulatory challenges and a slowdown in demand for its services. Moderna, a household name during the pandemic, reportedly faces shrinking revenues as COVID-19 vaccine demand wanes. Super Micro Computer, known for its computing hardware, also exits despite strong revenue growth.<\/p>\n\n\n\n

In August, the Securities and Exchange Commission approved the launch of the first leveraged single-stock ETF based on MicroStrategy. Leveraged ETFs are designed to amplify performance. The securities regulator started approving leveraged single-stock ETFs after years of rejecting similar proposals.<\/p>\n","post_title":"MicroStrategy Joins Nasdaq-100 As Institutional Bitcoin Adoption Grows","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-joins-nasdaq-100-as-institutional-bitcoin-adoption-grows","to_ping":"","pinged":"","post_modified":"2024-12-19 05:04:08","post_modified_gmt":"2024-12-18 18:04:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19887","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17874,"post_author":"14","post_date":"2024-07-24 13:40:56","post_date_gmt":"2024-07-24 03:40:56","post_content":"\n

The S&P 500 and the Nasdaq are struggling this Wednesday, driven down by declines in major chip and tech stocks while analysts point to potential stricter U.S. trade restrictions on China as a significant factor behind this downturn.<\/p>\n\n\n\n

According to a Bloomberg report, the Biden administration has warned its allies that it might impose the toughest trade restrictions on China if companies like Tokyo Electron and ASML Holding NV keep providing advanced semiconductor technology to the country.<\/p>\n\n\n\n

\"\"
Nasdaq has weakened more than 2% this Wednesday<\/em><\/figcaption><\/figure>\n\n\n\n

However, David Rosernberg, founder and president of Rosenberg Research, believes Wall Street's losses on Wednesday are unlikely to last. Growing speculation about a Federal Reserve rate cut in September, along with rising expectations of former President Donald Trump's return to the White House after the attempt on his life, has given stocks a significant boost in recent sessions.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The S&amp; P 500 And Nasdaq Indexes Closed At Record Highs This Tuesday.\u00a0 What To Expect In The Upcoming Days?<\/a><\/p>\n\n\n\n

Investors And BofA Global Research <\/h2>\n\n\n\n

A recent BofA global research survey also showed that world investors remain bullish, with sentiment fueled by Federal Reserve rate cuts expected this year and into 2025. Inflation projections continued to stabilize in July, with 62% of investors now expecting lower CPI over the next 12 months, up from 57% in June and 56% in May.<\/p>\n\n\n\n

As U.S. election concerns gained prominence, fund managers were asked which policy areas they believe will be most affected by the November election. Of those polled this month, \u201ctrade policy is viewed as the most likely area to be impacted by the US election per 48% of FMC investors, followed by immigration (15%), and geopolitics,\u201d BofA Global Research said.<\/p>\n\n\n\n

At the same time rising geopolitical angst, especially in the U.S., put a damper on global growth expectations. It is important to mention that  27% of portfolio managers expect weaker economic growth in the coming year. This compared to 6% in June and 9% in May and was in sharp contrast to April, where a net 11% of managers looked for stronger world growth.<\/p>\n\n\n\n

Some economic analysts believe the U.S. economy is already starting to see signs of a slowdown and according to them, many companies could face liquidity problems in the upcoming months. High rates encourage saving over spending and make the debt more costly, and companies that have a bigger credit or other loans with variable interest rates could be in a difficult situation. Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity and job creation.<\/p>\n","post_title":"Major Chip And Tech Stocks Drive Down S&P 500 And Nasdaq","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"major-chip-and-tech-stocks-drive-down-sp-500-and-nasdaq","to_ping":"","pinged":"","post_modified":"2024-07-24 13:41:01","post_modified_gmt":"2024-07-24 03:41:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17874","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17270,"post_author":"14","post_date":"2024-06-10 19:27:55","post_date_gmt":"2024-06-10 09:27:55","post_content":"\n

The S&P 500 and Nasdaq indexes reached record highs this Wednesday supported mainly by technology stocks as markets digested economic data that could support a much-expected start to the Federal Reserve's policy easing cycle.<\/p>\n\n\n\n

\"\"
The tech-heavy index Nasdaq reached record highs this Wednesday<\/em><\/figcaption><\/figure>\n\n\n\n

The May private payrolls report released this Wednesday is the latest indication of a loosening labor market, potentially prompting the Fed to consider rate cuts this year. Additionally, a report on Tuesday revealed that job openings in April fell to their lowest level in over three years. Jack Janasiewicz, a portfolio manager at Natixis Investment Managers Solutions in Boston said<\/a>:<\/p>\n\n\n\n

\"We're seeing the economic data starting to ease up a little bit and the repercussions for that is that you're seeing the pressure on rates come off the boil a little bit mixed in with the potential for weaker economic data, which is a pretty good recipe for the bond market.\"<\/em><\/p>\n\n\n\n

According to the CME's FedWatch tool, market participants now estimate a nearly 69% probability of a rate cut in September, up from around 50% just last week. However, it is important to say that investors are now looking forward to the nonfarm payrolls report, scheduled for release on Friday, to gain a comprehensive understanding of the labor market and the interest rate path.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Have Goldman Sachs Analysts Become Overly Optimistic By Revising Their Year-End S&P 500 Index Target Upwards<\/a><\/p>\n\n\n\n

Monthly Non-Farm Payroll Data<\/h2>\n\n\n\n

The monthly non-farm payroll data in the U.S. is a critical economic indicator that provides insights into the employment situation but also reflects economic growth, consumer spending potential, and business confidence, making it a closely watched report by investors, policymakers, and economists.<\/p>\n\n\n\n

The upcoming monthly non-farm payrolls data is expected to reveal a slowdown in job additions for May and according to economic analysts, many companies could face liquidity problems in the upcoming months. The current high interest rates encourage saving over spending and increase the cost of debt which could be particularly challenging for companies with substantial credit or variable interest rate loans.<\/p>\n\n\n\n

Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity. This situation could adversely affect stock prices and make fixed-income investments, such as bonds, more appealing than stocks.<\/p>\n","post_title":"The S&P 500 And Nasdaq Indexes Reached Record Highs This Wednesday. Could A Pullback Be Imminent?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-sp-500-and-nasdaq-indexes-reached-record-highs-this-wednesday-could-a-pullback-be-imminent","to_ping":"","pinged":"","post_modified":"2024-06-10 19:27:59","post_modified_gmt":"2024-06-10 09:27:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17270","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17144,"post_author":"14","post_date":"2024-06-02 22:13:10","post_date_gmt":"2024-06-02 12:13:10","post_content":"\n

The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever as AI leader Nvidia hit a record high which lifted investor sentiment and contributed to the rally. This milestone underscored the ongoing strength in the technology sector and the impact of major players like Nvidia on market movements. Michael James, managing director of equity trading at Wedbush Securities in Los Angeles said<\/a>:<\/p>\n\n\n\n

\"In terms of today\u2019s price action, it\u2019s all about technology and the winners continue to be the winners, specifically Nvidia. Today's tape is a function of positive stories having some stock-specific impact, but overall, as you can see from the Dow being down around 200 points, it\u2019s a generally sloppy overall market session.\"<\/em><\/p>\n\n\n\n

\"\"
The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever<\/em><\/figcaption><\/figure>\n\n\n\n

Nvidia Fiscal First-Quarter Report <\/h2>\n\n\n\n

Nvidia reported fiscal first-quarter results that exceeded Wall Street's estimates, driven by soaring demand for generative artificial intelligence. This surge led to record data center revenue, highlighting the company's pivotal role in the AI market and its strong financial performance. It is also important to mention that Nvidia's continued innovation and release of advanced GPU products attracted more customers and their cutting-edge technology offered superior performance, making them the preferred choice for various industries.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The first-quarter U.S. Earnings Season Showed Further improvements. What To Expect From The Upcoming Days?<\/a><\/p>\n\n\n\n

Market attention now turns to the U.S. core Personal Consumption Expenditures Price Index report for April, set to be released later in the week. The Fed's preferred inflation measure is anticipated to remain stable on a monthly basis but investors will be looking to see if those results will reinforce the changing opinion from the Fed policymakers that there will be no rate cuts in 2024.<\/p>\n\n\n\n

Minneapolis Fed President Neel Kashkari stated in an interview with CNBC that the U.S. central bank should hold off on cutting interest rates this year. He also mentioned that the bank might consider raising rates if inflation does not continue to decrease. This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices.<\/p>\n","post_title":"Nasdaq Exceeded 17,000 Driven By A Boost From Nvidia. What To Expect In The Upcoming Days?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nasdaq-exceeded-17000-driven-by-a-boost-from-nvidia-what-to-expect-in-the-upcoming-days","to_ping":"","pinged":"","post_modified":"2024-06-02 22:13:14","post_modified_gmt":"2024-06-02 12:13:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Other Firms Joining Nasdaq-100<\/strong><\/p>\n\n\n\n

Palantir Technologies, a firm focussing on big data analytics, and Axon Enterprise, known for its body cameras and law enforcement technology, also joined the Nasdaq-100.<\/p>\n\n\n\n

Palantir's focus on AI and data integration has reportedly positioned it as a critical partner for governments and enterprises navigating complex challenges. Meanwhile, Axon's advancements in public safety technology, including its work with AI, have bolstered its market value and relevance.<\/p>\n\n\n\n

Meanwhile, Nasdaq-100 bid farewell to Illumina, Moderna, and Super Micro Computer. Illumina's exit reportedly followed regulatory challenges and a slowdown in demand for its services. Moderna, a household name during the pandemic, reportedly faces shrinking revenues as COVID-19 vaccine demand wanes. Super Micro Computer, known for its computing hardware, also exits despite strong revenue growth.<\/p>\n\n\n\n

In August, the Securities and Exchange Commission approved the launch of the first leveraged single-stock ETF based on MicroStrategy. Leveraged ETFs are designed to amplify performance. The securities regulator started approving leveraged single-stock ETFs after years of rejecting similar proposals.<\/p>\n","post_title":"MicroStrategy Joins Nasdaq-100 As Institutional Bitcoin Adoption Grows","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-joins-nasdaq-100-as-institutional-bitcoin-adoption-grows","to_ping":"","pinged":"","post_modified":"2024-12-19 05:04:08","post_modified_gmt":"2024-12-18 18:04:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19887","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17874,"post_author":"14","post_date":"2024-07-24 13:40:56","post_date_gmt":"2024-07-24 03:40:56","post_content":"\n

The S&P 500 and the Nasdaq are struggling this Wednesday, driven down by declines in major chip and tech stocks while analysts point to potential stricter U.S. trade restrictions on China as a significant factor behind this downturn.<\/p>\n\n\n\n

According to a Bloomberg report, the Biden administration has warned its allies that it might impose the toughest trade restrictions on China if companies like Tokyo Electron and ASML Holding NV keep providing advanced semiconductor technology to the country.<\/p>\n\n\n\n

\"\"
Nasdaq has weakened more than 2% this Wednesday<\/em><\/figcaption><\/figure>\n\n\n\n

However, David Rosernberg, founder and president of Rosenberg Research, believes Wall Street's losses on Wednesday are unlikely to last. Growing speculation about a Federal Reserve rate cut in September, along with rising expectations of former President Donald Trump's return to the White House after the attempt on his life, has given stocks a significant boost in recent sessions.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The S&amp; P 500 And Nasdaq Indexes Closed At Record Highs This Tuesday.\u00a0 What To Expect In The Upcoming Days?<\/a><\/p>\n\n\n\n

Investors And BofA Global Research <\/h2>\n\n\n\n

A recent BofA global research survey also showed that world investors remain bullish, with sentiment fueled by Federal Reserve rate cuts expected this year and into 2025. Inflation projections continued to stabilize in July, with 62% of investors now expecting lower CPI over the next 12 months, up from 57% in June and 56% in May.<\/p>\n\n\n\n

As U.S. election concerns gained prominence, fund managers were asked which policy areas they believe will be most affected by the November election. Of those polled this month, \u201ctrade policy is viewed as the most likely area to be impacted by the US election per 48% of FMC investors, followed by immigration (15%), and geopolitics,\u201d BofA Global Research said.<\/p>\n\n\n\n

At the same time rising geopolitical angst, especially in the U.S., put a damper on global growth expectations. It is important to mention that  27% of portfolio managers expect weaker economic growth in the coming year. This compared to 6% in June and 9% in May and was in sharp contrast to April, where a net 11% of managers looked for stronger world growth.<\/p>\n\n\n\n

Some economic analysts believe the U.S. economy is already starting to see signs of a slowdown and according to them, many companies could face liquidity problems in the upcoming months. High rates encourage saving over spending and make the debt more costly, and companies that have a bigger credit or other loans with variable interest rates could be in a difficult situation. Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity and job creation.<\/p>\n","post_title":"Major Chip And Tech Stocks Drive Down S&P 500 And Nasdaq","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"major-chip-and-tech-stocks-drive-down-sp-500-and-nasdaq","to_ping":"","pinged":"","post_modified":"2024-07-24 13:41:01","post_modified_gmt":"2024-07-24 03:41:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17874","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17270,"post_author":"14","post_date":"2024-06-10 19:27:55","post_date_gmt":"2024-06-10 09:27:55","post_content":"\n

The S&P 500 and Nasdaq indexes reached record highs this Wednesday supported mainly by technology stocks as markets digested economic data that could support a much-expected start to the Federal Reserve's policy easing cycle.<\/p>\n\n\n\n

\"\"
The tech-heavy index Nasdaq reached record highs this Wednesday<\/em><\/figcaption><\/figure>\n\n\n\n

The May private payrolls report released this Wednesday is the latest indication of a loosening labor market, potentially prompting the Fed to consider rate cuts this year. Additionally, a report on Tuesday revealed that job openings in April fell to their lowest level in over three years. Jack Janasiewicz, a portfolio manager at Natixis Investment Managers Solutions in Boston said<\/a>:<\/p>\n\n\n\n

\"We're seeing the economic data starting to ease up a little bit and the repercussions for that is that you're seeing the pressure on rates come off the boil a little bit mixed in with the potential for weaker economic data, which is a pretty good recipe for the bond market.\"<\/em><\/p>\n\n\n\n

According to the CME's FedWatch tool, market participants now estimate a nearly 69% probability of a rate cut in September, up from around 50% just last week. However, it is important to say that investors are now looking forward to the nonfarm payrolls report, scheduled for release on Friday, to gain a comprehensive understanding of the labor market and the interest rate path.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Have Goldman Sachs Analysts Become Overly Optimistic By Revising Their Year-End S&P 500 Index Target Upwards<\/a><\/p>\n\n\n\n

Monthly Non-Farm Payroll Data<\/h2>\n\n\n\n

The monthly non-farm payroll data in the U.S. is a critical economic indicator that provides insights into the employment situation but also reflects economic growth, consumer spending potential, and business confidence, making it a closely watched report by investors, policymakers, and economists.<\/p>\n\n\n\n

The upcoming monthly non-farm payrolls data is expected to reveal a slowdown in job additions for May and according to economic analysts, many companies could face liquidity problems in the upcoming months. The current high interest rates encourage saving over spending and increase the cost of debt which could be particularly challenging for companies with substantial credit or variable interest rate loans.<\/p>\n\n\n\n

Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity. This situation could adversely affect stock prices and make fixed-income investments, such as bonds, more appealing than stocks.<\/p>\n","post_title":"The S&P 500 And Nasdaq Indexes Reached Record Highs This Wednesday. Could A Pullback Be Imminent?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-sp-500-and-nasdaq-indexes-reached-record-highs-this-wednesday-could-a-pullback-be-imminent","to_ping":"","pinged":"","post_modified":"2024-06-10 19:27:59","post_modified_gmt":"2024-06-10 09:27:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17270","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17144,"post_author":"14","post_date":"2024-06-02 22:13:10","post_date_gmt":"2024-06-02 12:13:10","post_content":"\n

The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever as AI leader Nvidia hit a record high which lifted investor sentiment and contributed to the rally. This milestone underscored the ongoing strength in the technology sector and the impact of major players like Nvidia on market movements. Michael James, managing director of equity trading at Wedbush Securities in Los Angeles said<\/a>:<\/p>\n\n\n\n

\"In terms of today\u2019s price action, it\u2019s all about technology and the winners continue to be the winners, specifically Nvidia. Today's tape is a function of positive stories having some stock-specific impact, but overall, as you can see from the Dow being down around 200 points, it\u2019s a generally sloppy overall market session.\"<\/em><\/p>\n\n\n\n

\"\"
The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever<\/em><\/figcaption><\/figure>\n\n\n\n

Nvidia Fiscal First-Quarter Report <\/h2>\n\n\n\n

Nvidia reported fiscal first-quarter results that exceeded Wall Street's estimates, driven by soaring demand for generative artificial intelligence. This surge led to record data center revenue, highlighting the company's pivotal role in the AI market and its strong financial performance. It is also important to mention that Nvidia's continued innovation and release of advanced GPU products attracted more customers and their cutting-edge technology offered superior performance, making them the preferred choice for various industries.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The first-quarter U.S. Earnings Season Showed Further improvements. What To Expect From The Upcoming Days?<\/a><\/p>\n\n\n\n

Market attention now turns to the U.S. core Personal Consumption Expenditures Price Index report for April, set to be released later in the week. The Fed's preferred inflation measure is anticipated to remain stable on a monthly basis but investors will be looking to see if those results will reinforce the changing opinion from the Fed policymakers that there will be no rate cuts in 2024.<\/p>\n\n\n\n

Minneapolis Fed President Neel Kashkari stated in an interview with CNBC that the U.S. central bank should hold off on cutting interest rates this year. He also mentioned that the bank might consider raising rates if inflation does not continue to decrease. This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices.<\/p>\n","post_title":"Nasdaq Exceeded 17,000 Driven By A Boost From Nvidia. What To Expect In The Upcoming Days?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nasdaq-exceeded-17000-driven-by-a-boost-from-nvidia-what-to-expect-in-the-upcoming-days","to_ping":"","pinged":"","post_modified":"2024-06-02 22:13:14","post_modified_gmt":"2024-06-02 12:13:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

See Related: <\/em><\/strong>The S&amp;P 500 And Nasdaq Indexes Closed At Record Highs This Tuesday.\u00a0 What To Expect In The Upcoming Days?<\/a><\/p>\n\n\n\n

Other Firms Joining Nasdaq-100<\/strong><\/p>\n\n\n\n

Palantir Technologies, a firm focussing on big data analytics, and Axon Enterprise, known for its body cameras and law enforcement technology, also joined the Nasdaq-100.<\/p>\n\n\n\n

Palantir's focus on AI and data integration has reportedly positioned it as a critical partner for governments and enterprises navigating complex challenges. Meanwhile, Axon's advancements in public safety technology, including its work with AI, have bolstered its market value and relevance.<\/p>\n\n\n\n

Meanwhile, Nasdaq-100 bid farewell to Illumina, Moderna, and Super Micro Computer. Illumina's exit reportedly followed regulatory challenges and a slowdown in demand for its services. Moderna, a household name during the pandemic, reportedly faces shrinking revenues as COVID-19 vaccine demand wanes. Super Micro Computer, known for its computing hardware, also exits despite strong revenue growth.<\/p>\n\n\n\n

In August, the Securities and Exchange Commission approved the launch of the first leveraged single-stock ETF based on MicroStrategy. Leveraged ETFs are designed to amplify performance. The securities regulator started approving leveraged single-stock ETFs after years of rejecting similar proposals.<\/p>\n","post_title":"MicroStrategy Joins Nasdaq-100 As Institutional Bitcoin Adoption Grows","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-joins-nasdaq-100-as-institutional-bitcoin-adoption-grows","to_ping":"","pinged":"","post_modified":"2024-12-19 05:04:08","post_modified_gmt":"2024-12-18 18:04:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19887","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17874,"post_author":"14","post_date":"2024-07-24 13:40:56","post_date_gmt":"2024-07-24 03:40:56","post_content":"\n

The S&P 500 and the Nasdaq are struggling this Wednesday, driven down by declines in major chip and tech stocks while analysts point to potential stricter U.S. trade restrictions on China as a significant factor behind this downturn.<\/p>\n\n\n\n

According to a Bloomberg report, the Biden administration has warned its allies that it might impose the toughest trade restrictions on China if companies like Tokyo Electron and ASML Holding NV keep providing advanced semiconductor technology to the country.<\/p>\n\n\n\n

\"\"
Nasdaq has weakened more than 2% this Wednesday<\/em><\/figcaption><\/figure>\n\n\n\n

However, David Rosernberg, founder and president of Rosenberg Research, believes Wall Street's losses on Wednesday are unlikely to last. Growing speculation about a Federal Reserve rate cut in September, along with rising expectations of former President Donald Trump's return to the White House after the attempt on his life, has given stocks a significant boost in recent sessions.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The S&amp; P 500 And Nasdaq Indexes Closed At Record Highs This Tuesday.\u00a0 What To Expect In The Upcoming Days?<\/a><\/p>\n\n\n\n

Investors And BofA Global Research <\/h2>\n\n\n\n

A recent BofA global research survey also showed that world investors remain bullish, with sentiment fueled by Federal Reserve rate cuts expected this year and into 2025. Inflation projections continued to stabilize in July, with 62% of investors now expecting lower CPI over the next 12 months, up from 57% in June and 56% in May.<\/p>\n\n\n\n

As U.S. election concerns gained prominence, fund managers were asked which policy areas they believe will be most affected by the November election. Of those polled this month, \u201ctrade policy is viewed as the most likely area to be impacted by the US election per 48% of FMC investors, followed by immigration (15%), and geopolitics,\u201d BofA Global Research said.<\/p>\n\n\n\n

At the same time rising geopolitical angst, especially in the U.S., put a damper on global growth expectations. It is important to mention that  27% of portfolio managers expect weaker economic growth in the coming year. This compared to 6% in June and 9% in May and was in sharp contrast to April, where a net 11% of managers looked for stronger world growth.<\/p>\n\n\n\n

Some economic analysts believe the U.S. economy is already starting to see signs of a slowdown and according to them, many companies could face liquidity problems in the upcoming months. High rates encourage saving over spending and make the debt more costly, and companies that have a bigger credit or other loans with variable interest rates could be in a difficult situation. Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity and job creation.<\/p>\n","post_title":"Major Chip And Tech Stocks Drive Down S&P 500 And Nasdaq","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"major-chip-and-tech-stocks-drive-down-sp-500-and-nasdaq","to_ping":"","pinged":"","post_modified":"2024-07-24 13:41:01","post_modified_gmt":"2024-07-24 03:41:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17874","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17270,"post_author":"14","post_date":"2024-06-10 19:27:55","post_date_gmt":"2024-06-10 09:27:55","post_content":"\n

The S&P 500 and Nasdaq indexes reached record highs this Wednesday supported mainly by technology stocks as markets digested economic data that could support a much-expected start to the Federal Reserve's policy easing cycle.<\/p>\n\n\n\n

\"\"
The tech-heavy index Nasdaq reached record highs this Wednesday<\/em><\/figcaption><\/figure>\n\n\n\n

The May private payrolls report released this Wednesday is the latest indication of a loosening labor market, potentially prompting the Fed to consider rate cuts this year. Additionally, a report on Tuesday revealed that job openings in April fell to their lowest level in over three years. Jack Janasiewicz, a portfolio manager at Natixis Investment Managers Solutions in Boston said<\/a>:<\/p>\n\n\n\n

\"We're seeing the economic data starting to ease up a little bit and the repercussions for that is that you're seeing the pressure on rates come off the boil a little bit mixed in with the potential for weaker economic data, which is a pretty good recipe for the bond market.\"<\/em><\/p>\n\n\n\n

According to the CME's FedWatch tool, market participants now estimate a nearly 69% probability of a rate cut in September, up from around 50% just last week. However, it is important to say that investors are now looking forward to the nonfarm payrolls report, scheduled for release on Friday, to gain a comprehensive understanding of the labor market and the interest rate path.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Have Goldman Sachs Analysts Become Overly Optimistic By Revising Their Year-End S&P 500 Index Target Upwards<\/a><\/p>\n\n\n\n

Monthly Non-Farm Payroll Data<\/h2>\n\n\n\n

The monthly non-farm payroll data in the U.S. is a critical economic indicator that provides insights into the employment situation but also reflects economic growth, consumer spending potential, and business confidence, making it a closely watched report by investors, policymakers, and economists.<\/p>\n\n\n\n

The upcoming monthly non-farm payrolls data is expected to reveal a slowdown in job additions for May and according to economic analysts, many companies could face liquidity problems in the upcoming months. The current high interest rates encourage saving over spending and increase the cost of debt which could be particularly challenging for companies with substantial credit or variable interest rate loans.<\/p>\n\n\n\n

Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity. This situation could adversely affect stock prices and make fixed-income investments, such as bonds, more appealing than stocks.<\/p>\n","post_title":"The S&P 500 And Nasdaq Indexes Reached Record Highs This Wednesday. Could A Pullback Be Imminent?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-sp-500-and-nasdaq-indexes-reached-record-highs-this-wednesday-could-a-pullback-be-imminent","to_ping":"","pinged":"","post_modified":"2024-06-10 19:27:59","post_modified_gmt":"2024-06-10 09:27:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17270","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17144,"post_author":"14","post_date":"2024-06-02 22:13:10","post_date_gmt":"2024-06-02 12:13:10","post_content":"\n

The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever as AI leader Nvidia hit a record high which lifted investor sentiment and contributed to the rally. This milestone underscored the ongoing strength in the technology sector and the impact of major players like Nvidia on market movements. Michael James, managing director of equity trading at Wedbush Securities in Los Angeles said<\/a>:<\/p>\n\n\n\n

\"In terms of today\u2019s price action, it\u2019s all about technology and the winners continue to be the winners, specifically Nvidia. Today's tape is a function of positive stories having some stock-specific impact, but overall, as you can see from the Dow being down around 200 points, it\u2019s a generally sloppy overall market session.\"<\/em><\/p>\n\n\n\n

\"\"
The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever<\/em><\/figcaption><\/figure>\n\n\n\n

Nvidia Fiscal First-Quarter Report <\/h2>\n\n\n\n

Nvidia reported fiscal first-quarter results that exceeded Wall Street's estimates, driven by soaring demand for generative artificial intelligence. This surge led to record data center revenue, highlighting the company's pivotal role in the AI market and its strong financial performance. It is also important to mention that Nvidia's continued innovation and release of advanced GPU products attracted more customers and their cutting-edge technology offered superior performance, making them the preferred choice for various industries.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The first-quarter U.S. Earnings Season Showed Further improvements. What To Expect From The Upcoming Days?<\/a><\/p>\n\n\n\n

Market attention now turns to the U.S. core Personal Consumption Expenditures Price Index report for April, set to be released later in the week. The Fed's preferred inflation measure is anticipated to remain stable on a monthly basis but investors will be looking to see if those results will reinforce the changing opinion from the Fed policymakers that there will be no rate cuts in 2024.<\/p>\n\n\n\n

Minneapolis Fed President Neel Kashkari stated in an interview with CNBC that the U.S. central bank should hold off on cutting interest rates this year. He also mentioned that the bank might consider raising rates if inflation does not continue to decrease. This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices.<\/p>\n","post_title":"Nasdaq Exceeded 17,000 Driven By A Boost From Nvidia. What To Expect In The Upcoming Days?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nasdaq-exceeded-17000-driven-by-a-boost-from-nvidia-what-to-expect-in-the-upcoming-days","to_ping":"","pinged":"","post_modified":"2024-06-02 22:13:14","post_modified_gmt":"2024-06-02 12:13:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The company's entry into Nasdaq-100 also involves the inclusion in the Invesco QQQ Trust (QQQ), a popular exchange-traded fund (ETF) managing over $322 billion in assets. Investors following the QQQ portfolio will now gain indirect exposure to MicroStrategy, the stock market index mentioned.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The S&amp;P 500 And Nasdaq Indexes Closed At Record Highs This Tuesday.\u00a0 What To Expect In The Upcoming Days?<\/a><\/p>\n\n\n\n

Other Firms Joining Nasdaq-100<\/strong><\/p>\n\n\n\n

Palantir Technologies, a firm focussing on big data analytics, and Axon Enterprise, known for its body cameras and law enforcement technology, also joined the Nasdaq-100.<\/p>\n\n\n\n

Palantir's focus on AI and data integration has reportedly positioned it as a critical partner for governments and enterprises navigating complex challenges. Meanwhile, Axon's advancements in public safety technology, including its work with AI, have bolstered its market value and relevance.<\/p>\n\n\n\n

Meanwhile, Nasdaq-100 bid farewell to Illumina, Moderna, and Super Micro Computer. Illumina's exit reportedly followed regulatory challenges and a slowdown in demand for its services. Moderna, a household name during the pandemic, reportedly faces shrinking revenues as COVID-19 vaccine demand wanes. Super Micro Computer, known for its computing hardware, also exits despite strong revenue growth.<\/p>\n\n\n\n

In August, the Securities and Exchange Commission approved the launch of the first leveraged single-stock ETF based on MicroStrategy. Leveraged ETFs are designed to amplify performance. The securities regulator started approving leveraged single-stock ETFs after years of rejecting similar proposals.<\/p>\n","post_title":"MicroStrategy Joins Nasdaq-100 As Institutional Bitcoin Adoption Grows","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-joins-nasdaq-100-as-institutional-bitcoin-adoption-grows","to_ping":"","pinged":"","post_modified":"2024-12-19 05:04:08","post_modified_gmt":"2024-12-18 18:04:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19887","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17874,"post_author":"14","post_date":"2024-07-24 13:40:56","post_date_gmt":"2024-07-24 03:40:56","post_content":"\n

The S&P 500 and the Nasdaq are struggling this Wednesday, driven down by declines in major chip and tech stocks while analysts point to potential stricter U.S. trade restrictions on China as a significant factor behind this downturn.<\/p>\n\n\n\n

According to a Bloomberg report, the Biden administration has warned its allies that it might impose the toughest trade restrictions on China if companies like Tokyo Electron and ASML Holding NV keep providing advanced semiconductor technology to the country.<\/p>\n\n\n\n

\"\"
Nasdaq has weakened more than 2% this Wednesday<\/em><\/figcaption><\/figure>\n\n\n\n

However, David Rosernberg, founder and president of Rosenberg Research, believes Wall Street's losses on Wednesday are unlikely to last. Growing speculation about a Federal Reserve rate cut in September, along with rising expectations of former President Donald Trump's return to the White House after the attempt on his life, has given stocks a significant boost in recent sessions.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The S&amp; P 500 And Nasdaq Indexes Closed At Record Highs This Tuesday.\u00a0 What To Expect In The Upcoming Days?<\/a><\/p>\n\n\n\n

Investors And BofA Global Research <\/h2>\n\n\n\n

A recent BofA global research survey also showed that world investors remain bullish, with sentiment fueled by Federal Reserve rate cuts expected this year and into 2025. Inflation projections continued to stabilize in July, with 62% of investors now expecting lower CPI over the next 12 months, up from 57% in June and 56% in May.<\/p>\n\n\n\n

As U.S. election concerns gained prominence, fund managers were asked which policy areas they believe will be most affected by the November election. Of those polled this month, \u201ctrade policy is viewed as the most likely area to be impacted by the US election per 48% of FMC investors, followed by immigration (15%), and geopolitics,\u201d BofA Global Research said.<\/p>\n\n\n\n

At the same time rising geopolitical angst, especially in the U.S., put a damper on global growth expectations. It is important to mention that  27% of portfolio managers expect weaker economic growth in the coming year. This compared to 6% in June and 9% in May and was in sharp contrast to April, where a net 11% of managers looked for stronger world growth.<\/p>\n\n\n\n

Some economic analysts believe the U.S. economy is already starting to see signs of a slowdown and according to them, many companies could face liquidity problems in the upcoming months. High rates encourage saving over spending and make the debt more costly, and companies that have a bigger credit or other loans with variable interest rates could be in a difficult situation. Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity and job creation.<\/p>\n","post_title":"Major Chip And Tech Stocks Drive Down S&P 500 And Nasdaq","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"major-chip-and-tech-stocks-drive-down-sp-500-and-nasdaq","to_ping":"","pinged":"","post_modified":"2024-07-24 13:41:01","post_modified_gmt":"2024-07-24 03:41:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17874","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17270,"post_author":"14","post_date":"2024-06-10 19:27:55","post_date_gmt":"2024-06-10 09:27:55","post_content":"\n

The S&P 500 and Nasdaq indexes reached record highs this Wednesday supported mainly by technology stocks as markets digested economic data that could support a much-expected start to the Federal Reserve's policy easing cycle.<\/p>\n\n\n\n

\"\"
The tech-heavy index Nasdaq reached record highs this Wednesday<\/em><\/figcaption><\/figure>\n\n\n\n

The May private payrolls report released this Wednesday is the latest indication of a loosening labor market, potentially prompting the Fed to consider rate cuts this year. Additionally, a report on Tuesday revealed that job openings in April fell to their lowest level in over three years. Jack Janasiewicz, a portfolio manager at Natixis Investment Managers Solutions in Boston said<\/a>:<\/p>\n\n\n\n

\"We're seeing the economic data starting to ease up a little bit and the repercussions for that is that you're seeing the pressure on rates come off the boil a little bit mixed in with the potential for weaker economic data, which is a pretty good recipe for the bond market.\"<\/em><\/p>\n\n\n\n

According to the CME's FedWatch tool, market participants now estimate a nearly 69% probability of a rate cut in September, up from around 50% just last week. However, it is important to say that investors are now looking forward to the nonfarm payrolls report, scheduled for release on Friday, to gain a comprehensive understanding of the labor market and the interest rate path.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Have Goldman Sachs Analysts Become Overly Optimistic By Revising Their Year-End S&P 500 Index Target Upwards<\/a><\/p>\n\n\n\n

Monthly Non-Farm Payroll Data<\/h2>\n\n\n\n

The monthly non-farm payroll data in the U.S. is a critical economic indicator that provides insights into the employment situation but also reflects economic growth, consumer spending potential, and business confidence, making it a closely watched report by investors, policymakers, and economists.<\/p>\n\n\n\n

The upcoming monthly non-farm payrolls data is expected to reveal a slowdown in job additions for May and according to economic analysts, many companies could face liquidity problems in the upcoming months. The current high interest rates encourage saving over spending and increase the cost of debt which could be particularly challenging for companies with substantial credit or variable interest rate loans.<\/p>\n\n\n\n

Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity. This situation could adversely affect stock prices and make fixed-income investments, such as bonds, more appealing than stocks.<\/p>\n","post_title":"The S&P 500 And Nasdaq Indexes Reached Record Highs This Wednesday. Could A Pullback Be Imminent?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-sp-500-and-nasdaq-indexes-reached-record-highs-this-wednesday-could-a-pullback-be-imminent","to_ping":"","pinged":"","post_modified":"2024-06-10 19:27:59","post_modified_gmt":"2024-06-10 09:27:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17270","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17144,"post_author":"14","post_date":"2024-06-02 22:13:10","post_date_gmt":"2024-06-02 12:13:10","post_content":"\n

The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever as AI leader Nvidia hit a record high which lifted investor sentiment and contributed to the rally. This milestone underscored the ongoing strength in the technology sector and the impact of major players like Nvidia on market movements. Michael James, managing director of equity trading at Wedbush Securities in Los Angeles said<\/a>:<\/p>\n\n\n\n

\"In terms of today\u2019s price action, it\u2019s all about technology and the winners continue to be the winners, specifically Nvidia. Today's tape is a function of positive stories having some stock-specific impact, but overall, as you can see from the Dow being down around 200 points, it\u2019s a generally sloppy overall market session.\"<\/em><\/p>\n\n\n\n

\"\"
The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever<\/em><\/figcaption><\/figure>\n\n\n\n

Nvidia Fiscal First-Quarter Report <\/h2>\n\n\n\n

Nvidia reported fiscal first-quarter results that exceeded Wall Street's estimates, driven by soaring demand for generative artificial intelligence. This surge led to record data center revenue, highlighting the company's pivotal role in the AI market and its strong financial performance. It is also important to mention that Nvidia's continued innovation and release of advanced GPU products attracted more customers and their cutting-edge technology offered superior performance, making them the preferred choice for various industries.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The first-quarter U.S. Earnings Season Showed Further improvements. What To Expect From The Upcoming Days?<\/a><\/p>\n\n\n\n

Market attention now turns to the U.S. core Personal Consumption Expenditures Price Index report for April, set to be released later in the week. The Fed's preferred inflation measure is anticipated to remain stable on a monthly basis but investors will be looking to see if those results will reinforce the changing opinion from the Fed policymakers that there will be no rate cuts in 2024.<\/p>\n\n\n\n

Minneapolis Fed President Neel Kashkari stated in an interview with CNBC that the U.S. central bank should hold off on cutting interest rates this year. He also mentioned that the bank might consider raising rates if inflation does not continue to decrease. This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices.<\/p>\n","post_title":"Nasdaq Exceeded 17,000 Driven By A Boost From Nvidia. What To Expect In The Upcoming Days?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nasdaq-exceeded-17000-driven-by-a-boost-from-nvidia-what-to-expect-in-the-upcoming-days","to_ping":"","pinged":"","post_modified":"2024-06-02 22:13:14","post_modified_gmt":"2024-06-02 12:13:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

According to a statement<\/a> by Nasdaq, this addition also underscores alignment with Nasdaq's acknowledgment of Bitcoin's growing influence in the corporate world.<\/p>\n\n\n\n

The company's entry into Nasdaq-100 also involves the inclusion in the Invesco QQQ Trust (QQQ), a popular exchange-traded fund (ETF) managing over $322 billion in assets. Investors following the QQQ portfolio will now gain indirect exposure to MicroStrategy, the stock market index mentioned.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The S&amp;P 500 And Nasdaq Indexes Closed At Record Highs This Tuesday.\u00a0 What To Expect In The Upcoming Days?<\/a><\/p>\n\n\n\n

Other Firms Joining Nasdaq-100<\/strong><\/p>\n\n\n\n

Palantir Technologies, a firm focussing on big data analytics, and Axon Enterprise, known for its body cameras and law enforcement technology, also joined the Nasdaq-100.<\/p>\n\n\n\n

Palantir's focus on AI and data integration has reportedly positioned it as a critical partner for governments and enterprises navigating complex challenges. Meanwhile, Axon's advancements in public safety technology, including its work with AI, have bolstered its market value and relevance.<\/p>\n\n\n\n

Meanwhile, Nasdaq-100 bid farewell to Illumina, Moderna, and Super Micro Computer. Illumina's exit reportedly followed regulatory challenges and a slowdown in demand for its services. Moderna, a household name during the pandemic, reportedly faces shrinking revenues as COVID-19 vaccine demand wanes. Super Micro Computer, known for its computing hardware, also exits despite strong revenue growth.<\/p>\n\n\n\n

In August, the Securities and Exchange Commission approved the launch of the first leveraged single-stock ETF based on MicroStrategy. Leveraged ETFs are designed to amplify performance. The securities regulator started approving leveraged single-stock ETFs after years of rejecting similar proposals.<\/p>\n","post_title":"MicroStrategy Joins Nasdaq-100 As Institutional Bitcoin Adoption Grows","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-joins-nasdaq-100-as-institutional-bitcoin-adoption-grows","to_ping":"","pinged":"","post_modified":"2024-12-19 05:04:08","post_modified_gmt":"2024-12-18 18:04:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19887","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17874,"post_author":"14","post_date":"2024-07-24 13:40:56","post_date_gmt":"2024-07-24 03:40:56","post_content":"\n

The S&P 500 and the Nasdaq are struggling this Wednesday, driven down by declines in major chip and tech stocks while analysts point to potential stricter U.S. trade restrictions on China as a significant factor behind this downturn.<\/p>\n\n\n\n

According to a Bloomberg report, the Biden administration has warned its allies that it might impose the toughest trade restrictions on China if companies like Tokyo Electron and ASML Holding NV keep providing advanced semiconductor technology to the country.<\/p>\n\n\n\n

\"\"
Nasdaq has weakened more than 2% this Wednesday<\/em><\/figcaption><\/figure>\n\n\n\n

However, David Rosernberg, founder and president of Rosenberg Research, believes Wall Street's losses on Wednesday are unlikely to last. Growing speculation about a Federal Reserve rate cut in September, along with rising expectations of former President Donald Trump's return to the White House after the attempt on his life, has given stocks a significant boost in recent sessions.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The S&amp; P 500 And Nasdaq Indexes Closed At Record Highs This Tuesday.\u00a0 What To Expect In The Upcoming Days?<\/a><\/p>\n\n\n\n

Investors And BofA Global Research <\/h2>\n\n\n\n

A recent BofA global research survey also showed that world investors remain bullish, with sentiment fueled by Federal Reserve rate cuts expected this year and into 2025. Inflation projections continued to stabilize in July, with 62% of investors now expecting lower CPI over the next 12 months, up from 57% in June and 56% in May.<\/p>\n\n\n\n

As U.S. election concerns gained prominence, fund managers were asked which policy areas they believe will be most affected by the November election. Of those polled this month, \u201ctrade policy is viewed as the most likely area to be impacted by the US election per 48% of FMC investors, followed by immigration (15%), and geopolitics,\u201d BofA Global Research said.<\/p>\n\n\n\n

At the same time rising geopolitical angst, especially in the U.S., put a damper on global growth expectations. It is important to mention that  27% of portfolio managers expect weaker economic growth in the coming year. This compared to 6% in June and 9% in May and was in sharp contrast to April, where a net 11% of managers looked for stronger world growth.<\/p>\n\n\n\n

Some economic analysts believe the U.S. economy is already starting to see signs of a slowdown and according to them, many companies could face liquidity problems in the upcoming months. High rates encourage saving over spending and make the debt more costly, and companies that have a bigger credit or other loans with variable interest rates could be in a difficult situation. Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity and job creation.<\/p>\n","post_title":"Major Chip And Tech Stocks Drive Down S&P 500 And Nasdaq","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"major-chip-and-tech-stocks-drive-down-sp-500-and-nasdaq","to_ping":"","pinged":"","post_modified":"2024-07-24 13:41:01","post_modified_gmt":"2024-07-24 03:41:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17874","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17270,"post_author":"14","post_date":"2024-06-10 19:27:55","post_date_gmt":"2024-06-10 09:27:55","post_content":"\n

The S&P 500 and Nasdaq indexes reached record highs this Wednesday supported mainly by technology stocks as markets digested economic data that could support a much-expected start to the Federal Reserve's policy easing cycle.<\/p>\n\n\n\n

\"\"
The tech-heavy index Nasdaq reached record highs this Wednesday<\/em><\/figcaption><\/figure>\n\n\n\n

The May private payrolls report released this Wednesday is the latest indication of a loosening labor market, potentially prompting the Fed to consider rate cuts this year. Additionally, a report on Tuesday revealed that job openings in April fell to their lowest level in over three years. Jack Janasiewicz, a portfolio manager at Natixis Investment Managers Solutions in Boston said<\/a>:<\/p>\n\n\n\n

\"We're seeing the economic data starting to ease up a little bit and the repercussions for that is that you're seeing the pressure on rates come off the boil a little bit mixed in with the potential for weaker economic data, which is a pretty good recipe for the bond market.\"<\/em><\/p>\n\n\n\n

According to the CME's FedWatch tool, market participants now estimate a nearly 69% probability of a rate cut in September, up from around 50% just last week. However, it is important to say that investors are now looking forward to the nonfarm payrolls report, scheduled for release on Friday, to gain a comprehensive understanding of the labor market and the interest rate path.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Have Goldman Sachs Analysts Become Overly Optimistic By Revising Their Year-End S&P 500 Index Target Upwards<\/a><\/p>\n\n\n\n

Monthly Non-Farm Payroll Data<\/h2>\n\n\n\n

The monthly non-farm payroll data in the U.S. is a critical economic indicator that provides insights into the employment situation but also reflects economic growth, consumer spending potential, and business confidence, making it a closely watched report by investors, policymakers, and economists.<\/p>\n\n\n\n

The upcoming monthly non-farm payrolls data is expected to reveal a slowdown in job additions for May and according to economic analysts, many companies could face liquidity problems in the upcoming months. The current high interest rates encourage saving over spending and increase the cost of debt which could be particularly challenging for companies with substantial credit or variable interest rate loans.<\/p>\n\n\n\n

Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity. This situation could adversely affect stock prices and make fixed-income investments, such as bonds, more appealing than stocks.<\/p>\n","post_title":"The S&P 500 And Nasdaq Indexes Reached Record Highs This Wednesday. Could A Pullback Be Imminent?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-sp-500-and-nasdaq-indexes-reached-record-highs-this-wednesday-could-a-pullback-be-imminent","to_ping":"","pinged":"","post_modified":"2024-06-10 19:27:59","post_modified_gmt":"2024-06-10 09:27:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17270","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17144,"post_author":"14","post_date":"2024-06-02 22:13:10","post_date_gmt":"2024-06-02 12:13:10","post_content":"\n

The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever as AI leader Nvidia hit a record high which lifted investor sentiment and contributed to the rally. This milestone underscored the ongoing strength in the technology sector and the impact of major players like Nvidia on market movements. Michael James, managing director of equity trading at Wedbush Securities in Los Angeles said<\/a>:<\/p>\n\n\n\n

\"In terms of today\u2019s price action, it\u2019s all about technology and the winners continue to be the winners, specifically Nvidia. Today's tape is a function of positive stories having some stock-specific impact, but overall, as you can see from the Dow being down around 200 points, it\u2019s a generally sloppy overall market session.\"<\/em><\/p>\n\n\n\n

\"\"
The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever<\/em><\/figcaption><\/figure>\n\n\n\n

Nvidia Fiscal First-Quarter Report <\/h2>\n\n\n\n

Nvidia reported fiscal first-quarter results that exceeded Wall Street's estimates, driven by soaring demand for generative artificial intelligence. This surge led to record data center revenue, highlighting the company's pivotal role in the AI market and its strong financial performance. It is also important to mention that Nvidia's continued innovation and release of advanced GPU products attracted more customers and their cutting-edge technology offered superior performance, making them the preferred choice for various industries.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The first-quarter U.S. Earnings Season Showed Further improvements. What To Expect From The Upcoming Days?<\/a><\/p>\n\n\n\n

Market attention now turns to the U.S. core Personal Consumption Expenditures Price Index report for April, set to be released later in the week. The Fed's preferred inflation measure is anticipated to remain stable on a monthly basis but investors will be looking to see if those results will reinforce the changing opinion from the Fed policymakers that there will be no rate cuts in 2024.<\/p>\n\n\n\n

Minneapolis Fed President Neel Kashkari stated in an interview with CNBC that the U.S. central bank should hold off on cutting interest rates this year. He also mentioned that the bank might consider raising rates if inflation does not continue to decrease. This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices.<\/p>\n","post_title":"Nasdaq Exceeded 17,000 Driven By A Boost From Nvidia. What To Expect In The Upcoming Days?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nasdaq-exceeded-17000-driven-by-a-boost-from-nvidia-what-to-expect-in-the-upcoming-days","to_ping":"","pinged":"","post_modified":"2024-06-02 22:13:14","post_modified_gmt":"2024-06-02 12:13:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

MicroStrategy's inclusion in the Nasdaq-100 marks a significant step for the company, known for its aggressive Bitcoin investments. Led by Michael Saylor, MicroStrategy transitioned from a software firm to a major Bitcoin proponent in 2020, turning its stock into a proxy for cryptocurrency performance.<\/p>\n\n\n\n

According to a statement<\/a> by Nasdaq, this addition also underscores alignment with Nasdaq's acknowledgment of Bitcoin's growing influence in the corporate world.<\/p>\n\n\n\n

The company's entry into Nasdaq-100 also involves the inclusion in the Invesco QQQ Trust (QQQ), a popular exchange-traded fund (ETF) managing over $322 billion in assets. Investors following the QQQ portfolio will now gain indirect exposure to MicroStrategy, the stock market index mentioned.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The S&amp;P 500 And Nasdaq Indexes Closed At Record Highs This Tuesday.\u00a0 What To Expect In The Upcoming Days?<\/a><\/p>\n\n\n\n

Other Firms Joining Nasdaq-100<\/strong><\/p>\n\n\n\n

Palantir Technologies, a firm focussing on big data analytics, and Axon Enterprise, known for its body cameras and law enforcement technology, also joined the Nasdaq-100.<\/p>\n\n\n\n

Palantir's focus on AI and data integration has reportedly positioned it as a critical partner for governments and enterprises navigating complex challenges. Meanwhile, Axon's advancements in public safety technology, including its work with AI, have bolstered its market value and relevance.<\/p>\n\n\n\n

Meanwhile, Nasdaq-100 bid farewell to Illumina, Moderna, and Super Micro Computer. Illumina's exit reportedly followed regulatory challenges and a slowdown in demand for its services. Moderna, a household name during the pandemic, reportedly faces shrinking revenues as COVID-19 vaccine demand wanes. Super Micro Computer, known for its computing hardware, also exits despite strong revenue growth.<\/p>\n\n\n\n

In August, the Securities and Exchange Commission approved the launch of the first leveraged single-stock ETF based on MicroStrategy. Leveraged ETFs are designed to amplify performance. The securities regulator started approving leveraged single-stock ETFs after years of rejecting similar proposals.<\/p>\n","post_title":"MicroStrategy Joins Nasdaq-100 As Institutional Bitcoin Adoption Grows","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-joins-nasdaq-100-as-institutional-bitcoin-adoption-grows","to_ping":"","pinged":"","post_modified":"2024-12-19 05:04:08","post_modified_gmt":"2024-12-18 18:04:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19887","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17874,"post_author":"14","post_date":"2024-07-24 13:40:56","post_date_gmt":"2024-07-24 03:40:56","post_content":"\n

The S&P 500 and the Nasdaq are struggling this Wednesday, driven down by declines in major chip and tech stocks while analysts point to potential stricter U.S. trade restrictions on China as a significant factor behind this downturn.<\/p>\n\n\n\n

According to a Bloomberg report, the Biden administration has warned its allies that it might impose the toughest trade restrictions on China if companies like Tokyo Electron and ASML Holding NV keep providing advanced semiconductor technology to the country.<\/p>\n\n\n\n

\"\"
Nasdaq has weakened more than 2% this Wednesday<\/em><\/figcaption><\/figure>\n\n\n\n

However, David Rosernberg, founder and president of Rosenberg Research, believes Wall Street's losses on Wednesday are unlikely to last. Growing speculation about a Federal Reserve rate cut in September, along with rising expectations of former President Donald Trump's return to the White House after the attempt on his life, has given stocks a significant boost in recent sessions.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The S&amp; P 500 And Nasdaq Indexes Closed At Record Highs This Tuesday.\u00a0 What To Expect In The Upcoming Days?<\/a><\/p>\n\n\n\n

Investors And BofA Global Research <\/h2>\n\n\n\n

A recent BofA global research survey also showed that world investors remain bullish, with sentiment fueled by Federal Reserve rate cuts expected this year and into 2025. Inflation projections continued to stabilize in July, with 62% of investors now expecting lower CPI over the next 12 months, up from 57% in June and 56% in May.<\/p>\n\n\n\n

As U.S. election concerns gained prominence, fund managers were asked which policy areas they believe will be most affected by the November election. Of those polled this month, \u201ctrade policy is viewed as the most likely area to be impacted by the US election per 48% of FMC investors, followed by immigration (15%), and geopolitics,\u201d BofA Global Research said.<\/p>\n\n\n\n

At the same time rising geopolitical angst, especially in the U.S., put a damper on global growth expectations. It is important to mention that  27% of portfolio managers expect weaker economic growth in the coming year. This compared to 6% in June and 9% in May and was in sharp contrast to April, where a net 11% of managers looked for stronger world growth.<\/p>\n\n\n\n

Some economic analysts believe the U.S. economy is already starting to see signs of a slowdown and according to them, many companies could face liquidity problems in the upcoming months. High rates encourage saving over spending and make the debt more costly, and companies that have a bigger credit or other loans with variable interest rates could be in a difficult situation. Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity and job creation.<\/p>\n","post_title":"Major Chip And Tech Stocks Drive Down S&P 500 And Nasdaq","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"major-chip-and-tech-stocks-drive-down-sp-500-and-nasdaq","to_ping":"","pinged":"","post_modified":"2024-07-24 13:41:01","post_modified_gmt":"2024-07-24 03:41:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17874","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17270,"post_author":"14","post_date":"2024-06-10 19:27:55","post_date_gmt":"2024-06-10 09:27:55","post_content":"\n

The S&P 500 and Nasdaq indexes reached record highs this Wednesday supported mainly by technology stocks as markets digested economic data that could support a much-expected start to the Federal Reserve's policy easing cycle.<\/p>\n\n\n\n

\"\"
The tech-heavy index Nasdaq reached record highs this Wednesday<\/em><\/figcaption><\/figure>\n\n\n\n

The May private payrolls report released this Wednesday is the latest indication of a loosening labor market, potentially prompting the Fed to consider rate cuts this year. Additionally, a report on Tuesday revealed that job openings in April fell to their lowest level in over three years. Jack Janasiewicz, a portfolio manager at Natixis Investment Managers Solutions in Boston said<\/a>:<\/p>\n\n\n\n

\"We're seeing the economic data starting to ease up a little bit and the repercussions for that is that you're seeing the pressure on rates come off the boil a little bit mixed in with the potential for weaker economic data, which is a pretty good recipe for the bond market.\"<\/em><\/p>\n\n\n\n

According to the CME's FedWatch tool, market participants now estimate a nearly 69% probability of a rate cut in September, up from around 50% just last week. However, it is important to say that investors are now looking forward to the nonfarm payrolls report, scheduled for release on Friday, to gain a comprehensive understanding of the labor market and the interest rate path.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Have Goldman Sachs Analysts Become Overly Optimistic By Revising Their Year-End S&P 500 Index Target Upwards<\/a><\/p>\n\n\n\n

Monthly Non-Farm Payroll Data<\/h2>\n\n\n\n

The monthly non-farm payroll data in the U.S. is a critical economic indicator that provides insights into the employment situation but also reflects economic growth, consumer spending potential, and business confidence, making it a closely watched report by investors, policymakers, and economists.<\/p>\n\n\n\n

The upcoming monthly non-farm payrolls data is expected to reveal a slowdown in job additions for May and according to economic analysts, many companies could face liquidity problems in the upcoming months. The current high interest rates encourage saving over spending and increase the cost of debt which could be particularly challenging for companies with substantial credit or variable interest rate loans.<\/p>\n\n\n\n

Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity. This situation could adversely affect stock prices and make fixed-income investments, such as bonds, more appealing than stocks.<\/p>\n","post_title":"The S&P 500 And Nasdaq Indexes Reached Record Highs This Wednesday. Could A Pullback Be Imminent?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-sp-500-and-nasdaq-indexes-reached-record-highs-this-wednesday-could-a-pullback-be-imminent","to_ping":"","pinged":"","post_modified":"2024-06-10 19:27:59","post_modified_gmt":"2024-06-10 09:27:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17270","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17144,"post_author":"14","post_date":"2024-06-02 22:13:10","post_date_gmt":"2024-06-02 12:13:10","post_content":"\n

The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever as AI leader Nvidia hit a record high which lifted investor sentiment and contributed to the rally. This milestone underscored the ongoing strength in the technology sector and the impact of major players like Nvidia on market movements. Michael James, managing director of equity trading at Wedbush Securities in Los Angeles said<\/a>:<\/p>\n\n\n\n

\"In terms of today\u2019s price action, it\u2019s all about technology and the winners continue to be the winners, specifically Nvidia. Today's tape is a function of positive stories having some stock-specific impact, but overall, as you can see from the Dow being down around 200 points, it\u2019s a generally sloppy overall market session.\"<\/em><\/p>\n\n\n\n

\"\"
The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever<\/em><\/figcaption><\/figure>\n\n\n\n

Nvidia Fiscal First-Quarter Report <\/h2>\n\n\n\n

Nvidia reported fiscal first-quarter results that exceeded Wall Street's estimates, driven by soaring demand for generative artificial intelligence. This surge led to record data center revenue, highlighting the company's pivotal role in the AI market and its strong financial performance. It is also important to mention that Nvidia's continued innovation and release of advanced GPU products attracted more customers and their cutting-edge technology offered superior performance, making them the preferred choice for various industries.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The first-quarter U.S. Earnings Season Showed Further improvements. What To Expect From The Upcoming Days?<\/a><\/p>\n\n\n\n

Market attention now turns to the U.S. core Personal Consumption Expenditures Price Index report for April, set to be released later in the week. The Fed's preferred inflation measure is anticipated to remain stable on a monthly basis but investors will be looking to see if those results will reinforce the changing opinion from the Fed policymakers that there will be no rate cuts in 2024.<\/p>\n\n\n\n

Minneapolis Fed President Neel Kashkari stated in an interview with CNBC that the U.S. central bank should hold off on cutting interest rates this year. He also mentioned that the bank might consider raising rates if inflation does not continue to decrease. This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices.<\/p>\n","post_title":"Nasdaq Exceeded 17,000 Driven By A Boost From Nvidia. What To Expect In The Upcoming Days?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nasdaq-exceeded-17000-driven-by-a-boost-from-nvidia-what-to-expect-in-the-upcoming-days","to_ping":"","pinged":"","post_modified":"2024-06-02 22:13:14","post_modified_gmt":"2024-06-02 12:13:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Nasdaq-100 Index, which tracks the 100 largest non-financial companies on the Nasdaq Stock Market, will list Bitcoin-advocate MicroStrategy this month.  Other firms joining it are Palantir Technologies and Axon Enterprise, which are replacing Illumina, Moderna, and Super Micro Computer in a reshuffle recently announced by the platform.<\/p>\n\n\n\n

MicroStrategy's inclusion in the Nasdaq-100 marks a significant step for the company, known for its aggressive Bitcoin investments. Led by Michael Saylor, MicroStrategy transitioned from a software firm to a major Bitcoin proponent in 2020, turning its stock into a proxy for cryptocurrency performance.<\/p>\n\n\n\n

According to a statement<\/a> by Nasdaq, this addition also underscores alignment with Nasdaq's acknowledgment of Bitcoin's growing influence in the corporate world.<\/p>\n\n\n\n

The company's entry into Nasdaq-100 also involves the inclusion in the Invesco QQQ Trust (QQQ), a popular exchange-traded fund (ETF) managing over $322 billion in assets. Investors following the QQQ portfolio will now gain indirect exposure to MicroStrategy, the stock market index mentioned.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The S&amp;P 500 And Nasdaq Indexes Closed At Record Highs This Tuesday.\u00a0 What To Expect In The Upcoming Days?<\/a><\/p>\n\n\n\n

Other Firms Joining Nasdaq-100<\/strong><\/p>\n\n\n\n

Palantir Technologies, a firm focussing on big data analytics, and Axon Enterprise, known for its body cameras and law enforcement technology, also joined the Nasdaq-100.<\/p>\n\n\n\n

Palantir's focus on AI and data integration has reportedly positioned it as a critical partner for governments and enterprises navigating complex challenges. Meanwhile, Axon's advancements in public safety technology, including its work with AI, have bolstered its market value and relevance.<\/p>\n\n\n\n

Meanwhile, Nasdaq-100 bid farewell to Illumina, Moderna, and Super Micro Computer. Illumina's exit reportedly followed regulatory challenges and a slowdown in demand for its services. Moderna, a household name during the pandemic, reportedly faces shrinking revenues as COVID-19 vaccine demand wanes. Super Micro Computer, known for its computing hardware, also exits despite strong revenue growth.<\/p>\n\n\n\n

In August, the Securities and Exchange Commission approved the launch of the first leveraged single-stock ETF based on MicroStrategy. Leveraged ETFs are designed to amplify performance. The securities regulator started approving leveraged single-stock ETFs after years of rejecting similar proposals.<\/p>\n","post_title":"MicroStrategy Joins Nasdaq-100 As Institutional Bitcoin Adoption Grows","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-joins-nasdaq-100-as-institutional-bitcoin-adoption-grows","to_ping":"","pinged":"","post_modified":"2024-12-19 05:04:08","post_modified_gmt":"2024-12-18 18:04:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19887","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17874,"post_author":"14","post_date":"2024-07-24 13:40:56","post_date_gmt":"2024-07-24 03:40:56","post_content":"\n

The S&P 500 and the Nasdaq are struggling this Wednesday, driven down by declines in major chip and tech stocks while analysts point to potential stricter U.S. trade restrictions on China as a significant factor behind this downturn.<\/p>\n\n\n\n

According to a Bloomberg report, the Biden administration has warned its allies that it might impose the toughest trade restrictions on China if companies like Tokyo Electron and ASML Holding NV keep providing advanced semiconductor technology to the country.<\/p>\n\n\n\n

\"\"
Nasdaq has weakened more than 2% this Wednesday<\/em><\/figcaption><\/figure>\n\n\n\n

However, David Rosernberg, founder and president of Rosenberg Research, believes Wall Street's losses on Wednesday are unlikely to last. Growing speculation about a Federal Reserve rate cut in September, along with rising expectations of former President Donald Trump's return to the White House after the attempt on his life, has given stocks a significant boost in recent sessions.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The S&amp; P 500 And Nasdaq Indexes Closed At Record Highs This Tuesday.\u00a0 What To Expect In The Upcoming Days?<\/a><\/p>\n\n\n\n

Investors And BofA Global Research <\/h2>\n\n\n\n

A recent BofA global research survey also showed that world investors remain bullish, with sentiment fueled by Federal Reserve rate cuts expected this year and into 2025. Inflation projections continued to stabilize in July, with 62% of investors now expecting lower CPI over the next 12 months, up from 57% in June and 56% in May.<\/p>\n\n\n\n

As U.S. election concerns gained prominence, fund managers were asked which policy areas they believe will be most affected by the November election. Of those polled this month, \u201ctrade policy is viewed as the most likely area to be impacted by the US election per 48% of FMC investors, followed by immigration (15%), and geopolitics,\u201d BofA Global Research said.<\/p>\n\n\n\n

At the same time rising geopolitical angst, especially in the U.S., put a damper on global growth expectations. It is important to mention that  27% of portfolio managers expect weaker economic growth in the coming year. This compared to 6% in June and 9% in May and was in sharp contrast to April, where a net 11% of managers looked for stronger world growth.<\/p>\n\n\n\n

Some economic analysts believe the U.S. economy is already starting to see signs of a slowdown and according to them, many companies could face liquidity problems in the upcoming months. High rates encourage saving over spending and make the debt more costly, and companies that have a bigger credit or other loans with variable interest rates could be in a difficult situation. Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity and job creation.<\/p>\n","post_title":"Major Chip And Tech Stocks Drive Down S&P 500 And Nasdaq","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"major-chip-and-tech-stocks-drive-down-sp-500-and-nasdaq","to_ping":"","pinged":"","post_modified":"2024-07-24 13:41:01","post_modified_gmt":"2024-07-24 03:41:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17874","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17270,"post_author":"14","post_date":"2024-06-10 19:27:55","post_date_gmt":"2024-06-10 09:27:55","post_content":"\n

The S&P 500 and Nasdaq indexes reached record highs this Wednesday supported mainly by technology stocks as markets digested economic data that could support a much-expected start to the Federal Reserve's policy easing cycle.<\/p>\n\n\n\n

\"\"
The tech-heavy index Nasdaq reached record highs this Wednesday<\/em><\/figcaption><\/figure>\n\n\n\n

The May private payrolls report released this Wednesday is the latest indication of a loosening labor market, potentially prompting the Fed to consider rate cuts this year. Additionally, a report on Tuesday revealed that job openings in April fell to their lowest level in over three years. Jack Janasiewicz, a portfolio manager at Natixis Investment Managers Solutions in Boston said<\/a>:<\/p>\n\n\n\n

\"We're seeing the economic data starting to ease up a little bit and the repercussions for that is that you're seeing the pressure on rates come off the boil a little bit mixed in with the potential for weaker economic data, which is a pretty good recipe for the bond market.\"<\/em><\/p>\n\n\n\n

According to the CME's FedWatch tool, market participants now estimate a nearly 69% probability of a rate cut in September, up from around 50% just last week. However, it is important to say that investors are now looking forward to the nonfarm payrolls report, scheduled for release on Friday, to gain a comprehensive understanding of the labor market and the interest rate path.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Have Goldman Sachs Analysts Become Overly Optimistic By Revising Their Year-End S&P 500 Index Target Upwards<\/a><\/p>\n\n\n\n

Monthly Non-Farm Payroll Data<\/h2>\n\n\n\n

The monthly non-farm payroll data in the U.S. is a critical economic indicator that provides insights into the employment situation but also reflects economic growth, consumer spending potential, and business confidence, making it a closely watched report by investors, policymakers, and economists.<\/p>\n\n\n\n

The upcoming monthly non-farm payrolls data is expected to reveal a slowdown in job additions for May and according to economic analysts, many companies could face liquidity problems in the upcoming months. The current high interest rates encourage saving over spending and increase the cost of debt which could be particularly challenging for companies with substantial credit or variable interest rate loans.<\/p>\n\n\n\n

Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity. This situation could adversely affect stock prices and make fixed-income investments, such as bonds, more appealing than stocks.<\/p>\n","post_title":"The S&P 500 And Nasdaq Indexes Reached Record Highs This Wednesday. Could A Pullback Be Imminent?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-sp-500-and-nasdaq-indexes-reached-record-highs-this-wednesday-could-a-pullback-be-imminent","to_ping":"","pinged":"","post_modified":"2024-06-10 19:27:59","post_modified_gmt":"2024-06-10 09:27:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17270","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17144,"post_author":"14","post_date":"2024-06-02 22:13:10","post_date_gmt":"2024-06-02 12:13:10","post_content":"\n

The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever as AI leader Nvidia hit a record high which lifted investor sentiment and contributed to the rally. This milestone underscored the ongoing strength in the technology sector and the impact of major players like Nvidia on market movements. Michael James, managing director of equity trading at Wedbush Securities in Los Angeles said<\/a>:<\/p>\n\n\n\n

\"In terms of today\u2019s price action, it\u2019s all about technology and the winners continue to be the winners, specifically Nvidia. Today's tape is a function of positive stories having some stock-specific impact, but overall, as you can see from the Dow being down around 200 points, it\u2019s a generally sloppy overall market session.\"<\/em><\/p>\n\n\n\n

\"\"
The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever<\/em><\/figcaption><\/figure>\n\n\n\n

Nvidia Fiscal First-Quarter Report <\/h2>\n\n\n\n

Nvidia reported fiscal first-quarter results that exceeded Wall Street's estimates, driven by soaring demand for generative artificial intelligence. This surge led to record data center revenue, highlighting the company's pivotal role in the AI market and its strong financial performance. It is also important to mention that Nvidia's continued innovation and release of advanced GPU products attracted more customers and their cutting-edge technology offered superior performance, making them the preferred choice for various industries.<\/p>\n\n\n\n

See Related: <\/em><\/strong>The first-quarter U.S. Earnings Season Showed Further improvements. What To Expect From The Upcoming Days?<\/a><\/p>\n\n\n\n

Market attention now turns to the U.S. core Personal Consumption Expenditures Price Index report for April, set to be released later in the week. The Fed's preferred inflation measure is anticipated to remain stable on a monthly basis but investors will be looking to see if those results will reinforce the changing opinion from the Fed policymakers that there will be no rate cuts in 2024.<\/p>\n\n\n\n

Minneapolis Fed President Neel Kashkari stated in an interview with CNBC that the U.S. central bank should hold off on cutting interest rates this year. He also mentioned that the bank might consider raising rates if inflation does not continue to decrease. This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices.<\/p>\n","post_title":"Nasdaq Exceeded 17,000 Driven By A Boost From Nvidia. What To Expect In The Upcoming Days?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nasdaq-exceeded-17000-driven-by-a-boost-from-nvidia-what-to-expect-in-the-upcoming-days","to_ping":"","pinged":"","post_modified":"2024-06-02 22:13:14","post_modified_gmt":"2024-06-02 12:13:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n
  • The Index welcomed the addition as part of its recognition of Bitcoin's growing influence in the corporate world.<\/li>\n<\/ul>\n\n\n\n

    Nasdaq-100 Index, which tracks the 100 largest non-financial companies on the Nasdaq Stock Market, will list Bitcoin-advocate MicroStrategy this month.  Other firms joining it are Palantir Technologies and Axon Enterprise, which are replacing Illumina, Moderna, and Super Micro Computer in a reshuffle recently announced by the platform.<\/p>\n\n\n\n

    MicroStrategy's inclusion in the Nasdaq-100 marks a significant step for the company, known for its aggressive Bitcoin investments. Led by Michael Saylor, MicroStrategy transitioned from a software firm to a major Bitcoin proponent in 2020, turning its stock into a proxy for cryptocurrency performance.<\/p>\n\n\n\n

    According to a statement<\/a> by Nasdaq, this addition also underscores alignment with Nasdaq's acknowledgment of Bitcoin's growing influence in the corporate world.<\/p>\n\n\n\n

    The company's entry into Nasdaq-100 also involves the inclusion in the Invesco QQQ Trust (QQQ), a popular exchange-traded fund (ETF) managing over $322 billion in assets. Investors following the QQQ portfolio will now gain indirect exposure to MicroStrategy, the stock market index mentioned.<\/p>\n\n\n\n

    See Related: <\/em><\/strong>The S&amp;P 500 And Nasdaq Indexes Closed At Record Highs This Tuesday.\u00a0 What To Expect In The Upcoming Days?<\/a><\/p>\n\n\n\n

    Other Firms Joining Nasdaq-100<\/strong><\/p>\n\n\n\n

    Palantir Technologies, a firm focussing on big data analytics, and Axon Enterprise, known for its body cameras and law enforcement technology, also joined the Nasdaq-100.<\/p>\n\n\n\n

    Palantir's focus on AI and data integration has reportedly positioned it as a critical partner for governments and enterprises navigating complex challenges. Meanwhile, Axon's advancements in public safety technology, including its work with AI, have bolstered its market value and relevance.<\/p>\n\n\n\n

    Meanwhile, Nasdaq-100 bid farewell to Illumina, Moderna, and Super Micro Computer. Illumina's exit reportedly followed regulatory challenges and a slowdown in demand for its services. Moderna, a household name during the pandemic, reportedly faces shrinking revenues as COVID-19 vaccine demand wanes. Super Micro Computer, known for its computing hardware, also exits despite strong revenue growth.<\/p>\n\n\n\n

    In August, the Securities and Exchange Commission approved the launch of the first leveraged single-stock ETF based on MicroStrategy. Leveraged ETFs are designed to amplify performance. The securities regulator started approving leveraged single-stock ETFs after years of rejecting similar proposals.<\/p>\n","post_title":"MicroStrategy Joins Nasdaq-100 As Institutional Bitcoin Adoption Grows","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-joins-nasdaq-100-as-institutional-bitcoin-adoption-grows","to_ping":"","pinged":"","post_modified":"2024-12-19 05:04:08","post_modified_gmt":"2024-12-18 18:04:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19887","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17874,"post_author":"14","post_date":"2024-07-24 13:40:56","post_date_gmt":"2024-07-24 03:40:56","post_content":"\n

    The S&P 500 and the Nasdaq are struggling this Wednesday, driven down by declines in major chip and tech stocks while analysts point to potential stricter U.S. trade restrictions on China as a significant factor behind this downturn.<\/p>\n\n\n\n

    According to a Bloomberg report, the Biden administration has warned its allies that it might impose the toughest trade restrictions on China if companies like Tokyo Electron and ASML Holding NV keep providing advanced semiconductor technology to the country.<\/p>\n\n\n\n

    \"\"
    Nasdaq has weakened more than 2% this Wednesday<\/em><\/figcaption><\/figure>\n\n\n\n

    However, David Rosernberg, founder and president of Rosenberg Research, believes Wall Street's losses on Wednesday are unlikely to last. Growing speculation about a Federal Reserve rate cut in September, along with rising expectations of former President Donald Trump's return to the White House after the attempt on his life, has given stocks a significant boost in recent sessions.<\/p>\n\n\n\n

    See Related: <\/em><\/strong>The S&amp; P 500 And Nasdaq Indexes Closed At Record Highs This Tuesday.\u00a0 What To Expect In The Upcoming Days?<\/a><\/p>\n\n\n\n

    Investors And BofA Global Research <\/h2>\n\n\n\n

    A recent BofA global research survey also showed that world investors remain bullish, with sentiment fueled by Federal Reserve rate cuts expected this year and into 2025. Inflation projections continued to stabilize in July, with 62% of investors now expecting lower CPI over the next 12 months, up from 57% in June and 56% in May.<\/p>\n\n\n\n

    As U.S. election concerns gained prominence, fund managers were asked which policy areas they believe will be most affected by the November election. Of those polled this month, \u201ctrade policy is viewed as the most likely area to be impacted by the US election per 48% of FMC investors, followed by immigration (15%), and geopolitics,\u201d BofA Global Research said.<\/p>\n\n\n\n

    At the same time rising geopolitical angst, especially in the U.S., put a damper on global growth expectations. It is important to mention that  27% of portfolio managers expect weaker economic growth in the coming year. This compared to 6% in June and 9% in May and was in sharp contrast to April, where a net 11% of managers looked for stronger world growth.<\/p>\n\n\n\n

    Some economic analysts believe the U.S. economy is already starting to see signs of a slowdown and according to them, many companies could face liquidity problems in the upcoming months. High rates encourage saving over spending and make the debt more costly, and companies that have a bigger credit or other loans with variable interest rates could be in a difficult situation. Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity and job creation.<\/p>\n","post_title":"Major Chip And Tech Stocks Drive Down S&P 500 And Nasdaq","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"major-chip-and-tech-stocks-drive-down-sp-500-and-nasdaq","to_ping":"","pinged":"","post_modified":"2024-07-24 13:41:01","post_modified_gmt":"2024-07-24 03:41:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17874","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17270,"post_author":"14","post_date":"2024-06-10 19:27:55","post_date_gmt":"2024-06-10 09:27:55","post_content":"\n

    The S&P 500 and Nasdaq indexes reached record highs this Wednesday supported mainly by technology stocks as markets digested economic data that could support a much-expected start to the Federal Reserve's policy easing cycle.<\/p>\n\n\n\n

    \"\"
    The tech-heavy index Nasdaq reached record highs this Wednesday<\/em><\/figcaption><\/figure>\n\n\n\n

    The May private payrolls report released this Wednesday is the latest indication of a loosening labor market, potentially prompting the Fed to consider rate cuts this year. Additionally, a report on Tuesday revealed that job openings in April fell to their lowest level in over three years. Jack Janasiewicz, a portfolio manager at Natixis Investment Managers Solutions in Boston said<\/a>:<\/p>\n\n\n\n

    \"We're seeing the economic data starting to ease up a little bit and the repercussions for that is that you're seeing the pressure on rates come off the boil a little bit mixed in with the potential for weaker economic data, which is a pretty good recipe for the bond market.\"<\/em><\/p>\n\n\n\n

    According to the CME's FedWatch tool, market participants now estimate a nearly 69% probability of a rate cut in September, up from around 50% just last week. However, it is important to say that investors are now looking forward to the nonfarm payrolls report, scheduled for release on Friday, to gain a comprehensive understanding of the labor market and the interest rate path.<\/p>\n\n\n\n

    See Related: <\/em><\/strong>Have Goldman Sachs Analysts Become Overly Optimistic By Revising Their Year-End S&P 500 Index Target Upwards<\/a><\/p>\n\n\n\n

    Monthly Non-Farm Payroll Data<\/h2>\n\n\n\n

    The monthly non-farm payroll data in the U.S. is a critical economic indicator that provides insights into the employment situation but also reflects economic growth, consumer spending potential, and business confidence, making it a closely watched report by investors, policymakers, and economists.<\/p>\n\n\n\n

    The upcoming monthly non-farm payrolls data is expected to reveal a slowdown in job additions for May and according to economic analysts, many companies could face liquidity problems in the upcoming months. The current high interest rates encourage saving over spending and increase the cost of debt which could be particularly challenging for companies with substantial credit or variable interest rate loans.<\/p>\n\n\n\n

    Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity. This situation could adversely affect stock prices and make fixed-income investments, such as bonds, more appealing than stocks.<\/p>\n","post_title":"The S&P 500 And Nasdaq Indexes Reached Record Highs This Wednesday. Could A Pullback Be Imminent?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-sp-500-and-nasdaq-indexes-reached-record-highs-this-wednesday-could-a-pullback-be-imminent","to_ping":"","pinged":"","post_modified":"2024-06-10 19:27:59","post_modified_gmt":"2024-06-10 09:27:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17270","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17144,"post_author":"14","post_date":"2024-06-02 22:13:10","post_date_gmt":"2024-06-02 12:13:10","post_content":"\n

    The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever as AI leader Nvidia hit a record high which lifted investor sentiment and contributed to the rally. This milestone underscored the ongoing strength in the technology sector and the impact of major players like Nvidia on market movements. Michael James, managing director of equity trading at Wedbush Securities in Los Angeles said<\/a>:<\/p>\n\n\n\n

    \"In terms of today\u2019s price action, it\u2019s all about technology and the winners continue to be the winners, specifically Nvidia. Today's tape is a function of positive stories having some stock-specific impact, but overall, as you can see from the Dow being down around 200 points, it\u2019s a generally sloppy overall market session.\"<\/em><\/p>\n\n\n\n

    \"\"
    The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever<\/em><\/figcaption><\/figure>\n\n\n\n

    Nvidia Fiscal First-Quarter Report <\/h2>\n\n\n\n

    Nvidia reported fiscal first-quarter results that exceeded Wall Street's estimates, driven by soaring demand for generative artificial intelligence. This surge led to record data center revenue, highlighting the company's pivotal role in the AI market and its strong financial performance. It is also important to mention that Nvidia's continued innovation and release of advanced GPU products attracted more customers and their cutting-edge technology offered superior performance, making them the preferred choice for various industries.<\/p>\n\n\n\n

    See Related: <\/em><\/strong>The first-quarter U.S. Earnings Season Showed Further improvements. What To Expect From The Upcoming Days?<\/a><\/p>\n\n\n\n

    Market attention now turns to the U.S. core Personal Consumption Expenditures Price Index report for April, set to be released later in the week. The Fed's preferred inflation measure is anticipated to remain stable on a monthly basis but investors will be looking to see if those results will reinforce the changing opinion from the Fed policymakers that there will be no rate cuts in 2024.<\/p>\n\n\n\n

    Minneapolis Fed President Neel Kashkari stated in an interview with CNBC that the U.S. central bank should hold off on cutting interest rates this year. He also mentioned that the bank might consider raising rates if inflation does not continue to decrease. This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices.<\/p>\n","post_title":"Nasdaq Exceeded 17,000 Driven By A Boost From Nvidia. What To Expect In The Upcoming Days?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nasdaq-exceeded-17000-driven-by-a-boost-from-nvidia-what-to-expect-in-the-upcoming-days","to_ping":"","pinged":"","post_modified":"2024-06-02 22:13:14","post_modified_gmt":"2024-06-02 12:13:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

    Most Read

    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

    Twitter Instagram Youtube LinkedIn Facebook RSS
    ADVERTISEMENT
    \n
  • Palantir Technologies and Axon Enterprise are also joining the stock market index.<\/li>\n\n\n\n
  • The Index welcomed the addition as part of its recognition of Bitcoin's growing influence in the corporate world.<\/li>\n<\/ul>\n\n\n\n

    Nasdaq-100 Index, which tracks the 100 largest non-financial companies on the Nasdaq Stock Market, will list Bitcoin-advocate MicroStrategy this month.  Other firms joining it are Palantir Technologies and Axon Enterprise, which are replacing Illumina, Moderna, and Super Micro Computer in a reshuffle recently announced by the platform.<\/p>\n\n\n\n

    MicroStrategy's inclusion in the Nasdaq-100 marks a significant step for the company, known for its aggressive Bitcoin investments. Led by Michael Saylor, MicroStrategy transitioned from a software firm to a major Bitcoin proponent in 2020, turning its stock into a proxy for cryptocurrency performance.<\/p>\n\n\n\n

    According to a statement<\/a> by Nasdaq, this addition also underscores alignment with Nasdaq's acknowledgment of Bitcoin's growing influence in the corporate world.<\/p>\n\n\n\n

    The company's entry into Nasdaq-100 also involves the inclusion in the Invesco QQQ Trust (QQQ), a popular exchange-traded fund (ETF) managing over $322 billion in assets. Investors following the QQQ portfolio will now gain indirect exposure to MicroStrategy, the stock market index mentioned.<\/p>\n\n\n\n

    See Related: <\/em><\/strong>The S&amp;P 500 And Nasdaq Indexes Closed At Record Highs This Tuesday.\u00a0 What To Expect In The Upcoming Days?<\/a><\/p>\n\n\n\n

    Other Firms Joining Nasdaq-100<\/strong><\/p>\n\n\n\n

    Palantir Technologies, a firm focussing on big data analytics, and Axon Enterprise, known for its body cameras and law enforcement technology, also joined the Nasdaq-100.<\/p>\n\n\n\n

    Palantir's focus on AI and data integration has reportedly positioned it as a critical partner for governments and enterprises navigating complex challenges. Meanwhile, Axon's advancements in public safety technology, including its work with AI, have bolstered its market value and relevance.<\/p>\n\n\n\n

    Meanwhile, Nasdaq-100 bid farewell to Illumina, Moderna, and Super Micro Computer. Illumina's exit reportedly followed regulatory challenges and a slowdown in demand for its services. Moderna, a household name during the pandemic, reportedly faces shrinking revenues as COVID-19 vaccine demand wanes. Super Micro Computer, known for its computing hardware, also exits despite strong revenue growth.<\/p>\n\n\n\n

    In August, the Securities and Exchange Commission approved the launch of the first leveraged single-stock ETF based on MicroStrategy. Leveraged ETFs are designed to amplify performance. The securities regulator started approving leveraged single-stock ETFs after years of rejecting similar proposals.<\/p>\n","post_title":"MicroStrategy Joins Nasdaq-100 As Institutional Bitcoin Adoption Grows","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-joins-nasdaq-100-as-institutional-bitcoin-adoption-grows","to_ping":"","pinged":"","post_modified":"2024-12-19 05:04:08","post_modified_gmt":"2024-12-18 18:04:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19887","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17874,"post_author":"14","post_date":"2024-07-24 13:40:56","post_date_gmt":"2024-07-24 03:40:56","post_content":"\n

    The S&P 500 and the Nasdaq are struggling this Wednesday, driven down by declines in major chip and tech stocks while analysts point to potential stricter U.S. trade restrictions on China as a significant factor behind this downturn.<\/p>\n\n\n\n

    According to a Bloomberg report, the Biden administration has warned its allies that it might impose the toughest trade restrictions on China if companies like Tokyo Electron and ASML Holding NV keep providing advanced semiconductor technology to the country.<\/p>\n\n\n\n

    \"\"
    Nasdaq has weakened more than 2% this Wednesday<\/em><\/figcaption><\/figure>\n\n\n\n

    However, David Rosernberg, founder and president of Rosenberg Research, believes Wall Street's losses on Wednesday are unlikely to last. Growing speculation about a Federal Reserve rate cut in September, along with rising expectations of former President Donald Trump's return to the White House after the attempt on his life, has given stocks a significant boost in recent sessions.<\/p>\n\n\n\n

    See Related: <\/em><\/strong>The S&amp; P 500 And Nasdaq Indexes Closed At Record Highs This Tuesday.\u00a0 What To Expect In The Upcoming Days?<\/a><\/p>\n\n\n\n

    Investors And BofA Global Research <\/h2>\n\n\n\n

    A recent BofA global research survey also showed that world investors remain bullish, with sentiment fueled by Federal Reserve rate cuts expected this year and into 2025. Inflation projections continued to stabilize in July, with 62% of investors now expecting lower CPI over the next 12 months, up from 57% in June and 56% in May.<\/p>\n\n\n\n

    As U.S. election concerns gained prominence, fund managers were asked which policy areas they believe will be most affected by the November election. Of those polled this month, \u201ctrade policy is viewed as the most likely area to be impacted by the US election per 48% of FMC investors, followed by immigration (15%), and geopolitics,\u201d BofA Global Research said.<\/p>\n\n\n\n

    At the same time rising geopolitical angst, especially in the U.S., put a damper on global growth expectations. It is important to mention that  27% of portfolio managers expect weaker economic growth in the coming year. This compared to 6% in June and 9% in May and was in sharp contrast to April, where a net 11% of managers looked for stronger world growth.<\/p>\n\n\n\n

    Some economic analysts believe the U.S. economy is already starting to see signs of a slowdown and according to them, many companies could face liquidity problems in the upcoming months. High rates encourage saving over spending and make the debt more costly, and companies that have a bigger credit or other loans with variable interest rates could be in a difficult situation. Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity and job creation.<\/p>\n","post_title":"Major Chip And Tech Stocks Drive Down S&P 500 And Nasdaq","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"major-chip-and-tech-stocks-drive-down-sp-500-and-nasdaq","to_ping":"","pinged":"","post_modified":"2024-07-24 13:41:01","post_modified_gmt":"2024-07-24 03:41:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17874","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17270,"post_author":"14","post_date":"2024-06-10 19:27:55","post_date_gmt":"2024-06-10 09:27:55","post_content":"\n

    The S&P 500 and Nasdaq indexes reached record highs this Wednesday supported mainly by technology stocks as markets digested economic data that could support a much-expected start to the Federal Reserve's policy easing cycle.<\/p>\n\n\n\n

    \"\"
    The tech-heavy index Nasdaq reached record highs this Wednesday<\/em><\/figcaption><\/figure>\n\n\n\n

    The May private payrolls report released this Wednesday is the latest indication of a loosening labor market, potentially prompting the Fed to consider rate cuts this year. Additionally, a report on Tuesday revealed that job openings in April fell to their lowest level in over three years. Jack Janasiewicz, a portfolio manager at Natixis Investment Managers Solutions in Boston said<\/a>:<\/p>\n\n\n\n

    \"We're seeing the economic data starting to ease up a little bit and the repercussions for that is that you're seeing the pressure on rates come off the boil a little bit mixed in with the potential for weaker economic data, which is a pretty good recipe for the bond market.\"<\/em><\/p>\n\n\n\n

    According to the CME's FedWatch tool, market participants now estimate a nearly 69% probability of a rate cut in September, up from around 50% just last week. However, it is important to say that investors are now looking forward to the nonfarm payrolls report, scheduled for release on Friday, to gain a comprehensive understanding of the labor market and the interest rate path.<\/p>\n\n\n\n

    See Related: <\/em><\/strong>Have Goldman Sachs Analysts Become Overly Optimistic By Revising Their Year-End S&P 500 Index Target Upwards<\/a><\/p>\n\n\n\n

    Monthly Non-Farm Payroll Data<\/h2>\n\n\n\n

    The monthly non-farm payroll data in the U.S. is a critical economic indicator that provides insights into the employment situation but also reflects economic growth, consumer spending potential, and business confidence, making it a closely watched report by investors, policymakers, and economists.<\/p>\n\n\n\n

    The upcoming monthly non-farm payrolls data is expected to reveal a slowdown in job additions for May and according to economic analysts, many companies could face liquidity problems in the upcoming months. The current high interest rates encourage saving over spending and increase the cost of debt which could be particularly challenging for companies with substantial credit or variable interest rate loans.<\/p>\n\n\n\n

    Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity. This situation could adversely affect stock prices and make fixed-income investments, such as bonds, more appealing than stocks.<\/p>\n","post_title":"The S&P 500 And Nasdaq Indexes Reached Record Highs This Wednesday. Could A Pullback Be Imminent?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-sp-500-and-nasdaq-indexes-reached-record-highs-this-wednesday-could-a-pullback-be-imminent","to_ping":"","pinged":"","post_modified":"2024-06-10 19:27:59","post_modified_gmt":"2024-06-10 09:27:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17270","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17144,"post_author":"14","post_date":"2024-06-02 22:13:10","post_date_gmt":"2024-06-02 12:13:10","post_content":"\n

    The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever as AI leader Nvidia hit a record high which lifted investor sentiment and contributed to the rally. This milestone underscored the ongoing strength in the technology sector and the impact of major players like Nvidia on market movements. Michael James, managing director of equity trading at Wedbush Securities in Los Angeles said<\/a>:<\/p>\n\n\n\n

    \"In terms of today\u2019s price action, it\u2019s all about technology and the winners continue to be the winners, specifically Nvidia. Today's tape is a function of positive stories having some stock-specific impact, but overall, as you can see from the Dow being down around 200 points, it\u2019s a generally sloppy overall market session.\"<\/em><\/p>\n\n\n\n

    \"\"
    The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever<\/em><\/figcaption><\/figure>\n\n\n\n

    Nvidia Fiscal First-Quarter Report <\/h2>\n\n\n\n

    Nvidia reported fiscal first-quarter results that exceeded Wall Street's estimates, driven by soaring demand for generative artificial intelligence. This surge led to record data center revenue, highlighting the company's pivotal role in the AI market and its strong financial performance. It is also important to mention that Nvidia's continued innovation and release of advanced GPU products attracted more customers and their cutting-edge technology offered superior performance, making them the preferred choice for various industries.<\/p>\n\n\n\n

    See Related: <\/em><\/strong>The first-quarter U.S. Earnings Season Showed Further improvements. What To Expect From The Upcoming Days?<\/a><\/p>\n\n\n\n

    Market attention now turns to the U.S. core Personal Consumption Expenditures Price Index report for April, set to be released later in the week. The Fed's preferred inflation measure is anticipated to remain stable on a monthly basis but investors will be looking to see if those results will reinforce the changing opinion from the Fed policymakers that there will be no rate cuts in 2024.<\/p>\n\n\n\n

    Minneapolis Fed President Neel Kashkari stated in an interview with CNBC that the U.S. central bank should hold off on cutting interest rates this year. He also mentioned that the bank might consider raising rates if inflation does not continue to decrease. This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices.<\/p>\n","post_title":"Nasdaq Exceeded 17,000 Driven By A Boost From Nvidia. What To Expect In The Upcoming Days?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nasdaq-exceeded-17000-driven-by-a-boost-from-nvidia-what-to-expect-in-the-upcoming-days","to_ping":"","pinged":"","post_modified":"2024-06-02 22:13:14","post_modified_gmt":"2024-06-02 12:13:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

    Most Read

    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

    Twitter Instagram Youtube LinkedIn Facebook RSS
    ADVERTISEMENT
    \n
      \n
    • Palantir Technologies and Axon Enterprise are also joining the stock market index.<\/li>\n\n\n\n
    • The Index welcomed the addition as part of its recognition of Bitcoin's growing influence in the corporate world.<\/li>\n<\/ul>\n\n\n\n

      Nasdaq-100 Index, which tracks the 100 largest non-financial companies on the Nasdaq Stock Market, will list Bitcoin-advocate MicroStrategy this month.  Other firms joining it are Palantir Technologies and Axon Enterprise, which are replacing Illumina, Moderna, and Super Micro Computer in a reshuffle recently announced by the platform.<\/p>\n\n\n\n

      MicroStrategy's inclusion in the Nasdaq-100 marks a significant step for the company, known for its aggressive Bitcoin investments. Led by Michael Saylor, MicroStrategy transitioned from a software firm to a major Bitcoin proponent in 2020, turning its stock into a proxy for cryptocurrency performance.<\/p>\n\n\n\n

      According to a statement<\/a> by Nasdaq, this addition also underscores alignment with Nasdaq's acknowledgment of Bitcoin's growing influence in the corporate world.<\/p>\n\n\n\n

      The company's entry into Nasdaq-100 also involves the inclusion in the Invesco QQQ Trust (QQQ), a popular exchange-traded fund (ETF) managing over $322 billion in assets. Investors following the QQQ portfolio will now gain indirect exposure to MicroStrategy, the stock market index mentioned.<\/p>\n\n\n\n

      See Related: <\/em><\/strong>The S&amp;P 500 And Nasdaq Indexes Closed At Record Highs This Tuesday.\u00a0 What To Expect In The Upcoming Days?<\/a><\/p>\n\n\n\n

      Other Firms Joining Nasdaq-100<\/strong><\/p>\n\n\n\n

      Palantir Technologies, a firm focussing on big data analytics, and Axon Enterprise, known for its body cameras and law enforcement technology, also joined the Nasdaq-100.<\/p>\n\n\n\n

      Palantir's focus on AI and data integration has reportedly positioned it as a critical partner for governments and enterprises navigating complex challenges. Meanwhile, Axon's advancements in public safety technology, including its work with AI, have bolstered its market value and relevance.<\/p>\n\n\n\n

      Meanwhile, Nasdaq-100 bid farewell to Illumina, Moderna, and Super Micro Computer. Illumina's exit reportedly followed regulatory challenges and a slowdown in demand for its services. Moderna, a household name during the pandemic, reportedly faces shrinking revenues as COVID-19 vaccine demand wanes. Super Micro Computer, known for its computing hardware, also exits despite strong revenue growth.<\/p>\n\n\n\n

      In August, the Securities and Exchange Commission approved the launch of the first leveraged single-stock ETF based on MicroStrategy. Leveraged ETFs are designed to amplify performance. The securities regulator started approving leveraged single-stock ETFs after years of rejecting similar proposals.<\/p>\n","post_title":"MicroStrategy Joins Nasdaq-100 As Institutional Bitcoin Adoption Grows","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microstrategy-joins-nasdaq-100-as-institutional-bitcoin-adoption-grows","to_ping":"","pinged":"","post_modified":"2024-12-19 05:04:08","post_modified_gmt":"2024-12-18 18:04:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19887","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17874,"post_author":"14","post_date":"2024-07-24 13:40:56","post_date_gmt":"2024-07-24 03:40:56","post_content":"\n

      The S&P 500 and the Nasdaq are struggling this Wednesday, driven down by declines in major chip and tech stocks while analysts point to potential stricter U.S. trade restrictions on China as a significant factor behind this downturn.<\/p>\n\n\n\n

      According to a Bloomberg report, the Biden administration has warned its allies that it might impose the toughest trade restrictions on China if companies like Tokyo Electron and ASML Holding NV keep providing advanced semiconductor technology to the country.<\/p>\n\n\n\n

      \"\"
      Nasdaq has weakened more than 2% this Wednesday<\/em><\/figcaption><\/figure>\n\n\n\n

      However, David Rosernberg, founder and president of Rosenberg Research, believes Wall Street's losses on Wednesday are unlikely to last. Growing speculation about a Federal Reserve rate cut in September, along with rising expectations of former President Donald Trump's return to the White House after the attempt on his life, has given stocks a significant boost in recent sessions.<\/p>\n\n\n\n

      See Related: <\/em><\/strong>The S&amp; P 500 And Nasdaq Indexes Closed At Record Highs This Tuesday.\u00a0 What To Expect In The Upcoming Days?<\/a><\/p>\n\n\n\n

      Investors And BofA Global Research <\/h2>\n\n\n\n

      A recent BofA global research survey also showed that world investors remain bullish, with sentiment fueled by Federal Reserve rate cuts expected this year and into 2025. Inflation projections continued to stabilize in July, with 62% of investors now expecting lower CPI over the next 12 months, up from 57% in June and 56% in May.<\/p>\n\n\n\n

      As U.S. election concerns gained prominence, fund managers were asked which policy areas they believe will be most affected by the November election. Of those polled this month, \u201ctrade policy is viewed as the most likely area to be impacted by the US election per 48% of FMC investors, followed by immigration (15%), and geopolitics,\u201d BofA Global Research said.<\/p>\n\n\n\n

      At the same time rising geopolitical angst, especially in the U.S., put a damper on global growth expectations. It is important to mention that  27% of portfolio managers expect weaker economic growth in the coming year. This compared to 6% in June and 9% in May and was in sharp contrast to April, where a net 11% of managers looked for stronger world growth.<\/p>\n\n\n\n

      Some economic analysts believe the U.S. economy is already starting to see signs of a slowdown and according to them, many companies could face liquidity problems in the upcoming months. High rates encourage saving over spending and make the debt more costly, and companies that have a bigger credit or other loans with variable interest rates could be in a difficult situation. Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity and job creation.<\/p>\n","post_title":"Major Chip And Tech Stocks Drive Down S&P 500 And Nasdaq","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"major-chip-and-tech-stocks-drive-down-sp-500-and-nasdaq","to_ping":"","pinged":"","post_modified":"2024-07-24 13:41:01","post_modified_gmt":"2024-07-24 03:41:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17874","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17270,"post_author":"14","post_date":"2024-06-10 19:27:55","post_date_gmt":"2024-06-10 09:27:55","post_content":"\n

      The S&P 500 and Nasdaq indexes reached record highs this Wednesday supported mainly by technology stocks as markets digested economic data that could support a much-expected start to the Federal Reserve's policy easing cycle.<\/p>\n\n\n\n

      \"\"
      The tech-heavy index Nasdaq reached record highs this Wednesday<\/em><\/figcaption><\/figure>\n\n\n\n

      The May private payrolls report released this Wednesday is the latest indication of a loosening labor market, potentially prompting the Fed to consider rate cuts this year. Additionally, a report on Tuesday revealed that job openings in April fell to their lowest level in over three years. Jack Janasiewicz, a portfolio manager at Natixis Investment Managers Solutions in Boston said<\/a>:<\/p>\n\n\n\n

      \"We're seeing the economic data starting to ease up a little bit and the repercussions for that is that you're seeing the pressure on rates come off the boil a little bit mixed in with the potential for weaker economic data, which is a pretty good recipe for the bond market.\"<\/em><\/p>\n\n\n\n

      According to the CME's FedWatch tool, market participants now estimate a nearly 69% probability of a rate cut in September, up from around 50% just last week. However, it is important to say that investors are now looking forward to the nonfarm payrolls report, scheduled for release on Friday, to gain a comprehensive understanding of the labor market and the interest rate path.<\/p>\n\n\n\n

      See Related: <\/em><\/strong>Have Goldman Sachs Analysts Become Overly Optimistic By Revising Their Year-End S&P 500 Index Target Upwards<\/a><\/p>\n\n\n\n

      Monthly Non-Farm Payroll Data<\/h2>\n\n\n\n

      The monthly non-farm payroll data in the U.S. is a critical economic indicator that provides insights into the employment situation but also reflects economic growth, consumer spending potential, and business confidence, making it a closely watched report by investors, policymakers, and economists.<\/p>\n\n\n\n

      The upcoming monthly non-farm payrolls data is expected to reveal a slowdown in job additions for May and according to economic analysts, many companies could face liquidity problems in the upcoming months. The current high interest rates encourage saving over spending and increase the cost of debt which could be particularly challenging for companies with substantial credit or variable interest rate loans.<\/p>\n\n\n\n

      Higher borrowing costs can hurt corporate profits and discourage businesses from borrowing to invest in new projects, which can hurt economic activity. This situation could adversely affect stock prices and make fixed-income investments, such as bonds, more appealing than stocks.<\/p>\n","post_title":"The S&P 500 And Nasdaq Indexes Reached Record Highs This Wednesday. Could A Pullback Be Imminent?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-sp-500-and-nasdaq-indexes-reached-record-highs-this-wednesday-could-a-pullback-be-imminent","to_ping":"","pinged":"","post_modified":"2024-06-10 19:27:59","post_modified_gmt":"2024-06-10 09:27:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17270","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17144,"post_author":"14","post_date":"2024-06-02 22:13:10","post_date_gmt":"2024-06-02 12:13:10","post_content":"\n

      The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever as AI leader Nvidia hit a record high which lifted investor sentiment and contributed to the rally. This milestone underscored the ongoing strength in the technology sector and the impact of major players like Nvidia on market movements. Michael James, managing director of equity trading at Wedbush Securities in Los Angeles said<\/a>:<\/p>\n\n\n\n

      \"In terms of today\u2019s price action, it\u2019s all about technology and the winners continue to be the winners, specifically Nvidia. Today's tape is a function of positive stories having some stock-specific impact, but overall, as you can see from the Dow being down around 200 points, it\u2019s a generally sloppy overall market session.\"<\/em><\/p>\n\n\n\n

      \"\"
      The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever<\/em><\/figcaption><\/figure>\n\n\n\n

      Nvidia Fiscal First-Quarter Report <\/h2>\n\n\n\n

      Nvidia reported fiscal first-quarter results that exceeded Wall Street's estimates, driven by soaring demand for generative artificial intelligence. This surge led to record data center revenue, highlighting the company's pivotal role in the AI market and its strong financial performance. It is also important to mention that Nvidia's continued innovation and release of advanced GPU products attracted more customers and their cutting-edge technology offered superior performance, making them the preferred choice for various industries.<\/p>\n\n\n\n

      See Related: <\/em><\/strong>The first-quarter U.S. Earnings Season Showed Further improvements. What To Expect From The Upcoming Days?<\/a><\/p>\n\n\n\n

      Market attention now turns to the U.S. core Personal Consumption Expenditures Price Index report for April, set to be released later in the week. The Fed's preferred inflation measure is anticipated to remain stable on a monthly basis but investors will be looking to see if those results will reinforce the changing opinion from the Fed policymakers that there will be no rate cuts in 2024.<\/p>\n\n\n\n

      Minneapolis Fed President Neel Kashkari stated in an interview with CNBC that the U.S. central bank should hold off on cutting interest rates this year. He also mentioned that the bank might consider raising rates if inflation does not continue to decrease. This situation could negatively affect stock prices, and it is also important to mention that high interest rates make fixed-income investments, such as bonds, more attractive compared to stocks. As a result, investors may shift their money away from stocks, leading to a decrease in stock prices.<\/p>\n","post_title":"Nasdaq Exceeded 17,000 Driven By A Boost From Nvidia. What To Expect In The Upcoming Days?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nasdaq-exceeded-17000-driven-by-a-boost-from-nvidia-what-to-expect-in-the-upcoming-days","to_ping":"","pinged":"","post_modified":"2024-06-02 22:13:14","post_modified_gmt":"2024-06-02 12:13:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17144","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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