Markets
News
Analysis
User
24/7
Economic Calendar
Education
Data
- Names
- Latest
- Prev
A:--
F: --
P: --
A:--
F: --
A:--
F: --
P: --
A:--
F: --
A:--
F: --
P: --
A:--
F: --
A:--
F: --
A:--
F: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
No matching data
Latest Views
Latest Views
Trending Topics
To quickly learn market dynamics and follow market focuses in 15 min.
In the world of mankind, there will not be a statement without any position, nor a remark without any purpose.
Inflation, exchange rates, and the economy shape the policy decisions of central banks; the attitudes and words of central bank officials also influence the actions of market traders.
Money makes the world go round and currency is a permanent commodity. The forex market is full of surprises and expectations.
Top Columnists
Enjoy exciting activities, right here at FastBull.
The latest breaking news and the global financial events.
I have 5 years of experience in financial analysis, especially in aspects of macro developments and medium and long-term trend judgment. My focus is maily on the developments of the Middle East, emerging markets, coal, wheat and other agricultural products.
BeingTrader chief Trading Coach & Speaker, 8+ years of experience in the forex market trading mainly XAUUSD, EUR/USD, GBP/USD, USD/JPY, and Crude Oil. A confident trader and analyst who aims to explore various opportunities and guide investors in the market. As an analyst I am looking to enhance the trader’s experience by supporting them with sufficient data and signals.
Latest Update
Risk Warning on Trading HK Stocks
Despite Hong Kong's robust legal and regulatory framework, its stock market still faces unique risks and challenges, such as currency fluctuations due to the Hong Kong dollar's peg to the US dollar and the impact of mainland China's policy changes and economic conditions on Hong Kong stocks.
HK Stock Trading Fees and Taxation
Trading costs in the Hong Kong stock market include transaction fees, stamp duty, settlement charges, and currency conversion fees for foreign investors. Additionally, taxes may apply based on local regulations.
HK Non-Essential Consumer Goods Industry
The Hong Kong stock market encompasses non-essential consumption sectors like automotive, education, tourism, catering, and apparel. Of the 643 listed companies, 35% are mainland Chinese, making up 65% of the total market capitalization. Thus, it's heavily influenced by the Chinese economy.
HK Real Estate Industry
In recent years, the real estate and construction sector's share in the Hong Kong stock index has notably decreased. Nevertheless, as of 2022, it retains around 10% market share, covering real estate development, construction engineering, investment, and property management.
Hongkong, China
Ho Chi Minh, Vietnam
Dubai, UAE
Lagos, Nigeria
Cairo, Egypt
White Label
Data API
Web Plug-ins
Affiliate Program
View All
No data
Not Logged In
Log in to access more features
FastBull Membership
Not yet
Purchase
Log In
Sign Up
Hongkong, China
Ho Chi Minh, Vietnam
Dubai, UAE
Lagos, Nigeria
Cairo, Egypt
White Label
Data API
Web Plug-ins
Affiliate Program
U.S. stocks could get off to a positive start on Monday after the averages registered their best week this year following the reelection of Donald Trump.
After witnessing heightened volatility in the run-up to the high-voltage 2024 presidential elections, and the Federal Open Market Committee's (FOMC) rate decision, Fed chair Jerome Powell remained cautious in his approach, but delivered the 25 basis point cut that was widely expected by experts and investors.
Futures | Performance (+/-) |
Nasdaq 100 | 0.34% |
S&P 500 | 0.29% |
Dow Jones | 0.28% |
R2K | 1.32% |
In premarket trading on Monday, the SPDR S&P 500 ETF Trust was up 0.28% to $599.84 and the Invesco QQQ ETF fell 0.28% to $515.57, according to Benzinga Pro data.
Cues From Last Week:
Dow Jones and S&P 500 registered their best week of the year after the election of Trump as the 47th U.S. president.
The S&P 500 surged 4.66% last week, while the Dow gained 4.61% during that period, with both indices recording their best week since Nov. 2023. The Nasdaq, meanwhile, jumped 5.74% during the week.
Most sectors on the S&P 500 closed on a positive note, with consumer staples, utilities, and real estate stocks recording the biggest gains on Friday.
However, materials and communication services stocks bucked the overall market trend, closing the session lower.
Index | Week’s Performance (+/-) | Value |
Nasdaq Composite | 5.74% | 19,286.78 |
S&P 500 | 4.66% | 5,995.54 |
Dow Jones | 4.61% | 43,988.99 |
Russell 2000 | 8.47% | 2,399.64 |
Insights From Analysts:
Ari Wald, head of technical analysis at Oppenheimer & Co., noted that the current rally in U.S. equity markets is based on multiple factors and not just the post-election rush due to Trump's victory.
“There's market strength and there's meaningful market strength. We see last week's post-election breakout as meaningful market strength based on wide-ranging bullish action."
Ryan Detrick, CMT@RyanDetrickNov 09, 2024I am old enough to remember when @AriWald said all of 2022 that the SPX would fall to 3,500 (200-week MA and 50% retracement) and bottom in October. He has been a 🐂 ever since and last week's strength did little to change that. https://t.co/WphKL7Q3vI
Moving past the election, investors will be looking forward to crucial economic data such as the October Consumer Price Index, or CPI. Economists expect a moderate uptick in CPI inflation to 2.6% in October, as compared to 2.4% in September.
The core inflation is expected to remain unchanged at 3.3%.
"The October CPI report will likely support the notion that the last mile of inflation’s journey back to target will be the hardest,” said economists at Wells Fargo, led by Jay Bryson.
Investors will also keep an eye out for crucial retail sales data ahead of the beginning of the holiday season.
Nathan Peterson, Director of Derivatives Analysis at the Schwab Center for Financial Research, laid out the thesis for market movements for the next week.
"If history is any guide, it shouldn’t be a surprise if we get some “back and fill” price action (consolidation of gains) from this week’s surge in stocks, but the timing is difficult if not impossible to predict," Peterson said.
"Today’s price action suggests to me that the post-election upside momentum is still in play, which bodes well for stocks, at least for the first half of next week."
Overall, Peterson maintains a cautious stance, saying markets could witness bullish momentum to kick off the week, but bearish sentiments could take over during the second half.
See Also: How To Trade Futures
Upcoming Economic Data
Monday's economic calendar is light, but crucial economic data is scheduled for the rest of the week.
Stocks In Focus:
Commodities, Bonds And Global Equity Markets:
Crude oil futures experienced sideways movement in the early New York session, falling by 1.28%.
The 10-year Treasury note yield eased marginally to 4.306%.
Major Asian markets ended mixed on Monday.
Bitcoin hit the $81000 mark first time in history as cryptocurrencies rally after Trump’s win last week.
Read Next:
Photo courtesy: Wikimedia
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Shares of Revelation Biosciences, Inc. rose sharply in today's pre-market trading after the company reported better-than-expected third-quarter EPS results.
Revelation Biosciences a reported quarterly loss of 84 cents per share compared to market estimates of a loss of $2.84 per share.
Revelation Biosciences shares surged 48.8% to $1.22 in the pre-market trading session.
Here are some other stocks moving in pre-market trading.
Gainers
Losers
Now Read This:
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
The CNN Money Fear and Greed index showed further improvement in the overall market sentiment, while the index remained in the “Neutral” zone on Friday.
U.S. stocks settled higher on Friday, with the Dow Jones and S&P 500 recording their best week in the year following the election of Donald Trump as the 47th U.S. president.
The S&P 500 surged 4.66% last week, while the Dow gained 4.61% during that period, with both indices recording their best week since Nov. 2023. The Nasdaq, meanwhile, jumped 5.74% during the week.
On the economic data front, the University of Michigan consumer sentiment rose to 73 in November, recording the highest reading in seven months, versus a reading of 70.5 in October and also topping market estimates of 71.
Tesla, Inc. shares jumped 8.2% on Friday, extending gains following the U.S. presidential election. Shares of Applied Optoelectronics, Inc. surged 55% after the company reported better-than-expected third-quarter revenue results.
Most sectors on the S&P 500 closed on a positive note, with consumer staples, utilities, and real estate stocks recording the biggest gains on Friday. However, materials and communication services stocks bucked the overall market trend, closing the session lower.
The Dow Jones closed higher by around 260 points to 43,988.99 on Friday. The S&P 500 gained 0.38% to 5,995.54, while the Nasdaq Composite jumped 0.09% to close at 19,286.78 during Friday's session.
Investors are awaiting earnings results from Aramark , Live Nation Entertainment, Inc. NYSE: LYV), and monday.com Ltd. today.
What is CNN Business Fear & Greed Index?
At a current reading of 60.5, the index remained in the “Neutral” zone on Friday, versus a prior reading of 58.6.
The Fear & Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
Read Next:
Photo courtesy: Shutterstock
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
With U.S. stock futures trading higher this morning on Monday, some of the stocks that may grab investor focus today are as follows:
Check out our premarket coverage here
Check This Out:
Photo courtesy: Aramark
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
White Label
Data API
Web Plug-ins
Poster Maker
Affiliate Program
The risk of loss in trading financial instruments such as stocks, FX, commodities, futures, bonds, ETFs and crypto can be substantial. You may sustain a total loss of the funds that you deposit with your broker. Therefore, you should carefully consider whether such trading is suitable for you in light of your circumstances and financial resources.
No decision to invest should be made without thoroughly conducting due diligence by yourself or consulting with your financial advisors. Our web content might not suit you since we don't know your financial conditions and investment needs. Our financial information might have latency or contain inaccuracy, so you should be fully responsible for any of your trading and investment decisions. The company will not be responsible for your capital loss.
Without getting permission from the website, you are not allowed to copy the website's graphics, texts, or trademarks. Intellectual property rights in the content or data incorporated into this website belong to its providers and exchange merchants.