Market Coverage: Tuesday November 23 Yahoo Finance | efinance news

Market Coverage: Tuesday November 23 Yahoo Finance


นอกจากการดูบทความนี้แล้ว คุณยังสามารถดูข้อมูลที่เป็นประโยชน์อื่นๆ อีกมากมายที่เราให้ไว้ที่นี่: ดูเพิ่มเติม

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Stocks were mostly lower Tuesday with technology stocks under further pressure, as investors further mulled the market implications of Federal Reserve Jerome Powell’s renomination to lead the central bank.
The S\u0026P 500 ticked down. A day earlier, the bluechip index had set an alltime intraday high before pulling back to end in the red, with a drop in technology stocks weighing.
U.S. West Texas intermediate crude oil futures (CL=F) recovered losses and rose after dropping more than 1% earlier in the morning. The move came after the White House announced it would be releasing a total of 50 million barrels of oil from the Strategic Petroleum Reserve (SPR), in tandem with similar moves from China, Japan, India and South Korea and the U.K., to try and ease rising energy prices with additional supply.
Shares of Zoom Video Communication (ZM) slid even after the company posted betterthanexpected quarterly revenue growth and fullyear guidance, with usage of the video conferencing company’s software slowing amid the reopening. Companies including Nordstrom (JWN), The Gap (GPS) and Autodesk (ADSK) are set to report quarterly results on Tuesday.
Federal Reserve Chair Jerome Powell’s renomination to the top leadership position at the central bank captured market attention this week, with many investors reacting favorably to the likelihood that the Fed’s previously telegraphed monetary policy framework would remain in place with Powell’s reappointment. That includes expectations for current assetpurchase tapering to take place through the middle of next year, and for at least one interest rate hike to take place before the end of 2022.
“Continuity at a time of such extraordinary uncertainty is certainly welcome news. We have extraordinary uncertainty because we’re pivoting from the phase of the cycle where the Fed had been shoring up the recovery from the pandemicinduced recession, and … it did avoid a meltdown in financial markets,” Diane Swonk, Grant Thornton chief economist, told Yahoo Finance Live. “But now we’ve got very easy financial market conditions and we’re dealing with inflation. And having to pivot to dealing with inflation and tamp it down without derailing the recovery — that’s a very hard thing to pull off. We’ve not seen the Fed actually chase inflation down since the early 1980s.”
For more on this article, please visit:
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Market Coverage: Tuesday November 23 Yahoo Finance

Australians to spend $1m a minute from Black Friday sales, NAB specialist estimates | Finance Report


National Australia Bank estimates that Australians over $5.5 billion over four days from Black Friday to Cyber Monday.
Alan Kohler on why Aussies go crazy over Black Friday sales.
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Australians to spend $1m a minute from Black Friday sales, NAB specialist estimates | Finance Report

Market selloff is ‘a reaction to the uncertainty,’ strategist explains


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BNP Paribas Asset Management’s Daniel Morris joins Yahoo Finance’s Karina Mitchell and Akiko Fujita to discuss the Dow dropping over 1,000 points on the uncertainty around the newly discovered COVID19 variant.
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Market selloff is ‘a reaction to the uncertainty,' strategist explains

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Black Friday: ‘You’re not seeing the very, very deep discounts,’ Mastercard advisor explains


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Mastercard Sr. Advisor \u0026 Saks Chairman Steve Sadove joins Yahoo Finance’s Karina Mitchell to discuss Black Friday sales.
Don’t Miss: Valley of Hype: The Culture That Built Elizabeth Holmes
WATCH HERE:
https://youtu.be/Sb179GLPNYE
Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on YouTube:
https://youtu.be/gxOzwHpM9k
Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb
About Yahoo Finance:
At Yahoo Finance, you get free stock quotes, uptodate news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more.
To learn more about Yahoo Finance Plus please visit: https://yhoo.it/33jXYBp
Connect with Yahoo Finance:
Get the latest news: https://yhoo.it/2fGu5Bb
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Follow Yahoo Finance Premium on Twitter: https://bit.ly/3hhcnmV

Black Friday: 'You’re not seeing the very, very deep discounts,' Mastercard advisor explains

นอกจากการดูหัวข้อนี้แล้ว คุณยังสามารถเข้าถึงบทวิจารณ์ดีๆ อื่นๆ อีกมากมายได้ที่นี่: ดูบทความเพิ่มเติมในหมวดหมู่Investement

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