Stock Market Overview
Mon, Dec 23rd, 2024
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Stocks See Support After US Government Shutdown is Averted
Barchart - 29 minutes ago
The S&P 500 Index ($SPX) (SPY) is down -0.14%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.52%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.18%. March E-mini S&P futures (ESH25) are up +0.03%, and March E-mini Nasdaq futures (NQH25) are up +0.44%.
Stocks today are narrowly mixed but are seeing some support as US government shutdown was averted when Congress passed a stop-gap funding bill before last Friday night's deadline, which was quickly signed by President Biden. The stop-gap bill funded the government through mid-March 2025.
However, last Friday's stop-gap bill did not contain the debt ceiling suspension that President-Elect Trump wanted, meaning that Republicans in the first half of 2025 will have to increase, suspend, or abolish the debt ceiling. The debt ceiling will now be reinstated at midnight on January 2, 2025 at the then-current level of debt. The Treasury will be able to use extraordinary measures to stay under the debt ceiling until... Read more
American consumers feeling less confident in December, Conference Board says
AP - 17 minutes ago
American consumers are feeling less confident in December, a business research group says
Stocks See Support After US Government Shutdown is Averted
Barchart - 26 minutes ago
The S&P 500 Index ($SPX ) (SPY ) is down -0.14%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.52%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.18%. March E-mini S&P futures (ESH25...
E-mini S&P and NQ Futures: Navigating Post-Fed Volatility Amid Softer Inflation Data
Blue Line Futures - 28 minutes ago
E-mini S&P and E-mini NQ futures snapped back on Friday after Core PCE, the Federal Reserve’s preferred inflation indicator, was lighter than expected
Stock market today: Honda-Nissan merger talks shake up otherwise quiet morning on Wall Street
AP - 28 minutes ago
Stocks are wavering in morning trading on Wall Street at the start of a holiday-shortened week
Nordstrom to be acquired by Nordstrom family and a Mexican retail group in $6.25 billion deal
AP - 34 minutes ago
Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members and a Mexican retail group in a $6.25 billion deal
The Container Store, buffeted by rough housing market and competition, seeks bankruptcy protection
AP - 1 hour ago
The Container Store has filed for bankruptcy protection, as the storage and organizational goods retailer with roots dating back to 1978 grapples with mounting losses and cash flow shortages
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