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Sat, Nov 23rd, 2024

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Stocks Rally on the Prospects of Trump’s Business-Friendly Policies

Barchart - Fri Nov 22, 3:44PM CST

The S&P 500 Index ($SPX) (SPY) Friday closed up +0.35%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.97%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.17%.

Stocks on Friday settled moderately higher, with the S&P 500 posting a 1-week high and the Dow Jones Industrials posting a 1-1/2 week high. Stocks continue to garner support on the prospects that the incoming Trump administration’s looser regulations and a business-friendly stance will be favorable for corporate earnings.

Positive corporate news on Friday also boosted stocks. Super Micro Computer closed up more than +11% to lead gainers in the S&P 500 and Nasdaq 100 after it said it believes it can file its delayed 10-K and 10-Q reports in the period available under Nasdaq rules. Also, Copart closed up more than +10% after reporting stronger-than-expected Q1 revenue. However, the weakness in Nvidia and Alphabet weighed on technology stocks and limited gains in the Nasdaq 100 Stock Index.

Most Recent Stories

Globus Medical, Inc. Announces Commercial Launch of ExcelsiusHub™ Navigation System for Spine Surgery

Quiver Quantitative, Inc. - 4 minutes ago

Globus Medical launches ExcelsiusHub™ navigation system, enhancing spinal surgery with improved accuracy and reduced radiation exposure.Quiver AI SummaryGlobus Medical, Inc. has announced the commercial...

Weatherford International plc to Host Conference Call Discussing Fourth Quarter and Full Year 2024 Results

Quiver Quantitative, Inc. - 4 minutes ago

Weatherford International will host a conference call on February 6, 2025, to discuss Q4 and 2024 results.Quiver AI SummaryWeatherford International plc will host a conference call on February 6, 2025,...

Stran & Company, Inc. Notified of Nasdaq Compliance Issue Due to Late Filing of Quarterly Report

Quiver Quantitative, Inc. - 4 minutes ago

Stran & Company, Inc. received Nasdaq notification for late filing its Quarterly Report, aiming to regain compliance.Quiver AI SummaryStran & Company, Inc. has announced that it received a notification...

Silexion Therapeutics Corp. Announces 1-for-9 Reverse Share Split to Enhance Nasdaq Compliance and Support Future Growth

Quiver Quantitative, Inc. - 4 minutes ago

Silexion Therapeutics announced a 1-for-9 reverse share split to maintain Nasdaq compliance and support future growth initiatives.Quiver AI SummarySilexion Therapeutics Corp. has announced a 1-for-9 reverse...

Trident Digital Tech Holdings Ltd Reports Financial Results for First Half of 2024 Amid Ongoing Business Transformation

Quiver Quantitative, Inc. - 4 minutes ago

Trident Digital Tech Holdings Ltd reports decreased revenues and increased net loss for first half of 2024 amidst ongoing business transformation efforts.Quiver AI SummaryTrident Digital Tech Holdings...

Insider Sale: Director at $DFH (DFH) Sells 42,797 Shares

Quiver Quantitative, Inc. - 4 minutes ago

William Radford II Lovett, a director at $DFH ($DFH), sold 42,797 shares of the company on 11-21-2024. We received data on the trade from a recent SEC filing. This was a sale of approximately 0.9% of their...

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S&P 500 on track to post 20%+ gains in back-to-back years for only the 5th time in the last 150 years https://t.co/h9seQCbEy4

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Super Micro Computer $SMCI soared more than 78% this week, its largest weekly gain in history 🚨🚨🚨 https://t.co/rR6Wnb79Lf

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Tesla $TSLA jumps to highest price since April 2022 📈🚨 https://t.co/adnwRJMNpG

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BREAKING 🚨: Europe Euro plunging to its lowest level since December 2022! Who's booking a trip? 🙋‍♂️ https://t.co/9O5aVhGjly https://t.co/xDiauTpisH

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