Straits Times Index
3,300.04 -3.15 (-0.10%) S&P 500
5,187.70 +6.96 (+0.13%) Dow
38,884.26 +31.99 (+0.08%) Nasdaq
16,332.56 -16.69 (-0.10%) Bitcoin USD
63,127.51 -336.18 (-0.53%) CMC Crypto 200
1,308.29 -56.83 (-4.16%)
XLP Jan 2025 115.000 put
| Previous close | 40.10 |
| Open | N/A |
| Bid | 40.10 |
| Ask | 44.90 |
| Strike | 115.00 |
| Expiry date | 2025-01-17 |
| Day's range | 40.10 - 40.10 |
| Contract range | N/A |
| Volume | |
| Open interest | N/A |
- Yahoo Finance Video
Nvidia earnings, geopolitics could offer needed market 'catalysts'
As company earnings continue to beat Wall Street expectations, US Equities (^GSPC, ^DJI, ^IXIC) are rising from April lows. The market has also begun to price in the Federal Reserve's policy of keeping higher interest rates for longer, but is there more for investors to consider for the next few months? Horizon Investments Chief Investment Officer Scott Ladner and Freedom Capital Markets Chief Global Strategist Jay Woods join Market Domination to provide insight into navigating the market during the current economic environment. Ladner argues that the market needs a new catalyst. In the absence of any large upcoming catalyst, investors may be staring down a more challenging few months: "We could actually have some, some positive catalysts from the geopolitical standpoint. But I don't see anything huge on the horizon, frankly. I mean, I think this is gonna be a bit of a grinder, probably a little bit grinder for the next few months, but grinding up rather than down. " Woods questions how far earnings can carry the market: "Individual earnings, they're not enough to take that next leg higher. Amazon (AMZN) made a new high today. It's on the verge of a major breakout. If you look at it on a weekly chart, it hasn't taken us there. Alphabet (GOOG,GOOGL), did, Microsoft (MSFT) didn't on solid earnings. So we're not seeing that euphoria. We're not seeing that tailwind we want to see. " For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino
- Yahoo Finance Video
How discount stores are carrying the retail sector
While consumer spending has remained relatively strong through inflation, retailers have struggled to stay relevant, with Macy's (M) announcing it will shutter 150 locations. Discount retailers like The TJX Companies (TJX) and Burlington Stores (BURL), however, have held up as consumers seek sales elsewhere under the pressure of inflation. JLL Americas President of Retail Naveen Jaggi joins Yahoo Finance Live to discuss the state of retail and the consumer, as well as the success of brands like Burlington. He discusses Burlington's recent growth and how it relates to the consumer: "Today, they're opening over 60 stores a year and they're taking 50, 60, 70,000 square feet in some places. To me, I'm watching that entire sector and saying where the US consumer is shopping, that's the sector I want to watch because that tells me where we spend our dollars has the most sustainability in the long run and today more than ever, the dollar value sector is grabbing a more lion's share of the US consumer than ever before." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino
- Yahoo Finance Video
Consumer staples names in focus ahead of earnings this week
Several big brands in the consumer staples sector are set to report earnings this week, including Coca-Cola (KO), Kraft Heinz (KHC), and Molson Coors (TAP). Yahoo Finance Retail Reporter Brooke DiPalma highlights analyst comments on the sector and the biggest factors pressuring these companies. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.
