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Stock Market Overview

Wed, Apr 24th, 2024
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Stocks Finish Higher as Q1 Earnings Impress


The S&P 500 Index ($SPX) (SPY) Tuesday closed up +1.20%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.69%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +1.51%. 

US stock indexes closed moderately higher on Tuesday, with the Dow Jones Industrials climbing to a 1-1/2 week high. Better-than-expected Q1 earnings results supported stocks Tuesday.  Stock indexes extended their gains after a weaker-than-expected US Apr S&P manufacturing PMI report knocked bond yields lower. 

Globe Life closed up more than +14% after raising its full-year operating EPS estimate.  Also, General Electric closed up more than +8% after raising its GE Aerospace full-year operating profit estimate.  In addition, Danaher closed up more than +7% after reporting better-than-expected Q1 sales.

On the negative side, LKQ Corp closed down more than -14% after reporting Q1 revenue below consensus. Also, MSCI Inc. closed down more than -13% after reporting weaker-than-expected Q1 operat... Read more

Stock market today: Asian shares track Wall Streets rally, led by a 2.4% jump in Tokyo

Asian shares have tracked Wall Street's rally, led by a 2.4% advance for Tokyo's benchmark Nikkei 225 index

GE : 162.62 (+8.28%)
RNECY : 7.5600 (+0.53%)
$SPX : 5,070.55 (+1.20%)
$DOWI : 38,503.69 (+0.69%)
$IUXX : 17,471.47 (+1.51%)
Stock market today: Tokyo's Nikkei leads Asian gains following Wall Street rally

Asian shares have opened higher, led by an over 2% gain in Japan’s Nikkei 225 after U.S. stocks rallied for a second straight day Tuesday, blunting the blow of what’s been a rough April

PEP : 171.22 (-2.97%)
$SPX : 5,070.55 (+1.20%)
$DOWI : 38,503.69 (+0.69%)
$IUXX : 17,471.47 (+1.51%)
GM : 45.10 (+4.37%)
KMB : 136.04 (+5.51%)
GE : 162.62 (+8.28%)
Tesla 1Q profit falls 55%, but stock jumps as company moves to speed production of cheaper vehicles

Tesla’s first-quarter net income plummeted 55%, but its stock price surged in after-hours trading Tuesday as the company said it would accelerate production of new, more affordable vehicles

BAC : 38.37 (+1.70%)
MORN : 300.41 (-0.86%)
$SPX : 5,070.55 (+1.20%)
$DOWI : 38,503.69 (+0.69%)
$IUXX : 17,471.47 (+1.51%)
Should You Buy This Beaten-Down AI Stock for Its 4% Dividend Yield?

Sales of AI-enabled gadgets are expected to drive hardware sales over the next few years. PC maker HP looks like an AI play worth buying for its nearly 4% dividend yield and tepid valuations.

NVDA : 824.23 (+3.65%)
MSFT : 407.57 (+1.65%)
AMZN : 179.54 (+1.30%)
META : 496.10 (+2.98%)
GOOG : 159.92 (+1.25%)
$SPX : 5,070.55 (+1.20%)
HPQ : 27.67 (-0.11%)
BRK.B : 408.74 (-0.01%)
AAPL : 166.90 (+0.64%)
Cyberattacks are on the rise, and that includes small businesses. Here's what to know

Cyberattacks on businesses are rising, including small businesses

$SPX : 5,070.55 (+1.20%)
$DOWI : 38,503.69 (+0.69%)
$IUXX : 17,471.47 (+1.51%)
VZ : 39.70 (+2.85%)
GoFundMe expands into Mexico as part of for-profit crowdfunding platform's international growth

GoFundMe is expanding into Mexico, the company announced Tuesday

$SPX : 5,070.55 (+1.20%)
$DOWI : 38,503.69 (+0.69%)
$IUXX : 17,471.47 (+1.51%)

52 Week New Highs & Lows

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Today's New Highs & Lows

HIGHS LOWS DIFF
5-Day 2,501 577 1,924
1-Month 352 357 -5
3-Month 175 195 -20
6-Month 134 115 19
52-Week 90 96 -6
YTD 151 180 -29

Top Performing Sectors

(Ranked by 5-Day Change)

Top 100 Stocks

(Sorted by Daily Weighted Alpha)

Market Momentum

NYSE AMEX NASDAQ
Issues Up 1,541 134 2,185
Issues Down 370 78 875
Issues Unch 32 8 94

S&P Sectors Market Map

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$META on its way to today's earnings announcement https://t.co/szHW8k5cqY
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The U.S. is headed for a financial crisis because of soaring national debt warns billionaire investor Leon Cooperman https://t.co/fwh3w9j0Rz
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The pullback in U.S. Stocks isn't over warns Goldman Sachs which notes that CTAs are modeled to sell stocks no matter what 👀 https://t.co/1OMgixwsYZ
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Morgan Stanley's Mike Wilson has finally capitulated!! 🚨🚨 After being wrong about everything over the last 18 months, Wilson has decided to no longer make bold predictions about the S&P 500 $SPX 😂 https://t.co/9PUVLuNYWm https://t.co/jbcZxwuvMp
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Goldman Sachs $GS hits record high closing price https://t.co/IuKQcW1RyQ
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Chinese Corporate Bond Yields fall to lowest level in history https://t.co/YTtHZYv43b
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Options market now implying a 20% chance that the Federal Reserve will raise interest rates within the next 12 months. We've gone from 6 cuts to 4 cuts to 3 cuts to 2 cuts to 0 cuts to a rate hike in half a year 😂 https://t.co/YWbsMAsXsb
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Which of the following assets would you rather own? Bitcoin $BTC Gold Cash
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Gold Trading Volume in China has exploded to 5x the average in 2023 https://t.co/gyneeHDXvK
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Credit Card defaults at Discover Financial spiked to their highest level since the Global Financial Crisis 👀 https://t.co/4O48eRhxCJ https://t.co/7CvyyyVpVU
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