Blog

Market Coverage: Thursday November 18 Yahoo Finance



#bitcoin #Biden #Stockmarket #coronavirus #memestocks #Fed
#YahooFinance #investing #stockmarket #bitcoin #crypto
Get the latest up-to-the-minute continuous stock market coverage and big interviews in the world of finance every Monday–Friday from 9 am to 5pm (ET).

Stocks were mostly higher on Thursday to reverse course after dropping a day earlier, as investors weighed a batch of solid corporate earnings results against lingering inflation concerns.

The S&P 500 rose. As of Wednesday’s close, the index was up by 1.8% for November to date, and hovered less than 0.7% below its all-time intraday high.

Nvidia (NVDA) shares jumped to help lead both the S&P 500 and Nasdaq higher after the semiconductor company posted record quarterly revenues and strong full-year guidance. The report suggested it was effectively navigating a lingering global shortage and meeting elevated demand.

Dow company Cisco (CSCO), however, saw results dented by components shortages, and the computer networking equipment company posted a disappointing current-quarter forecast. And overseas, Alibaba’s (BABA) sharply disappointing quarterly report and slashed guidance for the full year raised alarm bells about the pace of growth in China — the world’s second-largest economy — as company executives highlighted slowing consumption trends. Meanwhile, U.S. retailer Victoria’s Secret (VSCO) saw shares surge after delivering much better-than-expected third-quarter profits and suggesting sales would grow by as much as 3% in the current period.

The broader equity market drop on Wednesday had coincided with a set of new economic data showing a surprise drop in new-home construction last month. Commentary about inflation also mounted and added to investors’ concerns over elevated price pressures. Target (TGT) executives flagged rising labor and other input costs during their earnings call on Wednesday and added to a chorus of other company mentions of inflation.

The possibility that elevated inflation will stick around longer than previously anticipated remained a central focus for investors, both for its potential dampening effect on consumer spending, and as a potential catalyst for the Federal Reserve to raise interest rates sooner than previously telegraphed. The U.S. central bank has so far maintained its accommodative tilt and telegraphed that an initial interest rate hike could take place sometime next year, depending on the evolution of the economic recovery. Investors also continue to await a formal announcement from President Joe Biden about his nominee for Fed chair, with the most likely candidates being current Fed Chair Jerome Powell, and current Fed Governor Lael Brainard.

For more on this article, please visit:
https://finance.yahoo.com/news/stock-market-news-live-updates-november-18-2021-231831751.html

source

17 Comments

  • Min Bartoe on November 18, 2021

    TWTR?

  • Robin White -Gough on November 18, 2021

    Money is an issue that everyone has for a better and luxurious life, life was hard for me until I started trading Shiba Inu and bitcoin I'm now earning $20,000 per week.

  • Aadila Adil on November 18, 2021

    I'm so happy 😊I have earn $16,000 returns from my $5,000 Investment every 12days..

  • MOVE IQ on November 18, 2021

    I understand the fact that tomorrow isn't
    promised to anyone, but investing today is a hard thing to do because I have no idea of how and where to invest in

  • Grace Atonal on November 18, 2021

    You don't really need someone to tell you how to invest your coin, you can make a research on your own and also try doing it yourself first.

  • Mavin Kyle on November 18, 2021

    as a newbie investing in crypto will be the best for you, I know of a portfolio / investment manager.Harrison Weinberg Trading services and expertise in trade investment as you don't have to under go any stress…

  • Kenneth Macalpin on November 18, 2021

    I'm happy to see Harrison Weinberg mentioned here, my spouse recommended him to me after investing $4000 and he has really helped us financially in those times of COVID-19 lockdown here in Australia.

  • Bill Yates on November 18, 2021

    Same here I earn huge weekly profits of $10,000 on my Investment since I started trading with Harrison Weinberg his trading strategies are top- notch.

  • Cole Matt on November 18, 2021

    Alright thanks for the recommendation, but how do I reach him?

  • Bill Yates on November 18, 2021

    Expect Harrison mark Weinberg, is available on WhatsApp ..

  • Bill Yates on November 18, 2021

    †𝟙𝟞𝟜𝟞𝟝𝟜𝟛𝟠𝟡𝟚𝟘

  • Dan Costello on November 18, 2021

    I've seen different recommendations about Harrison Mark Weinberg Trading services, he must be very exceptional for people to talk this good about him

  • Bill Yates on November 18, 2021

    Trust me his awesome he has managed my investment so well and my weekly returns mind blowing

  • Alex Benjamin on November 18, 2021

    Nice Video. I finally got my profit of $70,000 on crypto investment. thanks to Blaine Phillips jr

  • David Thompson on November 18, 2021

    Trading lead to big gains in Bitcoin the movements in the price of Bitcoin are so great that it's very easy for even experienced traders to get whipsawed and lose a lot of money. but always remember that Bitcoin tradings carries a high degree The safest thing to do so as to take full advantage of the crypto era is to buy as much as you can, then trade or mine to increase your holdings which you would have to use a whole lot of money to acquire if you where strictly a hodler

  • Roland Nelson on November 19, 2021

    <Thanks 🙏 for continuous great 😊 videos, I feel those who would allow the market dynamism to determine when to trade or not are either new in space in general or probably just naïve, the sphere have seen far worse times than this, enlightened traders continue to make good use of the dip and pump even acquiring more equities towards trading sessions, l'd say that more emphasis should be put into trading, since it is way profitable than hodling. Tradlng went smooth for me as I was able to raise over 6 b t c when I started at 1.5b tc in just 5 weeks implementing trades with signals and insights from Bruce Olsen. I would advise y'all to trade your asset rather than hodl for a future you aren't sure about.

  • David Ball on November 19, 2021

    Harrison Weinberg is useless.

WhatsApp us
Live Chat

Office hours operation Mon-Sun 8:00 am ET – 4:00 pm ET

To start your Premium WP or Cpanel service, use our domain search engine, if the domain you want is available, contact us by Whats app to activate your project.

The easiest, fastest, and most secure way to communicate with us.
loading
Please enter your domain.
Please verify that you are not a robot.

Terms Privacy

 

 

error: WEBFINET SECURITY IS ON