From Nasdaq: 2024-11-19 05:38:00

U.S. stock markets closed mixed on Monday, with the S&P 500 and Nasdaq ending in positive territory while the Dow finished negative. The Dow fell 0.1%, Nasdaq rose 0.6%, and S&P 500 was up 0.4%. The fear-gauge VIX fell 4.5% to 15.58, and Tesla stock spiked 5.6% on news of eased regulations on self-driving cars.

Investors are eagerly awaiting this week’s earnings reports from giant retailers, a key global leader in AI chips, a medical device maker, and an Internet-based behemoth. Fed Chair Powell cautioned against further interest rate cuts, citing the strength of the economy and signaling a 58.4% probability of another 25 basis point cut in December.

Experts have identified 7 elite stocks with the potential for early price pops, offering an average gain of +23.7% per year since 1988. These Zacks Rank #1 Strong Buys are worth immediate attention for investors looking for profitable opportunities in the market.



Read more at Nasdaq: Stock Market News for Nov 19, 2024