Existing home sales surged in October, with slight gains in stock market indices

From Nasdaq: 2024-11-22 11:02:00

Stocks made slight gains this week, with the Russell 2000 up 0.24% but other indices flat. Q3 earnings season is winding down, with only a few retailers left to report. Services PMI expected to rise to 55.0, while manufacturing PMI may increase to 48.8. Consumer Sentiment also anticipated to improve to 73.5.

Next week brings a shortened trading week due to Thanksgiving, with economic data on home sales, durable goods orders, and inflation. Zacks experts have identified 5 stocks set to double in 2024, with past picks soaring over 100%. These under-the-radar stocks offer potential for significant gains. Macy’s and NVIDIA are among the companies mentioned.



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