Thursday's big stock stories: What's likely to move the market in the next trading session

  • 📰 NBCDFW
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 63%

News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The S&P 500 and the 30-stock Dow ended Wednesday near the flatline, raising questions about the rally’s staying power. Here’s what CNBC is…

Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today.Here's what CNBC TV's producers were watching as the postelection rally showed signs of waning, and what's on the radar for the next session.

Greenlight Capital's David Einhorn said,"We have increased our bets on inflation. I think that we're going to have another inflection of inflation." The hedge fund manager also thinks that will last for a few years. However, he also said,"We have a pretty strong economy." Einhorn also said he believes the stock market is overvalued but not necessarily in danger of falling soon.

Mastercard is down about 0.6% week to date, and it's up 13.6% in three months. The stock hit a high Monday.also hit a high Monday. The stock is up 0.5% so far this week, and it's up about 19% in three months.BlockInflationThe entertainment giant is slated to release its quarterly report before the bell.Shares are up about 10% in the past three months.Investors are pumping money into the Trump trade.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 288. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today: S&P 500 slips as Treasury yields jump; tech earnings eyedStock market today: S&P 500 slips as Treasury yields jump; tech earnings eyed
Source: Investingcom - 🏆 450. / 53 Read more »

Stock market today: S&P 500, Dow in fresh record close as Netflix shinesStock market today: S&P 500, Dow in fresh record close as Netflix shines
Source: Investingcom - 🏆 450. / 53 Read more »

Stock market today: S&P 500 clinches another record after Fed cuts rates againStock market today: S&P 500 clinches another record after Fed cuts rates again
Source: Investingcom - 🏆 450. / 53 Read more »

Stock Market Today: S&P500 closes at record high after briefly topping 6,000Stock Market Today: S&P500 closes at record high after briefly topping 6,000
Source: Investingcom - 🏆 450. / 53 Read more »