Anti-Clickbait News Summaries for January 1, 2025

MicroStrategy's Bitcoin holdings far exceed those of other public companies

Hi, it’s Jack and the Daily Moat team with your daily news summaries 😇

Happy New Year! 🎉

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Today:

As of Wednesday, January 1, 2025, U.S. financial markets, including the New York Stock Exchange (NYSE) and Nasdaq, are closed in observance of New Year's Day.

The Wall Street Journal

Market Indices Performance (as of December 31, 2024)

• SPDR S&P 500 ETF Trust (SPY): Closed at $586.08, down 0.36% from the previous close.

• SPDR Dow Jones Industrial Average ETF (DIA): Closed at $425.50, a decrease of 0.06%.

• Invesco QQQ Trust (QQQ): Ended at $511.23, declining by 0.86%.

• Carnival Corporation (CCL): Shares closed at $24.92, down 0.52% from the prior close.

Key Developments

1. Tesla Deliveries: Tesla is expected to report its Q4 and full-year delivery and production figures soon, with anticipated record deliveries slightly above 500,000 for Q4.

   Investors

2. Economic Indicators: The S&P CoreLogic Case-Shiller Home Price Index for October was released on December 31, providing insights into U.S. home price trends.

   MarketWatch

Upcoming Events

• Market Reopening: U.S. stock and bond markets will resume regular trading hours on Thursday, January 2, 2025.

  The Wall Street Journal

• Economic Data Releases: The Institute for Supply Management (ISM) will release its Manufacturing Purchasing Managers' Index (PMI) for December on January 2, offering insights into the manufacturing sector's performance.

  Barron's

Investor Considerations

• Year-End Review: With the conclusion of 2024, investors are advised to review their portfolios, assess performance, and consider rebalancing strategies to align with financial goals for 2025.

• Market Outlook: Analysts suggest that an unexpected economic slowdown in 2025 could lead to a 10%-15% stock market correction. Investors should monitor economic indicators and adjust strategies accordingly.

  MarketWatch

The Markets:

Futures Highlights
Broadly positive moves with the Russell 2000 leading gains, while Natural Gas tumbles over six percent.

• 🟢 Crude Oil: 71.01 (+0.02 | +0.03%)

• 🔴 Natural Gas: 3.6880 (-0.2480 | -6.30%)

• 🟢 Gold: 2625.20 (+7.10 | +0.27%)

• 🟢 Dow: 43028.00 (+101.00 | +0.24%)

• 🟢 S&P 500: 5976.75 (+18.00 | +0.30%)

• 🟢 Nasdaq 100: 21485.50 (+69.25 | +0.32%)

• 🟢 Russell 2000: 2260.60 (+12.90 | +0.57%)

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Forex & Bonds
BTC shows solid gains while treasury yields drift lower across the curve.

• 🔴 EUR/USD: 1.0390 (-0.0017 | -0.16%)

• 🟢 USD/JPY: 157.01 (+0.17 | +0.11%)

• 🔴 GBP/USD: 1.2521 (-0.0028 | -0.22%)

• 🟢 BTC/USD: 95872.50 (+3559.20 | +3.86%)

• 🔴 5-Year Treasury: 4.352 (-0.018 | -0.41%)

• 🔴 10-Year Treasury: 4.525 (-0.02 | -0.44%)

• 🔴 30-Year Treasury: 4.74 (-0.023 | -0.48%)

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Major News
LNG and NVDA inch higher, while MSTR takes a steep fall. Most tech names trade to the downside today.

• 🟢 LNG: +1.23%

• 🟢 NVDA: +0.35%

• 🔴 GOOG: -0.70%

• 🔴 PFE: -0.75%

• 🔴 GOOGL: -0.79%

• 🔴 AMZN: -1.09%

• 🔴 BABA: -1.09%

• 🔴 MSFT: -1.32%

• 🔴 AAPL: -1.33%

• 🔴 META: -1.43%

• 🔴 AMD: -2.20%

• 🔴 BA: -2.31%

• 🔴 AVGO: -2.55%

• 🔴 TSLA: -3.30%

• 🔴 MU: -3.75%

• 🔴 MSTR: -8.19%

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