Anti-Clickbait News Summaries for November 29, 2024
Wall Street revises Fed rate cut expectations for 2025 to two or three reductions
Hi, it’s Jack and the Daily Moat team with your daily news summaries 😇
📣 You can lock in at the crazy price of $1/month or $10/year → SECRET LINK 📣
For the last few months, I have consistently posted news summaries, daily market changes, and podcasts for free, and we have crossed 10,000 daily reads on every email sent.
I spend 2 hours every day to create this newsletter.
I haven’t missed a single day, even when I was sick.
Annual price == 2 coffees at Starbucks for 365 intelligence-level reports.
The newsletter is read daily by decision-makers from companies ranging from Silicon Valley to oil traders in the Emirates and Saudi Arabia, and back to the blue chips on Wall Street.
Disclaimer:
I want to preface by saying that I’m trying to be unbiased here. I analyze over 30,000 articles using AI daily to find the most trending and significant ones.
Then, I’m down to 200, and I manually choose 20-30, which are, in my opinion, the most important.
I’m delivering the news, not judging them here, and I will ONLY annotate blatant fake news or sensationalism.
The Markets:
Some markets were closed, some were open, so I’m making a summary from yesterday and 2 days ago.
Futures Markets
Crude Oil: $69.11 ▲ +0.39 (+0.57%)
Natural Gas: $3.3170 ▲ +0.1130 (+3.53%)
Gold: $2683.50 ▲ +18.70 (+0.70%)
Dow: 44,904.00 ▲ +76.00 (+0.17%)
S&P 500: 6,023.25 ▲ +8.25 (+0.14%)
Nasdaq 100: 20,833.25 ▲ +20.25 (+0.10%)
Russell 2000: 2,450.80 ▲ +16.50 (+0.68%)
Summary: Futures show positive momentum across major indices and commodities. Natural gas leads gains with a sharp ▲ +3.53%, while gold sees steady ▲ +0.70% growth.
Forex & Bonds
EUR/USD: 1.0558 ▲ +0.0006 (+0.06%)
USD/JPY: 150.05 ▼ -1.46 (-0.96%)
GBP/USD: 1.2686 ▲ +0.0003 (+0.02%)
BTC/USD: $97,085 ▲ +800.00 (+0.83%)
5-Year Treasury Yield: 4.095 ▼ -0.018 (-0.44%)
10-Year Treasury Yield: 4.219 ▼ -0.023 (-0.54%)
30-Year Treasury Yield: 4.399 ▼ -0.028 (-0.63%)
Summary: Currency markets remain stable with slight ▲ gains in major pairs. Bonds continue their ▼ decline, with the 30-year Treasury yield falling the most at ▼ -0.63%. Bitcoin sees a ▲ +0.83% rally.
Major Stock Changes
Biggest Winners:
MSTR: ▲ +9.94%
WMT: ▲ +0.62%
GAP: ▲ +0.29%
TJX: ▲ +0.13%
GOOG: ▲ +0.12%
GOOGL: ▲ +0.07%
Biggest Losers:
KSS: ▼ -3.09%
TSLA: ▼ -1.58%
META: ▼ -0.76%
AMZN: ▼ -1.02%
MSFT: ▼ -1.17%
NVDA: ▼ -1.15%
AMD: ▼ -1.07%
BBY: ▼ -0.35%
AAPL: ▼ -0.06%
COF: ▼ -0.08%
Summary: MSTR leads the charge with a spectacular ▲ +9.94%, while retail giant KSS tumbles ▼ -3.09%. Technology stocks face mixed fortunes with heavy ▼ losses for TSLA and NVDA.
You can find my most significant newsletter at:
Listen and Read the Summaries:
Keep reading with a 7-day free trial
Subscribe to Anti-Clickbait News to keep reading this post and get 7 days of free access to the full post archives.