Nasdaq, the tech heavy benchmark, is preparing to seek regulatory approval to introduce near-continuous stock trading, as international interest in US equities continues to rise, pushing exchanges to rethink traditional market hours, Reuters reported.The exchange operator, which lists technology giants including Nvidia, Apple and Amazon, submitted documents to the US Securities and Exchange Commission on Monday outlining plans for 23-hour-a-day trading, five days a week. The proposal would move Nasdaq close ...

The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, while the index moved to the “Neutral” zone on Monday.U.S. stocks settled lower on Monday, with the Nasdaq Composite falling more than 100 points during the session. The S&P 500 fell 0.6% last week, while the 30-stock Dow gained 1.1% on the week.Traders are focused on Tuesday’s release of official October and November payroll data alongside October retail sales.According to Fed futures, markets assign only a 24% prob ...

Market Sentiment - The CNN Money Fear and Greed index improved to a reading of 50.3, indicating a shift to the "Neutral" zone from a previous reading of 42.2 [6] - U.S. stocks experienced a decline on Monday, with the Nasdaq Composite dropping over 100 points [1] Economic Data - The NY Empire State Manufacturing Index fell to -3.9 in December, significantly down from a one-year high of 18.7 in the previous month and below market expectations of 10 [4] Stock Performance - Tesla Inc. saw a share price increase of approximately 4%, marking its 12th gain in the last 15 sessions and nearing record highs last seen in December 2024 [3] - Zillow Group Inc. shares fell about 8% following reports of Alphabet Inc. testing a new real estate advertising format [3] - The Dow Jones closed lower by around 41 points to 48,416.56, while the S&P 500 and Nasdaq Composite fell by 0.16% and 0.59% respectively [5] Sector Performance - Most sectors on the S&P 500 closed positively, with energy, health care, utilities, and consumer discretionary stocks showing the largest gains [4] - Energy and information technology stocks, however, closed lower, bucking the overall market trend [4] Upcoming Events - Investors are awaiting earnings results from Duluth Holdings Inc., Worthington Enterprises Inc., and Lennar Corp. [5]

Market Analysis by covering: Broadcom Inc. Read 's Market Analysis on Investing.com ...

As fresh labor market numbers for November are set to hit the headlines, top economist Justin Wolfers is urging the public to read the data with extreme caution.Shutdown’s ‘Echo Effect’Wolfers warns that the recent government shutdown has created a statistical “deep fog” that is likely artificially inflating November's unemployment rate, making the economy look worse than it actually is.According to Wolfers, the root of the problem is the cancellation of the October survey during the government shutdown. Th ...

Market Analysis by covering: Euro US Dollar, US Dollar Japanese Yen, Nasdaq 100, Gold Spot US Dollar. Read 's Market Analysis on Investing.com ...

Carlos De Alba from Morgan Stanley sets a price target of $52 for Alcoa Corporation (NYSE: AA), indicating a potential upside of 14.16%.Alcoa trades at a 50% discount to the sector median EV/EBITDA, suggesting room for growth as market conditions improve.Institutional investors, including Federated Hermes Inc. and Arrow Capital Pty Ltd, have increased their stakes in Alcoa, reflecting confidence in the company's future.Alcoa Corporation (NYSE: AA) is a leading player in the industrial products sector, prima ...

Core Insights - Spire Global, Inc. is set to release its third-quarter earnings results on December 17, with analysts predicting a loss of 33 cents per share, an improvement from a loss of 43 cents per share in the same quarter last year [1] - The consensus estimate for Spire Global's quarterly revenue is $21.17 million, down from $28.57 million reported last year [1] Financial Performance - On November 4, Spire Global reported second-quarter financial results that were worse than expected, leading to a 5.7% decline in share price, closing at $9.08 [2] - The company has faced challenges in meeting revenue expectations, as indicated by the significant drop in projected quarterly revenue compared to the previous year [1][2] Analyst Ratings - Baird analyst Jeffrey Meuler has maintained a Neutral rating on Spire Global, raising the price target from $11 to $13 [3] - Stifel analyst Erik Rasmussen has maintained a Buy rating but reduced the price target from $20 to $18 [3]

New York officials have told rideshare companies, driver representatives and others in the for-hire vehicle industry that insurance policy rates will rise by an average 25% over the next three years, according to people with knowledge of the state’s plans, likely sending passenger fares up as a result.The state has asked carriers to reset — essentially raise — their fees to actuarially justified levels as they work to stabilize the industry, which has been reeling from the insolvency of its largest provider ...

Morgan Stanley maintains an "Overweight" rating for FCX, raising its price target to $53 from $44.Freeport-McMoRan faces a securities fraud lawsuit, with a deadline for lead plaintiff application set for January 12, 2026.The company's stock price shows slight volatility with a current trading price of $47.55, indicating active investor interest and a strong market position.Freeport-McMoRan (NYSE:FCX) is a leading mining company known for its significant copper and gold production. The company operates large ...