U.S. Stock Market Performance - U.S. stocks traded higher, with the Nasdaq Composite gaining around 0.2% on Friday [1] - The Dow increased by 0.17% to 47,933.71, while the NASDAQ rose 0.16% to 23,543.03, and the S&P 500 gained 0.15% to 6,867.40 [1] - Communication services shares jumped by 0.9%, while utilities stocks fell by 0.6% [1] Economic Indicators - The U.S. PCE price index increased by 0.3% month-over-month in September, consistent with the previous month and market estimates [2][11] - U.S. personal income rose by 0.4% month-over-month to $26.397 trillion in September [8] Commodity Market - Oil traded up 0.7% to $60.08, gold increased by 0.1% to $4,245.70, silver rose by 2.7% to $59.035, and copper gained 1.2% to $5.4385 [5] Company-Specific Movements - Praxis Precision Medicines Inc shares surged 31% to $248.00 after announcing completion of its pre-NDA meeting with the FDA [9] - DigitalBridge Group Inc shares increased by 32% to $12.86 following reports of SoftBank's interest in acquiring the company [9] - Rubrik Inc shares rose 23% to $86.80 after reporting better-than-expected third-quarter results and raising FY26 guidance [9] - Parsons Corp shares dropped 25% to $62.97 after losing a joint bid with IBM for a new air traffic control system [9] - Sportsman's Warehouse Holdings Inc shares fell 30% to $1.70 after reporting third-quarter results [9] - Domo Inc shares decreased by 23% to $8.87 after reporting third-quarter results and issuing lower-than-expected fourth-quarter sales guidance [9]

Market Overview - The Dow Jones Industrial Average increased by 56.19 points (0.1174%), continuing its upward trend and approaching all-time highs, driven by strong corporate earnings and positive economic data [1] - Investors are closely watching the Personal Consumption Expenditure (PCE) price index, the Federal Reserve's preferred inflation measure, ahead of an anticipated 25 basis point interest rate cut in the upcoming Fed meeting [1] - Initial jobless claims fell to 191,000, the lowest level since September 2022, signaling optimism for the economy [1] Company Performances - Salesforce (CRM) was a standout performer, surging 4.83% following better-than-expected third-quarter 2025 adjusted earnings and a positive financial outlook, particularly due to strong demand for its AI products [2] - Other notable gainers included Verizon (VZ) up 1.54%, Visa (V) rising 1.52%, Goldman Sachs (GS) climbing 1.37%, and Walmart (WMT) increasing 0.88%, indicating confidence in consumer spending and economic stability [2] Sector Weakness - Healthcare and industrial stocks faced declines, with Amgen (AMGN) being the largest loser among Dow components, falling 2.67% despite positive analyst upgrades and promising clinical trial results for its obesity drug [3] - Other significant losers included 3M (MMM) down 1.26%, UnitedHealth Group (UNH) down 1.14%, Travelers Companies (TRV) declining 0.97%, and Merck & Co. (MRK) down 0.89%, reflecting a broader dip in the Health Care Select Sector SPDR [3]

Group 1 - Consumer spending in the U.S. showed almost no growth in September, indicating fatigue among consumers under persistent inflation pressure [1] - The core Personal Consumption Expenditures (PCE) price index rose by 0.2% month-over-month and 2.8% year-over-year, suggesting uneven inflation cooling [1] - Retail sales data for Black Friday showed a 4.1% year-over-year increase, driven mainly by high-income consumers, while ordinary consumers remain cautious due to weak job market prospects and high prices [1] Group 2 - Consumer sentiment improved for the first time in five months, with the Michigan University index rising from 51 to 53.3, reflecting optimism about personal financial situations [2] - Concerns about job security are rising, with over half of workers worried about unemployment and many believing it would take four months or longer to find a similar job if laid off [2] - Spending fatigue and a significant decline in goods consumption were noted, with September recording the largest drop in goods spending since May, particularly in automotive, clothing, and footwear [2] Group 3 - Real disposable income has stagnated for the second consecutive month, while nominal wages increased by 0.4%, providing some support for high-income households [3] - The mixed data has intensified the debate within the Federal Reserve regarding potential interest rate cuts, with some officials advocating for cuts to support the slowing job market [3] - Following the data release, S&P 500 futures and U.S. Treasury yields continued to rise, although the government shutdown has delayed the release of the October consumption report [3]

U.S. stocks were higher, with the Dow Jones gaining more than 150 points on Friday.Shares of ServiceTitan Inc (NASDAQ:TTAN) rose sharply during Friday's session after the company reported better-than-expected third-quarter financial results.ServiceTitan reported quarterly earnings of 24 cents per share which beat the analyst consensus estimate of 15 cents per share. The company reported quarterly sales of $249.200 million which beat the analyst consensus estimate of $238.535 million.Also, BMO Capital mainta ...

U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 150 points on Friday.Following the market opening Friday, the Dow traded up 0.37% to 48,025.65 while the NASDAQ rose 0.37% to 23,591.14. The S&P 500 also rose, gaining, 0.33% to 6,879.55.Check This Out: Broadcom To Rally More Than 14%? Here Are 10 Top Analyst Forecasts For FridayLeading and Lagging SectorsCommunication services shares jumped by 1% on Friday.In trading on Friday, utilities stocks fell by 0.2%.Top HeadlineVicto ...

Interesting. Kevin Hanks live at the CBOE for our pre-built playbook is with us. Of course, we're waiting on the PCE at 10 a.m. Let's uh first just start big picture. How you feeling this Friday morning.>> Good morning, Nicole. Yeah, we seem to be cruising into the end of the week with big events on the horizon. The Fed meeting that will be obviously the announcement.Do they cut. Will it be will there be dissents. Then Jerome Pal's press conference.Then we get the uh summary of economic pro projections that ...

Group 1: Netflix and Warner Brothers Discovery Deal - Netflix has reached a $72 billion cash and stock deal to acquire Warner Brothers' movie and streaming assets, marking a significant strategic shift for the company [2][10][40] - The acquisition includes iconic franchises such as Harry Potter, Game of Thrones, and DC, allowing Netflix to strengthen its content library and keep these assets away from competitors like Paramount and Comcast [12][46] - This deal is seen as surprising, as analysts had previously given a higher probability of Paramount winning the bidding war [9][41] Group 2: Implications for the Streaming Industry - The acquisition is expected to widen the gap between Netflix and smaller streaming services, making it more challenging for them to compete effectively [47][58] - Regulatory scrutiny is anticipated, particularly regarding the streaming side of the deal, as Netflix becomes the largest player in the market [55][56] - Paramount is likely to continue pursuing its interests in Warner Brothers' assets, indicating that the competitive landscape may still evolve [16][56] Group 3: Apple Executive Departures - Apple is experiencing significant executive turnover, with key figures such as COO Jeff Williams and AI chief departing, raising questions about the company's future direction and succession plans [5][20][30] - Despite the management changes, Apple's stock has performed well, up about 12% this year, driven by strong iPhone sales [6][25] - The challenges in Apple's AI initiatives, particularly with Siri, have been highlighted as a concern, but the overall company health remains stable [21][29] Group 4: Economic Data and Market Reactions - Investors are awaiting the release of personal consumption expenditure (PCE) data, which is crucial for understanding inflation trends ahead of the Federal Reserve's rate decision [3][31] - The expected PCE data for September indicates a year-over-year increase of 2.8%, slightly down from 2.9% in August, which may not significantly alter the Fed's approach [32][34] - Wall Street anticipates that the Fed will lower rates next week, contributing to a positive outlook for stocks [4][34]

Group 1: Market Developments - The S&P 500 is approaching record levels following a steady advance, supported by the potential for a central bank rate cut in December and a new leadership at the Federal Reserve [6][8] - Economic data post-government shutdown has shown rising unemployment and a contraction in manufacturing for the ninth consecutive month, alongside a dip in consumer confidence due to inflation and job concerns [7][8] - Despite recent economic noise, there is optimism regarding the stock market, with expectations for continued growth driven by the Fourth Industrial Revolution [9] Group 2: Company News - Netflix (NFLX) and Warner Bros. Discovery (WBD) have entered into an $82.7 billion deal, while Paramount Skydance (PSKY) has raised concerns about the fairness of the sales process [4] - Amazon (AMZN) is reportedly considering ending its partnership with USPS [10] - Humana (HUM) is in discussions with Mark Cuban for a potential pharmacy partnership [11] Group 3: Economic Indicators - Fresh inflation numbers are anticipated with the release of the personal consumption expenditures price index, where the core rate is expected to remain steady despite being elevated [7] - The Russell 2000 Index has reached a record close, indicating a broad market rally, although the tech sector has not participated significantly in this rebound [8]

Five things to know ahead of the opening bell. Docuine beating revenue and profit estimates but shares are lower. One possible reason docysine's current quarter outlook didn't top expectations.And we're going to speak with DocYsine CEO next hour. Meanwhile, shares of Hullet Packard Enterprise, they're under pressure. Earnings beating estimates, but revenue missed.The current quarter sales forecast also came in below expectations. and Apple says its general counsel and vice president for environment policy a ...

The world’s largest fashion retailer staged a stock-market comeback this week as Inditex’s push to differentiate itself from fierce ultra-low-price competition shows signs of bearing fruit https://t.co/7YZ3hJu4IZ ...