🚀 Dow Jones Futures Rise Amid Earnings & China Stimulus: Key Highlights of the Week
📊 Market Futures Update:
Dow Jones futures: Up 0.1%
S&P 500 futures: Flat
Nasdaq futures: Down slightly (0.15%)
10-Year Treasury Yield: Falls to 4.3%
Oil: Declines over 1%
🌐 China’s $1.4 Trillion Stimulus Plan:
China's plan to aid local governments with debt refinancing
Hong Kong’s Hang Seng index down 1.1% amid doubts over impact
Copper futures (linked to China demand) fall 2%
📉 Fed & Economic Updates:
Fed cuts rates by 25 basis points to 4.5%-4.75%
Jerome Powell: Election results won’t affect rate policy
December rate cut odds rise to 75% following Powell's comments
📈 Stock Market Rally:
Nasdaq and S&P 500 reach fresh highs
Dow Jones steady after major postelection jump
Tech giants Nvidia (NVDA), Tesla (TSLA), and Meta Platforms (META) drive gains
🔍 Key Earnings Movers:
Gainers: Doximity (DOCS), Toast (TOST), Axon Enterprise (AXON), Expedia (EXPE)
Decliners: Sweetgreen (SG), Cloudflare (NET), Trade Desk (TTD), Airbnb (ABNB)
💡 Investor Tips:
Stay cautious: Avoid chasing stocks that are overextended or near earnings
Incremental buys: Consider adding to winners in favorable positions
ETF options: Sector ETFs can provide broader exposure in a bull market
📝 Next Steps:
Build watchlists and review potential exit strategies
Track the Big Picture daily to stay aligned with market trends
