Good morning,
Today is November 22, 2024, today’s report comes to you as a courtesy of the law office “Stern & Comas”. We’d like to remind you that we don’t give investment advice only information.
Starting with the economic news, at 9:45
The Services Purchasing Managers' Index (PMI) is an important economic indicator that measures business activity in the services sector. The services sector includes activities like banking, healthcare, hospitality, and professional services.
At 10:00
The University of Michigan Consumer Sentiment Index is composed of survey results comparing the relative level of both current and future economic conditions.
10 public companies are scheduled to report quarterly earnings today, among them
The Buckle, a small cap company with a market cap of 2.4 billion dollars, and 8 thousand employees. Buckle engages in the business of retailing medium to better-priced casual apparel, footwear, and accessories for fashion-conscious young men and women.
Global Blue Group Holding AG, together with its subsidiaries, provides technology and payments solutions for merchants, acquirers, customs, authorities, travelers, shoppers, and guests in Europe, the Asia Pacific, and internationally. GB has an average daily volume of only 48 thousand shares. It closed yesterday +12.21% with 126,000 shares traded.
The SP500 index closed up 0.53%, of the companies in the index 89% percent ended with a positive change in their stock price.
Google ended down -4.56%, following news that the Department of Justice is calling for Google to divest its Chrome browser to put an end to its search monopoly.
Volume for google yesterday was 37 millions shares traded, double the daily average.
The Nasdaq one hundred index closed +0.36% yesterday, 83 percent of the companies in the index ended up.
Micron technology the company that provides memory and storage technologies comprising dynamic random access memory devices, closed +4.46%,
Intuit which reported yesterday closed up +4.32%
Of the group of companies that we follow with market cap above five billion dollars, stock price above ten and average daily volume of at least a million shares negotiated, 83% ended up yesterday.
Among that group, of 20 companies in the regional banks sector all closed positive.
89% percent of companies in the software sector close up yesterday.
In the oils and energy industry, 83 percent of the companies ended up yesterday
That’s all for today, Our Summary from several sources by Erick Stern
Good Morning all
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