The Overnight Report: In The Blink Of Eye
The S&P500 hit 5000 last night, for a second, then closed slightly below. (Available for non-subscribers after 10am)
Source: fnarena.com
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Top News In Mega Caps Today - Breaking & Trending Today
Active managers warn of 'crowding risk' in mega-cap tech in 2024
Active managers have cited “crowding” in the leading stocks of 2023 as a key risk going into 2024, with mega-cap technology leading the way.
Source: investmentweek.co.uk
market: After a lacklustre 2023, will 2024 be a year of mega-caps?
Mega stocks such as HDFC Bank, Reliance Industries, ICICI Bank, Infosys, TCS, Axis Bank and Kotak Mahindra Bank, which collectively account for 48% of the total Nifty 50 weightage, have given return of 9.58% in 2023 compared with the Nifty 50's return of 20%.
Source: indiatimes.com
Harry Domash, Online Investing | Fed hints likely to drive stock market
On Wednesday, the Fed strongly hinted that it was done raising interest rates and might even cut rates as many as three times next year.
Source: santacruzsentinel.com
The Overnight Report: Not Prepared To Buy
After the strong November rally, buyers have gone quiet on Wall Street ahead of Friday night's jobs report. S&P down -0.4%. (Available for non-subscribers after 10am)
Source: fnarena.com