LEIBOVIT VR NEWSLETTERS – WEDNESDAY – JANUARY 22, 2025 – STOCK AND SECTOR SELECTION THE KEY BUT KEEPING IN MIND THE FIRST QUARTER OF 2025 COULD STILL EXPERIENCE A SHAKEOUT BASED ON HISTORICAL CYCLES
U.S. Stocks Close On Bright Note On Fairly Widespread Buying
After a positive start, U.S. stocks largely kept moving higher on Tuesday, and the major averages all ended the day’s session on a firm note. A drop in bond yields and optimism about a few interest-rate cuts this year contributed to the positive sentiment in the market.
Investors picked up stocks as worries about tariffs eased a bit as Donald Trump, who signed a slew of executive orders on Monday soon after being sworn in as the 47th President of United States, refrained from signaling trade barriers against China. He threatened to impose tariffs of up to 25% on Mexico and Canada but did not enact a policy.
The Dow closed up 537.98 points or 1.24 percent, at 44,025.81. The S&P 500 ended higher by 52.58 points or 0.88 percent, at 6,049.24, while the Nasdaq settled at 19,756.78, gaining 126.58 points or 0.64 percent.
Oracle surged nearly 7.5 percent, buoyed by reports that Trump will announce private sector investment of up to $500 billion to fund artificial intelligence infrastructure.
Charles Schwab climbed nearly 6 percent on strong earnings updates. […]
LEIBOVIT VR NEWSLETTERS – TUESDAY – JANUARY 21, 2025 – A GREAT NEW ERA AHEAD BUT EVEN GREAT ERAS HAVE THEIR SETBACKS – RECALL, THE 1987 STOCK MARKET CRASH DURING RONALD REAGAN’S PRESIDENCY.
U.S. Stocks Move Sharply Higher, Dow Reaches One-Month Closing High
Stocks showed a strong move to the upside during trading on Friday, with the major averages more than offsetting the losses posted in the previous
session. With the upward move, the Dow ended the day at its best closing level in a month.
The major averages pulled back off their best levels in the latter part of the session but remained firmly positive. The Nasdaq surged 291.91 points or
1.5 percent to 19,630.20, the S&P 500 jumped 59.32 points or 1.0 percent to 5,996.66 and the Dow climbed 334.70 points or 0.8 percent to 43,487.83.
The major averages also posted strong gains for the week. The Dow soared by 3.7 percent, while the S&P 500 and the Nasdaq shot up by 2.9 percent and 2.5
percent, respectively.
Stocks may have benefitted from the recent decrease by treasury yields even though the yield on the benchmark ten-year note recovered from an early slump
to end the day roughly flat.
The recent retreat by treasury yields came as the U.S. inflation data released over the past few days led to renewed optimism about the outlook […]
