NVDA Jul 2024 1860.000 put
- Yahoo Finance Video
What Nvidia sell-off, triple witching say about the market
While markets (^DJI, ^IXIC, ^GSPC) enter into a triple witching day on Friday, is the outlook as spooky as it seems after Nvidia (NVDA) experiences a stock sell-off? Evercore ISI Senior Managing Director of Equity, Derivatives, and Quantitative Strategy Julian Emanuel comments on how this all relates to the broader market, which remains generally resilient in this week's trading. "If you talk to our fundamental analysts on the name, he thinks you could get to a market weighting of between 10 and 15% between now and 2030," Emanuel says. "And that's obviously based on the promise of AI, but look, the fact that that that these kinds of short-term potholes in a name that's moved this far, they are to be expected. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
Existing home sales, a day with Fed's Susan Collins: Catalysts
It's Friday, so the market (^DJI, ^IXIC, ^GSPC) is working extra hard for the weekend. Catalysts Hosts Madison Mills and Brad Smith crunch the numbers on the latest economic data — June's Purchasing Managers' Index (PMI) and May's US existing home sales — and explore the biggest themes driving equities. National Association of Realtors (NAR) Chief Economist Lawrence Yun drops in to weigh in on the existing home sales print and the relationship between mortgage rates and the Federal Reserve's monetary policy. JPMorgan Asset Management Global Market Strategist Jack Manley also explores market trends tied back to the market's interest rate sentiments. Lastly, Yahoo Finance's own Jennifer Schonberger spent a day with Federal Reserve Bank of Boston President and CEO Susan Collins, shadowing the Fed officials as she met with business owners and community leaders. Catch the full exclusive interview with Collins here. This post was written by Luke Carberry Mogan.
- Yahoo Finance
Investors are buying into AI and Musk any way they can: Morning Brief
The market rally never broadened, but investors are finding ways to get in on AI.
