November 13, 2024
Business - 11/13
📉 Stock Markets Dip as CPI Looms, 📈 Treasury Yields Rise Amid Rate Worries...
📉 Stock Markets Dip as CPI Looms The S&P 500 fell 0.3%, Nasdaq dipped 0.1%, and the Dow dropped 0.9% on Monday as investors await new CPI data. 📈 Treasury Yields Rise Amid Rate Worries The 10-year Treasury yield increased to over 4.4%, reflecting concerns about future rate hikes. 👉 Trump May Halt TikTok Ban President-elect Trump may prevent a potential TikTok ban scheduled for implementation next year. 🤖 Waymo Expands LA Robotaxi Service Waymo expands its robotaxi services in Los Angeles County, offering rides to a wider area. ⛽ Gas Prices Predicted to Drop Gas prices are expected to drop below $3 before Thanksgiving according to analysts. 📉 Boeing Stock Falls on Delivery Dip Boeing's stock fell after a sharp decline in October deliveries due to strikes. 💰 Bitcoin Hits Record High $90,000 Bitcoin reached a new all-time high of $90,000 following a significant post-election rally. 📊 Gen Z Investors Favor ETFs Gen Z investors favor ETFs, with nearly half of their trades being in this investment format according to Nasdaq research. 🎧 Spotify Reports Third Profit Quarter Spotify announced its third consecutive profitable quarter, driven by a 12% increase in premium subscribers. ⚖️ Chipotle Sued Over Portion Sizes Chipotle faces a lawsuit from shareholders for not disclosing portion size reductions affecting stock prices.
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