Markets rebound after early slides as tech and rate-cut hopes clash.
Indexes (as of 19:00): S&P 500 up ~0.3 percent, Nasdaq up ~0.5 percent, Dow down ~0.4 percent.
Drivers:
• Tech stocks led the turnaround, with strong strength in AI-related names offsetting early losses.
• Hawkish comments from Federal Reserve officials cut odds of a December rate-cut, adding to investor caution.
• Global investors pulled back from equity funds amid concern over high tech valuations and a delayed U.S. labor-market print.
Notables:
• Nvidia vaulted roughly +4 percent after falling earlier, driving tech’s rebound.
Wrap: The market remains volatile—bounce backs need stronger fundamentals to stick—Follow for your daily market recap.
Looking ahead (tomorrow):
• 08:30 ET — U.S. retail sales & producer-price index (Oct)
• 08:00 ET — Fed speaker commentary
• After close — Earnings: The Walt Disney Company (DIS)
My take:
• My monthly €100 investment plan stays on track—I’m cautiously holding tech but watching for signs of weakness.
• I’m watching whether the tech rebound holds and how policy comments evolve.
• I’m not making big changes today—but if tech loses steam, I’ll shift new money slightly more into broad index funds.
Key takeaway for small monthly investors: Stay consistent, expect noise, and focus on your long-term plan.
I am not a financial expert. This is not financial advice.
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