Weekly Market Research: Palantir's Surge, Gold's Decline, and Bitcoin's Record Rally

Investor confidence is on the rise as prospects of additional rate cuts in 2024 emerge, propelling equity indices to record highs and causing Treasury yields to dip.

The recent employment report, surpassing expectations, showcased a resilient economy with a seasonal addition of 199,000 jobs in the past month. This boost, partly attributed to the resolution of...

Investors have been focused on jobs data as initial jobless claims reported on Thursday were 220,000 while continuing claims came in at 1.861 million.

The recent surge in gold prices, reaching an impressive $2,100 per ounce on Monday for the second consecutive day, has become a focal point for investors, hinting at a potential trend that might...

Investors remain optimistic that the Fed has wrapped up its rate-hiking regime and that the economy is on track for a soft landing.

As November draws to a close, Wall Street is set to wrap up the month on a robust note, with stock indices eyeing new highs as the year concludes.

The S&P500 index has climbed 8.7% in November so far, on track for its strongest monthly showing since July 2022. It is up 19% in 2023.

The upcoming Nvidia earnings report is poised to be a pivotal event, drawing the attention of investors eager to assess the sustainability of the November rally as the year approaches its end.

Major US stock indices are poised for their third consecutive week of gains, with the S&P 500 and Nasdaq registering over 2% increases by Thursday's close, and the Dow expected to climb by 1.9%.