Wall Street Strategies
Hello! Sign in or Register

Question of the Week

How will the election outcome impact America and the markets?
Post your answer below.

Afternoon Note

Decisive Week

By Karina Hernandez, Senior Research Analyst
11/7/2022 1:47 PM

A mixed day in the market as the Street embraces a week of potentially market-moving events. The Nasdaq opened with gusto, but it is swinging between gains and losses. Apple (APPL) is weighing on the index’s performance after warning lower-than-expected iPhone 14 shipments due to production issues in China.

Yields keep pressuring investors’ sentiment, with the 10-year note reaching the 4.20% level and 2-year note reaching 4.72%.

Energy is the top gainer this afternoon, while Utilities are the worst performing.

Stocks may not have an easy ride this week with the midterm elections tomorrow and inflation data that comes out late Thursday. With that in mind, the market is showing resilience to selling pressure, as this could be the turn we have been looking for.


Log In To Add Your Comment

Home | Products & Services | Education | In The Media | Help | About Us |
Disclaimer | Privacy Policy | Terms of Use |
All Rights Reserved.