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Pfizer Jobs and Tablets set US records. Nasdaq scored 16,000 points – Scholarship

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Wall Street sets new records.  Facebook's fortune after judge's ruling is estimated at over $ 1 billion - Stock Exchange

The Dow Jones Industrial Index closed 0.56% at 36,327.95, a record high. After that, in the middle of the match, he scored 36,484.75 points for the first time in his history.

The Standard & Poor’s 500 climbed 0.37% to 4697.53, its highest at the close. During the session, it was catapulted to its highest value on record – 4,718.50 points.

For its part, the tech Nasdaq Composite rose 0.20% to 15,971.59, which is also a record for closing prices. In intraday trading, it peaked at 16,053.39, a level never touched before.

The Dow closes the week with 1.4% gains, while the S&P 500 and Nasdaq gained about 2% and 3% over five sessions, respectively.

The S&P 500 marks its seventh straight gaining session today, the longest winning streak since August 2020. Meanwhile, the Nasdaq has consolidated its position in the last 10 rounds. Both indices are up about 25% this year.

Smaller-cap stocks, which tend to be more vaunted for the US economy and less internationally than the so-called (larger cap) blue chips listed on the Dow, S&P 500 and Nasdaq, performed even better. The Russell 2000 Index added 1.4% this Friday and closed at all-time highs, which also indicates a 6% rise over the week.

The new records were driven by good US employment data. In October, the number of new employees increased by 531,000, indicating that economic activity in the country is recovering. This is at a time when the Fed has made it clear that it will not rush to raise key interest rates, which are currently at historic lows.

Market sentiment was also fueled by Pfizer, which closed 10.86% higher following promising data on its compressed against covid-19

Are fed by the good winds

“After the initial exposure following the announcements at the end of each Fed meeting, the next day’s Thursday session is usually nine hours of evidence of investors’ reaction to where they intend to push the market, given the events that were decided upon. in monetary policy. This has been the case in recent years, and if from time to time the recording in the last minutes of Wednesday is conducted in the same direction as the recording of Thursday, in some cases such correspondence does not correspond to reality, which catches some investors by surprise, not least because they were situations where things happened overnight, such as the reaction of analysts and important stakeholders, that change the direction of sentiment, ”emphasized Marco Silva, Technical Analyst at ActivTrades, in his daily analysis of today.

However, as he stresses, Wednesday’s uptrend continued yesterday, “which is a great sign for the bulls, given that US indices are at all-time highs and that we are heading into a fundamental phase of Wall Street behavior. namely what is called the Christmas Rally [Santa Rally], which represents a period of significant appreciation until the end of the year, which could begin in mid-November or, in more extreme situations, after Christmas, as happened in 2018, after a major correction due to adverse investor actions at the October Fed meeting. which paved a more hawkish path than what the market thought was ideal. “

And after overcoming this year’s great unknown, which did not prevent the prevailing optimism from continuing, today a window of opportunity for the Christmas rally has begun, with the penultimate “non-farm data” of the year known to the point. for companies, namely online retail sales – the big party known for the duo Black Friday and Cyber ​​Monday. A series of events that have become an increasingly important barometer of Wall Street’s progress year after year, and this year has become even more relevant because supply constraints could affect sales and therefore profit margins of companies, Amazon warned. Marco Silva. And the scenario remains optimistic after good employment figures become known.

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Economy

What factors impact financial markets?

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The global financial markets are now hugely complex, with traders and analysts around the world looking closely for signs of movement. What are some of the most important factors to be aware of that impact the financial markets?

Geopolitical events

With news breaking from different countries throughout the day, many different stories could affect the markets on any given day. For instance, economic indicators such as the European Central Bank’s inflation rates and gross domestic product numbers released by each country can determine which direction the markets take. Stocks, currencies and other financial instruments can all vary depending on these areas.

Major events such as war breaking out, natural disasters and elections also have an effect. When we look at the commodities market, climate change is an issue to bear in mind, with unusual weather sometimes causing scarcity or abundance of a certain product.

An interesting aspect of the modern financial world is the way that the different markets are linked. This means that any important event or news story that affects one area could easily affect another, even if the link isn’t obvious at first sight. We can also see how local shocks and events can quickly have an effect at a global level.

The financial crisis of 2008 is a good example, as it started with a serious downturn in the US housing market. Although this appeared to be a localized issue at first, it soon revealed some major issues with the global banking setup that caused problems around the planet affecting millions of people and diverse industries.

Speculation and investment trends

The previous factors all point toward the markets changing, and there’s no shortage of traders around the world waiting to see what happens next and how they can benefit. This means that we need to take into account other issues such as speculation and investment trends in the markets.

Armed with a variety of tools, including candlestick charts, traders try to identify trends such as support and resistance levels. They use the information they glean from the charts to make their moves, which can influence the general market if enough people make the same moves or if the amounts involved are significant.

Once an investment trend begins, it can have a knock-on effect that would have been impossible to predict at the outset. The example of Bitcoin and other cryptocurrencies shows how something that starts small can grow impressively. Cryptocurrencies have now gained enough mainstream appeal to influence and disrupt many industries, from healthcare to gaming and banking.

It’s important to understand how the leaders of a company operate and how they have faced challenges in the past. If we look at banking and the Bank of New York Mellon in particular, we can see that its history can be traced back to 1784, so it has overcome all the major events that have occurred since then. With some of the biggest names in the business world making up its key institutional investors, this is a company that we would expect to react effectively to changing markets.

Regulatory changes and company results

Just about every industry represented in the financial markets has laws and regulations that govern it. This means that the fear of harsher new laws is an almost constant threat. Meanwhile, the hope that beneficial changes to the regulations help businesses prosper is the other side of this matter that investors keep a close eye on.

Let’s not forget the role played by the profit and loss results produced by major companies. It’s clear that these results have an almost immediate effect on their stock prices. However, we should also bear in mind that this effect can reach other areas of the economy. A surprising set of results for a large business can produce shock waves that travel around the market.

What impact do they cause?

From the wide variety of examples that we’ve looked at here, it’s clear that the impact isn’t going to be the same in every case. While one set of circumstances might snowball and cause a huge impact, another might cause a limited impact before the news disappears as other events overtake it.

Having said that, one of the key issues that they cause is a higher degree of market volatility. We can see how this works by looking at an area such as the COVID-19 pandemic in 2020. The markets became a lot more volatile as the different aspects of the pandemic became clear. Streaming companies, healthcare companies and video conferencing technology firms made huge profits, while airlines and hotels were among those to lose out massively.

Working out the overall impact of a particular situation is almost impossible to do now. With so many traders looking over the latest news stories and numbers with advanced tools, the original impact can quickly grow or simply disappear. Therefore, the key for investors is to understand emerging trends and react to them before it’s too late.

These details reveal how complex the global financial market is now. It’s a fascinating world, and with more information at our fingertips than ever before, it’s something that anyone can start to research and understand in their own way.

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Economy

Everything has been delivered. 10 Bugatti Centodieci are already in the hands of the owners

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Everything has been delivered.  10 Bugatti Centodieci are already in the hands of the owners

OAll Bugatti Centodieci have been delivered, the Molsheim-based brand said on Monday. Cristiano Ronaldo received the number 07 in October this year. and Bugatti has now revealed that the latest unit – #10 – is already in the possession of its owner.

“The Centodieci combines all the values ​​of the Bugatti brand in an extraordinary package: rarity, innovation, heritage, craftsmanship and unrivaled performance. The production batch of 10 units was so in demand by our customers that it was sold before the Centodieci. was even officially presented,” said Christophe Piochon, president of Bugatti.

This latest example is finished in Quartz White with carbon fiber trim on the bottom and matte grilles. The brake calipers are painted in Light Blue Sport, as is the logo on the rear that refers to the EB110, the iconic Bugatti model that inspired this Centodieci. Inside, the predominant color is also blue, as you can see in the images above.

This block is powered by the same block as the other nine instances. The 8.0-liter W16 with four turbines is capable of developing 1600 hp. In terms of performance, this allows the Centodieci to hit 100 km/h in just 2.4 seconds and reach a top speed of 380 km/h.

Recall that each unit costs the owners eight million euros before taxes.

Read also: We already know when the Bugatti Centodieci fell into the hands of Ronaldo.

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Economy

The first Dacia hybrid. “The cheapest hybrid family on the market”

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The first Dacia hybrid.  "The cheapest hybrid family on the market"

BUT Dacia revealed this Monday that the hybrid engine has been available since March on the Jogger, the Romanian brand’s model known to be available with a seven-seat variant.

The Jogger Hybrid 140, Dacia’s first hybrid, will hit dealerships in March, but customers can expect and order it as early as January.

The price has been revealed by Dacia and since it’s only available in the seven-seater SL Extreme, it starts at €28,800. The brand claims it is “the most affordable hybrid family car on the market.”

Available in six existing colors to celebrate the launch of this hybrid, there will be a slate gray version, as you can see in the images above.

Equipped with a 1.6 liter four-cylinder petrol engine with 90 hp, the Jogger is also powered by two electric motors (a 50 hp engine and a high-voltage starter-generator). The total power is 140 horsepower. The electric transmission is automatic, four-speed, connected to an internal combustion engine, and two speeds are connected to an electric motor. This combined technology was possible, according to Dacia, only due to the lack of clutch.

Combined with the energy recovery levels of the 1.2kWh (230V) battery pack and the efficiency of the automatic transmission, regenerative braking delivers all-electric traction on 80% of urban journeys and saves up to 40% of fuel compared to a combustion engine vehicle.

Read also: Dual-fuel Dacia Jogger Eco-G. We tried 5 seater and LPG…

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