Benzinga examined the prospects for many investors' favorite stocks over the last week — here's a look at some of our top stories.
This week concluded with gains across all major stock indexes, with the Nasdaq advancing 0.7%, while the S&P 500 and the Dow marked their sixth consecutive positive week, the longest winning streaks for both indexes since 2019. The broad market index rose by 0.2% and the Dow finished marginally higher.
Market sentiment, initially boosted by expectations of Federal Reserve interest rate cuts in 2024, faced some restraint on Friday due to a strong labor market report and an unexpected increase in the University of Michigan's consumer sentiment for December.
Investors are now focused on the upcoming release of November's inflation data next Tuesday and the Federal Reserve Open Market Committee meeting on Wednesday.
Benzinga provides daily reports on the stocks most popular with investors. Here are a few of this past week's most bullish and bearish posts that are worth another look.
The Bulls
"Meme King Ryan Cohen Now Able To Trade Stocks With GameStop Funds," ...
Bitcoin And A Prediction Of A 700% Dogecoin Pump By July 2024>Full story available on Benzinga.com