Hi, Tigers!
Welcome to Daily Discussion! This is the place for you to share your trading ideas and win coins!
[Rewards]
We will reward you with 50 Tiger Coins when you share your knowledge about stocks and markets here, depending on quality and originality.
[Winners Announcement:25 Apr]
1.Here are the 5 Tigers whose post has the best quality & interaction last Friday: @koolgal @nerdbull1669 @JC888 @yourcelesttyy
2.Here are the stocks mentioned by the above Tigers: $Microsoft(MSFT)$ $Enbridge(ENB)$ $Intel(INTC)$ $S&P 500(.SPX)$ $Pepsi(PEP)$ $NASDAQ(.IXIC)$ (Not investment advice)
And let's congratulate these Tigers for winning 5-40 Coins:
Below are Today's Key Takeaways.
Top News Move the Market
Weekly Hot Stocks
ββFor The Daily Most Active Stocks in S&P 500 & The Top 10 Popular Stcocks on WallStreetBets please turn to @TigerObserver
Global Markets Weekly Update
U.S. equities advanced during the week, supported by several reports indicating that the ongoing trade tensions between the U.S. and China could be de-escalating. Speculation around near-term agreements with several other trading partners also appeared to be a tailwind, as were comments from President Donald Trump that appeared to walk back his recent threat to fire Federal Reserve Chair Jerome Powell. The Nasdaq Composite led returns for the major indexes in a sharp rebound from the prior week, while small- and mid-cap equities posted gains for the third consecutive week.
In economic news, S&P Global reported its Flash Purchasing Managersβ Index (PMI) survey data for April, which indicated that U.S. business activity growth slowed to the lowest level in 16 months. While activity in the manufacturing space unexpectedly increased, from 50.2 in March to 50.7 in April, services activity growth slowed sharply, dragging the overall index down to 51.2 from 53.5 in the prior month (readings above 50 indicate expansion, while readings below 50 signal contraction).
Elsewhere, the University of Michigan reported that its final Index of Consumer Sentiment reading for April was 52.2, higher than a previous estimate but still 8% lower than March. Surveys of Consumers Director Joanne Hsu noted that βexpectations have fallen a precipitous 32% since January, the steepest three-month percentage decline seen since the 1990 recession,β with consumers citing βongoing uncertainty around trade policy and the potential for a resurgence of inflation.β Expectations for inflation in the year ahead surged to 6.5%, up from 5% in March and the highest reading since 1981.
The week ahead: April 28-May 2
Earnings Calendar
All right, here is all the market information we would like to share with youοΌ
What news/movements are worth noting in the market today? Any stocks to watch?
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