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- Business and Finance News - 9.24.24
Business and Finance News - 9.24.24
Good Morning, Students!
Imports refer to goods or services that are brought into a country from other nations, often to meet consumer demand or fill gaps in domestic production. These products can range from raw materials and food items to electronics and machinery. By facilitating trade, imports allow countries to access a wider variety of goods and services that may not be available locally, contributing to economic growth and consumer choice.
Take advantage of imported goods to find cost-effective alternatives and stretch your budget further.
-Mr. W
TOP STORIES
*Cloudflare (NET) - Cloudflare is a global web infrastructure and cybersecurity company that provides services to enhance website performance, security, and reliability.
*Apollo Global Management (APO) - Apollo Global Management is a global alternative investment management firm. It specializes in investing across various asset classes, including private equity, credit, and real assets.
*Intel (INTC) - Intel Corporation is a leading global technology company specializing in designing, manufacturing, and selling semiconductor chips.
*Northvolt - Northvolt is a Swedish company that designs and manufactures sustainable lithium-ion batteries, primarily for electric vehicles (EVs) and energy storage systems.
*Southwest Airlines (LUV) - Southwest Airlines is a major American airline known for its low-cost carrier model.
*StandardAero - StandardAero is an aviation maintenance, repair, and overhaul (MRO) provider that specializes in services for aircraft engines, components, and airframes.
THE MARKETS
Here’s how the major indexes did yesterday:
Dow Jones Industrial Average: 42,124.65 +61.29 (+0.15%)
S&P 500: 5,718.57 +16.02 (+0.28%)
Nasdaq Composite: 17,974.27 +25.95 (+0.14%)
Russell 2000: 2,220.28 -7.61 (-0.34%)
Here’s how leading market ETFs did yesterday:
SPDR S&P 500 ETF Trust (SPY): 569.67 +1.42 (+0.25%
iShares Core S&P 500 ETF (IVV): 574.58 +1.59 (+0.28%)
Invesco QQQ Trust (QQQ): 483.04 +1.28 (+0.27%)
Vanguard S&P 500 ETF (VOO): 525.17 +1.29 (+0.25%)
Vanguard Total Stock Market ETF (VTI): 282.16 +0.70 (+0.25%)
Here’s how The Magnificent Seven did yesterday:
Apple (AAPL) [3.473T]: 226.47 -1.73 (-0.76%)
Microsoft (MSFT) [3.222T]: 433.51 -1.76 (-0.40%)
Nvidia (NVDA) [2.865T]: 116.26 +0.26 (+0.22%)
Alphabet (GOOGL) [2.02T]: 161.85 -1.74 (-1.06%)
Amazon (AMZN) [2.018T]: 193.88 +2.28 (+1.19%)
Meta Platforms (META) [1.432T]: 564.41 +3.06 (+0.55%)
Tesla (TSLA) [797.29B]: 250.00 +11.75 (+4.93%)
Here’s how the major cryptocurrencies did yesterday:
Bitcoin (BTC): $63,083.65 (8:30PM PST on 9/23/24)
Ethereum (ETH): $2,623.60 (8:30PM PST on 9/23/24)
Solano (SOL): $146.25 (8:30PM PST on 9/23/24)
Disclaimer: This content is not intended as financial guidance. The purpose of this newsletter is purely educational, and it should not be interpreted as an encouragement to engage in buying, selling, or making any financial decisions regarding assets. Exercise caution and conduct your own research before making any investment choices.