📈 Stocks Higher On Hopes The Fed Is Done Raising Rates

2023-11-29

Here's what is happening in the markets today, Wednesday, November 29th - Stock closed higher on hopes that the Fed is done raising rates - Affirm (AFRM) makes 52-week high - Is the Fed done hiking rates? - Fed Member Waller says “Yes” - Gold Prices are at highest level since May - Charlie Munger, Warren Buffet’s right hand man, dies at 99 - Month-to-Date Performance: Dow up 6.9%, S&P 500 up 8.5% and Nasdaq up 10.8% - Today’s major economic report: Preliminary GDP Report - VIX (Fear Index) at lowest ...

Here's what is happening in the markets today, Wednesday, November 29th

- Stock closed higher on hopes that the Fed is done raising rates

- Affirm (AFRM) makes 52-week high

- Is the Fed done hiking rates? - Fed Member Waller says “Yes”

- Gold Prices are at highest level since May

- Charlie Munger, Warren Buffet’s right hand man, dies at 99

- Month-to-Date Performance: Dow up 6.9%, S&P 500 up 8.5% and Nasdaq up 10.8%

- Today’s major economic report: Preliminary GDP Report

- VIX (Fear Index) at lowest level since Jan 2020

PLUS: How we trade these markets and our current positions

This wraps up today's stock market news.

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