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Tansy_Gold

(18,025 posts)
Wed May 29, 2024, 04:27 PM May 2024

STOCK MARKET WATCH: Thursday, 30 May 2024

STOCK MARKET WATCH: Thursday, 30 May 2024



Previous SMW:
SMW for 29 May 2024




AT THE CLOSING BELL ON 29 May 2024


Dow Jones 38,441.54 -411.32 (1.06%)
S&P 500 5,266.95 -39.09 (0.74%)
Nasdaq 16,920.58 -99.30 (0.58%)





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Market Conditions During Trading Hours:

Google Finance
MarketWatch
Bloomberg
Stocktwits

(click on links for latest updates)


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Currencies:






(Awaiting new links)


Gold & Silver:

(Awaiting new links)


Petroleum:



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Quote for the Day:

Not every German who bought a copy of Mein Kampf necessarily read it. I have heard many a Nazi stalwart complain that it was hard going and not a few admit—in private—that they were never able to get through to the end of its 782 turgid pages. But it might be argued that had more non-Nazi Germans read it before 1933 and had the foreign statesmen of the world perused it carefully while there still was time, both Germany and the world might have been saved from catastrophe. For whatever other accusations can be made against Adolf Hitler, no one can accuse him of not putting down in writing exactly the kind of Germany he intended to make if he ever came to power and the kind of world he meant to create by armed German conquest.

William L. Shirer. The Rise and Fall of the Third Reich: A History of Nazi Germany. Simon & Schuster. © 1960.





This thread contains opinions and observations. Individuals may post their experiences, inferences and opinions on this thread. However, it should not be construed as advice. It is unethical (and probably illegal) for financial recommendations to be given here.

6 replies = new reply since forum marked as read
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STOCK MARKET WATCH: Thursday, 30 May 2024 (Original Post) Tansy_Gold May 2024 OP
Growth tech, which is to say AI, continues to climb apace with pauses for earnings bucolic_frolic May 2024 #1
It's up! Hugin May 2024 #2
Tomorrow may not be so early Tansy_Gold May 2024 #3
Limited wifi where i am now Tansy_Gold May 2024 #5
Okay! Hugin May 2024 #6
DJT is Fed Shopping... Hugin May 2024 #4

bucolic_frolic

(45,767 posts)
1. Growth tech, which is to say AI, continues to climb apace with pauses for earnings
Wed May 29, 2024, 04:44 PM
May 2024

all else fluctuates. Growth funds have a lot of tech now, and value funds show signs of revival when tech falters, then fall back. Dog stocks are just sitting there. Conservative cyclicals subject to inflationary pressures are lagging - I'm thinking McDonald's and Kraft Heinz. Many stocks make a run on good news only to fall back.

Hugin

(34,293 posts)
2. It's up!
Wed May 29, 2024, 08:45 PM
May 2024

By golly, TG. I owe you a medal, certificate, or something.

Heh. Or maybe I could update the SMW template and change the ancient Welcome to Economy Forum post.

Tansy_Gold

(18,025 posts)
3. Tomorrow may not be so early
Wed May 29, 2024, 09:01 PM
May 2024

It just depends on how much time I have tomorrow afternoon and whether there's good wifi access.

But I will definitely give it my best shot, and if for some reason it's not possible, I'll let you know.

We have a tradition to uphold here!

(Although, a new welcome message would be nice. . . . . . )

Tansy_Gold

(18,025 posts)
5. Limited wifi where i am now
Thu May 30, 2024, 04:31 PM
May 2024

Hugin: Can you pick up for today? Even email here isn't working, so I hope this posts.

Hugin

(34,293 posts)
4. DJT is Fed Shopping...
Thu May 30, 2024, 11:43 AM
May 2024

Yes, these avowed free marketeers are looking for some authoritative crackdowns on the free market in the Republic of… * checking notes * Louisiana.

Yep, on par with the trading capitols of the world such as London, Chicago, and NYC. Louisiana with it’s acting like a House Speaker is sure to throw the criminal world markets back on their heels.


“May 28 (Reuters) - The company that owns Donald Trump's social media platform Truth Social said on Tuesday it has sent a letter to the commissioner of the Louisiana Office of Financial Institutions to open an investigation into alleged "illicit activities" in the trading of its shares.

The letter, from Trump Media and Technology Group's (TMTG) (DJT.O), opens new tab CEO Devin Nunes to Commissioner Scott Jolly, asks the office to look into any kind of market manipulation and, particularly, whether the trading has violated Louisiana Securities Law.”



https://www.reuters.com/business/media-telecom/trump-media-asks-louisiana-investigate-trading-its-shares-2024-05-28/

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