Daily global market review

The week concluded with a bullish tone in the stock market, primarily driven by robust performances from mega-cap stocks and semiconductor stocks. Taiwan Semiconductor Manufacturing Co.'s favorable October sales update boosted semiconductor stocks, with the PHLX Semiconductor Index surging by 4.0%. This positive momentum extended to major indices, all closing near their day highs, propelling the S&P 500 above the 4,400 mark. The Vanguard Mega Cap Growth ETF and the major tech giants, including Apple, Microsoft, Amazon and NVIDIA, saw notable gains, contributing to the market's overall uptrend.

Despite an initial subdued market response to rising Treasury yields linked to the release of the preliminary November University of Michigan Index of Consumer Sentiment, equities experienced increased buying activity around 11:00 a.m. ET. The sentiment report revealed a decline to 60.4 from October's 63.8, accompanied by an uptick in year-ahead inflation expectations to 4.4% and five-year inflation expectations to 3.2%. This shift in inflation expectations could influence the Federal Reserve's stance on further tightening measures. The 10-year note yield, starting at 4.59%, remained unchanged at 4.63% after the data release.

The market demonstrated broad-based strength, with 26 out of 30 Dow components and all 11 S&P 500 sectors closing in positive territory. The information technology sector led the gains, driven by notable performances from Apple, Microsoft, and NVIDIA. Despite the positive market sentiment, the defensive-oriented utilities and healthcare sectors saw more modest gains.

In summary, the stock market witnessed a rally, buoyed by the strength of mega-cap and semiconductor stocks, pushing major indices to close at or near their day highs. The positive momentum was sustained despite initial market caution related to rising Treasury yields and the University of Michigan consumer sentiment report indicating increased inflation expectations.

In the United States, key stock indices are reported with the Dow standing at 34,283.23, reflecting a positive change of +391.29 (1.15%), the S&P 500 at 4,415.28 with a change of +67.93 (1.56%), and the NASDAQ at 13,798.11, indicating an increase of +276.66 (2.05%). Additionally, the VIX is at 14.26, experiencing a decrease of -1.03 (6.74%), and the Russell 2000 is at 1,705.33, showing a positive change of +18.09 (1.07%). In Canada, the S&P/TSX Composite is at 19,641.32, with a change of +53.91 (0.28%), and the S&P/TSX 60 stands at 1,183.32, reflecting a positive change of +2.71 (0.23%). In Brazil, the BOVESPA index is at 120,622.05, experiencing a positive change of +1,587.91 (1.33%), while in Chile, the S&P IPSA is at 5,618.68, with a decrease of -11.95 (0.21%). In Mexico, the S&P/BMV IPC is at 51,288.30, showing a positive change of +217.27 (0.43%).

European indices report the STOXX Europe 50 at 3,867.43, indicating a decrease of -39.60 (1.01%), the STOXX Europe 600 at 443.31, with a decrease of -4.49 (1.00%), and the FTSE 250 in the United Kingdom at 17,853.09, reflecting a decrease of -184.76 (1.02%). The FTSE 100 in the United Kingdom is at 7,360.55, showing a decrease of -95.12 (1.28%). In Germany, the DAX is at 15,234.39, experiencing a decrease of -118.15 (0.77%), while in Italy, the FTSE MIB is at 28,504.43, with a decrease of -139.66 (0.49%). The CAC 40 in France stands at 7,045.04, indicating a decrease of -68.62 (0.96%), and the SMI in Switzerland is at 10,555.35, reflecting a decrease of -89.64 (0.84%).

In Asian markets, the Nikkei 225 in Japan is at 32,568.11, with a decrease of -78.35 (0.24%), and the Hang Seng in Hong Kong stands at 17,203.26, reflecting a decrease of -308.03 (1.76%). In China, the Shanghai Composite is at 3,038.97, indicating a decrease of -14.31 (0.47%), and the Shenzhen Composite is at 9,978.54, showing a decrease of -53.54 (0.53%). The S&P/ASX 200 in Australia is at 6,976.50, reflecting a decrease of -38.40 (0.55%), while the KOSPI in South Korea stands at 2,409.66, showing a decrease of -17.42 (0.72%). In Taiwan, the Taiwan SE is at 16,682.67, indicating a decrease of -62.98 (0.38%), and the Bombay Sensex in India is at 64,904.68, reflecting a positive change of +72.48 (0.11%).

On November 10th, the Indian stock market indices exhibited diverse movements. The BSE MidCap index recorded a +0.33% increase, closing at 32,566.13, with a high of 32,592.41 and a low of 32,264.80. Meanwhile, the BSE Sensex witnessed a +0.11% uptick, concluding at 64,904.68, reaching a high of 65,014.06 and a low of 64,580.95. The BSE SmallCap index displayed a +0.38% increase, ending at 38,378.76, with a high of 38,406.22 and a low of 38,170.43. The India VIX, indicating market volatility, noted a +1.14% change, closing at 11.1075, with a high of 11.3575 and a low of 9.8600 on November 10th. Furthermore, the NIFTY Midcap 100 index experienced a +0.48% increase, concluding at 40,733.05, touching a high of 40,778.10 and a low of 40,297.25. The NIFTY Smallcap 100 segment recorded a +0.47% uptick, closing at 13,365.20, with a high of 13,382.75 and a low of 13,250.85. The Nifty Smallcap 50 index displayed a +0.51% change, concluding at 6,228.30, reaching a high of 6,239.20 and touching a low of 6,170.60. Conversely, the Nifty 100 index showed a +0.16% change, closing at 19,444.80, with a high of 19,468.75 and a low of 19,344.90 on November 10th. Similarly, the Nifty 200 ended the day at 10,457.55, with a high of 10,469.40 and a low of 10,395.40, reflecting a +0.21% change and an increase of 21.75 points. On the other hand, the Nifty 50 index posted a modest +0.15% change, closing at 19,425.35, with a high of 19,451.30 and a low of 19,329.45 on November 10th. The Nifty 50 USD recorded a +0.07% change, closing at 8,074.84, on November 10th, with no high-low range specified. Similarly, the Nifty 50 Value 20 showed a +0.12% change, ending at 10,219.60, with a high of 10,232.80 and a low of 10,177.30. The Nifty 500 index closed at 17,256.60, showing a +0.22% change, with a high of 17,274.90 and a low of 17,156.85 on November 10th. In the midcap segment, the Nifty Midcap 150 displayed a +0.37% change, concluding at 15,199.15, with a high of 15,212.90 and a low of 15,058.20. The Nifty Midcap 50 showed a +0.51% change, ending the day at 11,613.75, with a high of 11,625.55 and a low of 11,481.55. In contrast, the Nifty Next 50 displayed a modest +0.14% change, closing at 45,724.20, with a high of 45,767.50 and a low of 45,378.50 on November 10th. The Nifty Smallcap 250 index showed a +0.42% change, closing at 12,547.05, with a high of 12,558.40 and a low of 12,458.10. The S&P BSE ALLCAP recorded a +0.18% change, closing at 7,949.18, with a high of 7,957.71 and a low of 7,906.64. The S&P BSE-100 index experienced a minor +0.10% change, ending at 19,979.57, with a high of 20,007.75 and a low of 19,880.20. Similarly, the S&P BSE-200 displayed a +0.14% change, concluding at 8,559.52, with a high of 8,570.13 and a low of 8,512.37. Finally, the S&P BSE-500 closed at 27,307.15, reflecting a +0.16% change, with a high of 27,337.92 and a low of 27,155.71.

• PLUG (Plug Power Inc.) experienced a price decrease of $2.40, amounting to a 40.51% change, with a trading volume of 207 million shares and a 52-week range between $3.22 and $18.88.
• TSLA (Tesla, Inc.) saw a price increase of $4.77, resulting in a 2.27% change, accompanied by a trading volume of 124 million shares and a 52-week range spanning from $101.81 to $299.29.
• PLTR (Palantir Technologies Inc. Class A) demonstrated a positive price shift of $1.37, equivalent to a 7.50% change. The trading volume stood at 87 million shares, and the 52-week range was between $5.92 and $20.24.
• AMD (Advanced Micro Devices, Inc.) witnessed a price rise of $5.23, reflecting a 4.61% change, with a trading volume of 67 million shares and a 52-week range from $60.05 to $132.83.
• U (Unity Software, Inc.) showed an increase of $1.87 in price, signifying a 7.39% change, accompanied by a trading volume of 48 million shares and a 52-week range spanning from $22.20 to $50.08.
• AAPL (Apple Inc.) experienced a positive price shift of $4.22, resulting in a 2.31% change, with a trading volume of 47 million shares and a 52-week range between $124.17 and $198.23.
• RIVN (Rivian Automotive, Inc. Class A) demonstrated a marginal price increase of $0.11, equivalent to a 0.72% change, with a trading volume of 45 million shares and a 52-week range from $11.68 to $35.73.
• TTD (Trade Desk, Inc. Class A) faced a notable price decrease of $12.18, reflecting a 15.86% change, accompanied by a trading volume of 40 million shares and a 52-week range between $41.20 and $91.85.
• MARA (Marathon Digital Holdings Inc.) recorded a positive shift in its price, with an increase of $0.35, translating to a 3.79% change. The trading volume for MARA amounted to 39 million shares, and its 52-week range extends from $3.11 to $19.88.
• F (Ford Motor Company) witnessed a price increase of $0.16, indicating a 1.60% change, with a trading volume of 38 million shares and a 52-week range between $9.63 and $15.42.
• DRCT (Direct Digital Holdings, Inc. Class A) exhibited a price increase of $1.44, representing a 55.17% change. The trading volume for DRCT amounted to 22 million shares, and the 52-week range was between $1.96 and $6.53.
• OPTX (Syntec Optics Holdings, Inc. Class A) demonstrated a positive shift in price, with an increase of $1.58, equivalent to a 39.87% change. The trading volume for OPTX stood at 1 million shares, and the 52-week range extended from $3.65 to $19.50.
• FTEL (Fitell Corporation) recorded a price increase of $0.67, signifying a 31.46% change. The trading volume for FTEL was 716,000 shares, and its 52-week range ranged from $0.93 to $5.26.
• CAUD (Collective Audience, Inc.) witnessed a price rise of $0.67, indicating a 29.65% change, with a trading volume of 3 million shares and a 52-week range between $1.86 and $38.40.
• TLS (Telos Corporation) demonstrated a positive price shift of $0.90, resulting in a 29.44% change. The trading volume for TLS amounted to 2 million shares, and its 52-week range spanned from $1.53 to $5.39.
• VZIO (VIZIO Holding Corp. Class A) showed an increase of $1.39 in price, translating to a 26.42% change, accompanied by a trading volume of 3 million shares and a 52-week range between $4.82 and $11.60.
• MLGO (MicroAlgo, Inc.) faced a positive price shift, with an increase of $0.66, reflecting a 25.68% change. The trading volume for MLGO was 286,000 shares, and its 52-week range extended from $1.12 to $71.50.
• BLNK (Blink Charging Co) recorded a price increase of $0.60, equivalent to a 24.39% change. The trading volume for BLNK amounted to 20 million shares, and its 52-week range ranged from $2.22 to $15.42.
• GMM (Global Mofy Metaverse Ltd.) demonstrated a positive shift in its price, with an increase of $2.41, amounting to a 22.11% change. The trading volume for GMM was 68,000 shares, and the 52-week range extended from $4.55 to $15.47.
• LEGH (Legacy Housing Corporation) witnessed a substantial price increase of $3.91, signifying a 21.19% change. The trading volume for LEGH amounted to 113,000 shares, and its 52-week range ranged from $16.38 to $25.30.
• TWOU (2U, Inc.) experienced a price decrease of $1.33, reflecting a 56.09% change. The trading volume for TWOU amounted to 14 million shares, and the 52-week range extended from $0.90 to $13.15.
• BW (Babcock & Wilcox Enterprises Inc) recorded a price decrease of $1.27, signifying a 54.98% change. The trading volume for BW was 9 million shares, and its 52-week range ranged from $1.02 to $6.83.
• AIRG (Airgain, Inc.) faced a price decline of $1.42, resulting in a 45.81% change, with a trading volume of 372,000 shares and a 52-week range between $1.63 and $8.50.
• PLUG (Plug Power Inc.) showed a decrease in price, with a loss of $2.41, equivalent to a 40.64% change. The trading volume for PLUG amounted to 210 million shares, and its 52-week range extended from $3.22 to $18.88.
• TMCI (Treace Medical Concepts, Inc.) witnessed a significant price decrease of $3.82, signifying a 38.15% change. The trading volume for TMCI amounted to 8 million shares, and its 52-week range ranged from $5.27 to $27.97.
• MNTK (Montauk Renewables, Inc.) experienced a price drop of $3.81, resulting in a 37.21% change. The trading volume for MNTK was 736,000 shares, and its 52-week range extended from $5.46 to $13.18.
• FBIO (Fortress Biotech, Inc.) faced a price decline of $0.77, reflecting a 37.02% change. The trading volume for FBIO was 1 million shares, and its 52-week range ranged from $1.24 to $17.40.
• GRPN (Groupon, Inc.) recorded a price decrease of $4.73, equivalent to a 34.97% change. The trading volume for GRPN amounted to 8 million shares, and its 52-week range ranged from $2.89 to $16.25.
• GDOT (Green Dot Corporation Class A) showed a decrease in price, with a loss of $4.01, resulting in a 33.94% change. The trading volume for GDOT was 2 million shares, and its 52-week range extended from $7.30 to $21.37.
• CREV (Carbon Revolution Public Limited Company) faced a notable price decline of $15.70, signifying a 28.70% change. The trading volume for CREV amounted to 48,000 shares, and its 52-week range ranged from $6.30 to $197.99.

Cryptocurrency prices include the Nasdaq Crypto Index at 2,079.61, indicating a positive change of +25.32 (1.23%). Bitcoin is priced at 37,251.00, showing an increase of +503.00 (1.37%), while Ether stands at 2,087.30, reflecting a decrease of -41.50 (1.95%). Litecoin is at 72.96, with a decrease of -0.73 (0.99%), and XRP is at 0.66, showing a decrease of -0.01 (1.01%).

In the currency market, the Euro to US Dollar rate is 1.0687, with a positive change of +0.00 (0.15%), and the British Pound to US Dollar rate is 1.2229, indicating a positive change of (0.03%). The US Dollar to Canadian Dollar rate is 1.3797, with a decrease of (0.06%), and the US Dollar to Swiss Franc rate is 0.9022, reflecting a decrease of (0.09%). The US Dollar to Japanese Yen rate is 151.5190, with a positive change of +0.19 (0.12%).

Bonds and rates report yields with the 3 Month Treasury at 5.268%, showing a positive change of +0.023. The 2 Year Treasury is at 5.041%, with a positive change of +0.008, and the 5 Year Treasury is at 4.655%, indicating a positive change of +0.007. The 10 Year Treasury is at 4.610%, showing a decrease of -0.023, while the 30 Year Treasury is at 4.735%, reflecting a decrease of -0.041.

The Bloomberg Commodity Index (BCOMTR) stands at 231.56, experiencing a slight decline of -1.23 (-0.53%) from its previous value. Similarly, the UBS Bloomberg CMCI (CMCITR) is at 1,521.41, reflecting a decrease of -2.45 (-0.16%). The Reuters/Jefferies CRB (CRYTR) shows a minimal increase of +0.03 (+0.01%) and is now at 310.05. Meanwhile, the Rogers International (RICIGLTR) index remains unchanged at 3,710.24.

In the energy sector, WTI Crude Oil (CL1:COM) is trading at 77.27 USD/bbl., recording a positive change of +1.53 (+2.02%). Brent Crude (CO1:COM) stands at 81.55 USD/bbl., reflecting an increase of +1.54 (+1.92%). RBOB Gasoline (XB1:COM) is at 218.54 USd/gal., with a change of +2.46 (+1.14%). Natural Gas (NG1:COM) is currently at 3.04 USD/MMBtu, showing a negligible change of 0.00 (-0.03%). Heating Oil (HO1:COM) registers at 274.97 USd/gal., up by +3.06 (+1.13%).

Moving to precious and industrial metals, Gold (GC1:COM) is priced at 1,939.90 USD/t oz., experiencing a decrease of -29.90 (-1.52%). Silver (SI1:COM) is at 22.27 USD/t oz., reflecting a decline of -0.64 (-2.79%). Copper (HG1:COM) is at 359.50 USd/lb., down by -4.55 (-1.25%). Platinum Spot (XPTUSD:CUR) stands at 845.70 USD/t oz., with a change of -17.50 (-2.03%).

In the agricultural sector, Corn (C 1:COM) is at 464.00 USd/bu., showing a decrease of -4.00 (-0.85%). Wheat (W 1:COM) is at 576.00 USd/bu., with a change of -4.75 (-0.82%). Cocoa (CC1:COM) is at 4,014.00 USD/MT, reflecting an increase of +42.00 (+1.06%). Cotton #2 (CT1:COM) is priced at 79.50 USd/lb., with a positive change of +0.29 (+0.37%). Live Cattle (LC1:COM) stands at 174.58 USd/lb., showing a minimal change of +0.10 (+0.06%).

• Equity Market Movement: The equity markets, particularly in the U.S., are expected to remain mixed, with the TSX showing little change. U.S. indexes are currently higher due to modestly lower bond yields. The recent pullback was triggered by hawkish remarks from Fed Chair Powell and a weak bond auction. The market may continue to be influenced by rate volatility, and the direction of stocks will likely depend on central bank actions and rate expectations.
• Interest Rates and Central Banks: The data suggests that central banks and interest rates will continue to play a crucial role in shaping investor sentiment and influencing stock market movements. The Fed Chair's recent remarks indicate a cautious approach to declaring victory on inflation, introducing some uncertainty about the policy outlook. While the bias is towards the end of the tightening campaign, the possibility of rate cuts remains open. The Fed may likely pause and evaluate the impact of prior rate hikes before potentially cutting rates in the second half of 2024. The Bank of Canada (BoC) may follow a similar trajectory, possibly cutting rates earlier if the economic slowdown is more pronounced.
• Inflation Focus: In the coming week, inflation is expected to be a focal point. The U.S. Consumer Price Index (CPI) is anticipated to fall to 3.3% in October from 3.7%, influenced by lower energy prices. Core inflation may stay unchanged at 4.1%. The ongoing moderation in inflation is predicted to be driven by a slowdown in wage growth and cooling housing inflation. This suggests that inflation dynamics will be closely monitored by investors and could impact market movements.
• Earnings Outlook: The upcoming week is expected to provide insights into consumer-spending trends, with major retailers such as Walmart, Target, and Home Depot scheduled to report earnings. This information could influence market sentiment, especially in sectors related to consumer spending. The continuation of trends favoring growth-style investments and mega-cap tech stocks is anticipated, indicating a potential preference for established winners in the market.
• Global Markets and Economic Indicators: Overseas markets, particularly Asian equities, may continue to lag, influenced by China's slipping Consumer Price Index into deflation. Oil prices are predicted to be higher, although set to fall for the third straight week. The global economic landscape, including factors like inflation and oil prices, will likely contribute to market movements.

Previous update:

In today's trading session, market activities initially mirrored recent patterns, with major indices trading within narrow ranges as participants eagerly awaited the outcomes of the $24 billion 30-year bond auction at 1:00 p.m. ET and Fed Chair Powell's IMF panel discussion at 2:00 p.m. ET. However, the tone shifted as selling intensified in response to the weaker-than-expected demand revealed in the bond auction results. This led to a notable downturn in both stocks and Treasury yields, particularly the 10-year note and 30-year bond yields, which rose by 11 and 12 basis points, respectively, from the previous day's settlement.

As Fed Chair Powell addressed the IMF panel, his comments reiterated points made during his post-FOMC press conference on November 1. The broad decline in major indices, including previously robust mega-cap stocks that had supported gains earlier in the week, marked a significant pullback that many anticipated. Despite today's losses, the S&P 500 and Nasdaq Composite still show month-to-date gains of 3.7% and 5.2%, respectively, as of November.

The Dow Jones Industrial Average experienced the smallest decline among major indices, partly attributed to a substantial increase in Disney (DIS) shares, which rose by 6.9% following positive earnings reports. However, all 11 S&P 500 sectors closed in negative territory, with losses ranging from 0.2% in industrials to 2.1% in health care.

Economic data for the day included weekly initial claims of 217K, slightly below the consensus of 220K, while continuing claims reached their highest level since April. The market movements were also influenced by the disappointing 30-year bond auction and comments from Fed Chair Powell. In summary, the day saw an extension of winning streaks for the S&P 500 and Nasdaq, contributing to expectations of a consolidation period, with market participants digesting a substantial batch of earnings reports.

The current market data reflects various indices and indicators across global financial markets. In the United States, the Dow stands at 33,891.94, experiencing a decrease of 220.33 points, resulting in a 0.65% change. The S&P 500 is recorded at 4,347.35, reflecting a decline of 35.43 points, equivalent to a 0.81% change. The NASDAQ is at 13,521.45, showing a decrease of 128.97 points, indicating a 0.94% change. The VIX in the United States is at 15.29, with an increase of 0.84, translating to a 5.81% change. The Russell 2000 reports 1,687.24, marking a decline of 26.83 points, resulting in a 1.57% change. In Canada, the S&P/TSX Composite is at 19,587.41, with an increase of 57.20 points, reflecting a 0.29% change, while the S&P/TSX 60 stands at 1,180.61, showing a 0.38% change with an increase of 4.51 points. In Brazil, the BOVESPA index is at 119,034.14, reflecting a decrease of 142.53 points, equivalent to a 0.12% change. In Chile, the S&P IPSA index is at 5,630.63, experiencing a decrease of 17.32 points, resulting in a 0.31% change. In Mexico, the S&P/BMV IPC index is at 51,089.57, with an increase of 73.27 points, indicating a 0.14% change.

Moving to European markets, the STOXX Europe 50 is at 3,907.03, showing an increase of 22.93 points, resulting in a 0.59% change. The STOXX Europe 600 stands at 447.80, with an increase of 3.73 points, reflecting a 0.84% change. In the United Kingdom, the FTSE 250 is recorded at 18,037.85, experiencing an increase of 191.59 points, equivalent to a 1.07% change, while the FTSE 100 stands at 7,455.67, showing a 0.73% change with an increase of 53.95 points. In Germany, the DAX is at 15,352.54, reflecting an increase of 122.94 points, resulting in a 0.81% change. In Italy, the FTSE MIB is at 28,644.09, with an increase of 210.76 points, indicating a 0.74% change. The CAC 40 in France is recorded at 7,113.66, showing an increase of 79.50 points, equivalent to a 1.13% change. In Switzerland, the SMI stands at 10,644.99, with an increase of 49.93 points, reflecting a 0.47% change.

In Asian markets, the Nikkei 225 in Japan is at 32,646.46, showing an increase of 479.98 points, resulting in a 1.49% change. In Hong Kong, the Hang Seng index is at 17,511.29, reflecting a decrease of 57.17 points, equivalent to a 0.33% change. The Shanghai Composite in China stands at 3,053.28, with an increase of 0.91 points, indicating a 0.03% change, while the Shenzhen Composite is at 10,032.09, showing a decrease of 20.00 points, equivalent to a 0.20% change. The S&P/ASX 200 in Australia is recorded at 7,014.90, reflecting a 0.00% change with no point difference. In South Korea, the KOSPI is at 2,427.08, showing an increase of 5.46 points, resulting in a 0.23% change. The Taiwan SE in Taiwan stands at 16,745.65, with an increase of 4.82 points, indicating a 0.03% change. In India, the Bombay Sensex is at 64,832.20, reflecting a decrease of 143.41 points, equivalent to a 0.22% change.

On November 9th, the Indian stock market indices witnessed varied movements. The BSE MidCap index showed a marginal +0.06% increase, closing at 32,460.25, with a high of 32,575.10 and a low of 32,438.42. Conversely, the BSE Sensex experienced a -0.22% decline, concluding at 64,832.20, reaching a high of 65,046.56 and a low of 64,768.76. The BSE SmallCap index displayed a -0.27% decrease, ending at 38,233.60, while noting a high of 38,487.14 and a low of 38,217.92. The India VIX, representing market volatility, recorded a -0.50% change, closing at 10.9825, with a high of 11.2525 and a low of 10.3700 on November 9th. Moreover, the NIFTY Midcap 100 index saw a +0.22% increase, concluding at 40,537.65, touching a high of 40,680.90 and a low of 40,454.60. The NIFTY Smallcap 100 segment experienced a -0.24% decrease, closing at 13,303.15, with a high of 13,398.90 and a low of 13,292.00. The Nifty Smallcap 50 index displayed a modest +0.16% change, concluding at 6,196.45, reaching a high of 6,220.60 and touching a low of 6,187.15. In contrast, the Nifty 100 index showed a slight -0.29% change, closing at 19,413.80, with a high of 19,494.45 and a low of 19,398.60 on November 9th. Similarly, the Nifty 200 ended the day at 10,435.80, with a high of 10,474.05 and a low of 10,428.50, reflecting a -0.21% change and a decrease of 22.15 points. On the other hand, the Nifty 50 index posted a minor -0.25% change, closing at 19,395.30, with a high of 19,463.90 and a low of 19,378.35 on November 9th. The Nifty 50 USD recorded a -0.25% change, closing at 8,068.88, on November 9th, with no high-low range specified. Similarly, the Nifty 50 Value 20 showed a slight -0.52% change, ending at 10,207.85, with a high of 10,286.35 and a low of 10,200.10. The Nifty 500 index closed at 17,218.90, showing a -0.24% change, with a high of 17,288.60 and a low of 17,209.55 on November 9th. In the midcap segment, the Nifty Midcap 150 displayed a marginal +0.03% change, concluding at 15,142.80, with a high of 15,199.80 and a low of 15,132.00. The Nifty Midcap 50 showed a +0.47% change, ending the day at 11,554.55, with a high of 11,593.55 and a low of 11,514.25. In contrast, the Nifty Next 50 displayed a notable -0.51% change, closing at 45,660.40, with a high of 46,011.25 and a low of 45,628.15 on November 9th. The Nifty Smallcap 250 index showed a -0.29% change, closing at 12,494.35, with a high of 12,581.20 and a low of 12,481.50. The S&P BSE ALLCAP recorded a -0.20% change, closing at 7,935.04, with a high of 7,967.16 and a low of 7,931.65. The S&P BSE-100 index experienced a minor -0.23% change, ending at 19,959.91, with a high of 20,036.04 and a low of 19,945.70. Similarly, the S&P BSE-200 displayed a -0.19% change, concluding at 8,547.19, with a high of 8,578.31 and a low of 8,541.57. Finally, the S&P BSE-500 closed at 27,262.45, reflecting a -0.19% change, with a high of 27,369.44 and a low of 27,248.79.

• Tesla, Inc. (TSLA) is currently priced at $209.98, reflecting a decrease of $12.13 or -5.46%. The trading volume for TSLA stands at 141 million, and its 52-week price range is between $101.81 and $299.29.
• Marathon Digital Holdings Inc (MARA) is priced at $9.23, with a positive change of $0.68 or 7.95%. The trading volume for MARA is 90 million, and its 52-week range is $3.11 to $19.88.
• SoFi Technologies Inc (SOFI) has a current price of $6.85, showing a decrease of $0.46 or -6.29%. The trading volume for SOFI is 85 million, and its 52-week range is $4.24 to $11.70.
• Rivian Automotive, Inc. Class A (RIVN) is priced at $15.33, with a decrease of $1.67 or -9.82%. The trading volume for RIVN is 67 million, and its 52-week range is $11.68 to $35.73.
• AMC Entertainment Holdings, Inc. Class A (AMC) is priced at $8.71, reflecting a decrease of $1.38 or -13.68%. The trading volume for AMC is 63 million, and its 52-week range is $7.05 to $80.74.
• Advanced Micro Devices, Inc. (AMD) is currently priced at $113.49, with a slight decrease of $0.10 or 0.09%. The trading volume for AMD is 61 million, and its 52-week range is $59.80 to $132.83.
• Ford Motor Company (F) is priced at $9.70, showing a decrease of $0.35 or -3.48%. The trading volume for F is 59 million, and its 52-week range is $9.63 to $15.42.
• Tempest Therapeutics, Inc. (TPST) has a current price of $3.28, with a positive change of $0.46 or 16.31%. The trading volume for TPST is 56 million, and its 52-week range is $0.17 to $9.77.
• NVIDIA Corporation (NVDA) is priced at $469.50, showing a positive change of $3.76 or 0.81%. The trading volume for NVDA is 53 million, and its 52-week range is $137.59 to $502.66.
• Riot Platforms, Inc. (RIOT) is priced at $10.21, with a slight decrease of $0.07 or -0.68%. The trading volume for RIOT is 53 million, and its 52-week range is $3.25 to $20.65.
• Ramaco Resources, Inc. Class A (METC) is currently priced at $15.99, with a positive change of $4.29 or 36.67%. The trading volume for METC is 5 million, and its 52-week range is $5.94 to $16.52.
• Lantern Pharma, Inc. (LTRN) is priced at $3.73, showing a positive change of $0.93 or 33.21%. The trading volume for LTRN is 455,000, and its 52-week range is $2.38 to $6.20.
• Oncocyte Corporation (OCX) has a current price of $2.70, with a positive change of $0.62 or 29.71%. The trading volume for OCX is 94,000, and its 52-week range is $2.08 to $13.20.
• CSP Inc. (CSPI) is priced at $24.80, reflecting a positive change of $5.46 or 28.23%. The trading volume for CSPI is 28,000, and its 52-week range is $7.08 to $26.39.
• PubMatic, Inc. Class A (PUBM) is priced at $14.96, with a positive change of $2.86 or 23.64%. The trading volume for PUBM is 2 million, and its 52-week range is $10.92 to $20.08.
• Carrols Restaurant Group Inc (TAST) is currently priced at $7.63, showing a positive change of $1.41 or 22.67%. The trading volume for TAST is 4 million, and its 52-week range is $1.31 to $7.98.
• Duolingo, Inc. Class A (DUOL) has a current price of $203.02, with a positive change of $35.75 or 21.37%. The trading volume for DUOL is 3 million, and its 52-week range is $64.73 to $203.51.
• Vertex, Inc. Class A (VERX) is priced at $27.11, reflecting a positive change of $4.71 or 21.03%. The trading volume for VERX is 2 million, and its 52-week range is $11.92 to $27.38.
• Lantronix, Inc. (LTRX) is priced at $4.86, with a positive change of $0.81 or 20.00%. The trading volume for LTRX is 454,000, and its 52-week range is $3.52 to $5.87.
• LiveRamp Holdings, Inc. (RAMP) is currently priced at $36.00, showing a positive change of $6.00 or 20.00%. The trading volume for RAMP is 1 million, and its 52-week range is $17.82 to $36.76.
• Enviva Inc (EVA) is currently priced at $0.85, reflecting a decrease of $2.99 or -77.86%. The trading volume for EVA is 25 million, and its 52-week range is $0.79 to $61.99.
• Davis Commodities Limited (DTCK) is priced at $2.03, with a decrease of $4.95 or -70.92%. The trading volume for DTCK is 8 million, and its 52-week range is $1.70 to $9.00.
• Ikena Oncology, Inc. (IKNA) has a current price of $1.33, with a decrease of $2.80 or -67.80%. The trading volume for IKNA is 3 million, and its 52-week range is $1.02 to $7.64.
• WideOpenWest, Inc. (WOW) is priced at $3.19, showing a decrease of $4.21 or -56.89%. The trading volume for WOW is 4 million, and its 52-week range is $2.90 to $12.45.
• Cardlytics, Inc. (CDLX) is priced at $6.25, reflecting a decrease of $7.47 or -54.45%. The trading volume for CDLX is 7 million, and its 52-week range is $2.57 to $19.57.
• Assertio Holdings, Inc. (ASRT) is currently priced at $1.21, with a decrease of $0.92 or -43.19%. The trading volume for ASRT is 11 million, and its 52-week range is $1.08 to $8.01.
• Cutera, Inc. (CUTR) is priced at $1.85, showing a decrease of $1.37 or -42.55%. The trading volume for CUTR is 4 million, and its 52-week range is $1.69 to $52.89.
• FREYR Battery (FREY) is priced at $2.07, reflecting a decrease of $1.28 or -38.21%. The trading volume for FREY is 14 million, and its 52-week range is $2.04 to $15.80.
• NuScale Power Corporation Class A (SMR) is priced at $2.08, with a decrease of $1.02 or -32.90%. The trading volume for SMR is 7 million, and its 52-week range is $1.81 to $12.14.
• James River Group Holdings Ltd (JRVR) is currently priced at $8.84, showing a decrease of $4.31 or -32.78%. The trading volume for JRVR is 2 million, and its 52-week range is $8.15 to $24.92.

In the realm of cryptocurrencies, the Nasdaq Crypto Index is at 2,051.52, showing an increase of 81.41 points, resulting in a 4.13% change. Bitcoin is recorded at 36,624.00, reflecting an increase of 833.00 points, indicating a 2.33% change. Ether stands at 2,074.40, with an increase of 182.90 points, showing a 9.67% change. Litecoin is at 71.42, experiencing a decrease of 1.77 points, equivalent to a 2.42% change. XRP stands at 0.66, showing a decrease of 0.03 points, resulting in a 3.93% change.

Finally, in the currency market, the Euro to US Dollar exchange rate is at 1.0668, reflecting a 0.40% change. The British Pound to US Dollar exchange rate stands at 1.2221, with a decrease of 0.54%. The US Dollar to Canadian Dollar exchange rate is at 1.3814, showing an increase of 0.14%. The US Dollar to Swiss Franc exchange rate stands at 0.9037, with an increase of 0.47%. The US Dollar to Japanese Yen exchange rate is at 151.3560, showing an increase of 0.31%.

In the domain of bonds and interest rates, the yields have undergone changes in the reported period. The 3 Month Treasury yield currently stands at 5.242%, reflecting a decrease of 0.008. The 2 Year Treasury yield has increased to 5.024%, showing a rise of 0.076. Similarly, the 5 Year Treasury yield has seen an uptick to 4.645%, with a change of 0.111. The 10 Year Treasury yield is now at 4.636%, experiencing an increase of 0.120. Finally, the 30 Year Treasury yield stands at 4.771%, marking a rise of 0.132. These adjustments in yields across different Treasury periods indicate shifts in the fixed-income market during the specified timeframe.

In the current market overview, various commodity indices are showing fluctuations in values and percentage changes. The Bloomberg Commodity Index (BCOMTR:IND) experienced a marginal decrease of 0.16%, settling at 232.79, with a high of 234.08 and a low of 232.54. The UBS Bloomberg CMCI (CMCITR:IND) also saw a slight decline of 0.17%, reaching 1,523.86, with a high of 1,532.61 and a low of 1,523.33. The Reuters/Jefferies CRB (CRYTR:IND) exhibited a minimal increase of 0.01%, closing at 310.02, with a high and low of 310.02 and 309.98, respectively. Rogers International (RICIGLTR:IND) showed a decrease of 0.16%, settling at 3,706.71, with a high of 3,736.79 and a low of 3,706.19.

Moving on to energy commodities, WTI Crude Oil (CL1:COM) witnessed a slight increase of 0.27%, closing at 75.53 USD/bbl. for Dec 2023. Brent Crude (CO1:COM) also experienced a rise of 0.36%, reaching 79.83 USD/bbl. for Jan 2024. RBOB Gasoline (XB1:COM) showed a notable increase of 1.44%, settling at 215.91 USd/gal. for Dec 2023. Natural Gas (NG1:COM) exhibited a decrease of 2.35%, closing at 3.03 USD/MMBtu for Dec 2023. Heating Oil (HO1:COM) saw a decline of 1.21%, settling at 271.60 USd/gal. for Dec 2023.

In the Precious and Industrial Metals category, Gold (GC1:COM) reported a rise of 0.28%, closing at 1,963.20 USD/t oz. for Dec 2023. Gold Spot (XAUUSD:CUR) exhibited a 0.41% increase, settling at 1,958.16 USD/t oz. Silver (SI1:COM) experienced a slight decrease of 0.19%, closing at 22.69 USD/t oz. for Dec 2023. Copper (HG1:COM) reported a 0.18% decrease, settling at 363.15 USd/lb. for Dec 2023. Platinum Spot (XPTUSD:CUR) saw a more significant decrease of 1.11%, closing at 861.88 USD/t oz.

In the Agriculture sector, Corn (C 1:COM) exhibited a decrease of 1.58%, settling at 468.50 USd/bu. for Dec 2023. Wheat (W 1:COM) reported a decline of 1.77%, closing at 581.75 USd/bu. for Dec 2023. Cocoa (CC1:COM) showed a notable increase of 0.99%, settling at 3,972.00 USD/MT for Mar 2024. Cotton #2 (CT1:COM) experienced a rise of 2.18%, closing at 76.52 USd/lb. for Dec 2023. Live Cattle (LC1:COM) reported a decrease of 2.84%, settling at 174.30 USd/lb. for Dec 2023.

Scheduled for tomorrow, November 10, 2023, economic data releases include the following key events:

At 10:00 AM EST, the Consumer Sentiment report will provide insights into year-ahead inflation expectations, measured on an index scale. The impact of this event is categorized as medium. Comparing with the previous data, the forecast for this release is higher. The actual figures will be disclosed following the release.

Later, at 1:00 PM EST, the Baker Hughes Rig Count data will be unveiled, covering rig counts in the U.S., North America, Canada, and the Gulf of Mexico. This event holds a low impact on the market. In the last report, the rig counts were reported, respectively. The current figures will be disclosed upon release.

Finally, at 2:00 PM EST, the Treasury Statement will be disclosed, providing information on the balance. This event is considered to have a medium impact. In the previous report, the balance was recorded, and the forecast for the upcoming release is different. The actual figures will be available post-release. The information provided is accurate as of the last update on November 9 at 4:00:52 PM ET.

• Market Movement Predictions: Given the little change in stock prices at the market open and the stable oil prices, it's likely that the market will continue to hover around the flatline. Investors may remain cautious, with a focus on the 30-year U.S. Treasury auction later in the day and its potential impact on yields. The positive earnings report from Disney may contribute to a slight boost in market sentiment, particularly in the media and entertainment sector.
• China's Economic Outlook: The data indicating a decline in Chinese consumer price index (CPI) inflation in October may add to concerns about the challenging economic conditions in China. The muted response from Chinese markets suggests that investors might have anticipated or priced in this economic challenge. The actions taken by Chinese policymakers to stimulate economic and financial activities, as well as the IMF's revised growth forecast, might offer some reassurance, but it's likely that China's economic struggles will continue to impact emerging-market equity returns.
• Earnings Season Recap and Future Trends: With approximately 90% of S&P 500 companies having reported third-quarter earnings, the overall growth rate of over 4% year-over-year is a positive sign for the market. However, the lowered fourth-quarter earnings estimates compared to early October may indicate some caution or uncertainties in the market. The rebound in earnings from the consumer discretionary and communication services sectors is noteworthy, but the decline in the energy sector suggests the ongoing impact of lower crude oil prices. As the earnings season winds down, next week's reports from major retailers like Walmart, Target, and Home Depot will provide insights into consumer-spending trends, offering investors a closer look at the economic recovery's progress.