Stock Market Update Friday November 15, 2024

Stock Market Update Friday November 15, 2024 The equity markets faced notable selling pressure as the S&P 500 and Nasdaq 100 recorded declines of 1.4% and 2.4%, respectively, while the Dow Jones Industrial Average shed 300 points to close lower on Friday. This pullback hindered momentum from the postelection rally, with all major indices ending the week firmly in the red.

In the fixed-income space, the Treasury yield curve saw a modest steepening. The two-year yield dropped three basis points to 4.31%, while the 30-year yield inched higher to 4.60%, up from 4.58% in the prior session. WTI crude oil declined, settling at $67 per barrel, reflecting ongoing bearish sentiment in the energy markets. Meanwhile, gold continued its downward trajectory, trading at $2,562 per ounce. In the cryptocurrency sphere, Bitcoin surged sharply, climbing to an impressive $91,400, reflecting heightened volatility and investor interest. The VIX, Wall Street’s so-called "fear gauge," spiked above 16, gaining nearly two points on the day, signaling rising market uncertainty.

🚀 **Palantir Technologies ($PLTR) Soars to Record Highs!** 🚀

Today's close marks a **new all-time high** for Palantir, as the company continues to demonstrate its innovation in AI and data analytics. 🌟💼

Investors are clearly bullish on Palantir's ability to redefine industries with cutting-edge solutions. With momentum like this, the future looks **bright and data-driven**! 📊✨

📈 **How high do you think Palantir can go?** Let us know in the comments! #Palantir #TechStocks #AIInnovation #RecordHighs