Midday Market Surge: Tech Titans Propel Indices to New Heights

04/12/2024 11 min
Midday Market Surge: Tech Titans Propel Indices to New Heights

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Episode Synopsis

This midday market update for December 4, 2024, reports positive U.S. stock market movement, with the Dow, S&P 500, and Nasdaq reaching record highs driven by strong technology sector performance. Key performers include Salesforce and Marvell Technology, while Foot Locker underperformed. Economic data, including a weaker-than-expected ADP employment report and ISM Services Index, suggests a cooling economy. Technical analysis offers potential trading strategies for SPY, AAPL, and MRVL, including scalping, day trading, and swing trade opportunities. The report concludes with a disclaimer emphasizing that the information provided is not financial advice.📊 For detailed charts and full technical analysis, visit:👉 TradingView Profile - BullBearInsightsStay ahead of the market and access expert insights to guide your trading decisions! Hosted on Acast. See acast.com/privacy for more information.