πŸš€Market Marvels on Thursday!

🎒 Dow does a happy dance, rocketing up 332 points to 34,907! Nasdaq leaps up 112 to 13,926, and S&P 500 dashes up by 38 to 4,505. Not to be left behind, Russell 2000 races ahead with a 24-point surge.

πŸŽ‰ Arm’s stellar IPO is the star of the day! Zooming up by 25% to a whopping $63.59 on debut, it sprinkles fairy dust on the whole market.

🧐 Art Hogan of B. Riley says, β€œArm's grand debut? A shot of espresso for our market spirits after an 18-month lull!”

πŸ•› By midday:

  • Dow basks at 34,816.94, up 241.41
  • S&P 500 flutters to 4,495.92, up by 28.48
  • Nasdaq continues its merry jig, hopping up 90.08 points to 13,903.67.

πŸ“ˆ The economic plot thickens: US seems unstoppable with robust data signaling a soft Federal Reserve landing. But Mickey Levy throws a hint: "The inflation chase? Quite the Fed's tightrope walk!"

πŸŒ… Morning surprise:

  • Dow warms up 162.66 to 34,738.19
  • S&P 500 sees a sunrise boost, +22.27 to 4,489.71
  • Nasdaq's morning stretch? A cool 60.70-point climb to 13,874.29.

πŸ” Zooming in on the numbers:

  • Producer prices? They’re up, with a zesty 1.6% annual hike in August!
  • Jobs? Still the market's strong arm. Though jobless claims ticked up a smidgen, it’s less than the whispers said.
  • Consumers? Shopping bags out! August sales jump 0.6%.

πŸ“‰ On the flip side, RTX dives 2.5% to $73.67 after BofA plays the grinch, slashing their outlook.

🌞 Early birds got the news: US stocks, prepped to soar, eyeing the fresh economic buffet. And in the far East? China's banking tweak sprinkles some cheer on European stocks.

Hold tight! More market rollercoasters ahead! 🎑

‍

This is made for entertainment purposes only. This is no financial advice.