Goodbye 2023, hello 2024
Wall Street Breakfast
Seeking Alpha
4.1 • 1K Ratings
🗓️ 29 December 2023
⏱️ 8 minutes
🧾️ Download transcript
Summary
Episode transcripts: seekingalpha.com/wsb
Show links:
Nasdaq, S&P, Dow experienced limited moves on the second to last trading day of 2023
Elon Musk’s Tesla likely to set up its first India manufacturing plant in Gujarat
Amazon, Meta, Booking, Uber on top at Wedbush in 2024
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Transcript
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| 0:00.0 | Welcome to Seeking Alpha's Wall Street breakfast, where we cover the top news for investors |
| 0:07.2 | every morning and afternoon. |
| 0:08.9 | Good morning, today is the last trading day of the year. |
| 0:11.5 | Happy Friday, December 29th. |
| 0:13.8 | I'm your host for today, Rina Sherbal, filling in for Julie Morgan, |
| 0:17.6 | who will be back next week. |
| 0:19.3 | Our top stories today. |
| 0:21.0 | Yep, it's the last trading day of 2023. What's in store for |
| 0:24.3 | 2024? Google to settle five billion incognito mode lawsuit and Kathy Woods switches |
| 0:30.5 | Bitcoin EDFs. In. on Thursday, all three major indexes ended mostly muted near all-time highs, |
| 0:38.0 | amid expectations that the Federal Reserve cuts interest rates next year. |
| 0:42.0 | On the economic calendar, initial jobless |
| 0:44.4 | claims for the week ended December 23rd increased 12,000 to 218,000 exceeding |
| 0:51.1 | the expected 210,000 level. |
| 0:54.7 | Pending home sale stalled in November with the index stain at 71.6, |
| 0:59.8 | compared with the 0.8% growth that was expected. |
| 1:04.4 | In the early trading hours of Friday, stock futures edged higher, signaling a positive conclusion |
| 1:10.1 | to 2023, as investors look ahead to the final trading day, Wall Street is set to book strong |
| 1:16.2 | annual gains. The Dow is up 0.12% S&P.18 and NASDAQ's up 0.16. Over in the bond market the US 10-year |
| 1:25.6 | Treasury yield was up one basis point to 3.86 percent. Leo Nellison, a |
| 1:30.9 | seeking alpha analyst, stated, |
| 1:32.6 | I don't expect Friday to be different, |
... |
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