MARKET RECAP

Yesterday: Stocks climbed to record highs as tariff talk from President-elect Trump heated up, targeting Canada, Mexico and China. Meanwhile, bond yields briefly inverted before normalizing, signaling adjusted Fed rate-cut expectations.

On Our Radar: The market will be looking for inflation signals when the Personal Consumption Expenditures (PCE) price index comes out later this morning. The most notable earnings release will be Kroger after the closing bell.

TOP STORY

Consumer Confidence Hits 2-Year High As Recession Fears Fade: Stock Market Optimism Soars To Record High

President-elect Trump's tariff plans on Canada, Mexico, and China shook global markets, while U.S. stocks surged to new records. Investors are now turning their focus to inflation data, with October’s PCE report expected to show a slight uptick in prices.

Here’s why the latest tariff moves and inflation trends could reshape the market outlook — and what it means for your portfolio.

SPONSORED CONTENT

BluSky Trading Brings Transparency To Prop Trading

When it comes to trading futures, prop trading firms alleviate the risk for traders but they aren’t all created equal.

There are the ones like BluSky Trading Company, which offers access to real brokerage accounts. Then there are the simulated trading firms that let investors trade on a virtual account. The latter put up their own money and have been known to delay and deny payments to traders. Even on a normal basis, it can take weeks to get paid out. Simulated trading firms also tend to limit access to data and asset classes and can charge more for their platforms.

That doesn’t happen with a real brokerage account, says BluSky. At BluSky traders cash out as much as they like as long as they maintain their balance in the account. 

Prop trading firms with real accounts, BluSky included, view traders as partners. They know everyone benefits when their traders do well and invest in their success. Try prop trading with BluSky’s real brokerage accounts — get 30% off your first evaluation using code ‘BENZINGA’ on its website.

This is a paid ad. Please see 17b disclosure here for more information.

FIVE ZINGERS

Double Trouble: President-elect Donald Trump proposed a major shakeup, announcing plans to impose a 25% tariff on all imports from Mexico and Canada. Goldman Sachs issued this clear warning for worried investors.

Unfriendly Skies: Travelers feeling pinched for small luxuries when they fly have found governmental advocacy. A Senate report issued a scathing report on airline profiteering tactics. Here's what impacted investors need to know.

Workforce Optimization: CNBC host Jim Cramer believes tech entrepreneur Elon Musk may turn to Palantir to help make the government efficient again. A key personality quirk just might lift the data analytics specialist to new heights.

Comeback King: Cybersecurity specialist CrowdStrike posted Q3 earnings that beat on both the top and bottom lines. Read on to discover how management responded to the embarrassing outage earlier this year.

Streaming Wars: While Amazon is best known for its e-commerce empire, it's also been aggressively pushing into the streaming content arena. Here's why the online marketplace may have one-upped rival Netflix.

SPECIAL OFFER

From Overlooked to Overperforming - Global Markets Await

We like to look at places that the rest of the world, especially Wall Street and all the instant experts on the Internet, are ignoring.

Right now, all eyes are on, and have been on, US markets.

The United States has gotten everything right over the past decade, and the rest of the planet has been, as Bogart used to lament, at least two drinks behind.

We recovered from both the Great Financial Crisis and COVID quicker, flooded the zone with cash from every imaginable source, and inflated lovely asset bubbles while Europe and Asia staggered along.

Yesterday’s Benzinga Edge-exclusive Under the Radar report lays it all out. Click here to get a sneak peek.

SPONSORED CONTENT

LogicMark’s Patented Fall Detection Technology Could Protect Nation’s Veterans

Falls are a part of life for people over 65. That’s particularly true of the nation’s 8 million veterans. With more than one in five living alone, a fall could be dangerous if the veteran has no way to get help. 

One company on a mission to protect veterans is LogicMark Inc. (NASDAQ: LGMK), the maker of personal emergency response systems (PERS), health communications devices and IoT technologies. It has a suite of products designed to protect veterans from falls in and out of the home. The company’s patented fall detection technology uses accelerometer sensors that measure the user’s speed and orientation to detect a fall. Once it senses a fall it sends an alert to an emergency monitoring center, a loved one or 911. That can be very beneficial if the person isn’t able to call for help. 

Fall detection systems are a significant market that is growing as the population ages and seeks out devices that provide safety and independence. LogicMark intends to be a big player.  To learn more about LogicMark’s products and growth prospects, click here. 

This is a paid ad. Please see 17b disclosure here for more information. 

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