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- Today is a special day for love, and it’s a busy time for restaurants and shops that sell cards and teddy bears. Chocolate is a big sign of love this year, as its price has gone up by about 40% since the beginning of the year.
- On Monday, the US stock markets had a pretty quiet day. The Dow Jones Industrial Average saw a small rise, while the S&P 500 and the Nasdaq had slight drops.
- Today is a special day for love, and it’s a busy time for restaurants and shops that sell cards and teddy bears. Chocolate is a big sign of love this year, as its price has gone up by about 40% since the beginning of the year.
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- US dollar has been remaining fairly strong, and there wasn’t much movement in the prices of government bonds, gold, or oil.
- Positive inflation expectation data provided optimism before the release of the US CPI report.
- US dollar has been remaining fairly strong, and there wasn’t much movement in the prices of government bonds, gold, or oil.
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- On a positive note, we’re seeing more variety in the types of companies doing well in the market. Energy companies and smaller companies are doing well lately.
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- However, there’s a bit of concern as some areas of the market seem to be getting too expensive too quickly. For example, ARM’s stock price shot up massively after some impressive financial results, and Nvidia’s value even briefly surpassed Amazon’s. Some other tech companies also saw huge jumps in their stock prices.
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- In the oil industry, there’s a lot of merging going on. Diamondback Energy is buying another company for $26 billion, which is surprising given the amount of debt involved. This follows several other big deals in the past year.
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- Looking at company performances around the world, one packaging company reported solid results despite economic challenges, and we’re expecting their earnings to do better than initially thought. Their stock looks cheaper compared to similar companies, which could mean good things for investors.
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- In Asia, markets are generally doing well, with Japan’s stock market leading the way, especially tech stocks. Australia’s market didn’t do as well, but there’s optimism that demand for metals will increase with the Chinese New Year.
