Bond yields spike; stocks turn south 📉

[Image](www.elitetrade.club) Good Afternoon! Hey, everyone. It's Adam from Elite Trade Club. Today is Thursday, November 9th. I hope you had a great trading session. Here's what moved the market today: Markets 📈 Stocks turned south on Thursday after several days of waffling. The Nasdaq [-0.9%], S&P 500 [-0.8%] and Dow [-0.6%] spiraled lower on the trading session, along with the Russell 2K [-1.6%] which continued to underperform its large-cap cohorts. Bond yields also saw some notable movements today. The yield on 10-year U.S. Treasury bonds jumped 2.8% and closed the day around the 4.632% mark. Sponsored [These AI Stocks Have Explosive Potential 💥]( With AI's predicted surge to $2 trillion in just 7 years, now might be the prime time to invest. Don't miss out on our Top 5 AI stock picks for monumental growth. [Get the Full Briefing Here]( Today's Market-Moving News 🔎 📉 Celsius Network Meltdown: Bankruptcy Exit Approved Celsius Network, once a crypto fortress promising bank-beating security, got the green light to exit bankruptcy—though it's not the victory march customers hoped for. 🔒 Funds Freed: Hundreds of thousands of users who've felt the chill since last year will finally see some of their frozen crypto assets thawed and returned, albeit not in full. 🚀 New Horizons: Amidst the financial frostbite, there's a spark of life. A New York judge has blessed a plan to rebirth Celsius as a lean, mean crypto-mining and staking machine. 💰 Partial Refunds in Crypto Crumbs: Customers should brace for a bittersweet reunion with their digital dollars, as they're set to recover only slices of their original crypto pie, following one of the sector's most seismic financial quakes. 👥 Customer Crusade: In a bankruptcy battle that put individual investors front and center, Celsius's clientele left their mark, steering the ship in this unprecedented crypto courtroom saga. Today's Top Winners and Losers 🔥 Ikena Oncology [IKNA] $1.33 (67.8%) reported weaker-than-expected revenues on its Q3 earnings report. WideOpenWest [WOW] $3.20 (56.7%) posted an unexpected operating loss and disappointing revenues on its Q3 earnings report. Cardlytics [CDLX] $6.25 (54.4%) filed its Q3 earnings report late Wednesday and its top-line revenue figure fell short of expectations. Astra Space [ASTR] $1.38 (+86.4%) founders made an offer to acquire all remaining shares of the company for $1.50 per share. Liberty TripAdvisor [LTRPB] $11.00 (+73.2%) suddenly rebounded following a weeks-long slump, but shares closed well off their intraday highs. Pineapple Financial [PAPL] $2.13 (+47.9%) notched big gains for the first time since completing its $3.5 million IPO midway through last week. That's it for today! Please, write us back, and let us know what you think of the Closing Bell Roundup. We're always eager to hear feedback from our members! Thanks for reading. I'll see you at the next open! Best Regards, Adam G. -- Elite Trade Club P.S... Text ELITE to 47121 to get our watchlists sent directly to your phone! You can also text CLOSE to 47121 to get the Closing Bell Roundup, too! *Standard message/carrier rates may apply. © Elite Trade Media LLC, 2023. All rights reserved. Legal Stuff: Stocks featured in this newsletter are for entertainment purposes only. You should not base any investment decisions on information contained in my newsletter. Stocks featured in this newsletter may be owned by owners/operators of this website, which could impact our ability to remain unbiased. Please consult a financial advisor before making any trading decisions. I may earn a small commission from links placed inside these emails. [Bots click here]( 1969 Alafaya Trail Suite #247 Orlando FL 32828 USA [Unsubscribe]( | [Change Subscriber Options](