Trump-linked stocks jump after emphatic win in Iowa... your pre-market briefing inside â January 17, 2024 | [Read Online]( âï¸ Good morning. The Fast Five â [Trump-linked stocks]( jump after win in Iowa, [China misses Q4 GDP estimates]( with growth set to slow in 2024, [JetBlueâs $3.8B Spirit deal]( turns into a nightmare, [Boeing CEO]( to visit main 737 supplier, and [AMD shares jump]( to highest close since 2021⦠Your 5-minute briefing for Wednesday, January 17: BEFORE THE OPEN As of market close 1/16/2024. PRE-MARKET: MARKETS: - Flat stock futures post Tuesday losses; Dow down 0.05%, S&P 500, Nasdaq-100 flat. - Interactive Brokers -3% after Q4 earnings miss. - Tuesday: Dow -0.62%, S&P 500 -0.37%, Nasdaq -0.19%. - Market eyes 65% chance of March Fed rate cuts via CME Group's FedWatch. - Ongoing earnings season, major banks have reported. - Waiting for December retail sales data; expected +0.4%. - Wednesday earnings: Charles Schwab, U.S. Bancorp, Prologis. - Fed's beige book, business inventories, NY Fed's John Williams remarks on agenda. EARNINGS What weâre watching this week: - Today: Charles Schwab (SCHW) - [Kinder Morgan (KMI)]( - expected: $.30 per share (-3.2% YoY) on $4.4 billion revenue (-3.7% YoY) - Friday: - [Travelers (TRV)]( - expected: $5.00 per share (+47% YoY) on $10 billion revenue (+13.1% YoY) Full earnings calendar [here]( HEADLINES [Trump-Linked Stocks Jump After Former President's Emphatic Win in Iowa Republican Contest]( Shares of Digital World Acquisition (DWAC.O), the blank check firm set to take Trump's social media platform public, rose on Tuesday following his victory in the first Republican contest in Iowa for 2024 presidential race. [China Misses Q4 GDP Estimates - Economic Growth Set to Slow in 2024. Here's What Wall Street Predicts:]( The average prediction among five firms, including Goldman Sachs and Morgan Stanley, pointed to a 4.6% increase in real GDP this year, down from 5.2% expected for 2023. - Fedâs Waller urges cutting rates âcarefullyâ if inflation cools ([more]() - Pentagon awards $2.5 billion in satellite contracts to L3Harris, Lockheed Martin and Sierra Space ([more]() - Supreme Court rejects Appleâs bid for epic app store review ([more]() - Air freight rates could spike as Red Sea attacks disrupt shipments via sea ([more]() - China goes all in at Davos ([more]() - AMD shares jump 8% for highest close since 2021 ([more]() - JetBlueâs $3.8B Spirit deal is turning into a nightmare ([more]() - Boeing CEO to visit main 737 supplier as quality crisis grows ([more]() - Google lays off hundreds of employees in advertising sales team ([more]() - Tech layoffs continue after 'year of efficiency' ([more]() - Microsoft CEO Satya Nadella says global consensus on AI is emerging ([more]() - ChatGPT may rival flash boys in transforming markets ([more]() - Amazon launches generative AI tool to answer shoppersâ questions ([more]() - Vertex, Crispr get second FDA approval for gene editing therapy ([more]() - Blackstoneâs defaulted NYC office loan for sale at 50% discount ([more]() - Zuckerberg to be deposed in Texas lawsuit over Meta facial scans ([more]() - Business Insider stands by reports on wife of ex-Harvard President's critic ([more]() TOGETHER WITH INVESTORâS BUSINESS DAILY Experience IBD for just $1 â Investorâs Business Daily has been helping people like you invest better for over 35 years. Theyâve learned what it takes to outperform the market and prosper in any market condition. IBD Digital gives you an edge with one-of-a-kind investing tools and analysis designed for investors at every level. [Try IBD Digital now for one full month]( and get⦠â
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- [âï¸âï¸âï¸âï¸ Good stuff](
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