What’s Fueling Wall Street’s Rally? Netflix, GDP, and More

In this episode of Market Deep Dive, we dive into the October 18, 2024, U.S. stock market update, marking six consecutive weeks of gains driven by impressive earnings reports. We’ll explore how Netflix’s standout performance fueled investor optimism, alongside a breakdown of key economic indicators such as retail sales, GDP growth, and housing starts. The episode also touches on bond market trends and shifts in commodity prices, highlighting how these factors influenced stock prices. Additionally, we analyze specific company performances and the impact of analyst ratings and news on market movements. Finally, we provide insights into the stock market’s technical outlook and discuss future expectations for Federal Reserve interest rate decisions. Tune in for a comprehensive look at what’s moving the market this week.