The Dow, S&P, and Nasdaq showed incremental gains, reaching record highs for the year.
Market Update & China's Economic Stimulus Analysis - September 24
In today's episode of Dividend Cafe, Brian Szytel offers a market overview for September 24. The Dow, S&P, and Nasdaq showed incremental gains, reaching record highs for the year. Significant highlights include a detailed analysis of China's robust economic stimulus measures aimed at revitalizing its sluggish economy, which has prompted rallies in Chinese and commodity stocks. Additionally, the episode covers U.S. consumer sentiment, showing lower than expected figures, and updates on the Richmond manufacturing index and Case-Shiller home price index, exposing a slower rate of home price appreciation. Tune in for more insights and upcoming real estate data.
00:00 Welcome and Market Overview
00:57 Chinese Market Stimulus
03:02 US Consumer Sentiment and Economic Indicators
04:02 Upcoming Data and Closing Remarks
Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com
Brian Szytel is the Deputy Managing Partner and Co-CIO of The Bahnsen Group.
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