🚨🚨🚨The key theme for Novemb-To The Moon - Tiger Brokers Online Investing Community - To The Moon

🚨🚨🚨The key theme for November 11th was a global market rally driven by optimism over a potential resolution to the prolonged US government shutdown. Here is a summary of the major market movements:

📈 Major Stock Market Highlights

* US Markets (Based on previous day's surge and futures): US stocks (S&P 500, Nasdaq, and Dow) had closed sharply higher on Monday due to the shutdown optimism, led by strong gains in AI-related companies like Nvidia and Palantir. US stock exchanges (NYSE and Nasdaq) were open on Veterans Day (Nov 11), while the US bond market was closed.

* Monday's Close: Nasdaq Composite surged 2.27%, S&P 500 rose 1.54%.

* European Markets: Rallied strongly.

* The FTSE 100 closed at a new record high of 9,787 points, up 1.08%.

* The Stoxx 600 was up around 1.5%.

* Asian Markets: Rose for a second straight day, also buoyed by the US news.

* Japan's Nikkei gained 1.25%.

* The Indian Sensex and Nifty also closed higher, recovering from a subdued opening, with strength in the IT and Auto sectors.

commodities and other assets

* Gold: Prices jumped nearly 3% to a more than two-week high (around $4,115/oz) on expectations of a potential Federal Reserve interest rate cut, reinforced by recent weak US economic data.

* Oil (WTI & Brent): Prices saw a rebound as analysts focused on supply disruption risks, although forecasts of crude oversupply limited the gains.

* Bitcoin: Rallied, trading around $106,000, lifted by improved risk sentiment.

📰 Key Driving News

The primary catalyst for the market rally was the breakthrough in the US government shutdown, with the Senate passing a compromise bill that raised hopes for the government to reopen as early as Wednesday. This progress improved overall risk sentiment globally.

$SPDR S&P 500 ETF Trust(SPY)$ $Cboe Volatility Index(VIX)$ $iShares Bitcoin Trust ETF(IBIT)$

SanDisk Wins Spot in the S&P 500! Add More Gains This Year?

SanDisk will be added to the S&P 500 index, replacing Interpublic Group of Companies. The memory-storage maker beats out enterprise software firm Strategy for inclusion. SanDisk will be moved up from the S&P SmallCap 600, and the index change will take effect at Friday’s market open. The stock surged more than 9% in after-hours trading following the announcement. ------------- Will it add more gains on its 500% YTD gain? Is the rally just starting? Would you trade flash memory stocks or not?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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US stock exchanges (NYSE and Nasdaq) were open on Veterans Day (Nov 11), while the US bond market was closed.</p>\n<p>&nbsp; &nbsp;* Monday's Close: Nasdaq Composite surged 2.27%, S&amp;P 500 rose 1.54%.</p>\n<p>&nbsp;* European Markets: Rallied strongly.</p>\n<p>&nbsp; &nbsp;* The FTSE 100 closed at a new record high of 9,787 points, up 1.08%.</p>\n<p>&nbsp; &nbsp;* The Stoxx 600 was up around 1.5%.</p>\n<p>&nbsp;* Asian Markets: Rose for a second straight day, also buoyed by the US news.</p>\n<p>&nbsp; &nbsp;* Japan's Nikkei gained 1.25%.</p>\n<p>&nbsp; &nbsp;* The Indian Sensex and Nifty also closed higher, recovering from a subdued opening, with strength in the IT and Auto sectors.</p>\n<p>commodities and other assets</p>\n<p>&nbsp;* Gold: Prices jumped nearly 3% to a more than two-week high (around $4,115/oz) on expectations of a potential Federal Reserve interest rate cut, reinforced by recent weak US economic data.</p>\n<p>&nbsp;* Oil (WTI &amp; Brent): Prices saw a rebound as analysts focused on supply disruption risks, although forecasts of crude oversupply limited the gains.</p>\n<p>&nbsp;* Bitcoin: Rallied, trading around $106,000, lifted by improved risk sentiment.</p>\n<p>📰 Key Driving News</p>\n<p>The primary catalyst for the market rally was the breakthrough in the US government shutdown, with the Senate passing a compromise bill that raised hopes for the government to reopen as early as Wednesday. 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US stock exchanges (NYSE and Nasdaq) were open on Veterans Day (Nov 11), while the US bond market was closed. * Monday's Close: Nasdaq Composite surged 2.27%, S&P 500 rose 1.54%. * European Markets: Rallied strongly. * The FTSE 100 closed at a new record high of 9,787 points, up 1.08%. * The Stoxx 600 was up around 1.5%. * Asian Markets: Rose for a second straight day, also buoyed by the US news. * Japan's Nikkei gained 1.25%. * The Indian Sensex and Nifty also closed higher, recovering from a subdued opening, with strength in the IT and Auto sectors. commodities and other assets * Gold: Prices jumped nearly 3% to a more than two-week high (around $4,115/oz) on expectations of a potential Federal Reserve interest rate cut, reinforced by recent weak US economic data. * Oil (WTI & Brent): Prices saw a rebound as analysts focused on supply disruption risks, although forecasts of crude oversupply limited the gains. * Bitcoin: Rallied, trading around $106,000, lifted by improved risk sentiment. 📰 Key Driving News The primary catalyst for the market rally was the breakthrough in the US government shutdown, with the Senate passing a compromise bill that raised hopes for the government to reopen as early as Wednesday. 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