Hey Plato, what happened in the stock market today?

📅 Happy Thursday! Let's dive into today's market stories.

**New Jobless Claims and Q2 GDP Report** 
- 📰 Zacks Investment Research reported that new jobless claims were at 204K and Q2 GDP growth was at 2.1%. 
- 📈 This news is positive for the market as it indicates a recovering economy and a decrease in unemployment.
- 🕰️ Historically, positive jobless claims and GDP growth data have been associated with bullish market sentiment.
- 🧭 Investors should keep an eye on these economic indicators as they can provide insights into the health of the economy.

**September's Stock Market Shakeout** 
- 📰 Benzinga reported that only 13% of stocks in the S&P 500 and Nasdaq 100 are trading above their 50-day moving averages. 
- 📉 This news is negative as it indicates a bearish trend in the market.
- 🕰️ Market corrections have occurred in the past, and they often present buying opportunities for long-term investors.
- 🧭 Investors should remain cautious and consider their risk tolerance and investment horizon when making decisions.

**Stocks Rebound as Dollar and Treasury Yields Retreat** 
- 📰 Stocks rebounded on Thursday as the dollar and Treasury yields declined. Tech stocks and Bitcoin also saw gains.
- 📈 This news is positive as it indicates a return of risk appetite in the market.
- 🕰️ Market rebounds have occurred in the past following periods of volatility and uncertainty.
- 🧭 Investors should monitor these market movements and consider their potential impact on their portfolios.

**S&P 500 and Nasdaq Futures Rise Despite Soaring Bond Yields** 
- 📰 Despite rising bond yields, S&P 500 and Nasdaq futures are increasing. This is driven by higher crude oil prices and Treasury yields.
- 📈 This news is positive as it indicates resilience in the equity markets despite challenges in the bond market.
- 🕰️ There have been instances in the past where equities have performed well despite rising bond yields.
- 🧭 Investors should keep an eye on the interplay between bond yields and equity markets as it can influence investment decisions.

**Potential Volatility Ahead Due to Quarterly Options Expiry** 
- 📰 The expiry of quarterly options on Friday may cause increased volatility in US stocks, potentially leading to a fourth consecutive weekly loss for the S&P 500 index.
- 📉 This news is negative as it indicates potential market turbulence ahead.
- 🕰️ Options expiry dates have historically been associated with increased market volatility.
- 🧭 Investors should be prepared for potential market fluctuations and consider their risk tolerance when making investment decisions.

🧩 **Did You Know?**
The term "shakeout" in the stock market refers to a situation where weaker players are forced out of the market due to adverse conditions, leaving only the stronger players behind. This often happens during periods of market correction or bearish trends.

Stay curious and have a great week! I'll be back with another update tomorrow at the same time! See you then. 🚀

--- Footnotes ---
: [Zacks Investment Research](https://www.zacks.com/)
: [Benzinga](https://www.benzinga.com/)
: [Benzinga](https://www.benzinga.com/)
: [Benzinga](https://www.benzinga.com/)
: [MarketWatch](https://www.marketwatch.com/)

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Reading a story from Zacks Investment Research

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📅 Happy Thursday! Let's dive into today's market stories.

**New Jobless Claims and Q2 GDP Report** [^1^]
- 📰 Zacks Investment Research reported that new jobless claims were at 204K and Q2 GDP growth was at 2.1%. 
- 📈 This news is positive for the market as it indicates a recovering economy and a decrease in unemployment.
- 🕰️ Historically, positive jobless claims and GDP growth data have been associated with bullish market sentiment.
- 🧭 Investors should keep an eye on these economic indicators as they can provide insights into the health of the economy.

**September's Stock Market Shakeout** [^2^]
- 📰 Benzinga reported that only 13% of stocks in the S&P 500 and Nasdaq 100 are trading above their 50-day moving averages. 
- 📉 This news is negative as it indicates a bearish trend in the market.
- 🕰️ Market corrections have occurred in the past, and they often present buying opportunities for long-term investors.
- 🧭 Investors should remain cautious and consider their risk tolerance and investment horizon when making decisions.

**Stocks Rebound as Dollar and Treasury Yields Retreat** [^3^]
- 📰 Stocks rebounded on Thursday as the dollar and Treasury yields declined. Tech stocks and Bitcoin also saw gains.
- 📈 This news is positive as it indicates a return of risk appetite in the market.
- 🕰️ Market rebounds have occurred in the past following periods of volatility and uncertainty.
- 🧭 Investors should monitor these market movements and consider their potential impact on their portfolios.

**S&P 500 and Nasdaq Futures Rise Despite Soaring Bond Yields** [^4^]
- 📰 Despite rising bond yields, S&P 500 and Nasdaq futures are increasing. This is driven by higher crude oil prices and Treasury yields.
- 📈 This news is positive as it indicates resilience in the equity markets despite challenges in the bond market.
- 🕰️ There have been instances in the past where equities have performed well despite rising bond yields.
- 🧭 Investors should keep an eye on the interplay between bond yields and equity markets as it can influence investment decisions.

**Potential Volatility Ahead Due to Quarterly Options Expiry** [^5^]
- 📰 The expiry of quarterly options on Friday may cause increased volatility in US stocks, potentially leading to a fourth consecutive weekly loss for the S&P 500 index.
- 📉 This news is negative as it indicates potential market turbulence ahead.
- 🕰️ Options expiry dates have historically been associated with increased market volatility.
- 🧭 Investors should be prepared for potential market fluctuations and consider their risk tolerance when making investment decisions.

🧩 **Did You Know?**
The term "shakeout" in the stock market refers to a situation where weaker players are forced out of the market due to adverse conditions, leaving only the stronger players behind. This often happens during periods of market correction or bearish trends.

Stay curious and have a great week! I'll be back with another update tomorrow at the same time! See you then. 🚀

--- Footnotes ---
[^1^]: [Zacks Investment Research](https://www.zacks.com/)
[^2^]: [Benzinga](https://www.benzinga.com/)
[^3^]: [Benzinga](https://www.benzinga.com/)
[^4^]: [Benzinga](https://www.benzinga.com/)
[^5^]: [MarketWatch](https://www.marketwatch.com/)

market_data_collector

market_news_collector

New Jobless Claims 204K, Q2 GDP +2.1%, Pre-Markets Still Down

September's Shakeout: S&P 500, Nasdaq 100 See Just 13% Of Stocks Above 50-Day Average - Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), Dollar Gen (NYSE:DG), Illumina (NASDAQ:ILMN), Walgreens Boots Alliance

Stocks Rebound As Dollar, Treasury Yields Retreat; Bitcoin Targets Best September Session: What's Driving Markets Thursday? - BlackBerry (NYSE:BB), UiPath (NYSE:PATH), Steelcase (NYSE:SCS), Zumiez (NA

Why S&P 500, Nasdaq Futures Are Rising Despite Soaring Bond Yields - SPDR Select Sector Fund - Utilities (ARCA:XLU), Barrick Gold (NYSE:GOLD), Meta Platforms (NASDAQ:META), Micron Technology (NASDAQ:M

U.S. stocks may see volatility Friday as billions in quarterly options set to expire

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Reading a story from 'Zacks Investment Research'

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