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Your daily horoscope: January 14, 2025

  HOROSCOPES IF TODAY IS YOUR BIRTHDAY If your current way of working does not seem to be taking you closer to your goals then ditch it completely and start over. New technologies such as artificial intelligence could help you immensely this year, IF you have the intelligence to use them wisely. ARIES (March 21 - April 20): There is a lot of pressure building up in your life at the moment but that’s okay because you thrive on being challenged. When the going gets tough Aries is the first sign to get tough in return and today will be no exception. TAURUS (April 21 - May 21): You may be in two minds about what direction you should be taking but what occurs over the next 24 hours will point the way and all you have to do is follow the lead that the universe gives you. Get past your doubts and get moving. GEMINI (May 22 - June 21): If you start something new today it will take up a lot more time and energy than you expected, so think about it carefully and make sure you will be able to...
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Wall Street Treads Cautiously Amid Earnings Surge

 


As the earnings season reaches its midway point, Wall Street finds itself in a delicate balancing act. Here’s a snapshot of today’s market dynamics:

  • S&P 500 (GSPC) futures edged up by less than 0.1% before the opening bell.
  • Dow Jones Industrial Average (DJI) futures experienced a marginal decline, shedding less than 0.1%.

Investors are closely monitoring corporate results, but optimism for a March interest rate cut is waning. Recent data confirms the resilience of the U.S. economy, despite the Federal Reserve’s efforts to curb inflation through interest rate hikes. Notable highlights include:

  1. Strong Services Sector: A report on Monday revealed that U.S. services industries are growing faster than expected, reflecting economic strength.
  1. Labor Market Resilience: Friday’s robust jobs report indicated a still-strong labor market, despite ongoing layoffs.

Market sentiment suggests that the Fed’s projected interest rate cuts may be pushed back to June, rather than May. Traders are adjusting their expectations accordingl.

In equities trading, some key movers include:

  • Tesla (TSLA): The electric car company continues to slide, losing over 2% in premarket trading. Concerns about recalls and future earnings weigh on investor confidence.
  • FMC: The Philadelphia chemical maker saw a 14% premarket tumble after falling short of Wall Street expectations in sales and profit.
  • Spotify (SPOT): The music streaming and podcast platform surged more than 6% after reporting stronger-than-expected subscriber growth, despite revenue missing analyst targets.

As we await earnings reports from heavyweights like CVS Health, The Walt Disney Co., and PepsiCo, the market remains cautiously optimistic. Stay tuned for further developments as the earnings season unfolds! 

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