Market Report Nov 30 2023

Wednesday's trading session witnessed a significant reduction in the early gains of the stock market, despite a marked decrease in Treasury bond yields.

The Nasdaq and S&P 500, initially approaching their highest levels for 2023, concluded the day near their daily minimums, experiencing slight downturns. This was primarily attributed to underperformance in the mega-cap sector.

Meanwhile, our last earnings was after-hours yesterday from the software firm SNOW and saw its shares surge by 7.6%. This uptick was spurred by the company's positive earnings report and its promising future outlook, which exceeded market expectations.

Javid Shaik

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