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Live Stock News: Tuesday Market Climbs and TikTok Sale Might be Incoming

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Kevin Travers joined discussion · Jan 14 23:54
Live Stock News: Tuesday Market Climbs and TikTok Sale Might be Incoming
Happy Tuesday, January 14th, the market is volatile after a rough start to the week. TikTok is eyeing buyers like Elon Musk, Mr. Beast, and Canadians before its Jan 19th shutdown, big bank earnings are tomorrow, but nothing else matters besides Live Stock news:
$Applied Digital (APLD.US)$, an AI firm surged 17% after the Australian banking group Macquarie agreed to invest up to $5 billion in APPLD's data centers. $Rigetti Computing (RGTI.US)$ climbed 14%, and the sector of small quantum computing stocks attempted a rebound after negative words from tech figures like Nvidia's Jensen Huang and Meta's Mark Zuckerberg.
$Eli Lilly and Co (LLY.US)$ fell 7.5% Monday, the lowest percentage decliner on the S&P 500 after the big pharma reported lower sales of GLP-1 medicines Zepbound and Mounjaro than analysts expected.
$H&E Equipment Services (HEES.US)$, a construction and rental firm, flew 104% Monday to the top percentage advancers on the $Russell 2000 Index (.RUT.US)$. $United Rentals (URI.US)$ announced it would buy the firm for $4.8B.
Within industry themes tracked by moomoo, quantum computing still fell, while weight loss drugs led the market in declines following Eli Lilly's weak sales.
Live Stock News: Tuesday Market Climbs and TikTok Sale Might be Incoming
Elsewhere in the economy,   $Crude Oil Futures(MAR5) (CLmain.US)$ pulled back from its recent high at $76/barrel. Gold and silver climbed, and long-term treasuries climbed while the two-year fell.   $Bitcoin (BTC.CC)$ hovered at $96k.
Overall, the market had climbed Tuesday after the open, but right after 11 started to look red.
Just past 11:05 am ET the     $S&P 500 Index (.SPX.US)$ traded up 0.18%, the         $Dow Jones Industrial Average (.DJI.US)$ climbed 0.38%, and the     $Nasdaq Composite Index (.IXIC.US)$ climbed 0.17%.
In macro, wholesale inflation felt by companies, rose less than expected, according to Bureau of Labor Statistics PPI release on Tuesday. PPI climbed 3.3% year over year, below the 3.5% warned by experts.
Yesterday, users argued over how Trumps swearing in next Monday, January 20th, will affect the markets. One user said equities would pop, one said trump is saggy and old and will hurt the economy,
Traders, what do you think? What you watching on the stock market today? What is the herd following? Let me know in the comments below! $S&P 500 (LIST91326.US)$
Want to keep up to date with the market and all its feelings-driven swings, all in under three minutes? Click here to follow the Live Stock Podcast topic. Comment below or in the hot topic for a chance to appear on the podcast! I want to talk about what you are investing in!
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Kevin Travers
Moomoo News and Community Manager
Moo moo News and Community Manager, NJ Office. Fmr CNBC contributor, reporter/investor/trader Posts do not represent mm
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