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Shares are seeing a decline on Friday, although the indices may still gain slightly for the week,
This
Dow Jones Industrial Average
Is below 0.2%
S&P 500
Is closed 0.5%, and
Nasdaq Composite
0.8% lower in recent business.
Like Of the Baron As reported today, the markets are cautious for the “quadruple witch”, as both futures and options linked to individual stocks and indices end up simultaneously, often indicating volatile trading.
Brian Overby, senior options analyst at Ally Invest, explains that “traders / market-makers on existing futures and options contracts can generate an average volume above the quadrangle witch due to the way they are hedged or traded.” Maybe because traders take positions and then republish that capital … This is a sign of more uncertainty as we approach the end of the year and the quadruple witch volume may be a little tinder to add to this uncertainty. “
Elsewhere, investors are likely turning their attention to Washington, as lawmakers are expected to introduce a new spending bill to avoid a government shutdown, and the government is set to ban ticket ok and WeChat app downloads this weekend.
Speaking of individual stocks
Beyond the meat
Following JPMorgan’s downgrade (BYND) .2.5% down, which worries that alternative meat producer expectations may not meet high expectations.
Dr. General
The stock (DG) is up 1.7% after JPMorgan hit its price target of 0 230, showing optimism about post-epidemic growth.
Tesla
Although the stock (TSLA) is not for general reasons, Piper Sandler raised its price target to 15 515, up 2.4%.
Write to Teresa Rivas at [email protected]
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