Oct 9: Stocks ended week higher. S&P +0.6%, Nasdaq +0.6%, Dow +0.8%. Risks: Oil >$104, 10Y ~5.24%, AI/chip profit fears, bank earnings & CPI. Main Q: Can earnings support elevated valuations amid high rates? Next week key. #Stocks
Y’all need to see these market numbers right now😳 Post-SpaceX announcement (Starlink as major US mobile carrier). $T -11.30%, $VZ -11.30%, $TMUS -13.30%. Legacy carriers getting rocked.