US stocks closed | The three major indices rose together, with Dow Jones and S&P hitting new highs; tariff threats dragged down auto stocks, general motors fell 9%
Waiting for PCE inflation, the Fed's November minutes support gradual rate cuts, temporarily suppressing US bond yields and the dollar while gold rallies. The Dow turns higher at the end of the day, hitting new highs for three consecutive days, while small cap stocks fall from the highest level in six days, with chip stocks down more than 1%, but nvidia rebounds by 0.7%. Tesla reverses its decline, Nio falls by 7.7%, Amgen's weight loss drug once fell by more than 12%, and Dell falls more than 9% after hours.
Snowflake Options Spot-On: On November 26th, 115.2K Contracts Were Traded, With 694.24K Open Interest
On November 26th ET, $Snowflake(SNOW.US)$ had active options trading, with a total trading volume of 115.2K options for the day, of which put options accounted for 30.42% of the total transactions,
Snowflake Unusual Options Activity
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Trump reshapes the technology industry investment: chip stocks are abandoned, software stocks are sought after.
Wall Street is withdrawing from the chip industry due to high valuations and the trade war-related risks during the Trump administration.
Investors Heavily Search Snowflake Inc. (SNOW): Here Is What You Need to Know
Snowflake Inc. (NYSE:SNOW) Shares Could Be 34% Below Their Intrinsic Value Estimate
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Snowflake Insider Sold Shares Worth $8,080,504, According to a Recent SEC Filing
Snowflake Insider Sold Shares Worth $12,916,525, According to a Recent SEC Filing
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Snowflake(SNOW.US) Officer Sells US$23.13 Million in Common Stock
$Snowflake(SNOW.US)$ Officer Dageville Benoit sold 137.5K shares of common stock on Nov 21, 22, 2024 at an average price of $168.3 for a total value of $23.13 million.Source: Announcement What is
Snowflake(SNOW.US) Director Sells US$8.08 Million in Common Stock
$Snowflake(SNOW.US)$ Director Slootman Frank sold 45,896 shares of common stock on Nov 22, 2024 at an average price of $176.061 for a total value of $8.08 million.Source: Announcement What is
Snowflake(SNOW.US) Officer Sells US$12.92 Million in Common Stock
$Snowflake(SNOW.US)$ Officer Degnan Christopher William sold 76,692 shares of common stock on Nov 21, 2024 at an average price of $168.421 for a total value of $12.92 million.Source: Announcement
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U.S. stocks closed higher with all three major indices rising. The Dow, S&P, and Russell 2000 all hit record highs, while nvidia fell more than 4% against the market; bitcoin fell below $93,000, while microstrategy dropped more than 4%.
Funds continue to flow out of the technology sector, rotating into cyclical stocks. The Dow rose more than 400 points, while the Russell small cap stocks rose by 2.5% at one point. The S&P hit a new intraday high before narrowing its gains. Nvidia dropped over 4% to a three-week low, Tesla fell by nearly 4%, Nio dropped by 3.6%, but Alibaba rose by nearly 3%.
Snowflake Options Spot-On: On November 25th, 191.66K Contracts Were Traded, With 785.96K Open Interest
On November 25th ET, $Snowflake(SNOW.US)$ had active options trading, with a total trading volume of 191.66K options for the day, of which put options accounted for 25.94% of the total transactions,