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Rolling a "7" for Tech, Boeing's $19B Capital Raise, Trump Rally and Musk's $2T Message 10/28/24

Squawk on the Street

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Tech Stocks and Market Dynamics

This chapter explores the Nasdaq's recent performance, focusing on the resilience of major tech stocks, particularly the 'Magnificent Seven.' It discusses the complex interactions between interest rates, investor behavior, and stock movements, alongside concerning trends in companies like Honeywell and Boeing. Additionally, it addresses the implications of corporate communications and labor strikes on market sentiment and upcoming economic indicators.

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