CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

US Open: US is near this year's peak 📌

16:43 29 November 2023
  • Wall Street gains, indices head towards yearly highs
  • Yields on 10-year bonds drop to 4.25%
  • Dollar slows down declines and remains in consolidation
  • Foot Locker (FL.US) publishes better quarterly results
  • CrowdStrike Holdings (CRWD.US) results beat analyst estimates

Wall Street opens Wednesday's session higher. The US500 index is approaching this year's highs, growing by 0.30% today to 4590 points. A similar increase can be observed in the US100. The big tech index gains 0.30% and is already at the highest level this year, after breaking through 16050 points. The gains are supported by the outflow of capital from safe assets. Investors are no longer pricing in interest rate hikes in the USA. As a result, bond yields are falling, crossing the next support levels. Today, the yields on 10-year bonds are quoted around 4.25%, the lowest since mid-September this year. The US dollar consolidates at low levels, and today's session has so far not brought much volatility to this currency.

US500

Start investing today or test a free demo

Open account Try demo Download mobile app Download mobile app

Futures on the S&P 500 (US500) are quoted today 0.30% higher around 4580 points. The good sentiment is extended, and the demand for risky assets pushes the quotations to new local highs. The index, after breaking through the 4500 point level, is heading towards the next limit, which is this year's high at 4630 points. These two levels are worth monitoring at the moment to determine the further direction. Source: xStation 5

Companies from US500 weighted by capitalization. Today's gains are dominated by Tesla (TSLA.US) and Nvidia (NVDA.US). Source: xStation 5

 

Company News:

Foot Locker (FL.US) gains as much as 16% after the company exceeded third-quarter earnings and sales expectations. The company narrowed its full-year forecast, expecting a smaller sales drop and same-store sales decline than previously forecasted. However, it lowered the high end of its adjusted earnings guidance. Foot Locker reported net income of $28 million for the quarter, with total revenue falling about 8.6% year-over-year. Same-store sales dropped by 8%, slightly better than analysts' expectations. Digital sales decreased by 5.6% year-over-year, but excluding Eastbay, they rose 0.4%. Foot Locker is also expanding into new markets, including India, through a licensing agreement.

Source: xStation 5

CrowdStrike Holdings (CRWD.US) gains 8% after the company also reported third-quarter earnings and revenue that surpassed analyst expectations, with notable strength in cloud security, identity protection, and log management. The company's adjusted earnings rose to 82 cents per share, a 105% increase, and revenue grew 35% to $786 million. Annual recurring revenue (ARR), a crucial metric for the subscription services growth, increased by 35% to $3.15 billion, slightly above analyst forecasts. For the current quarter, CrowdStrike expects revenue to be around $838.3 million, and for fiscal 2024, it anticipates flat to modestly higher net ARR from new customers.

Source: xStation 5

GameStop (GME.US) jumps 12%, putting the stock on track to extend gains for a second consecutive session, ahead of its third-quarter results next week.

Workday (WDAY.US) rises as much as 8.5% after the application software company reported third-quarter results that beat expectations and raised its full-year forecast for subscription revenue

This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

Back
Xtb logo

Join over 1 Million investors from around the world

We use cookies

By clicking “Accept All”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

This group contains cookies that are necessary for our websites to work. They take part in functionalities like language preferences, traffic distribution or keeping user session. They cannot be disabled.

Cookie name
Description
SERVERID
userBranchSymbol cc 11 October 2024
adobe_unique_id cc 10 October 2025
test_cookie cc 1 March 2024
SESSID cc 9 September 2022
__hssc cc 10 October 2024
__cf_bm cc 10 October 2024
intercom-id-iojaybix cc 7 July 2025
intercom-session-iojaybix cc 17 October 2024

We use tools that let us analyze the usage of our page. Such data lets us improve the user experience of our web service.

Cookie name
Description
_gid cc 9 September 2022
_gat_UA-22576382-1 cc 8 September 2022
_gat_UA-121192761-1 cc 8 September 2022
_ga_CBPL72L2EC cc 10 October 2026
_ga cc 10 October 2026
AnalyticsSyncHistory cc 8 October 2022
af_id cc 31 March 2025
afUserId cc 1 March 2026
af_id cc 1 March 2026
AF_SYNC cc 8 March 2024
__hstc cc 8 April 2025
__hssrc

This group of cookies is used to show you ads of topics that you are interested in. It also lets us monitor our marketing activities, it helps to measure the performance of our ads.

Cookie name
Description
MUID cc 4 November 2025
_omappvp cc 22 September 2035
_omappvs cc 10 October 2024
_uetsid cc 11 October 2024
_uetvid cc 4 November 2025
_fbp cc 8 January 2025
fr cc 7 December 2022
muc_ads cc 10 October 2026
lang
_ttp cc 4 November 2025
_tt_enable_cookie cc 4 November 2025
_ttp cc 4 November 2025
hubspotutk cc 8 April 2025
YSC
VISITOR_INFO1_LIVE cc 8 April 2025

Cookies from this group store your preferences you gave while using the site, so that they will already be here when you visit the page after some time.

Cookie name
Description
personalization_id cc 10 October 2026
UserMatchHistory cc 8 October 2022
bcookie cc 10 October 2025
lidc cc 11 October 2024
lang
bscookie cc 8 September 2023
li_gc cc 8 April 2025

This page uses cookies. Cookies are files stored in your browser and are used by most websites to help personalise your web experience. For more information see our Privacy Policy You can manage cookies by clicking "Settings". If you agree to our use of cookies, click "Accept all".

Change region and language
Country of residence
Language