Stock Market Winners & Losers: S&P 500 Tries to Snap 6-Day Decline | The TikTok Ban Just Got Very Real | People on Weight Loss Drugs are Spending Less
Winner: S&P 500 tries to snap 6-day decline
The S&P 500 rose as Wall Street tried to rebound from a pullback last week, with Middle East tensions easing.
Both the S&P 500 and Nasdaq are riding six-day losing streaks and fell 3.1% and 5.5%, respectively, last week.
Other Stories
Are home prices gonna go up? Freddie Mac's latest outlook. Price will increase only 0.5% in 2024 and 2025. The view for 2024 has suffered especially compared to the start of the year, when prices were seen rising 2.8%.
Taylor Swift Sells 1.4 Million Copies of ‘The Tortured Poets Department’ on First Day of Release in U.S. That marks Swift’s biggest sales week ever for any album in the U.S. Plus, the set’s 31 songs generated 243.4 million official on-demand audio streams in the U.S. on April 19.
Winner: The TikTok ‘ban’ just got very real
After years of raising concerns about the mega-popular, Chinese-owned app, the US took its biggest step yet to banish TikTok from American phones.
The House passed a bill on Saturday requiring a forced sale or ban of TikTok in the US within a year.
ByteDance will have to find a buyer within nine months.
Winner: People on weight loss drugs are spending less on restaurants
A highly popular group of weight loss and diabetes drugs like Wegovy, Ozempic and Zepbound are decreasing some consumers’ appetites.
63% of people taking those medications, called GLP-1s, say they are spending less on eating out at restaurants and ordering takeout
Some are even tightening their purse strings in the grocery store.
#RobBlackShow #RobBlack #Stocks #Viral #Trending #stockmarket #Market #Finance #Investing #Investment #MarketsUpdate #News
Learn More https://linktr.ee/RobBlack
