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Stock impact report

Zacks.com featured highlights include StoneCo, Skechers, Pfizer and General Motors [Yahoo! Finance]

StoneCo Ltd. - Class A Common Share (STNE) 
Company Research Source: Yahoo! Finance
The U.S. stock market continued its upward momentum on Monday, reaching fresh highs amid optimism spurred by the recent presidential election and favorable economic signals. Wall Street's major indexes closed at new highs, building on Friday's record-breaking performance. Investors appear increasingly positive about the prospects of pro-growth fiscal policies under President-elect Donald Trump, while the Federal Reserve's recent interest rate cut has also bolstered market sentiment. The S&P 500 rose 0.10% to close at 6,001.35, while the Nasdaq Composite jumped 0.06%, ending the session at 19,298.76. Leading the gains, the Dow Jones Industrial Average climbed 0.69% to reach 44,293.13. Bitcoin also hit unprecedented levels, marking a significant milestone in the cryptocurrency market. As major indexes hit record highs and digital assets reach unprecedented levels, investors might consider balancing their portfolios with value stocks. Typically trading below their intrinsic value, t Show less Read more
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