Francesca Fontana

speaker
2,691 appearances 52 recordings 1 series first heard Aug 2017 last heard Feb 2025

Francesca Fontana’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
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Appearances

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So how did the market start December? voice-verified
Well, it seems like stocks really put their best foot forward in the first trading week of the month. voice-verified
A big theme was the latest reads on the economy and what kind of interest rate decision we can expect ahead of the Fed's policy meeting next week. voice-verified
Friday's jobs report showed that the labor market is still in pretty good health, but not good enough to forego a rate cut. voice-verified
Rate cuts are generally good for stocks, so as you might expect, the indexes mostly moved higher on that. voice-verified
Earlier in the week, we saw some big crypto moves. voice-verified
On Wednesday, President-elect Donald Trump picked Paul Atkins to run the Securities and Exchange Commission, voice-verified
Atkins has questioned the SEC's crackdown on crypto firms, and he's expected to ease oversight on those companies. voice-verified
So after the announcement, Bitcoin rallied and exceeded $100,000 for the first time. voice-verified
Wednesday also saw some big gains in tech, led by Salesforce, but I'll come back to that in a bit. voice-verified
Now let's look at the indexes, which all hit daily records throughout the week. voice-verified
The Dow had a weekly loss of less than 1%, while the Nasdaq gained about 3.3% and the S&P rose 1%. voice-verified
Let's zoom in on some discount retail stocks, Dollar Tree and Five Below. voice-verified
The two made some noteworthy moves this week, reporting strong quarterly results and some executive shakeups. voice-verified
First, Dollar Tree, which also owns the family dollar chain. voice-verified
Dollar Tree raised its annual sales guidance and announced that its finance chief will be stepping down, adding that the departure isn't due to a disagreement on operations or policies. voice-verified
Dollar Tree shares rose 1.9% Wednesday, but ended the week with a gain of under 1%. voice-verified
Then we had Five Below. voice-verified
It raised its annual guidance after strong Black Friday sales helped fuel a jump in quarterly sales. voice-verified
And the company had its own C-suite news to announce. voice-verified
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