| This email is coming from an unmonitored email account. Please do not respond to this message. | | | | | | | | | Market Recap | | | | | Dow Jones | 34,112.27
(-0.12%) | | Nasdaq | 13,650.41
(+0.08%) | | | | | | | | | | | | | What does commodity trading have to do with your wallet? | | | | From oil to orange juice, volatile price swings in commodity futures are becoming more frequent as climate conditions and global conflict take their toll. Here's what this may mean for your household budget.
Read more>> | | | |  | | | | | | | | MARKET RECAP | | | | U.S. stocks ended mixed on Wednesday, but the S&P 500 and Nasdaq Composite both added another day to their winning streak | | | | - The S&P 500 has logged gains for eight straight days, while the Nasdaq has risen for 9 days in a row, their longest winning streaks in two years.
- Warner Bros. Discovery shares fell 19% after missing expectations and reporting a 12% year-over-year decline in advertising revenue. The media giant, which owns HBO and CNN, also lost 700,000 Max subscribers.
- Shares of Roblox surged 11.9% after beating expectations. The company also reported a 20% year-over-year increase in bookings and daily active users, pushing the latter above 70 million.
- Robinhood stock dropped 14.3% after reporting a decline in stock trading revenue and monthly active users.
- Shares of The New York Times rose 6% after beating expectations. The newspaper also surpassed the 10 million subscriber mark.
- The average fixed-rate 30-year mortgage fell more than 20 basis points to 7.61% in the week ended November 3rd, marking the lowest reading in over a month, and the biggest decline since July of last year.
| | | | What to be on the lookout for today | | | | - It's all about food day as Oatly and Krispy Kreme both hand in reports.
- We'll also get weekly claims for unemployment benefits.
| | | | | | | | What's the secret to building a successful investment portfolio? | | | | You're ready to invest, and you've got a lump sum waiting to be put to use. What do you do next? How do you buy individual stocks — and should you?
In the latest episode of The Important Part podcast, SoFi's Head of Investment Strategy Liz Young sat down with Shannon Saccocia, CFA and Chief Investment Officer of NB Private Wealth to talk strategies for navigating the market. Tune in for insights on ways to build a portfolio that's a fit for your goals.
New to the podcast? The Important Part takes listeners through top-of-mind trends in investing and breaks them down into digestible and actionable pieces. Listen and subscribe on Apple, Spotify, or wherever you get your podcasts. | | | |  | | | | | | | | Today's top stories | | | | | | | | Here's why you should care about WeWork's bankruptcy | | | | The coworking company's bankruptcy comes at an inopportune time for American office real estate, which is already in hot water.
Read more >> | | | | Commutes are finally getting shorter, and not just because you work from home… | | | | The pandemic has changed commutes for many Americans, even those who are still heading out every morning, and the average time spent getting to work is finally coming down.
Read more >> | | | | Liz Looks at: the Recent Rally | | | | Is the market getting ahead of itself in celebrating a potential end to Fed interest rate hikes?
Read more >> | | | | | | | | | | Other news that caught our eye | | | | | | | | | | Financial planner tip of the day | | | | "If you have access to a workplace retirement account and your employer provides a match, contribute at least enough to get your full employer match. That's a return that you can't beat anywhere else in the market, and it's part of your compensation that you should not leave on the table." | | | | – Brian Walsh, CFP® at SoFi | | | | How did you like today's newsletter? | | | | | | | | This email was sent to you at paidmellc@gmail.com by SoFi Wealth LLC. (SoFi) because you're enrolled in the SoFi Daily. If you do not want to receive SoFi Daily emails, click here to unsubscribe.
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