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Norah Mulinda

@norahmulinda

U.S. stocks + real estate @Business | @UVA Alumna | 1908 | Previously @CNBC @CBS19News @WBJonline Views are mine.

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This week marks my one year anniversary at @business After rotating across the newsroom, I’ve finally found my permanent home as an Equities reporter, covering the stock market✨ Please feel free to reach out with insights or just to talk market moves at nmulinda@bloomberg.net


Psychedelic-linked stocks rose and vaccine-makers fell Friday after Robert F. Kennedy Jr., a psychedelic treatment supporter and anti-vaxxer, was named Trump's U.S. health department pick. Compass Pathways (+3.1%) Pfizer (-4.7%), Moderna (-7.3%)


*S&P 500 CLOSES 1.3% LOWER, NASDAQ 100 DOWN 2.4%


*DISNEY SHARES POST WEEKLY GAIN OF 16%, THE MOST IN 24 YEARS


*TRUMP OFFERED HHS SECRETARY POSITION TO RFK JR., CNN SAYS Vaccine stocks fall in late trading before the closing bell.


Norah Mulinda Reposted

For-sale housing supply trends are key leading indicators to watch for the single-family rental (SFR) industry, as there’s an inverse relationship between for-sale listings and SFR occupancy (see chart below). In markets where overall supply is rising, SFR rent growth is cooling.

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*TRUMP EXPECTED TO TRY TO HALT TIKTOK BAN: WAPO


*NEW YORK RENT-CONTROL RULES SURVIVE CHALLENGE AT SUPREME COURT


Norah Mulinda Reposted

Strikethrough comparison of FOMC text for November meeting via Bloomberg

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*FED: LABOR MARKET CONDITIONS HAVE 'GENERALLY EASED' *FED SAYS RISKS TO GOALS REMAIN 'ROUGHLY IN BALANCE'

🚨 *FED LOWERS BENCHMARK RATE 25 BPS TO 4.5%-4.75% RANGE



🚨 *FED LOWERS BENCHMARK RATE 25 BPS TO 4.5%-4.75% RANGE


🚨10 MINUTES UNTIL THE FED DECISION


*STEVEN MADDEN MOVING GOODS OUT OF CHINA DUE TO TARIFF RISKS


Loving the weather, but for the first week of November maybe I should be a little concerned lol


Norah Mulinda Reposted

Trump will begin operations to deport millions of undocumented immigrants when he starts his term, campaign press secretary Karoline Leavitt said Wednesday morning. He'll launch the "largest mass deportation operation" of undocumented immigrants on Day 1. trib.al/EiapTH0


*BIDEN SPOKE BY PHONE WITH TRUMP, COMMITTED TO SMOOTH TRANSITION *BIDEN INVITED TRUMP TO MEET WITH HIM IN THE WHITE HOUSE *BIDEN TO ADDRESS NATION TOMORROW ON ELECTION RESULTS


Norah Mulinda Reposted

The White House says Vice President Kamala Harris will speak at 4 PM at Howard University


*HARRIS WILL DELIVER HER CONCESSION SPEECH AROUND 6 PM ET: RTRS


Norah Mulinda Reposted

AP Race Call: Donald Trump is elected the 47th president of the U.S. His win over Vice President Kamala Harris caps a historically tumultuous campaign that included two assassination attempts against him. bit.ly/48SeFWh

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*TRUMP WINS BATTLEGROUND STATE OF PENNSYLVANIA: NETWORKS


Norah Mulinda Reposted

Decision Desk HQ projects that former President Donald Trump (R) has won enough electoral votes to win the Presidency. #DecisionMade: 1:21am ET Follow live results here: decisiondeskhq.com/results/2024/G…

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