BTC USD 77,508.4 Gold USD 4,393.66
Time now: Jun 1, 12:00 AM

Lark Funding - larkfunding.com

We have officially increased our standard payout split from 75% to 80%!

This upgrade applies to all programs and will result in more money in your pocket at the end of the day!

To thank you all for your ongoing support, this upgrade will also be applied to all existing accounts as well.


Registration link
https://bit.ly/3GzD19B

Use Code DECEMBER20
View attachment 696842
 
MARKET WRAP: STOCKS, BONDS, COMMODITIES


On Tuesday, U.S. stocks extended their rally to a fourth session. The Dow Jones Industrial Average climbed 173 points (+0.48%) to 36,577, the S&P 500 gained 21 points (+0.46%) to 4,643, and the Nasdaq 100 jumped 132 points (+0.82%) to 16,354.

Both the S&P 500 and the Nasdaq 100 marked their highest closes since January 2022.

The U.S. 10-year Treasury yield dipped 2.9 basis points to 4.204%.

U.S. data showed that the inflation rate eased further to 3.1% on year in November (as expected), and the core inflation rate remained steady at 4.0% on year (as expected).

Later on Wednesday, the U.S. Federal Reserve is expected to hold its key interest rate unchanged at 5.25%-5.50%.

Semiconductors (+1.53%), commercial & professional services (+1.13%), and insurance (+1.00%) stock sectors gained the most in the session, while energy (-1.35%), automobiles & components (-0.96%), and telecom services (-0.62%) sectors came under pressure.

Chip makers outperformed the market, with Nvidia (NVDA) rising 2.21%, Broadcom (AVGO) up 4.18%, and Advanced Micro Devices (AMD) up 2.38%.

At the same time, Meta Platforms (META) rose 2.75%, Amazon.com (AMZN) climbed 1.09%, Microsoft (MSFT) gained 0.83%, and Apple (AAPL) was up 0.79%.

Alphabet (GOOGL) eased 0.58%. The tech giant lost an antitrust case brought by video-game maker Epic Games.

Lucid Group (LCID) plunged 8.46%. The electric-vehicle maker announced the resignation of its chief financial officer.

Sonos Inc (SONO) rose 3.82% after being upgraded to "overweight" at Morgan Stanley.

Macy's (M) retreated 8.28%, as Citi downgraded the stock to "sell".

In Europe, the DAX 40 dipped 0.02%, the CAC 40 declined 0.11%, and the FTSE 100 eased 0.03%.

U.S. WTI crude oil futures dropped $2.52 (-3.53%) to $68.80 a barrel.

Gold price softened $2 to $1,979 an ounce


MARKET WRAP: FOREX


The U.S. dollar index was little changed at 103.80.

EUR/USD rose 30 pips to 1.0795. Germany's ZEW economic sentiment index bounced to 12.8 in December (vs a decline to 7.5 expected).

USD/JPY lost 67 pips to 145.49. This morning, the Bank of Japan reported that its Tankan large manufacturers index improved to 12 in the fourth quarter (vs 10 expected), and the large non-manufacturers index rose to 30 (vs 25 expected).

GBP/USD gained 12 pips to 1.2567. In the U.K., the latest jobless rate stayed at 4.2% (vs a rise to 4.3% expected).

AUD/USD eased 8 pips to 0.6560.

USD/CHF fell 30 pips to 0.8754, while USD/CAD added 16 pips to 1.359.

Bitcoin remained in consolidation mode, as it failed to break above the $42,000 level.


Registration link
https://bit.ly/3GzD19B
Use Code fx for 5% discount
 
MARKET WRAP: STOCKS, BONDS, COMMODITIES


On Thursday, the Dow Jones Industrial Average advanced a further 158 points (+0.43%) to 37,248, its second consecutive record close. The S&P 500 gained 12 points (+0.26%) to 4,719, while the Nasdaq 100 eased 24 points (-0.15%) to 16,537.

As the U.S. Federal Reserve made it quite clear that interest rates will come down next year, the U.S. 10-year Treasury yield sank 10.1 basis points to 3.915%.

U.S. data showed that retail sales increased 0.3% on month in November (vs -0.1% expected). The latest number of initial jobless claims declined to 202,000 (vs 223,000 expected).

Automobiles & components (+5.30%), banks (+4.15%), and energy (+2.94%) stock sectors were the top performers, while insurance (-3.21%), household & personal products (-2.35%), and software & services (-2.18%) sectors underperformed the market.

Apple (AAPL) marked an all-time high of $199.62 before ending the session at $198.11, a record close.

Tesla (TSLA) jumped 4.91%, while most other big-tech stocks closed lower with Microsoft (MSFT) sliding 2.25% and Amazon.com (AMZN) down 0.95%.

Ford Motor (F) rose 7.47%, and General Motors (GM) gained 6.65%.

Goldman Sachs (GS) closed 5.72% higher, and Wells Fargo (WFC) was up 5.76%.

Moderna (MRNA) jumped 9.25%. The biotech firm released positive data regarding a skin cancer treatment.

Adobe (ADBE) fell 6.35%, as the software developer gave a lower-than-expected business outlook.

In Europe, the DAX 40 dipped 0.08%, the CAC 40 gained 0.59%, and the FTSE 100 was up 1.33%.

U.S. WTI crude-oil futures gained $2.18 (+3.14%) to $71.65 an ounce.

Gold price added $8 (+0.41%) to $2,036 an ounce.


MARKET WRAP: FOREX


The U.S. dollar weakened further against other major currencies thanks to the Federal Reserve's projection of cutting interest rates in 2024. The dollar index declined to 101.96.

EUR/USD jumped 117 pips to 1.0990. As expected, the European Central Bank (ECB) held its key interest rate unchanged at 4.50%. But unlike the Federal Reserve, the ECB did not hint at any rate cut in the near future.

GBP/USD surged 147 pips to 1.2765. The Bank of England kept its key rate unchanged at 5.25% as expected, and pointed out that rates need to stay high for an extended period.

USD/CHF fell 41 pips to 0.8676. The Swiss National Bank maintained its key rate unchanged at 1.75% as expected.

USD/JPY dropped 100 pips to 141.89.

AUD/USD gained 35 pips to 0.6697.

USD/CAD sank 110 pips to 1.3408.

Bitcoin regained its strength climbing back to the level of $43,000 again.


Registration link
https://bit.ly/3GzD19B
Use Code fx for 5% discount
 
MARKET WRAP: STOCKS, BONDS, COMMODITIES


On Thursday, U.S. stocks closed higher recovering a large part of the previous session's losses. The Dow Jones Industrial Average rose 322 points (+0.87%) to 37,404, the S&P 500 climbed 48 points (+1.03%) to 4,747, and the Nasdaq 100 was up 203 points (+1.23%) to 16,757.

The U.S. 10-year Treasury yield slid 11 basis points to 3.890%.

Automobiles & components (+3.02%), semiconductors (+2.25%), and health-care equipment & services (+1.46%) stock sectors gained the most.

Micron Technology (MU) jumped 8.63%, as the chip maker's quarterly revenue forecast exceeded expectations.

Advanced Micro Devices (AMD) rose 3.28%, Intel (INTC) climbed 2.88%, and Nvidia (NVDA) was up 1.83%.

Carnival (CCL) traded 6.2% higher. The world's largest cruise company posted a smaller-than-expected loss.

Norwegian Cruise Line (NCLH) gained 5.44%, and Royal Caribbean Cruises (RCL) was up 5.22%.

Tesla (TSLA) rebounded 2.98%.

In after-market hours, Nike (NKE) sank 10%, as the sportswear company cut its sales outlook and announced plans to cut costs by about $2 billion.

U.S. data showed that third-quarter GDP growth was 4.9% on quarter, slightly below a growth of 5.2% expected. The latest number of initial jobless claims increased to 205,000 (vs 209,000 expected).

The Philadelphia Fed manufacturing index dropped to -10.5 in December (vs -4.0 expected), and the Conference Board leading index fell 0.5% on month in November (as expected).

European stocks finished lower, with the DAX 40 falling 0.27%, the CAC 40 down 0.16%, and the FTSE 100 down 0.27%.

U.S. WTI crude-oil futures dropped $0.26 to $73.96 a barrel.

Gold price was little changed at $2,045.


MARKET WRAP: FOREX


The U.S. dollar saw its weakness against other major currencies resume. The dollar index fell to 101.75.

EUR/USD added 72 pips to 1.1010, and GBP/USD rose 51 pips to 1.2688.

USD/JPY slid 147 pips to 142.09. This morning, Japan's data showed that the inflation rate slowed to 2.8% on year in November (vs 2.6% expected), and the core inflation rate eased to 2.5% (as expected).

AUD/USD lost 68 pips to 0.8558.

USD/CHF climbed by +71 pips to 0.6800.

USD/CAD dropped 84 pips to 1.3282. Canada's data showed that retail sales grew 0.7% on month in October (vs +0.5% expected).

Bitcoin continued to challenge the level of $44,000.

Registration link
https://bit.ly/3GzD19B
Use Code fx for 5% discount
 
BUY 1.
GET 2 FREE.
WE’RE NOT JOKING.


Our most popular promotion is back for Boxing Friday!
Buy a fully loaded account and receive 2 for free!
Applies to all $10,000, $100,000 and $200,000 Evaluations.

Registration link
https://bit.ly/3GzD19B
Use code boxingday

unnamed (3).png
 
We’re now only 5 days away from 2024 and that means a brand new trading year is about to start.

The question is, what’s stopping you from becoming a Funded Lark Trader?

Well, if you’ve honed your skills in 2023, this may be the year for you to start stacking your challenge accounts.

If that’s the case, our Buy 1 Get 2 Free promotion is exactly what you need.

Here’s how it works:

Buy a fully loaded $10,000, $100,000 or $200,000 Evaluation, and you’ll receive two standard Evaluations half the size of the one you purchased.


For free!


Registration link

https://bit.ly/3GzD19B
Use code boxingday
 
MARKET WRAP: STOCKS, BONDS, COMMODITIES


On Tuesday, U.S. tech stocks marked a disappointing start of 2024 with the Nasdaq 100 slumping 281 points (-1.68%) to 16,543, the worst performance since October. The S&P 500 fell 27 points (-0.57%) to 4,742, while the Dow Jones Industrial Average gained 25 points (+0.07%) to 37,715.

Telecom services (+2.53%), pharmaceuticals, biotechnology & life sciences (+2.34%), and food, beverage & tobacco (+1.76%) stock sectors were the top performers in the session, while semiconductors (-3.24%), technology hardware & equipment (-3.09%), and software & services (-1.77%) sectors underperformed the market.

Apple (AAPL) fell 3.58% to a seven-week low after the stock was downgraded to "underweight" at Barclays.

Tesla (TSLA) was flat at close. The electric-vehicle maker reported that it delivered a record number of 494,989 vehicles in the fourth quarter, raising the total annual delivery number to 1.8 million vehicles.

Rivian Automotive (RIVN) sank 10.06%, as the electric-vehicle maker's quarterly delivery figures missed expectations.

Meanwhile, other big-tech stocks closed lower, with Nvidia (NVDA) dropping 2.73%, Meta Platforms (META) down 2.17%, Microsoft (MSFT) down 1.37%, Amazon.com (AMZN) down 1.32%, and Alphabet (GOOGL) down 1.09%.

On the other hand, Moderna (MRNA) jumped 13.12%, as the biotech firm was upgraded to "outperform" at Oppenheimer.

The U.S. 10-year Treasury yield gained 8.3 basis points to 3.943%.

In Europe, the DAX 40 gained 0.11%, while the CAC 40 slipped 0.16%, and the FTSE 100 declined 0.15%.

U.S. WTI crude-oil futures dropped $1.12 (-1.56%) to $70.53 a barrel.

Gold price fell $4 to $2,058 an ounce.


MARKET WRAP: FOREX


The U.S. dollar rose along with higher Treasury yields. The dollar index climbed to 102.22.

EUR/USD fell 103 pips to 1.0941.

USD/JPY gained 109 pips to 141.96.

GBP/USD dropped 104 pips to 1.2619, and AUD/USD slid 50 pips to 0.6761.

USD/CHF rose 89 pips to 0.8501, and USD/CAD increased 86 pips to 1.3322.

Bitcoin once ran up to $45,925, the highest level since April 2022, before retreating back to $45,000.


Registration link
https://bit.ly/3GzD19B
Use Code fx for 5% discount
 
MARKET WRAP: STOCKS, BONDS, COMMODITIES


On Thursday, the Nasdaq 100 declined a further 86 points (-0.53%) to 16,282, extending its losing streak to a fifth session, the longest one since October 2022. The S&P 500 also closed 16 points lower (-0.34%) at 4,688, while the Dow Jones Industrial Average edged up 10 points (+0.03%) to 37,440.

The ADP jobs report showed that the U.S. economy added 164,000 private jobs in December (vs +99,000 expected). The latest number of initial jobless claims declined to 202,000 (vs 225,000 expected).

Investors are expecting the U.S. official jobs report for December, to be released later today, to show a slower addition of non-farm payrolls of 150,000 and a higher jobless rate of 3.9%.

Meanwhile, the U.S. 10-year Treasury yield gained 8.6 basis points to 3.993%.

Energy (-1.63%), retailing (-1.62%), and technology hardware & equipment (-1.15%) stock sectors lost the most during the session.

Microsoft (MSFT) declined 0.72%, Apple (AAPL) fell 1.23%, Alphabet (GOOGL) dropped 1.82%, and Amazon.com (AMZN) lost 2.63%.

Nvidia (NVDA) gained 0.90%, while ON Semiconductor (ON) slid 3.92% and NXP Semiconductors (NXPI) was down 3.85%.

Mobileye Global (MBLY) plunged 24.55%, as the self-driving system developer gave a lower-than-expected full-year revenue forecast.

Peloton Interactive (PTON) jumped 13.94%. The interactive fitness platform announced a collaboration with TikTok to offer personalized social contents.

European stocks closed higher, with the DAX 40 gaining 0.48%, the CAC 40 up 0.52% and the FTSE 100 up 0.53%.

U.S. WTI crude-oil futures eased $0.31 to $72.39 a barrel.

Gold price added $2 to $2,043 an ounce.


MARKET WRAP: FOREX

The U.S. dollar index was little changed at 102.39.

EUR/USD climbed 25 pips to 1.0946. Inflation in Germany increased to 3.7% on year in December (as expected), and that in France also ticked up to 3.7% (vs 3.8% expected).

USD/JPY jumped 136 pips (+0.95%) to 144.65.

GBP/USD rose 18 pips to 1.2680, while AUD/USD dipped 25 pips to 0.6704.

USD/CHF added 11 pips (+0.13%) to 0.8501.

USD/CAD was little changed at 1.3350.

Bitcoin regained upward momentum, as it surpassed both $43,000 and $44,000 levels. Investors kept expecting approvals for Bitcoin spot exchange-traded funds (ETFs) to be announced within a few days.


Registration link
https://bit.ly/3GzD19B
Use Code fx for 5% discount
 
Just came across some wild stats at larkfunding.

The average payout on our 2-Stage is $5,620. But on our 3-Stage, it's $7,723. Average days from purchase to payout? 2-Stage = 46.45 days 3-Stage = 30.41 days The verdict is in Traders are making more money and getting paid faster on our 3-Stage Program. The 2-Stage should no longer be the automatic choice for traders. -Matt
 

Live Forex Chart

Currency
Rates
EUR / USD
1.14836
USD / JPY
156.876
GBP / USD
1.33671
USD / CHF
0.82460
USD / CAD
1.39962
EUR / JPY
180.150
AUD / USD
0.71240
Back
Top
Log in Register