“Over the near term, our sense is that U.S. equity markets are likely to experience some additional downward pressure,” Chris Senyek wrote on Thursday. “However, over the intermediate-term, we continue to believe that the Market Cycle will have the biggest impact on overall equity market ...
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The broad market index jumped 0.2% for the period, and the Dow finished marginally higher. Both indexes wrapped six winning weeks, their longest run since 2019. The Nasdaq advanced 0.7%. The jobs report continues to portray an economy that “isn’t on the brink of recession,” while the ...
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Today's market Michael P. Reinking, CFA Sr. Market Strategist November 7, 2024 at 1:30 p.m. EDT Ahead of today’s FOMC Policy decision US equity markets continue to trade well. The S&P 500 is extending gains, but the leadership has flipped. Mega-cap tech stocks playing some catch-up...
He’s speaking again today at the Economic Club of Washington, DC. It’s at noon and we’ll stream it live. Meanwhile, don’t miss this analysis from CNN Business’ Matt Egan on the Fed’s delicate unwinding of its crisis-era balance sheet. Many market watchers believe that the ...
Today's market rebound is a 'dead cat bounce,' says Nouriel Roubini From CNN Business' Anneken Tappe Stock futures point to a strong rebound rally today after Monday’s dramatic losses. But can these gains be sustained? Many market participants are skeptical. After all, the fundamentals –...
live stream that “there has definitely been a surge” in demand for costumes and other halloween goods. he chalks that up to pent-up demand given that many people didn’t celebrate the holiday last year due to covid concerns. silverstein said that the national retail federation is ...