S&P 500 ends near two-year low as bear market deepens
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StreetInsider.com Top Tickers, 2/1/2023
- Stocks rise, dollar retreats ahead of Fed decision
- Snap shares plunge 14% following Q4 report, warns of sales drop; analysts mostly bearish
- BofA's top indicator projects S&P 500 at 4700 over the next 12 months
- Eurozone inflation slows by more than expected in January
- AMD shares rise after Q4 report that beat expectations for revenue, EPS
- Upstart Holdings (UPST) to lay off 20% of workforce due to current macro headwinds
- General Motors (GM) Invests $650M in Lithium Americas (LAC), Enters Supply Agreement
- HubSpot (HUBS) plans reduction of workforce by approximately 7%
- NetApp (NTAP) sees charges from plan to restructure
- Context's (CNTX) Partner Stemline Therapeutics Announces FDA Approval of ORSERDU
- After-hours movers: Snap and Match sinks on weak outlooks, AMD gains on EPS
- Midday movers: General Motors, McDonald's, Pfizer and more
- Pfizer, McDonald's fall in premarket, International Paper, UPS jump
- After-hours movers: NXP falls following results, Whirlpool gains
- Exxon Mobil, Pfizer, McDonald's earnings: 3 things to watch
Wells Fargo Says FOMC Will Not Cut at First Sign of Economic Weakness
September 27, 2022 6:27 AM EDTWells Fargo Says FOMC Will Not Cut at First Sign of Economic Weakness.
Wells Fargo Economist Jay Bryson comments "We now look for the FOMC to hike its target range for the fed funds rate by 75 bps at the November 2 meeting and by 50 bps at the policy meeting on... More
