S&P 500 ends slightly lower after jobs report
- Stocks decline as interest rate uncertainty, earnings weigh
- ASML slides as Q1 sales fall short but firm still on track for 2025 revenue target
- US dollar weakens as market consolidates gains, but uptrend intact
- Abbott Laboratories (ABT) narrows 2024 earnings guidance, shares slip
- Stocks have priced in much of the 2024 optimism - Wells Fargo
- Hasbro (HAS) Announces Resignation of Cynthia Williams, President of Wizards of the Coast and Hasbro Gaming
- ICZOOM Group (IZM) Discloses Request to Withdraw Registration Statement on Form F-1
- Alaska Airlines flights resume after being grounded over aircraft system issue
- GE HealthCare (GEHC) Announces Resignation of Jan Makela, CEO of Imaging
- Barnes & Noble Education (BNED) Enters Definitive Agreement with Immersion (IMMR)
- After-hours movers: Alcoa rises; Equifax and Las Vegas Sands fall
- Midday movers: Travelers, JB Hunt fall; United Airlines rises
- After-hours movers: United Airlines, J.B. Hunt, and more
- Midday movers: Morgan Stanley, UnitedHealth rise; Tesla falls
- Morgan Stanley, UnitedHealth and Bank of America rise premarket; Tesla falls
Signals suggest inflation is peaking - Berenberg
December 2, 2022 10:36 AM ESTBerenberg analyst Jonathan Stubbs told investors in a note on Friday that signals suggest inflation is peaking.
He explained that the firm analyse the inflation rates in the 40 largest economies around the world, with the median inflation (CPI) rate currently 10%, the "highest level since 1982 on this basis and compares to 1.7% at the start of 2021."
"The world is experiencing a sharp inflationary shock for a variety of reasons.... More
We are selling risk rallies - Bank of America's Hartnett
December 2, 2022 8:44 AM ESTMichael Hartnett, Chief Investment Strategist at Bank of America, has reiterated his bearish position and the view that equities have some unfinished business at levels much lower than here.
The inflation shock is over, claims Hartnett, rates shock is close to done but rates shock & recession shock for Main St just... More