Weekly initial jobless claims rise 242,000, more than expected
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StreetInsider.com Top Tickers, 8/9/2026
- S&P closes at record high as soft jobs report eases rate-hike concerns
- US suffers unexpected job losses in July, markets dial back rate hike expectations
- Brent climbs $1 on uncertainty over end to Iran war
- Atlassian results seen as 'game changer' for AI kills software worries
- The Trade Desk hit by Wall St downgrades after disappointing Q2 results, outlook
- Citi cuts Micron stock target, sees memory chip prices peaking in 2Q27
- S&P closes at record high as soft jobs report eases rate-hike concerns
- Atlassian results seen as 'game changer' for AI kills software worries
- US suffers unexpected job losses in July, markets dial back rate hike expectations
- Microsoft only US hyperscaler with positive free cash flow as AI capex bites
- After-Hours Movers: TEAM, NET, TWLO, DOCS, FROG, DV, TTD, ABNB, DKNG, SG, RKT
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BTIG: SPY gap points to poor near-term risk/reward
June 13, 2024 1:36 PM EDTBTIG analysts warned in a note Thursday that the recent strong performance of the S&P 500 might be short-term, with potential downside in the near future. Their analysis is based on historical data related to gaps following impressive index moves.
"An impressive index move post CPI yet again, but as always, it's the 'reaction to the reaction' that matters," says BTIG. They point out that... More
