David Plouffe Joins The Harris Campaign as Senior Adviser - Reuters
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StreetInsider.com Top Tickers, 8/18/2026
- US stock futures fall as fading Iran peace prospects drive up oil, yields
- Baidu slips as Q2 results miss estimates despite growth in AI cloud business
- Nvidia or Sandisk? BofA reveals which stock is under-owned and which is crowded
- Home Depot beats estimates, reaffirms fiscal 2026 guidance
- Citi says positioning risk is shifting from short squeezes to profit-taking
- Wall Street indexes slip as oil prices rise, retail results awaited
- Micron rises as White House presses Apple to avoid Chinese memory chips
- BofA sees Micron EPS topping $230 by FY30, calls peak fears overblown
- Trump threatens to bomb Oman over Iran stance
- H.C. Wainwright Reiterates Buy Rating on Soluna (SLNH)
S&P 500’s pullback deepens as hard landing fears spike: RBC
August 5, 2024 6:23 AM EDTThe S&P 500 resumed its pullback late last week, driven by escalating fears of a hard landing following disappointing economic data, RBC Capital said in a note Monday.
Initially, the market showed signs of stabilization, bolstered by expectations of a rate cut in September following Wednesday's Federal Reserve meeting.
However, weaker-than-expected ISM and jobs reports reignited concerns about economic downturns and policy missteps. By Friday's close, the S&P 500 had declined 5.7% from its July high, a pullback slightly more severe than... More
Morgan Stanley on Markets: Path to a 'Goldilocks' scenario is narrowing
August 4, 2024 5:30 AM EDTAccording to Morgan Stanley, the path to a "Goldilocks" scenarioa state of economic equilibrium characterized by moderate growth and low inflationis becoming increasingly difficult to navigate.
The bank's latest note highlighted the market's reaction to a potential start of Federal Reserve rate cuts in September, driven by a noticeable slowdown in June inflation, which caused a significant drop in US Treasury yields and a rotation in equity leadership.
The bank explained that the S&P 500 Index,... More
