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- Wall Street ends lower as solid jobs data fuels hawkish Fed bets
- US nonfarm payrolls blow past expectations in August; unemployment rate steady at 4.1%
- BofA's Hartnett says stay long commodities and gold as 'policy panic' works
- Oil ends week higher on renewed US-Iran strikes, diesel hits record
- TikTok owner ByteDance said to secure $29.6bn loan for AI push
- After-Hours Movers: LULU, IOT, PATH, DOCU, ASAN, GWRE, ZS, PL, SWBI, OXM
- After-Hours Movers: AVGO, SNOW, HPE, NTAP, NTSK, CHPT, FIVE, TLYS, PVH, RARE
- After-Hours Movers: DELL, PANW, GTLB, CRDO, MDB, HPE, SMCI
- After-Hours Movers: WDAY, ADSK, S, RBRK, MRVL, ULTA, GAP, AFRM
- After-Hours Movers: NVDA, CRM, SNPS, CRWD, OKTA, NTNX
The business cycle should influence markets more than the election: Morgan Stanley
August 31, 2024 4:00 AM EDTAs the U.S. approaches another presidential election, investors are naturally curious about how the outcome might affect the markets.
However, Morgan Stanley analysts suggest that the business cycle, rather than the election, will have a more significant impact on market behavior.
Morgan Stanley said in a note to clients on Monday that while election years are often filled with speculation and predictions, the historical impact of elections on markets is less clear.
Our... More
Fed's Daly: Time to Adjust Policy is Upon Us, Hard To Imagine Anything Could Derail Sept Rate Cut
August 26, 2024 2:06 PM EDTFed's Daly: Time to Adjust Policy is Upon Us, Hard To Imagine Anything Could Derail Sept Rate Cut
... MoreBe careful with stocks and bonds as dollar could bounce here: BTIG
August 26, 2024 12:43 PM EDTInvestors should exercise caution with stocks and bonds as the U.S. dollar shows potential for a bounce, according to a recent note from BTIG.
Despite the initial market enthusiasm following Federal Reserve Chair Jay Powell's dovish speech at Jackson Hole, BTIG suggests that the rally may not have much further to run.
The firm notes that while the market is trending higher, there is... More
