Wall Street gains as first trade deal reached
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StreetInsider.com Top Tickers, 10/7/2026
- S&P 500, Nasdaq ease from record highs as Treasury yields climb
- Want to be a stock market bear? BCA says watch potential U.S. tax increases
- SpaceX seeks $40bn in financing for Nvidia chip purchase
- Chip stock could soar nearly 200%, analyst says: "If you don’t buy it, they will"
- Musk rules out TSMC role in Terafab operations; Intel gains
- HubSpot to cut 7% of workforce in restructuring plan
- Anthropic launches Claude Haiku 5.5 with tiered pricing structure
- Caribou Biosciences to halt CAR-T programs, explore sale
- Sportradar to sell Synergy Sports coaching unit for $170M
- Emera and Canadian Utilities agree to merge in $72B all-share deal
JPMorgan on the US: 'Productivity growth returning to pre-COVID levels'
May 8, 2025 10:02 AM EDTJPMorgan on the US: 'Productivity growth returning to pre-COVID levels'
The analyst comments "Nonfarm business productivity fell 0.8%q/q saar in 1Q, and with compensation per hour still up a robust 4.8%, unit labor costs consequently surged 5.7%. The contraction in productivity, the first in close to three years, is the key reason that 1Q GDP was so weak (-0.3%) despite hours worked in nonfarm businesses having grown 0.6%,... More



