Investors cheered two economic reports that may signal inflation is cooling off.
heading into earnings because each bank could surprise to the upside on revenue and expenses, Graseck wrote.Tesla shares reached their lowest level in about two years Friday after the electric car maker cut its Model 3 and Model Y vehicles. The stock traded 5.6% lower, dragging down the Nasdaq Composite.Jobs report boosted expectations for soft landing, but recession clock is ticking, Shah says
Still, investors may not want to cheer the news too much as it likely won't change the Fed's actions in the coming months. Some economists expect the Fed will raise rates by a half percentage point, while traders in the futures market have been betting on a quarter point hike.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
JPMorgan's top picks for 2023, including two stocks coming off their worst performances in decadesThese are names the firm says are worth looking at despite the rocky year expected.
Les mer »
Casino stocks in 2023: It could come down to this region, analysts sayMacau's reopening could be the biggest driver of Wall Street's optimism on the sector's overall profits, analysts said on Wednesday.
Les mer »
10 tech stocks to buy in 2023 as the sector rebounds: WedbushBuy these 10 top tech stocks before the sector rises 20% this year by cutting costs and crushing low expectations, according to Wedbush
Les mer »
Phase Zero: Episode 3x01: 2023 MCU Movie & TV Preview Show on Apple Podcasts2023 MCU preview episode of PhaseZeroCB just dropped. 5 Marvel movies & 5 Marvel shows with special guest AshCrossan, host of Marvel's Hall H panel at SDCC! Download & subscribe- Apple: Spotify: YouTube:
Les mer »
Michelle Barrientes Vela sentenced to 5 years probation, 90 days in jail, 600 hours community serviceFormer Bexar County Precinct 2 Constable Michelle Barrientes Vela was sentenced Wednesday to five years probation, 90 days in jail and 600 hours of community service.
Les mer »
California looking to pay reparations to 600 people who were forcibly sterilized by the stateCalifornia is looking to provide 600 people with $15,000 in reparations after the state sterilized people against their will as part of two different programs.
Les mer »