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Top related persons:
Patrick McDonough - 2 Goldman Sachs - 1 Europe's - 1 PGIM's McDonough - 1 McDonough - 1 Charlie Ashley - 1 Dhaval Joshi - 1 Joshi - 1
Top related locs:
U.S Lowe's Chicago . Kansas Michigan
Top related orgs:
Nasdaq - 2 Nvidia - 2 Catalyst Funds - 2 Dow Jones Industrial - 1 Japan's Nikkei - 1 BCA Research - 1 CPI - 1 PPI - 1

Search resuls for: "PGIM's McDonough"


2 mentions found


☆ Wall Street will try to maintain AI-fueled momentum in the final week of February, as inflation concerns linger
  + stars: | 2024-02-23 | by ( Sarah Min | ) www.cnbc.com   time to read: +8 min
In the final week of February, Wall Street will strive to maintain its AI-fueled rally even as economic concerns linger and the Federal Reserve's favorite inflation measure is on deck. But many worry the writing is on the wall for these market leaders as economic and inflation risks linger. The 'lone cloud' of inflation The Fed's preferred inflation gauge will also be released in the week ahead. Investors are concerned that sticky inflation will mean that the Fed will hold onto its higher-for-longer interest rate policy. Next week will also be the final week of February, with stocks headed for another strong month of gains.
Persons: Goldman Sachs, Patrick McDonough, Europe's, PGIM's McDonough, McDonough, Charlie Ashley, Dhaval Joshi, Joshi, Ashley, John Williams, TJX Cos Organizations: Dow Jones Industrial, Nasdaq, Nvidia, Japan's Nikkei, Catalyst Funds, BCA Research, CPI, PPI, Dow, New, Dallas Fed, Fidelity National Information Services, Richmond Fed, eBay, Enterprise, Cruise Line Holdings, New York Federal Reserve Bank, York, Monster Beverage, Paramount Global, PCE Deflator, Chicago PMI, . Kansas City Fed Manufacturing, Hewlett Packard Enterprise, Autodesk, Body, Hormel, PMI, Manufacturing Locations: U.S, Lowe's, Chicago, . Kansas, Michigan
☆ What's next for the S&P 500 after hitting a record? Nvidia is the key
  + stars: | 2024-02-22 | by ( Sarah Min | ) www.cnbc.com   time to read: +3 min
Where markets go next may well depend on how Nvidia does after going forward. "The answer here will depend on NVDA," Tom Essaye of The Sevens Report wrote in a Thursday note. "The stock is at an all-time high ... and if it can hold (or extend) this rally ... it'll imply that tech can help lead this market higher." Nvidia and other artificial intelligence darlings, including Meta Platforms, powered the broader market last year, while other stocks underperformed. I'd rather take it elsewhere in something that hasn't had as much of a run as Nvidia has."
Persons: Tom Essaye, Essaye, Patrick McDonough, Solita Marcelli, Charles Ashley, hasn't, Said PGIM's McDonough Organizations: Nvidia, Revenue, Nasdaq, VanEck Semiconductor, Federal Reserve, Meta, UBS Global Wealth Management, Catalyst Funds
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