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Nasdaq notches another record close
  + stars: | 2024-05-20 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNasdaq notches another record closeKara Murphy, Kestra Investment Management CIO, and Brooke May, Evans May Wealth managing partner, join 'Closing Bell Overtime' to talk the day's market action after another record day for the Nasdaq.
Persons: Kara Murphy, Brooke May, Evans Organizations: Kestra Investment Management, Wealth, Nasdaq
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStill wide swaths of the market where people aren't paying attention: Kestra Investment's MurphyKara Murphy, Kestra Investment Management CIO, joins 'Squawk Box' to discuss the latest market trends ahead of the opening bell on Thursday.
Persons: Kestra Investment's Murphy Kara Murphy Organizations: Kestra Investment Management
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're starting to see a loosening in the labor market, says Kestra Investment's Kara MurphyKara Murphy, Kestra Investment Management CIO, joins 'Squawk Box' to discuss the latest market trends, the inflation trajectory, the Fed's rate hike campaign, and more.
Persons: Kestra Investment's Kara Murphy Kara Murphy Organizations: Kestra Investment Management
What does Moody’s downgrade mean for markets?
  + stars: | 2023-08-09 | by ( Krystal Hur | ) edition.cnn.com   time to read: +5 min
CNN —Moody’s on Monday evening downgraded 10 US banks and put the credit ratings of six others on review, an indication that the agency could also eventually downgrade those institutions. Some investors say that while the Moody’s downgrade isn’t groundbreaking, it’s a reminder that the economy, and markets, still have challenges ahead. Moody’s downgraded Commerce Bank, BOK Financial, M&T Bank, Old National Bank, Prosperity Bank, Amarillo National Bank, Webster Financial, Fulton Financial, Pinnacle Financial and Associated Bank. Wall Street firms fined $549 million for using WhatsApp and other channelsWells Fargo is among a number of Wall Street firms that admitted Tuesday to using WhatsApp, Signal and other messaging platforms for “off-channel” communications in violation of federal recordkeeping requirements. The Securities and Exchange Commission said the Wall Street firms acknowledged wrongdoing and have agreed to pay penalties totaling $289 million, reports my colleague Matt Egan.
Persons: CNN — Moody’s, JPMorgan Chase, Wells, Goldman Sachs, BNY, Cullen, Frost, ” Moody’s, , Kara Murphy, Fitch, Christopher Marinac, Janney Montgomery Scott, Price, Matt Egan, Houlihan Lokey, Alicia Wallace Organizations: CNN Business, Bell, CNN, Bank, Dow Jones, Nasdaq, JPMorgan, Banking, BNY Mellon, Northern Trust, Frost Bankers, Truist Financial, US Bank, Moody’s, Commerce Bank, BOK, T Bank, National Bank, Prosperity Bank, Amarillo National Bank, Webster Financial, Fulton Financial, Pinnacle Financial, Associated Bank, PNC Financial Services, Financial, Citizens Financial, Fifth Third Bank, Huntington Bank, Regions Financial, Cadence Bank, FNB Corp, Simmons, Ally Financial, Bank OZK, Valley Bank, Signature Bank, Federal Reserve, Kestra Investment Management, Consumer, Wall Street, Securities, Exchange Commission, SEC, BNP, SG Americas, BMO Capital Markets, Mizuho Securities, SMBC Nikko Securities, Federal Reserve Bank of New Locations: Wells Fargo, Amarillo, Marinac, Wells, SMBC Nikko Securities America, WhatsApp, Federal Reserve Bank of New York, York
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe 'character' of the market really changes from here, says Kestra Investment's Kara MurphyKara Murphy, Kestra Investment Management CIO, joins 'Squawk Box' to discuss the latest market trend, earnings season, and more.
Persons: Kestra Investment's Kara Murphy Kara Murphy Organizations: Kestra Investment Management
Although a pause in interest rate hikes appears likely, cuts may be farther off than some believe. Still, investors have remained hyper-alert for signs that the central bank could let up its brisk clip of interest rate increases. The central bank also opened the door to a pause, accelerating bets that the Fed will hold rates steady at its next meeting in June and cut rates as soon as July. The Fed is unlikely to cut rates in JulyExperts say that the Fed won’t cut rates anytime soon for two key reasons: Inflation remains sticky, and the economy has stayed strong. that’s not to say that a Fed rate cut this year is completely out of the cards, says Nicole Webb, senior vice president at Wealth Enhancement Group.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStocks still aren't digesting more aggressive Fed stance, says Kestra's Kara MurphyKara Murphy, Kestra Investment Management CIO, joins 'Squawk Box' to discuss Murphy's thoughts on recent equity market performance, the commodities Murphy is staying away from and what Murphy would recommend buying at this time.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with CIC Wealth's Malcolm Ethridge, Citi’s Kristen Bitterly and Kestra’s Kara MurphyCIC Wealth's Malcolm Ethridge, Citi’S Kristen Bitterly and Kestra’s Kara Murphy, join 'Closing Bell: Overtime' to discuss the markets ahead of a potentially game changing CPI report.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWall Street is turning the chapter in this bear market, says Kestra CIO Kara MurphyKara Murphy, chief investment officer at Kestra Investment Management, and Mimi Duff, managing director at GenTrust, join CNBC's 'Squawk Box' to break down potential investment strategies ahead of the open.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Kestra Investment's Kara Murphy and G Squared's Victoria GreeneKara Murphy, Kestra Investment Management CIO, and Victoria Greene, G Squared Private Wealth CIO, join CNBC's 'Squawk Box' to discuss expectations for next year's rate hikes, how investors should position in this environment, and more.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStocks could start to rally over the next couple of months, says Kestra Investment's MurphyKara Murphy, Kestra Investment Management CIO, and Victoria Greene, G Squared Private Wealth CIO, join CNBC's 'Squawk Box' to discuss expectations for next year's rate hikes, how investors should position in this environment, and more.
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