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☆ Nvidia's terrible Friday gives traders a preview of what a momentum unwind would look like
▼ + stars: | 2024-03-09 | by ( Michael Santoli | ) www.cnbc.com time to read: +8 min

The S & P 500 Volatility Index finished the week near 15 and is in a clear three- month uptrend from its mid-December low near 12, even as the S & P 500 has gained 10% since then. In fact, Friday the market minimized the headline damage to a mere two-thirds-percent dip in the S & P 500 through its signature rotational impulse. Some indicators — such as speculators remaining net short S & P 500 futures and brokerage strategists' muted index targets — imply the helpful wall of worry is not quite fully scaled. Since then, the S & P has delivered a 16.7% annualized total return, even after two bear markets and two other severe/prolonged corrections. And the S & P is only up 7% from its high 26 months ago, hardly in thin air.

Persons: what's, Eli Lilly, Martin Marietta, Nick Colas, Scott Chronert Organizations: Federal, Nvidia, Costco, pharma, Martin Marietta Materials, Vulcan, 3Fourteen Research, NYSE, Nasdaq, DataTrek, Citi

Shop at Amazon Shop at Walmart What we like Check mark icon A check mark. Shop at Amazon Shop at Hatch What we like Check mark icon A check mark. Shop at Amazon Shop at Best Buy Shop at Casper What we like Check mark icon A check mark. What to look for in sunrise alarm clocksSunrise alarm clocks are a bit different from traditional alarm clocks, so there are certain features you want to consider before purchasing one. How we tested sunrise alarm clocksWe used each alarm for at least three days to test their features and performance.

Persons: Chris Winter, Hatch, Suzy Hernandez, I've, Philips, Jenny McGrath, It's, it's, Alex Dimitriu, William Winter, Dimitriu, Kelly Waters Organizations: Business, Charlottesville Neurology, Sleep, Philips, Amazon, Shop, Bluetooth, Walmart, Smart, Menlo Park Psychiatry, Eastern Psychological Association, SleepScore Labs, Spectrum Health Locations: Charlottesville, Nepal, Casper

☆ The mortgage 'lock-in' effect is here to stay and home prices won't fall for years to come, research firm says
▼ + stars: | 2024-03-05 | by ( Phil Rosen | ) www.businessinsider.com time to read: +3 min

Easing mortgage rates won't fully unwind the "lock in" effect, Capital Economics said. Home moves and market activity will remain muted even if borrowing costs become more attractive. "Even if mortgage rates fall to 6% as we expect, mortgage rate 'lock in' will continue to curb home moves," Capital Economics strategists said. In the research group's view, housing market activity will remain muted as competition for homes stays tight and affordability remains historically low. The strategists expect mortgage rates, too, will continue to trend above pre-pandemic levels.

Persons: — Organizations: Capital Economics, Service, Capital

☆ A bigger pool of American workers could continue to slow inflation even further
▼ + stars: | 2024-03-03 | by ( Bryan Mena | ) edition.cnn.com time to read: +7 min

Now, as the Federal Reserve faces the final stretch of its historic inflation battle, a bigger pool of workers could slow inflation even further. That then begs the question: How much more can better labor supply slow inflation? The US Labor Department releases January figures on job openings, quits, hires and layoffs. The US Labor Department reports the number of new applications for jobless benefits in the week ended March 2. China’s National Bureau of Statistics releases February inflation data.

Persons: Mary Daly, “, ” Sarah House, Michael Gapen, That’s, Jack Bantock, ’, ”, Richard Felton, Thomas, ’ ”, Patrick Harker, Ross, Nordstrom, Michael Barr, Campbell Soup, Foot, Jerome Powell, Loretta Mester Organizations: DC CNN, Federal Reserve, San Francisco Fed, National Association for Business Economics, Labor, CNN, Bank of America, White House’s Council, Economic Advisers, English Premier League, Chelsea, Burnley, Philadelphia Fed, Target, P Global, Institute for Supply Management, US Commerce Department, Abercrombie, Fitch, Financial Services, The Bank of Canada, US Labor Department, Broadcom, Costco, Eagle Outfitters, Potbelly, Banking, Housing, Urban Affairs, European Central Bank, Cleveland Fed, National Bureau of Statistics Locations: Washington, San, Wells, United States, London, JD.com, Kroger, Burlington, DocuSign

☆ My fiancé and I unexpectedly moved into a new apartment a week before our wedding. The stress only made us closer.
▼ + stars: | 2024-03-03 | by ( Hayley Folk | ) www.businessinsider.com time to read: +5 min

Not long before my wedding, I decided to look at an apartment to see what our future could be like. AdvertisementThey say two of the most stressful things you can do in life are moving and getting married, and whoever they are, they're usually right. Hayley Folk and her fiancé — now husband — decided to move just a week before their wedding. Courtesy Hayley FolkMoving so close to getting married is not for the faint of heartOriginally, it was my idea to relocate. When the wedding day arrived, we both felt calm.

Persons: —, Hayley Folk, Hayley, We'd, Kyle wouldn't, hadn't, Kyle, we'd, hitched Organizations: Service Locations: California, New

☆ 'There's an enormous catch-up trade': These 5 small-cap stocks are destined to soar, according to a stock researcher behind a top-11% fund in the last 5 years
▼ + stars: | 2024-03-03 | by ( James Faris | ) www.businessinsider.com time to read: +8 min

The research director at Westfield Capital Management is instead focused on finding attractive stocks through a bottom-up fundamental process. Many companies have been abandoned in this top-heavy market, Meyers said. Instead of calling for a meltdown for the market's favorite companies, Meyers emphasized the stocks destined to rebound once investors shift their focus away from pricey growth names. "We don't overpay for growth for the sake of growth," Meyers said. 5 top stocks to own nowInvestors searching for small-cap stocks to buy are in the right place.

Persons: —, Ethan Meyers, Meyers, Morningstar, that's, " Meyers, there's, you've, Kevin Rendino, it's, We're, It's Organizations: Service, Business, Westfield Capital Management, Growth, Apple, Microsoft, Nvidia Locations: Westfield

☆ Why the hottest commodity of 2024 could be in for a rude awakening
▼ + stars: | 2024-03-01 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

Cocoa prices rose to a red-hot sizzle this Valentine's Day — but they could soon be due for a reckoning, according to Citi. Cocoa futures finished 25.5% higher in February, cinching their biggest monthly gain since November 2001, when they rose 31.66%. Cocoa supply might increase on one side of the equation, but Doshi cautioned that demand might also be weighed down by consumption risks. Even against this backdrop, Doshi highlighted that it might take some time before cocoa prices completely retreat off their record highs. "Our base case remains that cocoa terminal prices will enter a bear market by end-2024, off a historically rich nominal price area."

Persons: Aakash, Doshi, haven't, Chocolate, Hershey, — CNBC's Michael Bloom, Gina Francolla Organizations: Citi, Wall Street, Nestle Locations: …

Goldman Sachs lowered its rating on Estée Lauder to neutral, and its new price target calls for a slight decline going forward. Elsewhere, Daiwa raised its price target on Nvidia, which points to more than 10% upside over the next 12 months. The firm stood by its outperform rating on the chipmaker stock, but lifted its price target to $900 from $535. FLYW YTD mountain FLYW in 2024 Faucette accompanied his downgrade by lifting his price target to $30 from $27. He also lifted his price target on the stock to $40 from $30, implying upside of 24.6% from Thursday's close.

Persons: Goldman Sachs, Estée Lauder, Jefferies, Root, Daiwa, Brad Sills, Sills, — Lisa Kailai Han, Stephens, Vita Coco, Coco, Jim Salera, COCO, Lisa Gill, Gill, Louis Miscioscia, Miscioscia, Lisa Kailai Han, Piper Sandler downgrades, Piper Sandler, Mark Fitzgibbon, Fitzgibbon, Morgan Stanley downgrades Flywire, Morgan Stanley, James Faucette, Faucette, Goldman Sachs downgrades Estée Lauder, Lauder, Goldman, Yaron Kinar, Kinar, Fred Imbert Organizations: CNBC, Nvidia, Bank of America, of America, Vertex, Accenture, RSM, BDO, JPMorgan, Daiwa, Markets, Riding, AMD, Intel, York Community Bancorp, York Community, New York Community Bancorp, Travel, B2B, U.S, Jefferies Locations: York, Canada, Asia, China, Hainan, Thursday's

☆ Might see some of the popular trades start to unwind as people take profits: Morgan Stanley's Toomey
▼ + stars: | 2024-02-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMight see some of the popular trades start to unwind as people take profits: Morgan Stanley's ToomeyChris Toomey, Morgan Stanley Private Wealth advisor, joins 'Closing Bell' to discuss why Toomey isn't bullish today, the evidence Toomey needs to be more constructive on equities, and much more.

Persons: Morgan Stanley's Toomey Chris Toomey, Morgan Stanley, Toomey, bullish

☆ Market strategist Adam Parker gives his investment predictions for the next decade, including selling crypto
▼ + stars: | 2024-02-26 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +6 min

That's one of 10 investing predictions for the next 10 years by the Trivariate Research market strategist. "We have always said 'we prefer a basket of high-quality US growth equities'" when asked about crypto, Parker said in a note over the weekend. "Missing the appreciation of the asset class is not good, but participating in US growth equities has been more than adequate." "Because it is just a proxy for risk taking, investors can mirror the exposure of a basket of crypto through low quality hyper growth stocks," he added. "This sector checks all the boxes … We think there will be continued consolidation, so owning oil-sensitive energy stocks that are mid-cap likely will prove prudent," he said.

Persons: Adam Parker, That's, Bitcoin, Parker Organizations: Trivariate Research, Metrics, Own U.S, Mining, BHP Group, Microsoft, BHP, Vale, Southern Copper, Marathon Petroleum, Treasury, U.S . Treasury Locations: CRE, New York, San Francisco, Chicago, decarbonization, Freeport, McMoRan, Australia, Rio Tinto, Greece, France, Italy, Spain, Portugal

☆ Dollar firms ahead of busy data week with U.S. inflation in focus
▼ + stars: | 2024-02-26 | by ( ) www.cnbc.com time to read: +4 min

The dollar was on the front foot on Monday ahead of a packed week filled with key economic releases that will provide further clues on the global interest rate outlook, with a U.S. inflation reading taking center stage. The dollar was on the front foot on Monday ahead of a packed week filled with key economic releases that will provide further clues on the global interest rate outlook, with a U.S. inflation reading taking center stage. The kiwi had risen 1.2% last week, helped by broad dollar weakness and the risk of a rate hike from the RBNZ on Wednesday. "If anything, the (data) may be stronger than markets currently expect, and that will likely give a modest boost to the dollar," said CBA's Kong. "But at the same time, any gains in the dollar will likely be pretty modest.

Persons: Carol Kong, Sterling, Jane Foley, CBA's Organizations: Reserve Bank of New, New Zealand, Commonwealth Bank of Australia, of Japan's, U.S, Rabobank, U.S . Commodity Futures, Fed Locations: Japan, Australia, Reserve Bank of New Zealand, China, Asia, U.S

☆ Europe’s energy crisis ‘will completely unwind’ over the next couple of years, Goldman Sachs says
▼ + stars: | 2024-02-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEurope’s energy crisis ‘will completely unwind’ over the next couple of years, Goldman Sachs saysMichele Della Vigna, head of natural resources research in EMEA at Goldman Sachs, discusses the outlook for Europe’s energy markets amid Russia’s ongoing war in Ukraine.

Persons: Goldman Sachs, Michele Della Vigna Organizations: Goldman Locations: Ukraine

☆ The Fed is getting closer to ending the second part of its policy tightening
▼ + stars: | 2024-02-22 | by ( Jeff Cox | ) www.cnbc.com time to read: +4 min

While most of the market's attention has been on interest rates, the Federal Reserve is quietly getting ready to loosen policy in another respect as it prepares to slow down the shedding of assets on its balance sheet. Tapering down the roll-off could see the Fed reducing the caps in half, according to a projection from BNP Paribas. The QT program has resulted in a nearly $1.3 trillion reduction in total holdings, with the total balance sheet now standing at about $7.7 trillion. With confidence growing that inflation is easing, policymakers are looking to loosen up policy, albeit at a measured pace. So at this meeting, we did have some discussion of the balance sheet, and we're planning to begin in-depth discussions of balance sheet issues at our next meeting in March," Chair Jerome Powell said in his January post-meeting news conference .

Persons: Krishna Guha, Goldman Sachs, We're, Jerome Powell, we're Organizations: Federal Reserve, Evercore ISI, Fed, MBS, New York Fed, BNP Paribas, BNP

☆ Second Trump Presidency Would Axe Biden Climate Agenda, Gut Energy Regulators
▼ + stars: | 2024-02-16 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +7 min

Much of that work could go up in smoke if his likely rival Donald Trump beats him at the polls in November, according to Republican policy advisers. Reuters spoke with a dozen Republican policy consultants and former Trump administration officials who are helping lay the groundwork for a second Trump presidency to sketch out the administration's likely approach to energy and environmental issues. Trump formally withdrew the U.S. during his first term in office but Biden swiftly reversed the move in 2021. "A big lesson that everybody in the first Trump administration learned was that personnel is really important. The idea of taking a hatchet to the entire IRA could, however, give some oil industry officials and Republican politicians pause, a former Trump administration official said.

Persons: Valerie Volcovici, Gram Slattery WASHINGTON, Joe Biden, Donald Trump, Trump, Stephen Moore, Trump's, Larry Kudlow, David Bernhardt, Rick Perry, Kevin Hassett, Harold Hamm, Biden, George David Banks, Ivanka, Mike McKenna, Diana Furchtgott, Roth, Timothy Gardner, Richard Valdmanis, Deepa Babington Organizations: Republican, United Nations, Trump, Reuters, White, Heritage Foundation, Republicans, Economic, Energy, Biden, America, Policy Institute, Heritage Locations: United States, Paris, Biden's

☆ This is the hottest trade going on in the market right now, but it's reaching a breaking point, BTIG says
▼ + stars: | 2024-02-12 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

A momentum-focused fund that has gained favor among traders could be in for a turnaround, according to BTIG. The iShares MSCI USA Momentum Factor ETF (MTUM) is trading about 26.5% above its 200-day moving average, said Jonathan Krinsky, chief market technician at the firm. MTUM YTD mountain The ETF this year The fund tracks large- and mid-cap stocks that have shown relatively strong price momentum, according to iShares. Market wisdom says that trading above the 200-day average indicates conviction and buying interest from investors. That comes after the fund lagged the market last year, finishing just 7.5% higher while the S & P 500 surged more than 24%.

Persons: Jonathan Krinsky, Krinsky, Eli Lilly —, —, Dow Jones Organizations: Meta, Nvidia, Amazon, Microsoft, Netflix, Morningstar, Tesla

☆ Brazil Prosecutors Push to Unwind $3 Billion Paper Deal Over Foreign Land Ownership
▼ + stars: | 2024-02-09 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +3 min

By Ana ManoSAO PAULO (Reuters) - Brazilian federal prosecutors are asking a judge to unwind a 2017 deal handing control of pulp and paper company Eldorado from Brazilian firm J&F to Paper Excellence Group, citing restrictions on foreign land ownership. In 2017, J&F Investimentos agreed to sell Eldorado Brasil Celulose to a unit of Paper Excellence at an enterprise value of 15 billion reais ($3.0 billion). Brazil imposed limitations on foreign land ownership in the early 1970s, but spotty public records have left uncertainty about how consistently those restrictions are enforced. In December, Brazil's rural land agency Incra issued a recommendation saying the deal would effectively give Paper Excellence control of 14,486 hectares of rural land owned by Eldorado. Paper Excellence said Incra's opinion was not legally binding, and a judge has not ruled on the prosecutors' motion.

Persons: Ana Mano, unwind, Investimentos, Jackson Widjaja, Incra, Eldorado, Iraja Abreu, Brad Haynes, David Ljunggren Organizations: Ana Mano SAO PAULO, Reuters, Eldorado, Excellence, Eldorado Brasil, Agrarian Reform Ministry Locations: Brazil, Canada, Europe, Latin America, United States, Eldorado ., Eldorado

☆ How not to raise an iPad kid, according to 3 experts and 3 parents who have made the switch
▼ + stars: | 2024-02-07 | by ( Kelly Burch | ) www.businessinsider.com time to read: +6 min

"The goal isn't to demonize screens entirely, but to create a healthy balance in your family's life," Ganjian told Business Insider. Make other options more appealingSince we live in a digital world, kids will have more and more access to screens as they grow. Setting up healthy habits means not just restricting screen time but also teaching kids how to manage the pull of digital distractions. Keep all devices in another room during family mealtimes, and consider barring kids from taking their devices into their bedrooms. Decide what must happen before screen timeHermans emphasizes screen time should be in addition to downtime, not in place of it.

Persons: —, Daniel Ganjian, Ganjian, Jonathan Maynard, Jenna Hermans, Laura Siciliano, Rosen, Siciliano, Maynard, Angela Sharp, Sharp, Helene Abiola, Abiola, Jamie Davis Smith, Hermans Organizations: Service, Providence Saint John's Health, Business, Providence Mission Hospital, YouTube, Apple Locations: Santa Monica , California, kilter, Providence, Mission Viejo , California

☆ I'm a travel expert and often travel with my family. These 5 romantic destinations are surprisingly great for families.
▼ + stars: | 2024-02-04 | by ( Taryn White | ) www.businessinsider.com time to read: +8 min

In fact, the world is brimming with destinations that effortlessly cater to both lovebirds and jet-setting families, merging fine dining, lavish lodging, and kid-approved activities. Go adventuring in St. LuciaSt. Lucia holds a special place in my family's hearts, as one of our first international destinations. Taryn White says that while CrossKeys Vineyard is great for couples, families with kids can also enjoy the atmosphere. Courtesy The Trip Wish ListFor those seeking a luxurious family retreat, there are many options, like Salamander Middleburg in Loudoun County. It also has family suites complete with bunk beds or twin beds, ensuring that everyone has plenty of space to unwind after a day of sightseeing.

Persons: —, I've, Lucia St, Lucia, Bean, there's, Walsh, Taryn White, CrossKeys, Paris isn't, Gigi, Angelina Organizations: Service, des Pitons, Gros, Petit, Resorts, Aurora, Aurora Entertainment, Virginia Wine, Veritas, Keswick Hall, Michelin, Jardin du, Jardin des, Louvre Museum, Fish Locations: Maldives, French Polynesia, Caribbean, St, Sulphur Springs, New Jerusalem, Morne, des, Anguilla, Little Bay, Sandy Islands, Zemi, Aurora, Morais, Salamander Middleburg, Loudoun County, Albemarle County, Clifton, Paris, Jardin, Jardin du Luxembourg, Jardin des Tuileries, Hana, Makena

☆ U.S. tech, AI trade needs to crack for money to flow into China stocks
▼ + stars: | 2024-02-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S. tech and AI trade needs to crack for money to rotate back into Chinese stocksFarzin Azarm of Mizuho Americas says money has been sticking with U.S. tech and artificial intelligence related stocks given their continuous climb; but when these trades unwind, cheaper valuation companies such as Chinese stocks will look attractive.

Organizations: Mizuho Locations: Mizuho Americas

☆ Dry January is over, but are ‘sober drinks’ a healthy way to keep it going?
▼ + stars: | 2024-02-01 | by ( Amanda Musa | ) edition.cnn.com time to read: +10 min

Dry January “was the perfect eye-opener.”Now sober, Montejano has adopted several tactics to keep herself on track: talking to a therapist, journaling and drinking nonalcoholic beverages like mocktails. By comparison, a 12-ounce glass of beer contains about 5% alcohol, according to the CDC. “The nonalcoholic beverages have a lot of the cues that are associated with real alcoholic beverages,” she said. “Are you reaching those goals with nonalcoholic beverages?” she said. Ultimately, going sober can have social ramifications, so it’s important to surround yourself with people who can support you.

Persons: Corrina Montejano, Montejano, “, ”, Ginger Hultin, nonalcoholic, Hilary Sheinbaum, Molson Coors, ” Sheinbaum, Hultin, Dr, Lara Ray, Dana Ellis Hunnes, you’re, Hunnes, Ray, they’re, Sanjay Gupta, I’ve, ’ ”, “ You’ve, Journaling, ” Montejano Organizations: CNN, US Centers for Disease Control, Heineken, Molson, US Department of, Tobacco Tax, Trade Bureau, UCLA, World Health Organization, ” WHO, UCLA Medical Center, US Food and Drug Administration, mocktails, CNN Health Locations: San Francisco, Seattle

☆ 3 reasons it's bad to live with your ex, even if you have hard boundaries in place
▼ + stars: | 2024-01-31 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +5 min

In season 11 of "Vanderpump Rules," Ariana Madix and Tom Sandoval are still living together. A therapist shared why exes living together is a bad idea, even if they're technically no-contact. Some exes "can certainly maneuver around each other and maybe share the same space," Eldemire said. But she would advise against it in most cases — especially if the breakup involved betrayal, like Madix and Sandoval's did. "Space is so important after a breakup," Eldemire said.

Persons: Ariana Madix, Tom Sandoval, Sandoval, Raquel Leviss, they're, —, exes Ariana Madix, Madix, Eldemire, Sandoval's, it's, Daniel Wai, what's, — Eldemire, What's Organizations: Service, New York Locations: Fort Lauderdale , Florida

☆ I'm an American who's lived in South Korea for 3 years, and my new beauty routine makes my skin look better than ever
▼ + stars: | 2024-01-30 | by ( Eliza Mikunda | ) www.businessinsider.com time to read: +4 min

K-beauty is a term used to describe a skincare routine using products made in South Korea and emphasizes hydrated, glowy skin. Here are six ways my beauty routine has changed since I moved to South Korea. But in South Korea, I've noticed that people tend to do more to protect themselves from the sun. Once I lived in South Korea, I realized I shouldn't be afraid of oil cleansers. For example, I once wore black liquid liner and mascara in South Korea, and people asked why I was wearing fake lashes.

Persons: —, I'd, I've, Eliza Mikunda, I'm, Ives Organizations: Service, Business Locations: American, South Korea, Korea, Koreans, mascara, St

☆ HSBC fined $73 million for 'serious failings' in UK deposit protection
▼ + stars: | 2024-01-30 | by ( ) www.cnbc.com time to read: +1 min

HSBC has been fined 57.4 million pounds ($73 million) for "serious failings" in protecting some depositors over several years, in the first penalty of its kind under British rules designed to protect customers if banks fail. This is the second largest fine ever imposed by the PRA, topped only by an 87 million pound penalty on Credit Suisse in July 2023. "The serious failings in this case go to the heart of the PRA's safety and soundness objective," said Sam Woods, deputy governor of the Bank of England and CEO of the PRA. Globally systemically important banks -- such as HSBC and UBS -- are required to plan for resolution, which should allow regulators to unwind them without triggering broader systemic consequences. Britain's deposit protection rules require lenders to ensure critical information is held in order for the FSCS to compensate customers if a firm fails.

Persons: Sam Woods, BoE Organizations: HSBC, of England's Prudential, Authority, Britain's Financial, Credit Suisse, Bank of England, UBS

☆ Unemployment will double by the end of the year with an economic hard landing inevitable, strategist says
▼ + stars: | 2024-01-29 | by ( Aruni Soni | ) www.businessinsider.com time to read: +2 min

Unemployment will double to 6%-7% and a hard landing will hit by the end of 2024, a Mizuho strategist said. "The inflation decline is not a benign indicator of, oh, we've done it, we've got a soft landing." "The hard landing will be a sharp increase in unemployment," Mizuho strategist Dominic Konstam told Bloomberg TV on Monday, forecasting unemployment rates at 6% or 7% by the end of the year. The labor market is increasingly coming into focus in the soft landing debate, as hiring stalls and layoffs increase. "The inflation decline is not a benign indicator of, 'oh, we've done it, we've got a soft landing,'" he said.

Persons: we've, —, Mizuho, Dominic Konstam, Goldman Sachs, Konstam, Powell Organizations: Service, Bloomberg, ata Locations: Covid

☆ Wall Street is barreling toward a big week ahead with megacap earnings, Fed meeting in focus
▼ + stars: | 2024-01-26 | by ( Sarah Min | ) www.cnbc.com time to read: +7 min

Wall Street is headed into the thick of earnings season, with results on deck from the bulk of the so-called Magnificent Seven names. On top of that, the Federal Reserve's latest monetary policy decision and the January jobs report will be in focus. Federal Reserve meeting Investors aren't anticipating much out of the Fed meeting next week. Market participants say recent reports show the trends have been going in the right direction, and Friday's report is expected to confirm the softening in the jobs market. Other significant earnings in the week ahead include Boeing , a major Dow component.

Persons: Russell, we've, Shannon Saccocia, Jonathan Krinsky, Tesla, that'll, Hogan, you've, John Bailer, Jerome Powell, Tony Welch, Welch, FactSet Organizations: Microsoft, Nvidia, Dow Jones Industrial, Nasdaq, Dow, JPMorgan, Riley Securities, Newton Investment Management, Fed, PCE, Boeing, Alaska Airlines, Dallas, Whirlpool, Petroleum, United Parcel Service, General Motors, Pfizer, Devices, ADP, ECI Civilian Workers, Chicago PMI, Mastercard, Qualcomm, Labor, PMI, Manufacturing, Apple, Chevron, Exxon Mobil Locations: Thursday's, nonfarm payrolls, Chicago, Royal Caribbean, Michigan

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