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☆ CNBC Daily Open: Everyone gave Reddit an upvote
▼ + stars: | 2024-10-30 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +3 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. It's not too surprising, then, that the companies behind those services – Snap , Reddit and Alphabet – reported third-quarter results that beat Wall Street's expectations. It's Meta's and Microsoft's turn to report earnings later today. Note: CNBC Daily Open will be on a break Thursday, Oct. 31, for the public holiday in Singapore.

Persons: Rachel Reeves, Reddit, Evan Spiegel, That's, It's, Microsoft isn't, Meta, — CNBC's Julia Boorstin, Jonathan Vanian, Jennifer Elias Organizations: New York Stock Exchange, Inc, CNBC, Finance, Google, Microsoft, Meta Locations: Singapore

☆ CNBC Daily Open: Everyone loves Reddit
▼ + stars: | 2024-10-30 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Jakub Porzycki | Nurphoto | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. It's not too surprising, then, that the companies behind those services – Snap , Reddit and Alphabet – reported third-quarter results that beat Wall Street's expectations. While Snap and Reddit didn't report their advertising top line specifically, there were indications both companies are also doing well in that area. Note: CNBC Daily Open will be on a break Thursday, Oct. 31, for the public holiday in Singapore.

Persons: Jakub Porzycki, Evan Spiegel, That's, Reddit, It's, Microsoft isn't, Meta, — CNBC's Julia Boorstin, Jonathan Vanian, Jennifer Elias Organizations: SNAP, Nurphoto, CNBC, Microsoft, Meta Locations: Singapore

☆ CNBC Daily Open: Stocks are approaching the hottest period of the year
▼ + stars: | 2024-10-29 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Oil slump boosts marketsAll major U.S. indexes rose Monday on soft oil prices while investors awaited Big Tech earnings. Japan's Nikkei 225 extended gains to a second day, up 0.7% as the country's jobless rate for September dropped to 2.4% from 2.5% the previous month. [PRO] How to trade Japan's electionAfter Japan voted on Monday, the Nikkei 225 rose on the results.

Persons: Irene, Shigeru Ishiba Organizations: CNBC, Big Tech, Japan's Nikkei, Liberal Democratic Party, Nasdaq, CR Beverage, HSBC, Japan, Nikkei Locations: Lower Manhattan , New York, Asia, Pacific, Japan, U.S, Hong Kong, IPOs

☆ CNBC Daily Open: Stocks are entering the hottest period of the year
▼ + stars: | 2024-10-29 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Trump accuses Taiwan of stealing businessFormer U.S. President Donald Trump accused Taiwan of stealing the country's chip business, he said on "The Joe Rogan Experience" podcast. Bernstein analyst Stacy Rasgon told CNBC the idea of Taiwan stealing the U.S.'s chip industry is "ridiculous." [PRO] Tech might be in trouble, chart showsThe bursting of the 2000 dot-com bubble was one of the worst moments ever for tech stocks.

Persons: Thomas Schäfer, Trump, Donald Trump, Joe Rogan, Bernstein, Stacy Rasgon Organizations: CNBC, Big Tech, Philips, Volkswagen, U.S, New York Stock Exchange, bourse, Intercontinental Exchange, Tech, Wolfe Research Locations: New York City, China, Germany, Taiwan

☆ CNBC Daily Open: Nasdaq hits high even as poor earnings growth disappoints investors
▼ + stars: | 2024-10-28 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Brendan McDermid | ReutersThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. What you need to know todayThe bottom lineThe Nasdaq Composite managed to log a seventh consecutive winning week. Investors also looked ahead to Big Tech earnings coming out this week: shares of Meta , Amazon and Microsoft added as much as 1%. Even though almost three-quarters of S&P companies have beaten expectations, according to FactSet data, the rate of profit growth has not met expectations, disappointing investors.

Persons: Brendan McDermid, CNBC's Pia Singh, James Quincey, — CNBC's Brian Evans, Pia Singh, Alex Harring Organizations: New York Stock Exchange, Reuters, CNBC, Nasdaq, Dow Jones, Investors, Big Tech, Meta, Microsoft, Dow

☆ CNBC Daily Open: Nasdaq hits all-time high even amid poor earnings growth
▼ + stars: | 2024-10-28 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: 1 min

In this article TSLAKOMSFTAMZNMETA.DJI.SPX.IXIC.N225JPY=@LCO.1@CL.1 Follow your favorite stocks CREATE FREE ACCOUNTTraders work on the floor of the New York Stock Exchange (NYSE) on October 22, 2024 in New York City. Spencer Platt | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? What you need to know todayThe bottom line

Persons: Spencer Platt Organizations: New York Stock Exchange, Getty, CNBC Locations: New York City

☆ CNBC Daily Open: In this time of uncertainty, logic is driving market moves
▼ + stars: | 2024-10-25 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +3 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. [PRO] Possible S&P 5% pullback Earlier this week, the S&P 500 fell for three consecutive days, the first time since early September. The influence of the meridian sunspot over the rising moon, for instance, could cast a shadow over the S&P and cause it to slip. The bad news is that markets might again be swayed more strongly by emotions – as the word "relief" suggests.

Persons: BTIG, Billy Zhang, John Maynard Keynes, Tesla, Dow, Andy Sieg, –, —, Sarah Min, Pia Singh, Lisa Kailai Han Organizations: CNBC, Google, Microsoft, Wall, Nasdaq, Dow, Boeing, IBM, U.S

☆ CNBC Daily Open: In this time of uncertainty, markets seem to rely on logic
▼ + stars: | 2024-10-25 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +3 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Amazon and Apple report earnings on Thursday, Oct. 31. Tariffs of China's steel exports China's steel exports will hit 109 million tons this year , the highest level since 2016, estimate strategists at Macquarie Capital. However, countries around the world are implementing tariffs on Chinese steel, which analysts predict will lower the country's steel exports starting 2025.

Persons: John Maynard Keynes, Tesla, Dow, Andy Sieg, –, —, Sarah Min, Pia Singh, Lisa Kailai Han Organizations: New York Stock Exchange, CNBC, Apple, Itau, Macquarie Capital, Wall, Nasdaq, Dow, Boeing, IBM, U.S Locations: New York City, U.S, Latin America, China

☆ CNBC Daily Open: Treasury yields are making a return, like an uninvited ex
▼ + stars: | 2024-10-24 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Brendan McDermid | ReutersThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. What you need to know todayThe bottom lineLike an unwelcome ex-partner who shows up during the most inopportune times and refuses to leave, Treasury yields too have made a return and are hogging the market limelight. It's not inconceivable, then, that the strong economy might prompt the Fed to slow down, or even hold back, its rate cuts. The stock market slumped as yields rebounded.

Persons: Brendan McDermid, Brent Schutte, Paul Hickey, Hickey, Wells, they'll, —, Jeff Cox, Lisa Kailai Han, Pia Singh, Brian Evans Organizations: New York Stock Exchange, Reuters, CNBC, U.S . Federal Reserve, Fed, Northwestern Mutual Wealth Management, Dow Jones Industrial, Nasdaq Locations: TY, New York City, U.S

☆ CNBC Daily Open: Concerns over high interest rates return, pressuring stocks
▼ + stars: | 2024-10-22 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. The team pointed to high valuations and concentration in today's stock market as reasons for their forecast. [PRO] Ranking the Magnificent SevenThe Magnificent Seven bag of stocks — Alphabet , Amazon , Apple , Meta , Microsoft , Nvidia and Tesla — is responsible for most of the S&P 500's rally this year. Not so, according to a tech investor who owns all seven stocks.

Persons: Europe's, Goldman, Goldman Sachs, David Kostin, Bob Iger, Iger, Bob Chapek Organizations: New York Stock Exchange, CNBC, Nasdaq, Dow Jones, Treasury, Autonomous, Microsoft, Disney, Apple, Meta, Nvidia, Tesla

☆ CNBC Daily Open: High interest rate worries pressure stocks
▼ + stars: | 2024-10-22 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Shares of Hyundai Motor India fallHyundai Motor India shares retreated more than 5% on Tuesday – their trading debut – according to BSE data. Hyundai Motor India is a wholly owned Indian subsidiary of South Korean automaker Hyundai. New bullish phase for goldGold prices hit a record high of $2,700 per ounce on Monday, and are continuing their ascent Tuesday.

Persons: Australia's, Paul Wong Organizations: CNBC, Nasdaq, Dow Jones, Treasury, Hyundai Motor India, Hyundai, South, Reuters, Sprott Asset Management, Citi, U.S ., Scotiabank, Canadian Locations: Asia, Pacific, India, Reuters ., China, U.S

☆ CNBC Daily Open: Everyone’s watching Netflix shares
▼ + stars: | 2024-10-21 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. That's the longest streak this year for the S&P 500 and Dow Jones Industrial Average , both of which hit record highs. Watching Netflix sharesNetflix shares popped 11% on Friday, a day after the company reported third-quarter results that beat earnings, revenue and paid membership estimates. For investors looking to secure a steady stream of income still, Morgan Stanley recommends considering dividend income stocks, and picks 10 dividend stocks from Asia-Pacific, excluding Japan, for its "conviction list."

Persons: Pan Gongsheng, Morgan Stanley Organizations: CNBC, Dow Jones, CSI, People's Bank of, Netflix, Boeing Locations: Asia, Pacific, People's Bank of China, Japan

☆ CNBC Daily Open: Who’s watching Netflix shares? Everyone
▼ + stars: | 2024-10-21 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. What you need to know todayThe bottom lineThere's a YouTube series called "I Like to Watch," in which two people react to Netflix shows. While it has accumulated an ardent fanbase for the hosts' kooky reactions, the series is, essentially, a show about Netflix shows. Netflix shows are often all of the above. Many of us like to watch Netflix shows.

Persons: Ashish Vaishnav, Richard Broughton, Ampere, Doug Anmuth, — CNBC's Sean Conlon, Ryan Browne, Lisa Kailai Han, Alex Harring Organizations: Netflix, Lightrocket, CNBC Locations: Mumbai

☆ CNBC Daily Open: China posts better-than-expected economic data
▼ + stars: | 2024-10-18 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Better-than-expected growth for ChinaChina's third-quarter gross domestic product expanded by 4.6% year on year, according to the National Bureau of Statistics. Chinese and U.S. retail sales going strongChina's retail sales for September grew 3.2% from a year ago, said the National Bureau of Statistics. Across the Pacific Ocean, retail sales in the U.S. rose a seasonally adjusted 0.4% for September.

Persons: Dow Jones, Pat Gelsinger, Altera Organizations: CNBC, China, National Bureau of Statistics, Dow, Dow Jones, Nasdaq, Intel, U.S . Federal Reserve Locations: U.S, Asia, Pacific, Shanghai

☆ CNBC Daily Open: The Dow hits another high amid a mostly flat market
▼ + stars: | 2024-10-18 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

NEW YORK, NEW YORK - OCTOBER 16: Traders and others work on the New York Stock Exchange (NYSE) floor in New York City. This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. That's higher than both the 0.1% gain in August and the 0.3% Dow Jones forecast, according to the advance report. Meanwhile, Taiwan Semiconductor Manufacturing Co's reported its third-quarter net revenue jumped 36% year on year, and revised its fourth-quarter revenue upward.

Persons: it's, Dow, Christine Lagarde's, Dow Jones Organizations: NEW, Traders, New York Stock Exchange, CNBC, European Central Bank, Dow Jones, Nasdaq, Dow, Taiwan Semiconductor Manufacturing, U.S . Federal Reserve Locations: New York City, U.S

☆ CNBC Daily Open: Strong earnings, macro conditions propelling stocks up
▼ + stars: | 2024-10-17 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Markets rise on upbeat earningsU.S. stocks resumed their advance Wednesday, as Morgan Stanley and United Airlines earnings topped estimates. The ministry also announced that bank loans to developers will be speeded up and nearly double to 4 million trillion yuan by the end of 2024, from the 2.23 trillion yuan already approved. [PRO] A shining sector that's not tech nor utilitiesBig Tech stocks, fueled by excitement over generative artificial intelligence, have been responsible for most of this year's rally in the market. But there's a new group of stocks that's fast becoming one of the best-performing sectors for the year.

Persons: Morgan Stanley, it'd, CSAC Organizations: CNBC, United Airlines, CSI, Beijing, ECB, European Central Bank, Intel Intel, Cybersecurity Association of China, Officials, Big Tech Locations: Asia, Pacific

☆ CNBC Daily Open: Strong earnings, macro conditions driving stocks higher
▼ + stars: | 2024-10-17 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

In this article KBE.IXIC.SPX.DJIASML-NLDAMZN.FTSEMS Follow your favorite stocks CREATE FREE ACCOUNTThe Morgan Stanley headquarters in New York, US, on Monday, Oct. 14, 2024. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Morgan Stanley , for one, reported third-quarter figures that surpassed earnings and revenue estimates. The bank's profit jumped 32% from a year ago, far outstripping the LSEG estimate and topping several other big banks' income growth. The investment banking business was a main source of profit for Morgan Stanley.

Persons: DJI ASML, Morgan Stanley, Michael Nagle, Piper Sandler, – CNBC's Hugh Son, Alex Harring, Jeff Cox, Lisa Kailai Han, Jesse Pound Organizations: Bloomberg, Getty, CNBC, Dow Jones, Nasdaq, U.S . Federal Reserve, P Bank ETF, UBS, U.S . Labor Department Locations: New York, Wall

☆ CNBC Daily Open: Bullish sentiment and broadening rally – markets are in a good place
▼ + stars: | 2024-10-16 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Spencer Platt | Getty Images News | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. What you need to know todayThe bottom lineDespite markets falling Tuesday, there's still plenty to like about their current state. Weighed down by ASML's 16% dive and a report by Bloomberg on potential AI-chip export controls, semiconductor stocks like Nvidia and AMD fell 4.7% and 5.2% respectively. Still, investors are the most bullish in four years, according to the October BofA Global Fund Manager Survey.

Persons: DJI, Spencer Platt, there's, They're, Michael Hartnett, Mary Daly, who's, Dow, Piper, Craig Johnson, –, Jeff Cox, Samantha Subin, Yun Li, Lisa Kailai Han, Alex Harring Organizations: AMD, New York Stock Exchange, Getty, CNBC, ASML's, Bloomberg, Nvidia, Semiconductor, Nasdaq, Dow Jones, Dow, Survey, U.S . Federal Reserve, San Francisco Fed, Federal Locations: U.S, Beijing

☆ CNBC Daily Open: Bullish sentiment and broadening rally – plenty to like about markets
▼ + stars: | 2024-10-16 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +3 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Breather from rally U.S. markets fell Monday, weighed down by a drop in semiconductor stocks and a 8.1% slide in UnitedHealth . Tech stocks fell 6.36%, while telecoms stocks rose 1.97%. Indeed, San Francisco Fed President Mary Daly, who's a member of the Federal Open Market Committee this year, noted that the central bank is "a long way from where [rates are] likely to settle."

Persons: ASML, there's, They're, Michael Hartnett, Mary Daly, who's, Dow, Piper, Craig Johnson, –, Jeff Cox, Samantha Subin, Yun Li, Lisa Kailai Han, Alex Harring Organizations: New York Stock Exchange, CNBC, UBS, Tech, ASML's, Bloomberg, Nvidia, AMD, Semiconductor, Nasdaq, Dow Jones, Dow, Survey, U.S . Federal Reserve, San Francisco Fed, Federal Locations: New York City, U.S, Tuesday's, Netherlands, ., Beijing

☆ CNBC Daily Open: Economic growth and inflation might remain strong
▼ + stars: | 2024-10-15 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Nvidia's numbers aren't a hallucinationNvidia shares rose 2.4% to close at $138.07, a new record for the stock. Data on employment, inflation and economic growth have signaled that the "economy may not be slowing as much as desired," Waller said. [PRO] Small cap strategyMarket wisdom has it that the performance of small-cap stocks will outstrip that of big-cap stocks.

Persons: Dow, it's, Christopher Waller, Waller, Kelly Ortberg, Russell, Bob Pisani Organizations: CNBC, Dow Jones, Dow, Nasdaq, European Central Bank, Nvidia, U.S . Federal, Boeing, P Global

☆ CNBC Daily Open: The economy and inflation might stay strong
▼ + stars: | 2024-10-15 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +3 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Data on employment, inflation and economic growth have signaled that the "economy may not be slowing as much as desired," Waller said. A soft landing is the scenario in which inflation drops to the Fed's 2% target while economic growth and employment remain healthy. A "no landing," on the other hand, is when the economy continues expanding as inflation remains high.

Persons: Jefferies, Kelly Ortberg, Christopher Waller, Waller, Fed Governor Waller, Henry Allen, Ohsung Kwon, BofA, Kwon, –, Jeff Cox, Sarah Min, Lisa Kailai Han, Yun Li Organizations: Shoppers, Miami Design District, CNBC, Grand View Research, Boeing, P Global, U.S . Federal, Fed, Deutsche Bank, Bank of America Securities Locations: Miami , Florida, U.S

☆ CNBC Daily Open: With a stagnant PPI, the Fed’s nearly at the finish line
▼ + stars: | 2024-10-14 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Winning week for marketsAll major U.S. indexes rose Friday on the back of encouraging inflation data and positive earnings from big banks. That gave them a winning week. Banks' earnings in good shapeJPMorgan Chase , the biggest bank in the U.S., reported third-quarter earnings and revenue that beat estimates.

Persons: Jerome Powell, Europe's, Tesla's, Tesla, Elon Musk, Musk, of Finance Lan Fo'an, Lan, Banks, JPMorgan Chase, Wells Fargo, Goldman Sachs, Morgan Stanley Organizations: US Federal Reserve, National Association of Business Economics, CNBC, of Finance, JPMorgan, It's Bank of America Locations: Nashville , Tennessee, U.K, China, Beijing, U.S

☆ CNBC Daily Open: With an unchanged PPI, the Fed’s near the finish line
▼ + stars: | 2024-10-14 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Winning week for marketsAll major U.S. indexes rose Friday on the back of encouraging inflation data and positive earnings from big banks. That gave them a winning week. Banks' earnings in good shapeJPMorgan Chase , the biggest bank in the U.S., reported third-quarter earnings and revenue that beat estimates.

Persons: Tesla's, Tesla, Elon Musk, Musk, of Finance Lan Fo'an, Lan, Banks, JPMorgan Chase, Wells Fargo, Goldman Sachs, Morgan Stanley Organizations: New York Stock Exchange, CNBC, of Finance, JPMorgan, It's Bank of America Locations: New York, Asia, Pacific, Shanghai, Beijing, China, U.S

☆ CNBC Daily Open: CPI’s higher than expected. Is it just a “janky” data point?
▼ + stars: | 2024-10-11 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

SeongJoon Cho | Bloomberg | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. "I am totally comfortable with skipping [rate cuts for] a meeting if the data suggests that's appropriate," Bostic told The Wall Street Journal in an interview Thursday. The data suggests so. "This choppiness to me is along the lines of maybe we should take a pause in November," said Bostic, a voting member of the Federal Open Market Committee.

Persons: SeongJoon Cho, Raphael Bostic, Bostic, Joseph Brusuelas, Jeff Cox, Samantha Subin, Hakyung Kim Organizations: AMD, Bloomberg, Getty, CNBC, Atlanta Federal Reserve, Wall Street, Federal, Market, RSM Locations: Pike, Seattle , Washington, US

☆ CNBC Daily Open: Is higher-than-expected CPI just a 'janky' data point?
▼ + stars: | 2024-10-11 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Justin Sullivan | Getty Images News | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. "I am totally comfortable with skipping [rate cuts for] a meeting if the data suggests that's appropriate," Bostic told The Wall Street Journal in an interview Thursday. The data suggests so. But Bostic acknowledged it's important to see whether individual data points cohere into a larger pattern, or if they're just "janky," as Bostic put it.

Persons: Justin Sullivan, Raphael Bostic, Bostic, Joseph Brusuelas, Jeff Cox, Samantha Subin, Hakyung Kim Organizations: Getty, CNBC, Atlanta Federal Reserve, Wall Street, Federal, Market, RSM Locations: San Rafael , California

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