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ABC/Disney Entertainment/Getty Images Perry co-starred in "Friends" with Matt LeBlanc, Lisa Kudrow, David Schwimmer, Courteney Cox and Jennifer Aniston. NBC/Getty Images Perry is seen in the 1995 "Friends" episode "The One with the Evil Orthodontist." NBC/Getty Images Perry co-stars with Salma Hayek in the 1997 romantic comedy film "Fools Rush In." NBC/Getty Images Perry and Cox are seen in the 2000 "Friends" episode "The One With Rachel's Assistant." Warner Brothers/Getty Images Perry and Cox pose for a photo during the 2001 "Friends" episode "The One With Monica And Chandler's Wedding."
Persons: Dean Obeidallah, Matthew Perry —, , , Chandler, Dean Obeidallah CNN Chandler, I’m Chandler, “ I’m, Courteney Cox, Matt LeBlanc, David Schwimmer, Jennifer Aniston, Lisa Kudrow —, NBC’s, CBS ’ “ Young Sheldon, Matthew Perry, Chandler Bing, Perry, Michael Ochs, Christina Applegate, Martha Plimpton, Lisa Kudrow, Cox, Jay Leno, Salma Hayek, Michael Clarke Duncan, Warner, Monica, Danny Feld, Joe Quincy, Amy Stewart, Richard Schiff, Milo O'Shea, Kelly Reilly, Toby Melville, Reuters Perry, Merv Griffin, Jean, Paul Aussenard, LeBlanc, Mark J, Terrill, John Inwood, Zach Braff, John C, McGinley, Mitch Haddad, Amanda Peet, Bruce Willis, Everett, Chris Pizzello, Phil McCarten, Tom Williams, Lindsay Sloane, Michael Yarish, Ted Kennedy, James Corden, Terence Patrick, Julia Weeks, Matt Brennan, Dania Maxwell, Matthew, , haven’t, Perry didn’t, Matty, ” Perry, Pete Davidson, Davidson, Chad Lowe, Sunshine ”, Neil Simon’s “ Organizations: CNN, , Warner Bros . Television, Warner Bros ., Variety, CBS, NBC, Getty, Michael Ochs Archives, Limelight, ABC, Disney Entertainment, Columbia, Warner Brothers, Bank, Comedy Theatre, Reuters, Merv Griffin Beverly Hills Country, Actors Guild, Guild of America, Los Angeles Dodgers, Capitol, National Association of Drug, Inc, Los Angeles Times Festival of, Los Angeles Times, CBC, People Locations: , Los Angeles, Williamstown , Massachusetts, New York City, British, Chicago, London, Canada
CNN —Like many stars best known for a major hit, Matthew Perry’s association with “Friends” and the “Could he BE any funnier?” role of Chandler Bing loomed over the rest of his career. That included the movies that came his way during the series as well as various encores in TV after the Must-See TV sitcom signed off in 2004, among them “Mr. Matthew Perry and Salma Hayek in the 1997 romantic comedy "Fools Rush In." Columbia Pictures/Getty ImagesFools Rush In: All the “Friends” stars had movie opportunities, and relatively few of those measured up to the expectations raised by the show. If only the show had consistently remained as strong as its extremely good pilot.
Persons: Matthew Perry’s, , Chandler Bing, Perry, Ted Kennedy, Ron Clark, , Bruce Willis, Oscar Madison, Diana Canova, Matthew Perry, Salma Hayek, Chris Farley, Neve Campbell, Dylan McDermott, Joe Quincy, Wing’s ”, Mike Kresteva, Wing’s ” Aaron Sorkin, Bradley Whitford Organizations: CNN, , Columbia, , West, Republican, Wing’s ” Democratic Bartlet Administration Locations:
Photos: Matthew Perry's life in pictures
  + stars: | 2023-10-28 | by ( ) edition.cnn.com   time to read: +1 min
Matthew Perry, who starred as Chandler Bing on "Friends," died Saturday in an apparent drowning accident at his Los Angeles home, law enforcement sources told the Los Angeles Times. On "Friends," Perry starred alongside Courteney Cox, Matt LeBlanc, David Schwimmer, Jennifer Aniston and Lisa Kudrow in the comedy about a tight-knit group of friends living in New York City. ("Friends" was a production of Warner Bros. Television, which is owned by CNN's parent company, Waner Bros. "We are devastated by the passing of our dear friend Matthew Perry. Matthew was an incredibly gifted actor and an indelible part of the Warner Bros. Television Group family," Warner Bros. Television Group said in a statement to CNN.
Persons: Matthew Perry, Chandler Bing, ", Perry, Courteney Cox, Matt LeBlanc, David Schwimmer, Jennifer Aniston, Lisa Kudrow, Joe Quincy, Waner, Matthew Organizations: Los Angeles Times, Warner Bros . Television, Waner Bros, Perry's, Warner Bros . Television Group, CNN Locations: Los Angeles, New York City
Matthew Perry, the beloved actor who starred as Chandler Bing on “Friends,” has died. “We are devastated by the passing of our dear friend Matthew Perry. Matthew Perry at the 2022 GQ Men Of The Year Party on November 17, 2022 in West Hollywood, California. (l-r) Matt LeBlanc, Lisa Kudrow, David Schwimmer, Matthew Perry (second row) Courteney Cox and Jennifer Aniston. Reisig & Taylor/NBCU Photo Bank/Getty ImagesOn “Friends,” Perry starred alongside Courteney Cox, Matt LeBlanc, David Schwimmer, Jennifer Aniston and Lisa Kudrow in the comedy about a tight knit group of friends living in New York City.
Persons: Matthew Perry, Chandler Bing, , Perry, Matthew, Warner, Brian Humphrey, Humphrey, Gregg DeGuire, Perry’s, Robert ”, “ Charles, Tracey Ullman, Jimmy Reardon, , Chandler, Joe Quincy, Matt LeBlanc, Lisa Kudrow, David Schwimmer, Courteney Cox, Jennifer Aniston, Reisig, ” Perry, Doctors, , haven’t, ’ ”, ” Matthew Perry, Mark J, Terrill, Molly Hurwitz, Molly, Matthew Perry’s, ” Maggie Wheeler, Chandler’s, Janice, Mathew Perry, ” Selma Blair, Matty, ” Michael Rapaport, Gary, Yvette Nicole Brown, Perry “ Organizations: Police, CNN, Los Angeles Times, Warner Bros . Television Group, ” Los Angeles Fire Department, Party, Getty, Warner Bros . Television, Warner Bros ., NBCU, Bank, Perry’s, , CBC Locations: Los Angeles, West Hollywood , California, Williamstown , Massachusetts, Ottawa, Canada, Beverly Hills, New York City, Pasadena , California, American
And there are now concerns that more fronts will open in the war, including one with Iran. And the US now has specific intelligence that those same groups could escalate even further as the war between Israel and Hamas continues, CNN reported this week. “Tell Iran, tell its proxies in public, in private, through every means: Do not open another front against Israel in this conflict. Shine, of the INSS, said that Iran does not want a direct war with Israel because that would mean a direct war with the US. Iranian media has been brimming with news of the Gaza war, with officials across Iran’s political spectrum expressing solidarity with Palestinians.
Persons: , Sima Shine, Hossein Amir, Abdollahian, Al Jazeera, ” Abdollahian, Abed Khaled, Parsi, Joe Biden, ” Parsi, Israel, Hassan Nasrallah, Antony Blinken, , ” Blinken, Thomas Coex, Lloyd Austin, Iran’s IRGC, “ They’re, Israel – Organizations: UAE CNN, Hamas, Tehran’s Azadi, Perspolis FC, Gol Gohar Sirjan FC, Palestinian, Institute for National Security Studies, CNN, Iranian, Quincy Institute, Israel, Revolutionary Guard Corps, United Nations Security Council, Getty, Defense, widener Locations: Abu Dhabi, UAE, Israel, Hamas, Gaza, Iran, Tel Aviv, Tehran, United States, Gaza City, Washington ,, Lebanese, Lebanon, Syria, Golan, Palestine, Iraq, Sderot, AFP, Iranian, US
This year’s climb in Treasury yields is changing that calculus, as government bonds offer income that is viewed as risk-free to investors who hold them to term. The 10-year Treasury yield has climbed about a full percentage point since then. The term premium is the added compensation investors expect for owning longer-term debt and is measured using financial models. Stocks have averaged a forward price-to-earnings ratio of 17.8 over the last 10 years, while the term premium has averaged -0.3%. That compares with a historical average forward P/E of 15.6 and a term premium of 1.4% since 1985.
Persons: Brendan McDermid, , Quincy Krosby, Elon Musk, John Lynch, Lynch, LSEG, Matthew Miskin, Keith Lerner, ” Lerner, Lewis Krauskopf, Dan Burns, Ira Iosebashvili, Marguerita Choy Organizations: New York Stock Exchange, REUTERS, Soaring U.S, Treasury, U.S . Federal Reserve, . Treasury, BofA Global Research, LPL, Comerica Wealth Management, Reuters Graphics, John Hancock Investment Management, UBS Global Wealth Management, Advisory, Thomson Locations: New York City, U.S
If the projection is correct, it will be the strongest output since the fourth quarter of 2021, when growth was just shy of 7%. However, policymakers, economists and markets will be focused more on forward-looking signals from an economy that repeatedly has defied expectations. For Q3, GDPNow is projecting growth of 5.4%, with more than half — 2.77 percentage points — to come from consumer spending. That expectation intensified during a brief banking industry crisis in March 2023 that the Fed expected would constrain credit enough to bring about a downturn. Central bank officials have raised rates aggressively while professing to not want to drag the economy into recession.
Persons: Spencer Platt, Dow, Joseph LaVorgna, Goldman Sachs, Donald Trump, LaVorgna, Steven Ricchiuto, Ricchiuto, , Quincy Krosby, that's Organizations: Getty, Gross, Dow Jones, Commerce Department, Nikko Securities America, Federal Reserve, Fed, White, Mizuho Securities USA, Department, Treasury, LPL Locations: Manhattan, New York City, U.S
On Friday, the Bank of Japan intervened in the Japanese government bond (JGB) market as the 10-year JGB yield touched a decade high. MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) skidded 0.8% to a fresh low since November last year, bringing the weekly loss to a sizeable 3%. "World leaders continue to trek to the Middle East to – if nothing else — delay the onset of any further hostility," said Kyle Rodda, senior financial market analyst at capital.com. Oil prices are headed for the second weekly gain on supply fears from an escalating regional conflict in the Middle East. "Now we’re talking about not just the Ukraine-Russia conflict, that front, but now you have another front, that’s in the Middle East that has to be satisfied...
Persons: Jerome Powell, Hong, HSI, Joe Biden, Israel, Kyle Rodda, Brent, Powell, Quincy Krosby, Stella Qiu, Shri Navaratnam Organizations: SYDNEY, Bank of Japan, Tokyo's Nikkei, Elon, U.S, LPL, Washington, Thomson Locations: East, Middle, Asia, Pacific, Japan, China, Iran, Yemen, Israel, Ukraine, Russia, U.S
LONDON (Reuters) - The U.S. 10-year Treasury yield briefly reached 5% for the first time since 2007, marking a fresh milestone in a relentless push higher for government borrowing costs. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 28, 2023. REUTERS/Brendan McDermidFurther signs of resilience in the U.S. economy help explain the latest sell off in Treasuries, as traders have unwound bets the U.S. Federal Reserve would soon start to lower interest rates. He highlighted what everyone has seen with the strong economic growth data and the retail sales figure that came out. Just like how the market forced the Fed to stop quantitative tightening in 2019, it might be forcing the Fed to rethink QT today.
Persons: Brendan McDermid, Jerome Powell, MICHAEL SCHULMAN, EL, , NOAH, ” BRIAN JACOBSEN, MENOMONEE, QUINCY KROSBY, Powell Organizations: Treasury, New York Stock Exchange, REUTERS, U.S . Federal, Fed, NORTH Locations: New York City, U.S, Treasuries, EL SEGUNDO, CALIFORNIA, CHARLOTTE, NC, WISCONSIN, NORTH CAROLINA, Ukraine, Russia
Treasury yields also pressure equities, with the 10-year touching a fresh 16-year high. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementUS stocks tumbled Wednesday as oil prices jumped and Treasury yields swung up to highs not seen since 2007. If the conflict grows to involve other Middle Eastern states, oil prices are expected to rise, with one estimate forecasting Brent to go as high as $150 a barrel.
Persons: Stocks, Tesla, , Brent, Treasurys, Quincy Krosby, Morgan Stanley Organizations: Netflix, Service, Treasury, Dow Jones, Nasdaq, Global, LPL, Tesla, United Airlines Locations: Israel, Gaza, Iran
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 28, 2023. Consumer discretionary (.SPLRCD) led gains among S&P 500 sectors, although all of the sectors were higher on the day. Third-quarter earnings for S&P 500 companies are estimated to have increased 2.2% year-over-year, up from an estimated increase of 1.3% a week earlier, according to LSEG data Friday. At the same time, global leaders are trying to make sure that the Middle East conflict "remains contained," she said. The S&P 500 posted 11 new 52-week highs and 6 new lows; the Nasdaq Composite recorded 33 new highs and 206 new lows.
Persons: Brendan McDermid, Charles Schwab, Russell, Goldman Sachs, Morgan Stanley, Johnson, Quincy Krosby, Patrick Harker, Lululemon, Ankika Biswas, Shashwat Chauhan, Arun Koyyur, Vinay Dwivedi, Aurora Ellis Organizations: New York Stock Exchange, REUTERS, Dow, Nasdaq, Major U.S, Bank of America, Johnson, Netflix, Dow Jones, York, Philadelphia Fed, Activision Blizzard, NYSE, Thomson Locations: New York City, U.S, Major, Gaza, Charlotte , North Carolina, Bengaluru
The Eagles (5-1) got one more chance to win when they got the ball back, but the defense stiffened — as it had all game. Hurts finished 28 of 45 for 280 yards and one touchdown but had three picks against a Jets defense that was missing starting cornerbacks Sauce Gardner and D.J. By rule, only the player who lost the ball could recover the forward fumble in the end zone, so it was ruled that it was the Jets' ball on the 1. The Eagles took advantage of some poor tackling by the Jets in the second quarter. Jets: Rookie RG Joe Tippmann didn't come back after injuring his right thigh on the first play of the second quarter.
Persons: — Breece, Tony Adams, Jalen, Philadelphia —, Zach Wilson, Randall Cobb, DeVonta Smith, Wilson, Gardner, D.J, Reed, Greg Zuerlein, Adams, Bryce Hall, Quinnen Williams, Quincy Williams, D'Andre Swift, Brown corralled, Robert Saleh, Brown, Jake Elliott, , C.J, Mosley, Swift, RODGERS, Aaron Rodgers, Sauce Gardner, Woody Johnson, Travis Kelce —, Taylor Swift, Jason Kelce, Lane Johnson, didn't, Jack Driscoll, Eli Ricks, Reed Blankenship, Joe Tippmann didn't, Wes Schweitzer, ___ Organizations: , New York Jets, Philadelphia Eagles, Jets, Eagles, Philadelphia, Adams, MetLife, NFL, New, Kansas City, Lazard . Jets, Miami Dolphins, Giants Locations: RUTHERFORD, N.J, New York
Iran becoming embroiled in the crisis would be bad news for the US economy, according to analysts. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementIran becoming embroiled in the crisis gripping the Middle East could have disastrous knock-on effects for the US economy, analysts have warned. So this is why the big question for the markets and for the economy is whether you get escalation," he added.
Persons: , Brent, LPL, Quincy Krosby, Pierre Andurand, David Donabedian, Mohamed El, Erian Organizations: Service, West Texas, Wall, CIBC Private Wealth, Treasury Locations: Israel, Iran, Tel Aviv, Tehran, Hamas, Ukraine, Russia, China
NFL roundup: Ja'Marr Chase, Bengals pull away from Cardinals
  + stars: | 2023-10-09 | by ( ) www.reuters.com   time to read: +8 min
Mandatory Credit: Joe Rondone-USA TODAY Sports/ Acquire Licensing RightsOctober 9 - Joe Burrow threw three touchdown passes to Ja'Marr Chase to lead the Cincinnati Bengals past the Arizona Cardinals, 34-20, on Sunday in Glendale. Joshua Dobbs completed 15 of 32 passes for 166 yards and two touchdowns, but he threw his first two interceptions of the season for the Cardinals (1-4). Saints 34, Patriots 0Derek Carr threw two touchdown passes and New Orleans' defense forced three turnovers in a victory over New England in Foxborough, Mass. Ryan Tannehill completed 23 of 34 passes for 264 yards for Tennessee, but his last pass was intercepted with 10 seconds left. Pickett completed 18 of 32 passes for 224 yards while playing through a bone bruise in his left knee.
Persons: Ja'Marr Chase, Joe Rondone, Joe Burrow, Chase, Carl Pickens, Burrow, Evan McPherson, Cam Taylor, Britt, Joshua Dobbs, Marquise Brown, Derek Carr, Carr, Alvin Kamara, Tyrann Mathieu, Mac Jones, Jones, Bailey Zappe, Dallas Goedert, A.J, Brown, Jake Elliott's, Cooper Kupp, Matthew Stafford, Trevor Lawrence, Lawrence, Travis Etienne, Calvin Ridley, Josh Allen, Younghoe Koo, Dalton Schultz, Desmond Ridder, Ridder, Jared Goff, Goff, David Montgomery, Josh Reynolds, Bryce Young, Adam Thielen, Zack Moss, Anthony Richardson, Moss, Richardson, Ryan Tannehill, DeAndre Hopkins, De'Von Achane, Hill, Graham Gano, Raheem Mostert's, Achane, Kenny Pickett, George Pickens, T.J, Watt, Pickett, Pickens, Lamar Jackson, Justice Hill, Greg Zuerlein, Hall, Zach Wilson, Patrick Surtain, Russell Wilson, Quincy Williams, Bryce Hall scooping, Adam Trautman, Patrick Mahomes, Rashee Rice, Travis Kelce, Isiah Pacheco, Kirk Cousins, Jordan Addison Organizations: Cincinnati Bengals, Arizona Cardinals, State, Bengals, Steelers, Cincinnati, Cardinals, Saints, Patriots, New, NFL, Eagles, Rams, Philadelphia, Dallas, Jaguars, Bills, Jacksonville, Falcons, Texans, Atlanta, Houston, The Texans, Stroud, Lions, Panthers, Detroit, Carolina, Colts, Indianapolis, Tennessee, Dolphins, Giants, Miami, New York, Ravens, Pittsburgh, Baltimore, Justice, Jets, Broncos, Denver, Chiefs, Vikings, Kansas City, Minnesota, Thomson Locations: Glendale , Arizona, USA, Glendale, Ariz, New Orleans, New England, Foxborough, Los Angeles, Inglewood , Calif, Angeles, Buffalo, London, Tennessee, New, Miami Gardens, Fla, New York, Baltimore, Denver, Kansas, Minneapolis
He said in the short-term resources could be diverted if the conflict expands, such as staff at tech companies being called up as military reservists. "They will probably increase the investment in AI," Krosby said. "It could bolster support for more financial resources for tech for the military, which then ultimately transitions to the private sector tech companies," Krosby added. The tech sector has shown resilience in the past, overcoming a number of conflicts with Hamas in Gaza. Apjit Walia the Managing Director at DVN Capital said the Israeli tech sector "has historically bounced back from geopolitical tragedies."
Persons: Amir Cohen, Israel, Jack Ablin, Quincy Krosby, Jensen Huang, Benjamin Netanyahu, LPL's Krosby, Krosby, DVN Capital, Max A, Cherney, Mica Rosenberg, Steven Scheer, Kenneth Li, Megan Davies, Jamie Freed Organizations: Intel, REUTERS, FRANCISCO, Tech, Hamas, Cresset Wealth, Financial, Intel Corp, Sunday, Nvidia, Tel, Semiconductor, Meta, Apple, Microsoft, IBM, Google, Facebook, DVN, Thomson Locations: Petah Tikva, Tel Aviv, Israel, JERUSALEM, Gaza, Charlotte , North Carolina, United States, Silicon Valley, Kiryat Gat, Apjit, Francisco, New York, Jerusalem
The New York Jets celebrated Nathaniel Hackett's return to Denver by rallying past the Broncos 31-21 on Sunday behind Breece Hall's 72-yard touchdown run and Bryce Hall's 39-yard game-sealing scoop-and-score off Russell Wilson's fumble in the final minute. That gave Hackett, the Jets' offensive coordinator who was fired after going 4-11 as Denver's head coach last season, a measure of satisfaction. Then, Wilson led the Broncos to a touchdown and 2-point conversion to make it 24-21 late in the fourth quarter. Fans streamed to the exits after that turnover and it was eerily mostly empty while Jets players hugged Hackett on the sideline. Breece Hall's long TD run up the middle came on the Jets' second snap of the second half and put them ahead for good at 15-13.
Persons: Nathaniel Hackett's, Breece, Bryce Hall's, Russell Wilson's, Hackett, Sean Payton, Wilson, Payton, excoriating Hackett, Kevin James, Patrick Surtain II’s, Zach Wilson’s, Garrett Wilson, Quincy Williams, Russell Wilson, Bryce Hall, Adam Trautman, Michael Burton's, Hall's, Robert Saleh, Hall, Zach Wilson, Aaron Rodgers, Alijah Vera, Tucker, Jones, ___ Organizations: New York Jets, Broncos, Jets, USA, Alijah, D.J, NEXT Jets, Philadelphia Eagles, Sunday . Broncos, Kansas City Chiefs Locations: Denver
LOUISVILLE, Ky. (AP) — Jawhar Jordan ran for a career-high 143 yards, scoring on 45- and 21-yard runs on consecutive second-half possessions, and No. Schrader's 54-yard field goal got Notre Dame to 17-13, but Jordan answered with another big run. Notre Dame turned the ball over on downs and Travelstead added his third field goal from 45 yards for the 17-point cushion. Notre Dame was outgained 330-298 with just 44 yards rushing after entering the game averaging 192 per contest. POLL IMPLICATIONSNotre Dame figures to drop several spots with a second loss in three games and its worst this season.
Persons: — Jawhar Jordan, Jeff Brohm, Cam, Spencer Schrader's, Brock Travelstead's, Jordan, Amari Huggins, Notre Dame, Travelstead, Jack Plummer, Louisville's, Quincy Riley's, Sam Hartman's, Hartman Organizations: Louisville, Notre Dame, Cardinals, Norte Dame, Atlantic Coast Conference, Notre, North Carolina State, Murray State, Quincy, Wake, Pittsburgh, AP Locations: LOUISVILLE, Ky, Louisville, UP, California, . Louisville
But Cross has always expressed his innocence, and Currin’s father, Joe Currin, has come to believe Cross was wrongfully convicted. CNN will be following the team of the “Wrongful Conviction” podcast as it reports on KIP’s efforts to overturn Cross’ conviction. Stubblefield testified at Cross’ trial that when the gathering wrapped up, Currin left to walk home. Perkins also testified Cross kept pulling up his pants because he wasn’t wearing a belt. Pages of newly discovered emails between Mangold and Galbreath are a part of KIP’s motion to vacate Cross’ conviction.
Persons: Jessica Currin, Quincy Omar Cross, Joe Currin, Cross, “ We’ve, ” Joe Currin, you’ve, Miranda Hellman, KIP, Joshua Lott, Maggie Freleng, Currin, Vinisha Stubblefield, Stubblefield, Jeffrey Burton, Tamara Caldwell, Victoria Caldwell, Burton, Caldwell, Chris, Mike Perkins, Perkins, Stephen Lance Dennee, AP Burton, Victoria Caldwell’s, Alford, Carlos “ Lolo ” Saxton, Jeremy Adams, Saxton, Adams, Jeffrey Burton’s, Stubblefield recanting, wasn’t, , , , Nathan Kent, Jeff don’t, Victoria Caldwell's, Jessica Currin's, KIP that’s, Hellman, Adams ’, Mayfield, Susan Galbreath, Galbreath, Tom Mangold, Mangold, Currin “, Susan Galbreath gestured, AP Galbreath, Quincy Coss, I’d, She’s Organizations: CNN, Mayfield Middle School, Kentucky Innocence, Washington Post, Paducah Sun, Graves, Kentucky Department of Corrections, Quincy Cross, AP, Cross, Caldwell, Facebook, Kentucky Attorney General’s, Kentucky State Police, Mayfield Police, Mayfield Police Department, Kentucky, Investigation, Quincy, Kentucky Bureau, Gatorade, General’s Locations: Kentucky, Graves, Mayfield, Mayfield , Kentucky, Stubblefield, Caldwell, Union City , Tennessee, Graves County
Here's what you need to know about the big jobs report Friday
  + stars: | 2023-10-05 | by ( Jeff Cox | ) www.cnbc.com   time to read: +1 min
A strong jobs market could equal a weak stock market if current trends hold up. Friday's nonfarm payrolls report will provide a major test for Wall Street, which has been on edge all week about a surprisingly resilient labor picture. The fear is that if the tight labor market holds up, the Federal Reserve will hold interest rates high and jeopardize the U.S. economy at a critical time. "Clearly the market is hoping for a headline number that reinforces a labor market that has slowed but remains resilient." Fed officials watch the metric closely as an indicator of tightness in the labor market.
Persons: Friday's nonfarm, Dow Jones, Quincy Krosby, Stocks Organizations: Wall, Federal Reserve, LPL, Labor Department, Labor, Treasury
Vladimir Putin has long bet that Western support for Ukraine will begin to weaken. The US Congress is in turmoil over Republican Party opposition to Ukraine aid. Dmitry Peskov, the Kremlin's spokesman, said the turmoil was a sign of things to come — that Western support for Ukraine would begin to collapse. AdvertisementAdvertisement"The combination could produce a tipping point at which the gradual erosion of Western support for Ukraine spills into an abrupt reduction or collapse," he wrote. The Belgian think tank Bruegel in June found popular support for Ukraine in the EU was holding firm despite a slight dip.
Persons: Vladimir Putin, , Dmitry Peskov, Vladimir Putin's, Peskov, Kevin McCarthy, Joe Biden, Volodymyr Zelenskyy, Kent Nishimura, Putin, Sergey Shoigu, George Beebe Organizations: Republican Party, Service, Kremlin, , GOP, Pentagon, Ukraine, Germany, House, Los Angeles Times, Getty, The New York Times, Quincy Institute, Chicago Council of Global Affairs Locations: Ukraine, Slovakia, Germany, Russia, Europe, Belgian
US stocks moved higher on Wednesday, while bond yields declined Tuesday's highs. ADP reported private payrolls climbed 89,000 in September, below forecasts of 160,000. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementUS stocks moved higher on Wednesday, as the 10-year US Treasury yield retreated slightly after hitting 16-year highs.
Persons: payrolls, , Dow Jones, Dan North, Quincy Krosby Organizations: Treasury, Service, Dow Jones Industrial, Nasdaq, Federal Reserve, Fed, Allianz Trade North, JPMorgan, Dow Jones Locations: Allianz Trade North America
Stocks are coming off a brutal two-month stretch, and Wall Street is divided on what comes next. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementThe stock market is coming off back-to-back rocky months, and Wall Street is split on what could be coming next for investors. And Jeff Gundlach, the billionaire founder of DoubleLine Capital, said Tuesday that Treasury yields suggest it's time to start worrying about a severe downturn.
Persons: Stocks, Fundstrat, , Quincy Krosby, Jay Woods, Woods, jitters, Kevin McCarthy, Gene Goldman, Goldman, Tom Lee, Lee, Marko Kolanovic, Jeff Gundlach Organizations: JPMorgan, Service, Dow Jones, Nasdaq, Freedom Capital, Treasury, Cetera Investment Management, CNBC, DoubleLine
The Dow Jones Industrial Average is down more than 400 points Tuesday. Bond yields spiked after fresh labor data, which pointed to a still-resilient job market. AdvertisementAdvertisementAfter a strong to the year, the Dow Jones Industrial Average is on pace Tuesday to give up all of its 2023 gains. While the Dow has lagged stronger gains posted by the S&P 500 and the Nasdaq this year, the index was still up about 8% at its 2023 peak in August. The stock market's losses so far in October extend a brutal two-month stretch for investors, with September posting the worst monthly loss of 2023.
Persons: , Quincy Krosby, Liz Ann Sonders, Charles Schwab's, Sonders Organizations: Dow Jones, Service, Nasdaq, Dow, Treasury, Labor, Survey, Fed, LPL Locations: New York
Brendan McDermid | ReutersThat cracking sound in financial markets isn't the typical kind of break, where one asset class or another fractures and gives way. "The cost of capital is going up, companies are going to have to refinance at a higher rate." That sentiment was buttressed this week, when at least four central bank officials either endorsed hikes or indicated that higher rates would be staying in place for an extended period. Consumers, for one, are feeling the squeeze of higher rates on everything from mortgages to credit cards to personal loans. "Now, at some point, my guess is that markets will eventually get to cheap enough levels where you'll bring buyers in.
Persons: Brendan McDermid, Quincy Krosby, Krosby, Larry McDonald, Treasurys, McDonald, It's, Joseph LaVorgna, LaVorgna, Donald Trump, I've Organizations: New York Stock Exchange, Federal Reserve, Treasury, LPL, Labor Department, Wall, P Bank ETF, Congressional, Treasury Department, The, White House, National Economic Council, Nikko Securities Locations: New York City, Washington, U.S
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 28, 2023. The U.S. central bank said last month it may hike rates again as it struggles to bring inflation closer to its 2% annual target. According to preliminary data, the S&P 500 (.SPX) gained 0.49 points, or 0.01%, to end at 4,288.54 points, while the Nasdaq Composite (.IXIC) gained 88.45 points, or 0.67%, to 13,307.77. Tesla (TSLA.O) shares were near flat after the electric vehicle maker missed market estimates for third-quarter deliveries. S&P 500 companies report third-quarter results later this month, with analysts expecting earnings to have risen slightly from the year-ago quarter.
Persons: Brendan McDermid, Michelle Bowman, Quincy Krosby, Goldman Sachs, Caroline Valetkevitch, Shubham Batra, Shashwat Chauhan, Vinay Dwivedi, Maju Samuel, Richard Chang Organizations: New York Stock Exchange, REUTERS, Nasdaq, Financial, Investors, Energy, Dow Jones, Nvidia, NextEra Energy, Thomson Locations: New York City, U.S, Charlotte , North Carolina, New York, Bengaluru
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