Stocks extended their losing streak to five days overnight, pressured by a fall in retail and tech stocks and concerns about the economy, a day ahead of remarks from Federal Reserve chairman Jerome Powell.
The Megacaps and tech stocks stalled this week as investors questioned AI valuations, is this the start of a broader pullback?
Stocks closed lower for a fourth straight session overnight, as big tech stocks continued to stumble ahead of the Jackson Hole Symposium and chipmaker Nvidia’s results due next week.
Stocks headed lower for a third day ahead of the upcoming Jackson Hole Symposium later this week, with tech stocks feeling the brunt of the pain.
Stocks drifted lower for a second day as investors digested a meeting between Ukraine President Volodymyr Zelensky and U.S. President Donald Trump in Washington and looked ahead to the upcoming Jackson Hole Symposium
Stocks fell Friday amid pressure from weaker consumer sentiment data, a jump in inflation expectations and the key meeting between President Trump and Putin.
In this episode, Mark and Jonathan discuss the current state of the markets, focusing on US stocks, inflation, and the upcoming Aussie earnings season.
Trump installs an “Inside Man” at Bureau of Labor Statistics
Stocks were lucky to eke out a small gain overnight as investors had their selective hearing on full power as inflation numbers came in much higher than expected .
Anticipating next week’s company earnings and economic figures.
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