Stock market today: Dow, S&P 500, Nasdaq waver as Wall Street cements in rate-cut hopes
View original at finance.yahoo.comStock market today: Dow, S&P 500, Nasdaq waver as Wall Street cements in rate-cut hopes US stocks inched higher on Thursday as Wall Street digested fresh jobs data, with traders increasingly baking in expectations that the Federal Reserve will deliver a December rate cut…
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Traders are pricing in an 89% probability of a Federal Reserve rate cut in December
80% confidenceFive Below has seen nice traffic growth in both new customers and retention, with expansion of what value looks like beyond $5 items
80% confidenceJerome Powell is a stubborn mule for the central bank's decision to only modestly lower borrowing costs this year
80% confidenceThe consumer and competitive environment has grown notably tougher for food retailers, with sentiment toward food retailers souring over past few months
80% confidenceMeeting between US envoy and Vladimir Putin was reasonably good but outcome for peace deal is uncertain
80% confidenceTrump should cut fees holding back US generics
80% confidenceUS will start striking drug cartels on land in Venezuela very soon
80% confidenceKevin Hassett is seen as likely to usher in a more-dovish era at the Fed given President Trump's aggressive campaign for rapid rate cuts
80% confidenceCopper's breakout above $11,000 won't last
80% confidenceBond investors have expressed concerns to US Treasury about Kevin Hassett's potential appointment as Fed chair, worrying he will cut interest rates aggressively to please President Trump
80% confidenceEnterprises want AI that can work within their secure, trusted data environments without compromise, and the Snowflake partnership brings Claude directly where that data lives
80% confidence
Data points we hold from this source
| Salesforce · eps | 3.25 USD |
| Snowflake Inc. · eps | -0.87 USD |
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