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Wall Street Posts Worst Week Since Early 2023
Episode 739
Despite a mixed August jobs report, stocks fell sharply Friday with semiconductors again dragging tech. Jobs climbed less than expected but the repor…
2 years ago
September Slide Persists Heading into Jobs Report
Episode 738
Wall Street fell for the third straight day ahead of Friday's payrolls report, but info tech inched up, lifting the Nasdaq. Treasury yields hit one-m…
2 years ago
Stocks Fall Again After Weak Job Openings Data
Episode 737
Job openings hit three-year lows in July, reinforcing fears of an economic pullback and raising odds of a deeper rate cut. Investors brace for Friday…
2 years ago
Soft Manufacturing Sinks Stocks, Sparks Volatility
Episode 736
A weak ISM Manufacturing report sent stocks reeling, with semiconductors plunging and volatility up more than 30%. Today underscores sensitivity to a…
2 years ago
Stormy August Ends Upbeat After Rough Start
Episode 735
The month that began with a near correction for the S&P 500 ended with the index up from July. The DJIA posted its fourth record close of the week. J…
2 years ago
Chips Spoil Rally, but DJIA Enjoys Rotation Boost
Episode 734
Nvidia's 6% fall hurt other semiconductor stocks and crashed the market's early party. Rotation into sectors including industrials and financials sen…
2 years ago
Nvidia Beats Estimates After Rough Day for Chips
Episode 733
Though Nvidia's earnings after the close exceeded Wall Street's thinking, shares slipped, perhaps due to hopes for even better results. Major indexes…
2 years ago
Wall Street Treads Water Ahead of Nvidia, PCE Data
Episode 732
Major indexes revived a bit from Monday's light losses, led by info tech a day before Nvidia's earnings. Friday's PCE could help determine the depth …
2 years ago
Tech Sags as Chips Crumble Ahead of Nvidia Results
Episode 731
Semiconductor shares sold off in shakiness ahead of Wednesday's earnings from AI leader Nvidia despite a lack of news. Yields stayed sluggish and ene…
2 years ago
Powell Power: Stocks at 1-Month High on Rate Hopes
Episode 730
Fed Chairman Powell's remarks fueled a broad rally and sent Treasury yields down. Rate-sensitive small caps, EVs, and homebuilders got the most tract…
2 years ago