Crypto and Gold Miners Sell-Off as Hot Jobs Data Cement September Fed Hike
Gold miners fall 1.9% and Bitcoin proxies sell off after August payrolls beat by 106,000, pushing September Fed hike odds to 60.2% from 49.4%.
Stocks · News reference
Wells Fargo Maintains Equal-Weight on First Horizon, Raises Price Target to $28
Wells Fargo analyst Terry McEvoy maintains First Horizon (NYSE:FHN) with a Equal-Weight and raises the price target from $26 to $28.
Reference Details
Connected Markets
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
- Source
- benzinga
- Observed
- Checked
- Cadence
- Captured once, then retained as an archive reference
- Status
- fresh
Keep reading
Related Headlines
Shares of banks and insurance companies are trading lower after the Treasury Department’s announcement that it would more than double the size of liquidity-support buyback operations for longer-dated bonds, which will serve to flatten the yield curve and pressure bank margins.
Jim Cramer: Nike Is 'Just OK' While This 'Inexpensive' Financial Stock Is ‘Terrific'
Jim Cramer recommended buying First Horizon and Intel. And while Nike is attempting a turnaround, competition is a problem, he argued.