SanDisk Jumps 10%, Lululemon Crashes 17%: Stock Market Today
A blowout August jobs report pushed traders to price a coin-flip chance of a Federal Reserve rate hike this month, dragging the S&P 500 and Dow lower by midday Friday.
Economy · News reference
September Fed Rate Hike? Louis Navellier Says Investors Need a ‘Chill Pill’ as Sticky Inflation Keeps Pressure on Kevin Warsh
Wall Street clashes on a Sept Fed hike: Navellier says take a 'chill pill,' while LPL's Roach warns sticky inflation demands tightening.
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
El-Erian Sees More Trouble Ahead for Bonds: ‘Reliable Buyers’ Are Running for the Exit
Economist Mohamed El-Erian warns of a fundamental imbalance in the bond market as traditional buyers of U.S. debt retreat and yields surge.
Mike Pompeo Wants Trump to Cut Off China’s Iranian Oil Lifeline Before Xi Jinping’s Washington Visit: ‘They Have Picked the Losing Horse’
Ahead of Xi Jinping's US visit, Mike Pompeo urges Washington to block China's Iranian oil buys, warning Beijing they backed the wrong horse.
Stock Market: Will S&P 500 Open Up or Down Today?
Will the S&P 500 open higher? Polymarket odds lean bullish as Wall Street braces for the August jobs report and escalating U.S.-Iran tensions.
QUICK SPARK: $5.3B Flows Into ETFs. VOO, SGOV and GLD Lead Investor Demand
VOO led ETF inflows with $3.3B. Investors also poured money into Treasury and gold ETFs; total ETF flows reached $5.3B on Thursday.
Rising Vacancies and Falling Payrolls Box in the Fed
High job openings contrast with falling hires, leaving the Fed trapped between rising inflation and cooling job growth.