Stocks (^DJI, ^IXIC, ^GSPC) have gotten off on the wrong foot, trading lower in the first trading days of 2024 following 2023’s rally highs. John Hancock Investment Management Co-Chief Investment Strategist Emily Roland attributes this early market environment to the anticipation of interest rate cuts made by the Federal Reserve, calling it a “dry January.” “We’ll want to see continued disinflation in the pipeline and then of course earnings — last year was unbelievable just to see that earnings didn’t matter much, even the macroeconomic data wasn’t all that helpful,” Roland tells Yahoo Finance about data points to watch, including Friday’s jobs report data. #youtube #stockmarket #investing About Yahoo Finance: […]
Yahoo Finance anchor Rachelle Akuffo spoke with Levi Tillemann, Author of The Great Race: The Global Quest For The Car Of The Future, about the competition heating up between EV makers BYD and Tesla. Tillemann also spoke about how government policy plays a significant role in EV adoption in both China and the United States. #Tesla #youtube #yahoofinance About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. – Get the latest news and data at finance.yahoo.com – Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) – […]
A new survey from JPMorgan Chase reveals a drop in business leaders’ fears of a recession in 2024. The report showed 40% of mid-sized business leaders anticipate a recession in 2024, down from 65% last year. JPMorgan Commercial Banking Head of Research Ginger Chambless joins Yahoo Finance to discuss their recent survey and how business leaders view the current status of the economy. “What came out of the survey is that there is 86% of mid-size business leaders expect to maintain or add headcount in 2024,” Chambless explains. “So, that’s still a pretty high number, and I think it speaks to the idea that businesses are still looking to add […]
About Yahoo Finance: Yahoo Finance anchors Rachelle Akuffo and Jared Blikre report on Apple’s second downgrade this week from Piper Sandler to Neutral and the tech giant losing $129 billion in market cap. #Apple #tech #youtube Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. – Get the latest news and data at finance.yahoo.com – Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) – Follow Yahoo Finance on social: X: http://twitter.com/YahooFinance Instagram: https://www.instagram.com/yahoofinance/?hl=en TikTok: https://www.tiktok.com/@yahoofinance?lang=en Facebook: https://www.facebook.com/yahoofinance/ LinkedIn: https://www.linkedin.com/company/yahoo-finance
Apple (AAPL) gets hit with another downgrade this week, the iPhone maker’s second since the start of 2024. Piper Sandler analysts downgraded Apple stock from “Overweight” to “Neutral” amid concerns about the tech giant’s iPhone inventory levels. Yahoo Finance Markets Reporter Jared Blikre breaks down Piper Sandler’s note and how remnants of 2023 themes are lingering around Apple and the tech industry at large so far in 2024. About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. – Get the latest news and data at finance.yahoo.com – Download the […]
With inflation beginning to cool but many economic headwinds on the horizon, many on Wall Street are still debating as to when the Federal Reserve will begin to cut rates. Recent comments from Fed leadership continue to throw doubt on the Fed’s next moves. Vanguard Chief Economist & Global Head of Portfolio Construction Roger Aliaga-Díaz joins Yahoo Finance to discuss what are the conditions that need to be met for the Fed to make interest rate cuts and the possibility of where the economy might land. Aliaga-Diaz claims the Fed needs “to see inflation in a sustained path downwards. This is difficult to think it will continue without further softening […]
As the stock and bond markets are off to a rough start in 2024, minutes from the Federal Reserve’s last FOMC meeting illustrate the possibility that interest rates will peak this year. Innovator Capital Management Head of Research & Investment Strategy Tim Urbanowicz examines how sustainable the Fed’s inflation goals will be. “The one thing that we need to keep in mind right now is that humility is the most important attribute above all,” Urbanowicz tells Yahoo Finance on the great degree of uncertainty seen across the past several years’ economic environment. “We’ve seen spurts of inflation before but we’ve never seen inflation that has been triggered by a pandemic […]
The minutes from the Federal Reserve’s December meeting shows officials believe interest rates may have reached or be near the peak for the current cycle, with a consensus that rates could end 2024 lower due to progress being made in the fight against inflation. However, officials also stressed that there is a lot of uncertainty in the economy and left the door open to raising rates again if they determine it is needed. Officials emphasized the need for more evidence that inflation is moving towards the central bank’s 2% target. One thing policymakers noted is that they are paying attention to the six-month measure of inflation. That is important because […]
The Santa Claus rally is a closely watched indicator by Wall Street traders, but this year, it is going to fall short. In the video above, Yahoo Finance’s Jared Blikre explains why the rally gets so much attention and what it could indicate if it falls short of expectations. #stockmarket #yahoofinance #youtube About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. – Get the latest news and data at finance.yahoo.com – Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) – Follow Yahoo Finance on social: X: […]
US job openings fell to 8.79 million in November from 8.85 million in October, their lowest level since March 2021, the Labor Department reported Wednesday. Yahoo Finance Live anchors Julie Hyman and Josh Lipton discuss reports on the breaking jobs data and the Federal Reserve’s dual mandate of balancing employment while lowering inflation. #yahoofinance #youtube #stockmarket About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. – Get the latest news and data at finance.yahoo.com – Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) – Follow Yahoo […]
