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2024-11-15 01:19:29

Layer3.news on Nostr: CNBC World CNBC DAILY OPEN: POWELL’S COMMENTS DRAG INVESTORS DOWN TO EARTH FROM ...


CNBC DAILY OPEN: POWELL’S COMMENTS DRAG INVESTORS DOWN TO EARTH FROM POSTELECTION HIGH


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✍️ US markets fell on Thursday, with the S&P 500, Dow Jones, and Nasdaq Composite all declining, as investors turned their attention to inflation and interest rates.
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👉 US markets fell on Thursday, with the S&P 500, Dow Jones, and Nasdaq Composite all declining
👉 Fed Chair Jerome Powell stated that the economy is still strong and there is no need to rush to cut interest rates
👉 Producer price index rose 0.2% in October, in line with expectations
👉 Disney's quarterly results beat expectations, driving its shares up 6.2%
👉 Michael Burry is betting on China and hedging against those bets

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#JeromePowell #MichaelBurry #RickRieder #Dallas #Texas #Europe #mainstream #world
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Investors riding high on the postelection rally and are now dragged down to earth by interest rate concerns, their landing sure feels like a bumpy one.
https://www.cnbc.com/2024/11/15/cnbc-daily-open-powells-comments-drag-investors-down-to-earth-.html

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