Page 37 - Philly Fed News Today

Need to Know: ‘This is no longer a buy-the-dip market.’ Why this Goldman Sachs veteran is worried about the stock market. Need to Know August 17, 2023 View in Web Browser ‘This is no longer a buy-the-dip market.’ Why this Goldman Sachs veteran is worried about the stock market. By Barbara Kollmeyer Critical information

FTSE 100 down 47 points at 7,310 BAE Systems buys Ball Corps aerospace arm for $5.55 billion Chinas property woes and hawkish US Fed weigh on equities...

The Philadelphia Fed said Thursday its gauge of regional business activity rose to 12 in August from negative 13.5 in the prior month.

Philadelphia-area manufacturing data

Thursday August 17, 2023 Trading Desk: (312) 236-8907 TODAY’S GAME PLAN: from the trading desk, this is not research DATA/HEADLINES 8:30ET Weekly Jobless Claims, Philly Fed; 10:00ET Leading Index U.S PHILADELPHIA FED MANUFACTURING INDEX (AUG) ACTUAL: 12.0 VS -13.5 PREVIOUS; EST -10.2 TODAY’S HIGHLIGHTS: SF Fed reported US household excess savings will be exhausted by

If anything, 10y proved it doesn‘t want to top yet at 4.28%, and all the relief rallies in S&P 500 and Nasdaq failed.

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Dow, S&P and Nasdaq opened higher  Benchmarks in reverse by midday Walmart raises guidance after strong second quarter Cisco jumps after...

U.S. manufacturing is back, with a gauge of regional activity rebounding in August to show its first positive reading in nearly a year, the Federal Reserve Bank of Philadelphia said Thursday.