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Transcripts For BBCNEWS Business Today 20240904

Seems to be reducing. But there are also concerns about the wider us economy that led to a wider selloff on us markets, as ritika gupta explains. The snp 500 saw its biggest slide since an early august meltdown, ending the session down 2%. This comes after a rally that put the benchmark within a striking distance of its all time highs. Technology stocks, the gauges most influential group, took the brunt of the decline. The nasdaq index closed down by 3%, while the dowjones index slipped by 1. 5%. One of the biggest losers on the day was nvidia, the high flying artificial intelligence darling, which ....

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Transcripts For BBCNEWS Business Today 20240904

August meltdown, ending the session down 2 . This comes after a rally that put the benchmark within a striking distance of its all time highs. Technology stocks, the gauges most influential group, took the brunt of the decline. The Nasdaq Index closed down by 3 , while the Dowjones Index slipped by 1. 5 . One of the biggest losers on the day was nvidia, The High Flying Artificial Intelligence darling, which raised more than 240 Billion in market value. The Chip Maker shares closed down over 9 . 0ther Semiconductor stocks, including micron, intel and advanced micro devices, fell in sympathy. The market also took a leg lower after manufacturing ....

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Treasury Yields Could Provide Tailwind, But Disappointing European Data Clips Rally - Broadcom (NASDAQ:AVGO), Salesforce (NYSE:CRM)

(Wednesday market open) A sprinkle of caution threatened to rain on Wall Street’s rally parade early Wednesday as signs of stubborn inflation in Europe pushed markets lower across the Atlantic. It was more of a mixed picture on Wall Street in premarket trading as investors reacted to both the disappointing overseas data but also to rate-friendlier U.S. ....

United States , Kevin Gordon , Lululemon Athletica , Nathan Peterson , National Employment , Institute For Supply Management Manufacturing Index , Market Committee , Financial Research , Federal Reserve , American Petroleum Institute , Institute For Supply Management Non , Zscaler Inc , Gitlab Inc , Labor Turnover Survey , Schwab Center , Wall Street , Consumer Confidence , Conference Board , Employment Report , Gross Domestic Product , Volatility Index , Nonfarm Payrolls , Trading Economics , Five Below , Personal Consumption Expenditure , Personal Spending ,

Powell Watch: Markets Await Fed Chief's Outlook on Rates and Inflation - Intuit (NASDAQ:INTU), Gap (NYSE:GPS)

(Friday market open) As the end of a whipsawing week for the market draws near, investors turn their attention to the week’s true headline act: Federal Reserve Chair Jerome Powell’s remarks today at the Jackson Hole Economic Symposium. ....

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Are We In A Recession?

Are we in a recession? The signs might indicate so, but there are more factors to consider. Keep reading to learn more. ....

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