The stock market

[longcast]

Fidelity rolls out suite of new ETFs, slashes fees

Fidelity launched a group of six new exchange-traded funds (ETFs) Monday and announced sharp reductions on management fees on nearly a third of its total ETF lineup, kicking off what analysts expect to be another strong week for ETF debuts. So far this year, asset managers have launched 419...

finance.yahoo.com

 

[longcast]

PE Firms Trapped in China After $1.5 Trillion Betting Spree

(Bloomberg) -- Private equity firms that amassed more than $1.5 trillion of assets in China in just two decades are now struggling to offload once-promising investments they were counting on for hefty returns.Most Read from BloombergBiden, Xi to Announce China’s Crackdown on Fentanyl TradeWall...

finance.yahoo.com

 

[wader]

Market be rocking' this morning.....

 

[longcast]

Where you been?

 

[longcast]

Stock market news today: Dow surges over 450 points after cool inflation print

Stocks soar after the CPI inflation data boosts bets that the Fed is done with hiking rates and could start cutting them next year.

finance.yahoo.com

 

[wader]

Where you been?

Me? Up in Maryland

 

[wader]

Where you been?

me? Maryland.

 

[longcast]

Dow Jones Gains Despite Johnson Debt-Plan Hurdles; Cathie Wood Buys This Stock Amid 22% Plunge

The Dow Jones was up even as House Speaker Johnson met resistance over debt. Cathie Wood snapped up a plunging stock. Tesla stock rallied.

finance.yahoo.com

 

[longcast]

 

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One chart shows how the 'Magnificent 7' have dominated the stock market in 2023

New analysis from Goldman Sachs shows how a record consolidation at the top of the S&P 500 led to much of the index's 2023 gains.

finance.yahoo.com

 

[longcast]

Stock market news today: Dow leads stocks higher as oil falls, bitcoin soars

Stocks built on gains after CPI inflation data boosted bets that the Fed is done with hiking rates and could start cutting them next year.

finance.yahoo.com

 

[longcast]

Wall Street bullish on Exxon's lithium push: 'In their wheelhouse'

ExxonMobil is taking its expertise in drilling and applying it to lithium, which is used for electric vehicle batteries.

finance.yahoo.com

 

[longcast]

Billionaire Citadel founder Ken Griffin says employers won’t go the ‘extra distance’ to keep hybrid workers on the payroll: ‘It’s an email to all… and goodbye’

Citadel founder Ken Griffin says managers are less likely to fight for remote and hybrid workers in a layoff process.

finance.yahoo.com

 

[longcast]

Stock market news today: Stocks retreat from rally as Fed doubts creep in

Investors are starting to question the idea the Federal Reserve is poised to pivot away from interest-rate hikes, given Americans keep spending.

finance.yahoo.com

 

[longcast]

Americans stress that their US dollars aren't stretching far enough to make up for inflation

One U.S. business owner and their patron echo concerns that their dollars earned do "not stretch nearly as far" as it used to when paying for food, housing and energy.

www.foxbusiness.com

 

[longcast]

The 'resilient consumer' narrative is finally changing

A weakened consumer can still be strong enough for corporate earnings but resilience has its limits.

finance.yahoo.com

 

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Anheuser-Busch’s US marketing chief steps down as Bud Light sales plunge

Brewer looks to win back its core buyers.

finance.yahoo.com

 

[longcast]

Amazon cutting 'several hundred' jobs in Alexa division

E-commerce giant Amazon is cutting jobs within its Alexa division, according to an email sent to staff by Alexa and Fire TV Vice President Daniel Rausch.

www.foxbusiness.com

Aka.......................................economy issues

 

[longcast]

Warren Buffett is piling up cash because he sees a storm brewing and can't find bargains, wealth manager says

Berkshire Hathaway's record $157 billion cash pile is a warning sign for investors, Portfolio Wealth Advisors' Lee Munson said.

finance.yahoo.com

 

[longcast]

Just love this term - "dead cat bounce" LOL

Oil’s ‘Dead Cat Bounce’ Spares Energy Stocks From Greater Pain

(Bloomberg) -- Don’t be fooled by Friday’s sharp relief rally in oil and gas equities as the picture is still bleak for crude supply and demand. Most Read from BloombergBacklash Spreads Over Musk’s Endorsement of Antisemitic PostAston Martin Owner Lawrence Stroll Sells F1 Team Stake at £1...

finance.yahoo.com