The stock market

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US economic growth unexpectedly revised down to 4.9% in third quarter

The revised GDP report shows the U.S. economy grew slower than previously believed in the third quarter, but remained resilient despite some headwinds.

www.foxbusiness.com

 

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Biden’s boasts about 2023 economy and ‘jobs, jobs, jobs’ are more spin than reality

Joe Biden’s economic performance and "Bidenomics" aren't as successful as the White House claims. He might have boasted about ‘jobs, jobs, jobs’ but that's more spin than reality

www.foxnews.com

Careful what you read or listen to.

 

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Democrats turn on Biden SEC chair over increased regulation

Securities and Exchange Commission Chair Gary Gensler has increasingly drawn the ire of Biden administration officials and House Democrats over his approach to increased regulation.

www.foxbusiness.com

 

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The Big Three get big subsidies but still do big layoffs

The Big Three automakers clearly are in financial trouble, and the threat of more job losses will likely spur politicians to throw money at the companies.

www.foxbusiness.com

 

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The Santa Claus rally in stocks may end abruptly - and an economic slump looks assured in 2024, top economist David Rosenberg says

Stock investors face a "nasty January," and the US economy is showing cracks based on recent data, David Rosenberg said.

finance.yahoo.com

 

[Roccus7]

The Santa Claus rally in stocks may end abruptly - and an economic slump looks assured in 2024, top economist David Rosenberg says

Stock investors face a "nasty January," and the US economy is showing cracks based on recent data, David Rosenberg said.

finance.yahoo.com

Santa Claus Rally? Is that the new, PC replacement for Fund Managers' "Dressing the Pig", which has been used in the past for the predictable December uptick...

 

[longcast]

Santa Claus Rally? Is that the new, PC replacement for Fund Managers' "Dressing the Pig", which has been used in the past for the predictable December uptick...

Afraid so.

 

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December jobs report headlines first week of 2024 trading: What to know

A fresh slew of labor market data is set to greet investors in the first week of trading in 2024.

finance.yahoo.com

 

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9 economic trends to watch in 2024

Wall Street economists and market strategists entered 2023 expecting a recession and predicting unusually weak returns for stocks.

finance.yahoo.com

 

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https://www.cnn.com/markets/premarkets

 

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Stock market news today: US stocks sink to start new year as Apple slips

Dow futures drop over 180 points, while Nasdaq futures lose around 1% as the rally in stocks falters.

finance.yahoo.com

 

[longcast]

December jobs report headlines first week of 2024 trading: What to know

A fresh slew of labor market data is set to greet investors in the first week of trading in 2024.

finance.yahoo.com

 

[longcast]

Stock market news today: Stocks slip, bond yields rise as rate-cut bets cool

Stocks have started 2024 on a downbeat note, after huge bets on a Federal Reserve pivot spurred a year-end rally.

finance.yahoo.com

 

[longcast]

Monthly job openings hit lowest level since March 2021

Economists have been looking for job openings to decrease as the Fed hopes for the labor market to return to a better balance between supply and demand for workers.

finance.yahoo.com

Job openings hit their lowest level since March 2021 in November, coming in lower than Wall Street expected and reflecting a continued cooling in the labor market to end 2023.

 

[longcast]

US chip stocks tumble after strongest year since 2009

U.S. chip stocks added to a string of losses on Wednesday, with Wall Street's main semiconductor benchmark tumbling from record highs following its strongest year since 2009, when the sector bounced back after the financial crisis. Drops of over 2% in Advanced Micro Devices, Qualcomm and...

finance.yahoo.com

 

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Santa Claus Rally? Is that the new, PC replacement for Fund Managers' "Dressing the Pig", which has been used in the past for the predictable December uptick...

Why Santa just poured cold water on a bullish 2024

The first signs of 2024 are far from auspicious, with the bullish momentum of 2023 feeling like nothing but a memory.

finance.yahoo.com

 

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Stock market news today: US futures tread water as focus turns to jobs updates

Stocks are struggling to shake off a dismal start to the year after Federal Reserve policymakers left hopes for an early interest-rate cut hanging.

finance.yahoo.com

 

[longcast]

Pharmacy chain Walgreens cuts dividend to save cash, shares slump

(Reuters) -Walgreens Boots Alliance on Thursday nearly halved its dividend payout as it attempts to conserve cash amid low consumer spending and intense competition, sending the U.S. pharmacy chain's shares down 11%. The stock was the second-biggest drag on the blue chip Dow Jones Index, and...

finance.yahoo.com

 

[Roccus7]

Pharmacy chain Walgreens cuts dividend to save cash, shares slump

(Reuters) -Walgreens Boots Alliance on Thursday nearly halved its dividend payout as it attempts to conserve cash amid low consumer spending and intense competition, sending the U.S. pharmacy chain's shares down 11%. The stock was the second-biggest drag on the blue chip Dow Jones Index, and...

finance.yahoo.com

Boy, are those comments classic "Well, we F-d up by over expansion to the point that we can't find enough staff and/or customers to support stores on every other corner"???

 

[longcast]

Stock market news today: US futures slide as December jobs report comes in strong

Eyes are on the December US jobs report for signs of a cooling labor market.

finance.yahoo.com