Wall St set for lower open as chipmakers, growth stocks fall
), which had a stellar debuted on Thursday, dropped 4% after Bernstein started covering the stock with an"underperform" rating
A slew of recent hotter-than-expected economic data has eased concerns about a potential recession, without raising fears of a September rate hike.firming on Monday. "There will be a pause in September as indicated by the futures market. It is very important that we watch the upcoming CPI numbers and the employment numbers because they could have a strong impact on the way the Fed will wrap up the year."
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Futures dither after Wall St rout; Fed rate verdict in focus By ReutersFutures dither after Wall St rout; Fed rate verdict in focus
Read more »
Australia's Costa Group gets lower buyout offer from PE firm Paine Schwartz By ReutersAustralia's Costa Group gets lower buyout offer from PE firm Paine Schwartz
Read more »
Climate change protest with thousands to set to descend on Wall Street in Lower ManhattanProtesters took to the Upper East Side to march against fossil fuels, and now one day later thousands are set to demonstrate on Wall Street to draw attention to climate change.
Read more »
Erdogan says Turkey could 'part ways' with EU if necessary By ReutersErdogan says Turkey could 'part ways' with EU if necessary
Read more »
Argentina government expects economic rebound, inflation slowdown in 2024 By ReutersArgentina government expects economic rebound, inflation slowdown in 2024
Read more »
UAW, automakers resume labor talks; Stellantis hikes wage offer By ReutersUAW, automakers resume labor talks; Stellantis hikes wage offer
Read more »