Apple earnings, Fed decision, and Jobs data highlight big week: Yahoo Finance Live

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Investors are bracing for a massive week on Wall Street. Pfizer (PFE), Caterpillar (CAT), Starbucks (SBUX), and Roku (ROKU) are among the top names reporting...

Investors are bracing for a massive week on Wall Street. Pfizer , Caterpillar , Starbucks , and Roku are among the top names reporting, but it’s Apple’s report Thursday after the close many are waiting for. On the economic front, the Federal Reserve will announce its latest interest rate decision on Wednesday afternoon. Then, on Friday, we get the October Jobs Report. Yahoo Finance trending tickers include: McDonald’s , SoFi , and JPMorgan .9:40 a.m.

In the restaurant industry, stability is critical.So when David Ferguson noticed an unexpected $200 charge on his credit card bill from the tech company he uses to help manage his business, he figured it was an accounting mistake.Ferguson is the chef and owner at Gus, a small restaurant in Montreal's Petite-Patrie neighbourhood.He started using Lightspeed, a publicly traded Canadian point-of-sale supplier, about four years ago.

Western Forest Products Inc. is favoured by institutional owners who hold 50% of the company12 Safe Stocks To Invest In For The Long-Term in 2023

 

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Stocks and Bonds Await Federal Reserve Meeting and Employment DataThe course for stocks and bonds for the rest of the year may be determined by the Federal Reserve meeting, U.S. employment data, and earnings from Apple Inc. October has been volatile, with stocks down 3.5% for the month. The bond market, influenced by the Fed's interest rate stance and rising fiscal concerns, will play a significant role in determining market performance. Investors are concerned that higher Treasury yields could further impact stocks. Strong employment data and a hawkish message from the Fed could lead to a rise in yields.
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Food delivery company Yelloh to cut 750 jobs and close 90 delivery centersYelloh, formerly known as Schwan's Home Delivery, is closing 90 delivery centers and cutting 750 jobs nationwide. The closures will begin on December 8th. The company will continue to serve 18 states with its iconic yellow trucks, while customers in other areas will receive deliveries via UPS. Yelloh cites economic challenges, rising business costs, and the post-pandemic world as reasons for the closures.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »