My top 10 things to watch Friday, Dec. 20 1. Wall Street was back in the soup Friday morning but trimming some losses on a cooler reading from the Federal Reserve's favorite inflation measure. The S & P 500 and Nasdaq closed modestly lower Thursday for their third straight session. The Dow closed slightly higher, breaking its 10-day losing streak, its worst run in 50 years. 2. All of this follows Wednesday's Fed-driven market nosedive.
downgraded Lennar to hold from buy. The Street is turning on these homebuilders. The companies' biggest fear is that their strategy will produce too many unsold homes at higher rates. Oddly, that will reduce the price of homes in the long run, which is the Fed's goal as shelter inflation has been very sticky. 4. When stocks are this oversold you almost have to buy the market. But the speculation in space, nuclear, mobility, and quantum names must be quelled to get a real ending to this.
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
La source: CNBC - 🏆 12. / 72 Lire la suite »
La source: CNBC - 🏆 12. / 72 Lire la suite »
La source: CNBC - 🏆 12. / 72 Lire la suite »
La source: CNBC - 🏆 12. / 72 Lire la suite »
La source: CNBC - 🏆 12. / 72 Lire la suite »