Wall Street Desks Warn CPI Report May Upset Stock-Market Calm

-- From JPMorgan Chase & Co. to Citigroup Inc., Wall Street’s most prominent trading desks are warning that investors should gear up for a potential break in the calm that’s come over the market.Putin Names Economist as Defense Minister in Surprise Reshuffle

But if core CPI comes in between 0.3% and 0.35% from the prior month — near JPMorgan and consensus forecasts — the S&P 500’s outcome ranges from a 0.5% loss to a 1% gain, depending on whether rent inflation remains elevated, Tyler added. Any outcome where the core month-over-month declines sequentially will be “read as a positive by the market,” especially if the figure comes in below 0.2%, which may even revive bets for a June rate cut and send the S&P 500 higher by 2% to 2.

Overall, the slide in volatility and lower premiums for puts has made broader stock market hedging more attractive, and some VIX call spread buying was seen last week and Monday. Kate Winick was reassured that "companies just want to hire the right people" after being laid off from her director role at Peleton last year while pregnant—she's still job hunting.NVIDIA Corporation , Coinbase Global, Inc. , Interactive Brokers Group, Inc. and Robinhood Markets, Inc. are expected to benefit once the cryptocurrency rally resumes.

Walmart's earnings amid signs of weaker discretionary spending could add fuel to a rally that has propelled its shares to record highs, or potentially spook investors looking to justify the heavyweight retailer's pricey valuation. As Walmart gears up to report its first-quarter earnings on Thursday, Americans continue to spend heavily online, driven by demand for cheaper products.

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Stock market today: Wall Street drifts around the edge of its recordNEW YORK (AP) — U.S. stocks are ticking higher Monday and adding to what’s been a solid May following their rough April. The S&P 500 was up 0.2% in early trading and pulling within 0.4% of its record set at the end of March.
Fonte: SooToday - 🏆 8. / 85 Consulte Mais informação »

Stock market today: Asian stocks drift after Wall Street closes another winning weekHONG KONG (AP) — Asian stocks were mostly lower on Monday after Wall Street coasted to the close of another winning week. U.S. futures were mixed and oil...
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

Utility stocks are on fire — here are Wall Street analysts' top picksUtility stocks are outperforming the broader markets. Here's a look at three top picks from analysts.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

Wall Street Is Sending a Bullish Signal for S&P 500 Earnings(Bloomberg) -- Analysts are ratcheting up earnings forecasts for the current quarter at the swiftest pace in two years, suggesting that the worst of...
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »