Market volatility expected to continue in the week ahead with Presidential debate and jobs report

  • 📰 CNBC
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 72%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

The presidential debate and the jobs report are the big things investors are watching in the week ahead, and both could have a big impact.

The September jobs report will be the final employment report before the election when it is released Friday.

The Fearless Girl statue is seen outside the New York Stock Exchange in New York City, New York, U.S., June 11, 2020.Stock market volatility, with sharp ups, downs and reversals, is likely to be the norm again in the week ahead, as investors await Friday's jobs report and watch headlines from Washington and the presidential debate.

The unemployment rate is expected to drop to 8.2% from 8.4%. JP Morgan economists said they expect job growth to continue, but they also said the lack of stimulus and aid to the unemployed could slow consumer spending. They reduced their forecast for fourth quarter GDP growth to 2.5% from 3.5% Thursday.Michael Schumacher, director of rate strategy at Wells Fargo, said the debate may have more potential to move the market than the jobs report.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

LiveSquawk Okey play jp Morgan , red

LiveSquawk Duh

Are you looking for Trendy Typography Tshirt design? Here I am. I will provide you custom Typography tshirt design. Give you texts or quotes and i will design it. DM me or.... Order here:

Hey look👇 BidenHarrisToSaveAmerica

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Banks Are Loving 2020 Market, but Market Doesn’t Love Them BackAmong 2020’s many oddities, add this paradox: The stock market is crushing the banks, even as the banks are crushing it in the market. Interest rates are near zero, and economic growth is still stagnant. What's to love? They love Gov backed securites, where they stand to profit, either way. They get a percentage of these loans or charge fees to process them, I assume. Much larger than the ones for loans they personally issue, plus they are also filing false claims, one would assume, secretely?
Source: WSJ - 🏆 98. / 63 Read more »

Here's what happened to the stock market on WednesdayRenewed pressure in key tech stocks dragged down the broader market. It took a fat shit Easy , manipulator are sell all , tomorrow coming black day , see market , índices down , see dollar strong I’ll save you permabull vested interest charlatans a click It went down - a lot
Source: CNBC - 🏆 12. / 72 Read more »

Dow Falls Over 500 Points As Tech Stocks Drag Market LowerStocks were widely for sale on Wednesday as a decline in tech shares again dragged the market lower. skleb1234 Call to action SEATS4STIMULUS PURPLEPOWER PayPUA STIMULUSCHECK 1200 not enough 💜💜💜💜LALATE skleb1234 Fell Down?
Source: Forbes - 🏆 394. / 53 Read more »

Amazon chases Google, Microsoft into the game-streaming marketAmazon.com Inc. is diving into the new and hotly contested market for streaming video games, the company said during a press event Thursday that also revealed a refreshed lineup of Echo smart speakers and a flying home video camera. Sweet 🤙 Nice “Innovation is a bridge suspended between our existing knowledge, experience, tradition and the future. We can choose to cross it or forever be contemplating what might be on the other side...”— The Eternity Project Part 1 Alpha
Source: latimes - 🏆 11. / 82 Read more »

Stocks turn sharply higher — Five market experts on why they stay optimisticFive market strategists and portfolio managers explain why they are bullish on the market long term despite the current volatility. SPUS are unch Ummmmm....things change quickly
Source: CNBC - 🏆 12. / 72 Read more »

The second wave of a rolling bear market is about to begin, says top forecasterYves Lamoureux, a top forecaster, says the second COVID-19 wave is about to usher in another stock pullback. “So we have a second wave coming, we have very wealthy people taking profits ... I think the market is going to start to go down again.' Trump will dump another trillion on bonds & stocks, 7 of 10 losing money Nut job pushing bitcoin, spacs, deflation, falling RE prices. Wrong, wrong, wrong, and wrong. This you vicrek ?
Source: MarketWatch - 🏆 3. / 97 Read more »