My top 10 things to watch Wednesday, May 1 ADP's monthly report on hiring at U.S. companies showed stronger-than-expected job growth in April, showing labor market resilience. The government's jobs data is out Friday. The Federal Reserve is expected to hold interest rates steady when it ends its two-day meeting Wednesday afternoon. The market is trying to adjust to "higher for longer" rates.
The Federal Reserve is expected to hold interest rates steady when it ends its two-day meeting Wednesday afternoon. The market is trying to adjust to "higher for longer" rates. The question the press might ask Fed chief Jerome Powell at his news conference: Would you raise or lower?'s UPOD, under promise and over deliver, is at its best. The e-commerce and cloud giant crushes estimates and its own guidance on first-quarter operating income. Light guidance looks conservative.
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