Forget the Shutdown. Why Stocks Have Plenty More to Worry About.

Despite the S&P 500 and the Nasdaq ending slightly up on Wednesday, it’s still safe to say that stocks are having a bumpy week.

Newsletter Sign-up Particularly as longer-term bond yields have moved up since the Federal Reserve decision this month, at which Chairman Jerome Powell promised to keep rates higher for longer and produced forecasts to back it up. That’s bad news for stocks because it makes it more expensive for companies to borrow money.

***UAW’s New Threat to Expand Strikes If Progress Stalls The United Auto Workers, frustrated by the progress of labor contract talks with General Motors and Stellantis, said it would expand strikes to more facilities for a second time if there isn’t sufficient progress by Friday. The threat came hours before former President Donald Trump visited Michigan.

What’s Next: The Organization of the Petroleum Exporting Countries meets on Oct. 4 to discuss planned reductions in output. The cuts by OPEC, plus additional voluntary cuts by Saudi Arabia and Russia, will reduce global production by 1.3 million barrels a day through the end of the year. That will both drag on economic growth as well as push up inflation, making the Federal Reserve’s job harder.

ایران آخرین اخبار, ایران سرفصلها

Similar News:همچنین می توانید اخبار مشابهی را که از منابع خبری دیگر جمع آوری کرده ایم، بخوانید.

Stocks higher, Senate shutdown progress, Costco, Microsoft, MicronStocks higher, Senate shutdown progress, Costco, Microsoft, Micron
منبع: startelegram - 🏆 248. / 63 ادامه مطلب »

Stocks resume slide as rate bets, shutdown risks rattle marketsStocks are set for another soft opening Tuesday as risks linked to a hawkish Fed and an undisciplined Congress, continue to mount.
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U.S. stocks open lower amid government-shutdown worriesU.S. stocks opened lower Tuesday amid worries over a potential government shutdown and higher Treasury yields. The Dow Jones Industrial Average was down 0.6%...
منبع: MarketWatch - 🏆 3. / 97 ادامه مطلب »

Here's when stocks fell during a long shutdownThere have been six government shutdowns since 1978 that lasted five days or more, and the S&P 500 stock index gained in the four most recent shutdowns. Brian Gardner, chief Washington policy strategist at Stifel, emphasized that history in a recent note to clients. As shown in his chart above, th
منبع: MarketWatch - 🏆 3. / 97 ادامه مطلب »

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