News Formal

Market Volatility & Fed Rate Cut Spark Uncertainty

  • 📰 nbcchicago
  • ⏱ Reading Time:
  • 23 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 51%

Business News

FED Rate Cut,Market Volatility,Technology Mergers

CNBC Daily Open explores the impact of recent market movements and the Federal Reserve's decision to cut interest rates. The report delves into the potential ramifications for investors, economic indicators, and major companies like Intel, Boeing, and FedEx.

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe. Whether talks proceeded or what possible deal terms would be are unclear, according to a source. Considering Intel's market cap of over $90 billion, the deal, if it were to happen, would be one of the largest technology mergers ever.

The freight company's seen as a bellwether for the economy. The higher overall demand is, the more shipping services are required. Hence, when FedEx misses revenue estimates, one possible conclusion's that the economy's not doing as hot as expected.Piper Sandler chief global economist Nancy Lazar noted the current easing cycle echoes that of 2001 and 2007, when the Fed's first cut was also half a percentage point.

 

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

 /  🏆 545. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

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

Sahm rule creator sees 50-bps Fed rate cut on labor market worriesSahm rule creator sees 50-bps Fed rate cut on labor market worries
Source: Investingcom - 🏆 450. / 53 Read more »

Stock Market Today: US stocks flat as traders brace for Fed's rate decisionStock Market Today: US stocks flat as traders brace for Fed's rate decision
Source: Investingcom - 🏆 450. / 53 Read more »

Fed's Daly leaves door open to bigger rate cut on further labor market weaknessFed's Daly leaves door open to bigger rate cut on further labor market weakness
Source: Investingcom - 🏆 450. / 53 Read more »

Fed's Daly leaves door open to bigger rate cut on further labor market weaknessFed's Daly leaves door open to bigger rate cut on further labor market weakness
Source: Investingcom - 🏆 450. / 53 Read more »