Ozempic Risk, Higher Rates Fuel Short Bets on Restaurant Stocks - BNN Bloomberg

📆 10/9/2023 10:44 AM
📰 BNNBloomberg

⏱ Reading Time:
6 sec. here
2 min. at publisher
📊 Quality Score:
News: 6%
Publisher: 50%

United States News News

United States United States Latest News,United States United States Headlines

Short sellers have boosted their bets against restaurant stocks in the past month, with concerns swirling that higher interest rates will pinch consumers’ wallets and weight-loss drugs will impact their behavior.

Israel Latest: Over 1,100 Dead; Oil Soars on Fears of Proxy WarOil Markets to See Long-Term Impact From Israel Conflict, According to CitiAsia Stocks Set to Rise as Dollar Gains on Attacks: Markets WrapClaudia Goldin’s Economics Nobel Marks a First for Women in Two WaysKuwait Sees Mega Al-Zour Refinery Fully Operational in Few DaysArchitect of Russia Oil-Price Cap Says There’s a Fix for Weakening ProgramOil Rallies By More Than 3% After Hamas Attacks Against IsraelHedge Fund Caius Led Creditors...

jobs report for SeptemberEconomy adds 64K jobs in September, unemployment rate holds steady at 5.

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:

Write Comment

United States United States Latest News, United States United States Headlines

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

JPMorgan, Citi Prepare for Fed’s Higher-For-Longer Approach: US Earnings Week Ahead - BNN BloombergJPMorgan Chase & Co. is expected to have outperformed Citigroup Inc. and Wells Fargo & Co. in profitability when the three banks report quarterly earnings this week, though all lenders face challenges from a slow economy and high interest rates.
Source: BNNBloomberg - 🏆 83. / 50 Read more »