Stocks Post Worst Week In Over A Year
September 6, 2024
MRKT Matrix - Friday, September 6th
S&P 500 falls 1% Friday, heads for worst week in a year on tech selling, weak jobs report (CNBC)
Hiring Softened This Summer, Teeing Up Fed Rate Cuts (WSJ)
Summers Says Jobs Weakness Makes It Closer Call on Fed Going 50 (Bloomberg)
Fed’s Waller Says Jobs Data ‘Requires Action,’ Open to Big Cut (Bloomberg)
Yellen Says Jobs Report Confirms Labor Market ‘Quite Healthy’ (Bloomberg)
‘Don’t be a hero’ in this market, BofA’s equity chief says (CNBC)
Nvidia’s $400 Billion Tumble This Week Makes Bitcoin Look Calm (Bloomberg)
Super Micro Computer is among the most oversold names on the Street. Here are the others (CNBC)
Everything to Expect From Apple’s iPhone 16 Launch on Sept. 9 (Bloomberg)
Funds With $350 Billion Are Exposed to S&P’s New Index-Cap Rules (Bloomberg)
The NFL Is Back—and It’s Never Cost More to Watch (WSJ)