S&P 500 and Nasdaq slip, continuing sluggish August trading: Live updates
— Hakyung Kim, Gina FrancollaTraders at JPMorgan see a 40% chance of the market pulling back before resuming its upward trend from this year. That's up from a 35% probability.
"This remains the US Market Intel view. The question is whether last week constituted the pullback. I would think not but this was also what I thought when I wroteon June 20," the traders said. "The reasons cited were less rosy macro data; the continuation of the tightening cycle; earnings outlook; and lack of incremental buyers."
"With bottom's-up earnings estimated higher in the medium term and buyback poised to turn back on, bullets and would be the key similarities with the addition of positioning," they said.The Russian ruble fell to its lowest level in about 17 months against the U.S. dollar, with President Vladimir Putin's economic"A weak ruble complicates the restructuring of the economy and negatively affects the real incomes of the population.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
EUR/USD: Weekly Forecast 13th August - 16th AugustThe EUR/USD finished near a value of 1.09445 going into the weekend.
Baca lebih lajut »
GBP/USD: Weekly Forecast 13th August - 19th AugustThe start of trading last week in the GBP/USD produced rather calm trading waters, but on Thursday volatile waves caused choppiness as U.S and U.K data hit spec
Baca lebih lajut »
BLACKPINK's 'Shut Down' becomes the group's 15th MV to surpass 500 million views | allkpopBLACKPINK's sensational music video 'Shut Down' has achieved a remarkable milestone, crossing the impressive threshold of 500 million views …
Baca lebih lajut »
Kyle Larson's 2024 Indianapolis 500, Coca-Cola 600 Cars MatchThe mirrored McLaren and Hendrick liveries are the latest reminder that NASCAR's 2021 champion is actually, really running the Indianapolis 500 next year.
Baca lebih lajut »