Senior Investment Strategist at Edward Jones here in new york. Were seeing a dent in risk appetite. The market is grappling with a variety of worries tensions in the Middle East, a Port Strike and election uncertainty. Do you expect to see volatility . Are there any opportunities . Yes, it is great to be here, and we are moving nicely thus far this year and we are moving nicely thus farthis year in and we are moving nicely thus far this year in the snp 500, up far this year in the snp 500, up nearly 20 . As you noted, youre heading into a choppy October Period and facing mounting walls of worry in the market, including the upcoming election on November The 5th and the ongoing Port Strike on the Eastern Seaboard as well as growing escalations and tensions in the Middle East. We say investors in markets should prepare for bouts of volatility ahead of a 20 rally also, that is a natural next step in terms of what might happen in markets. We are probably due for a period of pull back, but w
Capital with smoke continuing to rise over the southern suburbs. A densely populated area where hezbollah has its main base. The Israeli Military says it carried out what it calls precise strikes on a building in the bachoura neighbourhood, near the lebanese parliament. And in the south of the Country Israel says their warplanes killed around 15 hezbollah members in an Air Strike in bintjbeil. Meanwhile, hezbollah claims their fighters confronted israeli forces attempting to advance at the fatima border crossing. Our middle East Correspondent Lina sinjab has the latest. Another sleepless night in beirut with one blast after the other. But this one is not in hezbollah S Stronghold in the south of beirut. This one is in the heart of the city. Israel says it is a targeted attack against hezbollah. Local media say its a health facility. Six paramedics are reported to have been killed here. It is paramedics are reported to have been killed here. Been killed here. It is very clear this been
Steel and aluminium products are more than tripled to 25%. Tariff hikes and other products including semiconductor chips are set to take into effect over the next two years. The increases which impact a relatively small amount of us imports come as vice president kamala harris and former president donald trump have clashed over tariffs on the campaign trail. Mrtrump clashed over tariffs on the campaign trail. Mr trump is calling for sweeping new duties on all imports while ms harris has said his proposal would raise prices for the american people. Raise prices for the american eo le. . , ,. , raise prices for the american eole. . . , , people. The european union is also considering people. The european union is also considering tariffs people. The european union is also considering tariffs on also considering tariffs on china made electric vehicles and negotiations are ongoing. The block was meant to vote on the taxes earlier this week that has since been delayed. We will bring you a
Will more than triple to 25%. Tariff hikes on other products, including semiconductor chips, are set to take into effect over the next two years. The increases, which impact a relatively small amount of us imports, come as vice president kamala harris and former president donald trump have clashed over tariffs on the campaign trail. Mr trump is calling for sweeping new duties on all imports, while ms harris has said his proposal would raise prices for the american people. Meanwhile, the european union is also considering tariffs on china made electric vehicles and negotiations are ongoing. The bloc was meant to vote on the taxes earlier this week, but that has since been delayed. Us stock markets rose on thursday, with the s&p 500 closing at a record high for the third time this week. Shares of micron jumped by almost 15%. This comes after the chip company posted strong earnings and said it expected growth in the months ahead, led by the artificial intelligence boom. We are keeping an
Thank you for getting up for us so early this morning. I want to pick up on that jobless data, the fact that the Jobs Market at the moment, about employers right now . Absolutely. So, that number coming lower is a relief. It shows employers are still hiring. You are still able to get a job. They have been statistics recently showing some people are saying is harder to find jobs. With the lower numbers, that is showing that there is some hope. It means the consumer, obviously, has some support. Getting the incoming supporting the economy. They are able to continue spending. It is great numbers. They are right in the Sweet Spot of we want to see. Right in the Sweet Spot. The economy is looking good. What does that mean for the federal Reserve And Rate cuts going forward . Iii Reserve And Rate cuts going forward . , , forward . If the Gdp Numbers we saw came into forward . If the Gdp Numbers we saw came into hot forward . If the Gdp Numbers we saw came into hot or forward . If the Gdp Num