comparemela.com

Latest Breaking News On - Big picture economic story didn t change a lot - Page 1 : comparemela.com

Transcripts for MSNBC Morning Joe 20240604 13:41:00

what does it look like today? so right now we thought we were going to get a bit of a break, a bit of a reprieve, given a optimistic jobs number. we re still gaining jobs, 428,000 of them. but as you see on your screen, we re down 350 points for the dow, roughly a little over a percent right now. the nasdaq is down almost 2%. now what will that indicate again today is that the selling pressure at least in the morning hours will persist and it will be focused a lot more on some of the technology and media and growth oriented stocks as having led to the upside since the pandemic kind of bottomed out in march of 2020. and are now some of the biggest losers in the market over the last couple of weeks here. the macro big picture economic story didn t change a lot with the jobs picture as you re seeing right there. but what investors are going to be focused on now is whether or not the path for interest rates will continue higher. if it does, it will have an adverse effect on some of the

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.