In This Article:
All three of the major indexes (^DJI, ^IXIC, ^GSPC) are trading lower following manufacturing and initial claims data that were weaker than expected. It’s fueling concerns that the Federal Reserve may be keeping rates restrictive for too long and that a recession could be in the cards. Another thing Wall Street is watching is quarterly results from “Magnificent Seven” members Apple (AAPL) and Amazon (AMZN).
Investors will also get reports from Intel (INTC), Snap (SNAP), and Coinbase (COIN) after the market close. Trending tickers on Yahoo Finance include Meta Platforms (META), Arm Holdings (ARM), and Moderna (MRNA).
Key guests include:
3:05 p.m. ET - Michael Kantrowitz, Piper Sandler Chief Investment Strategist
3:20 p.m. ET - Josh Silverman, Etsy CEO
3:30 p.m. ET - Transportation Secretary Pete Buttigieg
4:10 p.m. ET - Nick Jones, Citizens JMP Equity Research Analyst
4:30 p.m. ET - Tom Forte, Maxim Group Managing Director and Senior Consumer Internet Analyst
4:45 p.m. ET - Mark Palmer, Benchmark Managing Director & Senior Research Analyst - Fintech and Digital Assets