S&P 500 Climbs 1%, Nasdaq Up 1.4%
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- Stocks close lower as investors eye Mideast talks, earnings
- Trump held multiple undisclosed calls with Fed Chair Warsh, reports say
- Sandisk unveils underwhelming outlook despite AI demand surge; shares slip
- Alphabet taps bond market with sweeping 10-part offering to fuel AI ambitions
- Citi says buy the pullback in memory stocks as upcycle is still in early innings
- Salesforce president Srini Tallapragada steps down, becomes advisor
- EverCommerce names Alex Goor as new CEO, founder steps down
- Sandisk (SNDK) Tops Q4 EPS by $4.66, Offers Guidance
- Crude Inventory Rose 2.5 Million Barrels Last Week - EIA
- AMD shares slide 8% after Musk flags plans to buy Nvidia chips for SpaceX
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Nomura Sees 100bps Increase Next Week
September 13, 2022 12:19 PM EDTNomura Sees 100bps Increase Next Week
... MoreJPMorgan on FOMC Following US Inflation Data: 'a 75bp hike at the September meeting much more likely than a 50bp increase'
September 13, 2022 10:13 AM EDTAnalyst Daniel Silver comments "The consumer price index (CPI) rose 0.1% in August. While the 5.0% drop in the energy CPI and the 0.8% increase in the food CPI were pretty close to our expectations, the 0.6% gain in the core index (0.567% to three decimals) was a notable upside surprise and helped lead... More
Wells Fargo Sees 75bps Hike Next Week Following Hot US Inflation Report
September 13, 2022 9:51 AM EDTWells Fargo Sees 75bps Hike Next Week Following Hot US Inflation Report
Analyst Sarah House comments "At this point, any slowdown in inflation is encouraging for the outlook. Declining gas prices and a modest slowing in food price inflation should help keep inflation expectations in check and boost consumer purchasing... More
