U.S. consumer sentiment slumps; inflation expectations edge up
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StreetInsider.com Top Tickers, 9/7/2026
- Wall Street ends lower as solid jobs data fuels hawkish Fed bets
- US nonfarm payrolls blow past expectations in August; unemployment rate steady at 4.1%
- BofA's Hartnett says stay long commodities and gold as 'policy panic' works
- Oil ends week higher on renewed US-Iran strikes, diesel hits record
- TikTok owner ByteDance said to secure $29.6bn loan for AI push
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JPMorgan sees equities squeezing higher into December
November 11, 2022 3:18 PM ESTIn a note to clients on Friday, JPMorgan analyst Narendra Singh said the firm sees equities continuing to squeeze higher into December.
"Inflation has been the key downside driver of equity performance YTD as CPI has exceeded expectations in the last six quarters and often by a large margin," wrote Singh, who added that while forward earnings will likely remain under... More
