Shares rise, dollar flat ahead of key U.S. inflation data
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StreetInsider.com Top Tickers, 6/12/2026
- US stocks close down as oil spikes 12%, job market weakens
- U.S. nonfarm payroll employment unexpectedly falls in February
- Oracle stock falls on report of scrapped Texas data center plans
- Kuwait cuts oil output as storage fills up
- Boeing reportedly nearing 500-aircraft deal with China ahead of Trump visit
- After-hours movers: Marvell, Samsara, GAP, Cooper Cos.
- After-hours movers: Broadcom, StubHub, Cracker Barrel, Grocery Outlet, Veeva Systems and more
- After-hours movers: Moderna, CrowdStrike, Ross Stores, Box and more
- After-hours movers: MongoDB, Credo, SoFi Technologies and more
- After-hours movers: Dell, Block, CoreWeave, Autodesk, MARA and more
Stocks 'set to weaken for the remainder of the year,' says JPMorgan's Kolanovic
May 8, 2023 2:25 PM UTCStocks are set to weaken for the remainder of the year, JPMorgan analyst Marko Kolanovic claimed in a note Monday.
The analyst explained that last week and during the March Fed press conference, risk markets were holding up well until the Fed Chair indicated that he does not foresee cutting rates this year.
He stated that there are several reasons for the stance, including leadership turning defensive, the consensus view that the worst of pressures is behind us will likely be proven wrong, the fact that we... More
JPMorgan Strategist Marko Kolanovic: 'stocks are set to weaken for the remainder of the year'
May 8, 2023 12:47 PM UTCJPMorgan Strategist Marko Kolanovic: "stocks are set to weaken for the remainder of the year"
The strategist comments "Leadership is turning Defensive and we think this rotation continues into/around the last hike on the back of our view that US bond yields will be flat/down,... More
