Exchange-traded funds that buy long-term bonds deepened losses on Friday, as investors weighed a U.S. jobs report that was much stronger than Wall Street anticipated.
The Ratings Game: PayPal’s stock has ‘catalysts aplenty’ — but this analyst still feels cautious
TD Cowen analyst Bryan Bergin sees “catalysts aplenty” for PayPal — but he also sees the stock as a “show-me” story, at least in the near term.
Lawrence G. McMillan: Stock market is oversold — but investors don’t believe it yet
S&P 500 is in a defined downtrend and this mandates a core bearish stance.
: How to protect yourself as tumbling bond prices and rising yields pressure stocks
Also, how you can prepare for eldercare as the money runs out, how to take advantage of high interest rates and difficult problem solving by the Moneyist.
Market Extra: U.S. stocks staged a surprising rally on Friday. But can the party last?
U.S. stocks posted a huge turnaround on Friday after a monthly jobs report came in strong. Aren’t investors worried about higher rates wrecking the U.S. economy anymore?
The Ratings Game: Netflix is ‘easily the best streamer’ — but that doesn’t make it a great stock, says Bernstein
Netflix has become the media equivalent of a utility, according to Bernstein. But that doesn’t mean its stock is a winner.
Market Extra: ‘Blowout’ jobs report has some investors leaning toward another Fed rate hike on Nov. 1
September’s official jobs report shocks Wall Street, prompting traders to consider a greater chance of another hike by the Fed in less than four weeks.
Commodities Corner: Here are the commodities that bucked the week’s downtrend in the sector
Commodities have suffered overall declines for the week, pressured by worries over the economy and demand outlook, but natural gas, frozen orange juice, and wheat futures score impressive gains for the week.
Key Words: Ray Dalio calls McCarthy’s ouster ‘another step away from democracy and toward civil war’
The ousting of Kevin McCarthy as House speaker underlines hardening partisan conflict and marks a step toward civil war, says billionaire investor Ray Dalio.
Economic Report: U.S. consumer credit posts biggest drop since pandemic as student-loan payments resume
The amount of credit U.S. consumers used in August recorded the biggest decline since the early stages of the pandemic in 2020.
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