Blackrock Reider: I think the Fed should cut by 50 basis points next week

7 months ago 28

UNH soars on Medicare outlook; FCX drops on $53B copper merger. NBIS rockets on $19.4B MSFT deal. Markets flat on jobs data.

US jobs revised down 911K! Market fears faltering growth, eyes Fed rate cuts. Weak jobs data fuels rate cut bets.

China's green push could slash global fossil fuel use by 2030, but CO2 pollution remains a concern. Traders eye energy sector shifts.

Nasdaq hits record! Traders eye rate cuts amid economic jitters. Uber climbs, CVS slides.

Wall Street Journal

12m ago

LGIH drops 3.9% on neutral rating, revenue down 19.8%. Down 25.6% YTD, trading 47.6% below 52-week high.

Gold hits $3,600+! Up 38% YTD on Fed cut hopes & geopolitical risks. Analysts eye $4k next year.

XOM, COP, FANG surge on oil price gains & Trump's support. OPEC+ output hikes barely move the needle. Traders eye energy sector.

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