close
close

Tanco Holdings Berhad (2429.KL) Aktuelle Nachrichten und Schlagzeilen zu Aktien – Yahoo Finanzen

PMI, Congress prevents shutdown, Big Tech moves: catalysts

U.S. stocks (^DJI, ^IXIC, ^GSPC) are roughly flat as investors adjust to last week’s rate cuts. Madison Mills and Seana Smith sit down with top Wall Street and economics experts to give viewers an overview of the factors driving the market. The Yahoo Finance anchors, joined by Citi economist Veronica Clark, analyze the September Purchasing Managers’ Index (PMI) report amid macro uncertainty as the Federal Reserve mulls additional rate cuts. Chinese officials are set to hold a press conference on Tuesday, which could offer insight into the state of the Chinese economy as the Biden administration proposes bans on Chinese and Russian auto parts. In the U.S., Congress reached a deal on Oct. 1 to avert a government shutdown. The new agreement expires on Dec. 20. Microsoft (MSFT), along with luxury brands such as LVMH (MC.PA), Kering (KER.PA) and Hugo Boss (BOSS.DE), and defensive stocks including healthcare (XLV) and utilities (XLU) were in focus following analyst calls. The Catalysts team also covers technology stocks, including some of the “Magnificent Seven” names such as Tesla (TSLA) and Amazon (AMZN). This post was written by Naomi Buchanan.