All three major indexes (^DJI, ^IXIC, ^GSPC) are down after manufacturing and initial jobless claims came in weaker than expected, raising concerns that the Federal Reserve has kept interest rates tight for too long and a recession is on the horizon. Also on Wall Street’s radar will be the quarterly results of Magnificent Seven members Apple (AAPL) and Amazon (AMZN).
Investors will also receive reports from Intel (INTC), Snap (SNAP) and Coinbase (COIN) after the market close. Trending stocks on Yahoo Finance include Meta Platforms (META), Arm Holdings (ARM) and Moderna (MRNA).
The featured guests are:
3:05 PM ET – Michael Kantrowitz, Chief Investment Strategist, Piper Sandler
3:20pm ET – Etsy CEO Josh Silverman
3:30 PM ET – Secretary of Transportation Pete Buttigieg
4:10 PM ET – Nick Jones, Citizens JMP Equity Research Analyst
4:30 PM ET – Tom Forte, Managing Director and Senior Consumer Internet Analyst, Maxim Group
4:45 PM ET – Mark Palmer, Benchmark Managing Director and Senior Research Analyst – Fintech and Digital Assets