Wall Street is kicking off the fourth quarter after the Dow (^DJI) and S&P 500 (^GSPC) closed the last trading day of September at record levels. September is a historically weak month for U.S. stocks, but the market beat expectations thanks to a boost from the Federal Reserve’s interest rate decisions. Fed Chairman Jerome Powell suggested in a speech on Monday that the economy is on solid footing and there is no rush to cut interest rates. But with eastern and Gulf Coast longshoremen officially on strike, there could be significant ramifications for the world’s largest economy. Meanwhile, investors are digesting the latest JOLTS (Job Job Turnover Survey) and PMI (Purchasing Managers’ Index) data. Yahoo Finance’s trend tickers include Super Micro Computer (SMCI), Trump Media & Technology Group (DJT), and Zim Integrated Shipping Services (ZIM).
The main guests are:
9:00 AM ET – Bruce Chan, Stifel Transportation and Logistics Analyst
9:45 a.m. ET – John Gold, Vice President, Supply Chain and Customs Policy, National Retail Federation
10am ET – Chris Williamson, Chief Business Economist and Executive Director, S&P Global Market Intelligence
10:30 a.m. ET – Stamatis Tsantanis, CEO of Seanergy Maritime and CEO of United Maritime
10:45am ET – Hamid Akhavan, EchoStar President and CEO
11 a.m. ET – Port of Los Angeles Executive Director Gene Seroka
