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Fed Fears Overpower Chip Jump, Sending Stock Market Lower
Barrons.com21d agobullish
Fed Fears Overpower Chip Jump, Sending Stock Market Lower

Stocks slipped on Friday, as worries mounted that the Federal Reserve will hike rates later this month. Chip stocks were a bright spot with the PHLX Semiconductor Index rising 3.4%, but it wasn't enough to offset broader market weakness. Odds that the Fed will raise rates rose to 58% after the August jobs report was released Friday, according to the CME FedWatch tool.

Trump Says Stocks Should Be Up. Here's Why They're Not.
Barrons.com21d agoneutral
Trump Says Stocks Should Be Up. Here's Why They're Not.

Stocks were down after a strong jobs report—and U.S. President Trump took to Truth Social to weigh in. "We just got GREAT Numbers on Jobs, the Market should go UP, because our Credit and Economy are better but, as always, for the past 25 years, the Stock Market goes DOWN, because we're living under False Reality that if things are good, you've got to "KILL IT" because of a "fear" of Inflation," Trump said in a midday post. Friday afternoon, the S&P 500 and the Nasdaq Composite were each down 0.5%.

What's Moving Markets Today?
The Wall Street Journal21d agoneutral
What's Moving Markets Today?

The Dow Jones Industrial Average, S&P 500 and Nasdaq edged lower today as a strong August jobs report provided another datapoint for Federal Reserve policy expectations. Also, diesel prices hit a record high, and another retail brand, Lululemon Athletica, took an earnings hit.

4 Reasons Stocks Aren't Trading Even Lower
Barrons.com21d agoneutral
4 Reasons Stocks Aren't Trading Even Lower

Stocks were in the red on Friday, but they weren't that low given the scale of the jobs report strength relative to consensus estimates. Second, Federal Reserve Chairman Kevin Warsh has been clear that he's not putting too much weight in individual reports. Investors are likely shifting focus to next week's inflation reports.

You Can Take a Tesla Cybercab Later Today. The Stock Isn’t Feeling Any Excitement.
Barrons.com21d agoneutral
You Can Take a Tesla Cybercab Later Today. The Stock Isn’t Feeling Any Excitement.

The long-awaited public launch of the Cybercab has finally arrived but Tesla stock dropped after the company’s invite-only event on Thursday. Tesla teased a Cybercab event weeks ago, signaling the introduction of its purpose-built robo-taxis with no pedals or steering wheel. The launch took place and Tesla said Cybercab rides open to the public after the closing bell on Friday.

Stocks Tick Lower on Hot Jobs Report
Barrons.com21d agoneutral
Stocks Tick Lower on Hot Jobs Report

Stocks pulled back after the August jobs report came in stronger than expected. The S&P 500 fell 0.1%. The Dow Jones Industrial Average dropped 0.2%, or 119 points. The Nasdaq Composite was flat. Meanwhile, Treasury yields rose on the release.