Reported about 1 year ago
Wall Street and real estate investors are anticipating lower interest rates due to economic slowdown signals, yet strong job growth data have postponed rate-cut expectations. Federal Reserve's upcoming meeting is the highlight, with debates on inflation trends, Nvidia's stock split, and Elon Musk's pay at Tesla. Furthermore, attention is on key inflation reports, Consumer Price Index and Producer Price Index, alongside Apple's potential AI announcements and Nvidia's significant stock split. Earnings from Oracle, Gamestop, Broadcom, and Adobe are lined up, as Tesla's shareholders will vote on Elon Musk's hefty pay package and corporate re-incorporation. Amidst market uncertainties, bond auctions and potential yield movements indicate essential economic insights.
Source: YAHOO