Reported 11 months ago
In this episode of Market Domination, hosts Julie Hyman and Josh Lipton discuss how consumer spending and the upcoming election are influencing the market movements. The S&P 500 and Nasdaq have snapped a three-day losing streak, with insights from Roundhill Investments CEO Dave Mazza on market trends and the dominance of mega-cap companies. The pharmaceutical industry's activities, including Moderna's RSV vaccine update and the proposal for Medicare to cover weight-loss drugs, are highlighted. Additionally, expert opinions on investment opportunities between Costco and McDonald's during weak consumer spending and discussions on how the commodity market may be impacted by different presidential administrations are shared.
Source: YAHOO