CNBC Daily Open: Hopes sink for March rate cuts
Publishing timestamp: 2024-02-01 02:34:47
Summary
Hang Seng and Kospi markets were higher, Paytm shares fell after regulator's order, U.S. companies finding it tougher to be profitable in China, Qualcomm's earnings topped estimates, Jefferies' top stock picks include Alibaba and ASML, Federal Reserve Chair Powell stated rate cuts aren't coming soon, major indexes tanked on the news, attention turns to Friday's jobs report.
Sentiment: MIXED
Tickers: NDAQ, LMT, IRBT, NFLX, ALK, .IXIC, WWE, MSFT, CME, MMM, GOOGL, DIS, DHI, .DJI, BA, APX-AU, .SPX, TSLA, VZ, META, QCOM, AAPL, CTRN,
Keywords: boeing co, verizon communications inc, markets, economic events, walt disney co, prices, s&p 500 index, qualcomm inc, janet yellen, tesla inc, microsoft corp, cme group inc, beijing, india, donald trump, business news, christine lagarde, apple inc, citi trends inc, meta platforms inc, jerome powell, united states, joe biden, iphone, irobot corp, alphabet inc, iran, iraq, dow jones industrial average, dr horton inc, saudi arabia, appen ltd, alaska air group inc, netflix inc, earnings, nikki haley, nasdaq composite, nasdaq inc, world wrestling entertainment inc, lockheed martin corp, taiwan, world markets, china, elon musk, 3m co,
Source: https://www.cnbc.com/2024/02/01/cnbc-daily-open-hopes-sink-for-march-rate-cuts.html