CNBC Daily Open: Wall Street rattled over Fed worries
Publishing timestamp: 2024-02-05 19:46:28
Summary
The article discusses the retreat of U.S. stocks and the rise in Treasury yields due to concerns about the Federal Reserve's rate cuts. It also mentions a supply crunch in the oil market, the surge in Palantir's stock after positive revenue results, the potential impact of higher shipping costs on inflation, and the attractiveness of the banking sector. The article concludes by mentioning upcoming Fed speakers who may provide more insight on rate cuts.
Sentiment: MIXED
Tickers: F, DHI, META, NFLX, .KS11, APX-AU, .SPX, OXY, AAPL, GOOGL, PLTR, .DJI, IRBT, MCD, .IXIC, MMM, ALK, BA, TSLA, US10Y, WWE, CTRN, NDAQ, MSFT, AMZN, VZ, QCOM, DIS, LMT, CME,
Keywords: netflix inc, alphabet inc, meta platforms inc, markets, dr horton inc, beijing, cme group inc, appen ltd, apple inc, s&p 500 index, verizon communications inc, irobot corp, qualcomm inc, iran, world markets, occidental petroleum corp, earnings, janet yellen, dow jones industrial average, nasdaq inc, jerome powell, amazon.com inc, personnel, saudi arabia, kospi index, lockheed martin corp, world wrestling entertainment inc, ford motor co, south korea, donald trump, united states, labor economy, palantir technologies inc, elon musk, boeing co, business news, nikki haley, u.s. 10 year treasury, tesla inc, india, taiwan, china, iphone, joe biden, mcdonald's corp, microsoft corp, nasdaq composite, walt disney co, prices, 3m co, alaska air group inc, christine lagarde, iraq, economic events, citi trends inc,
Source: https://www.cnbc.com/2024/02/06/cnbc-daily-open-wall-street-rattled-over-fed-worries.html