5 things to know before the stock market opens Thursday
Publishing timestamp: 2024-05-02 07:26:31
Summary
Fed Chair Powell said rate hike is unlikely, Google laid off workers, fast-food chains seeing consumer pullback, Peloton CEO stepping down and company laying off employees.
Sentiment: MIXED
Tickers: YUM, SBUX, PTON, GOOGL, .IXIC, .DJI, MCD, .SPX,
Keywords: peloton interactive inc, investment strategy, markets, jerome powell, alphabet inc, dow jones industrial average, nasdaq composite, barry mccarthy, jennifer elias, yum! brands inc, business news, s&p 500 index, prices, starbucks corp, economy, business, mcdonald's corp,
Source: https://www.cnbc.com/2024/05/02/5-things-to-know-before-the-stock-market-opens-thursday-may-2.html