{"id":111527,"date":"2024-10-07T20:12:59","date_gmt":"2024-10-07T13:12:59","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=111527"},"modified":"2024-10-07T20:12:59","modified_gmt":"2024-10-07T13:12:59","slug":"dow-futures-slip-with-stocks-in-retreat-as-investors-rethink-rate-cut-bets","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=111527","title":{"rendered":"Dow futures slip with stocks in retreat as investors rethink rate-cut bets"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div>\n<p>US stock futures retreated on Monday as investors overhauled their views on interest-rate cuts after a blowout jobs report, ahead of a week of key inflation data and the start of earnings season.<\/p>\n<p>Dow Jones Industrial Average futures (<a data-i13n=\"cpos:1;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/YM%3DF\" data-ylk=\"slk:YM=F;cpos:1;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">YM=F<\/a>) fell 0.4% after notching a fresh record high as <a data-i13n=\"cpos:2;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/live\/stock-market-today-dow-leaps-to-record-stocks-recoup-weekly-losses-after-jobs-report-blowout-200121389.html\" data-ylk=\"slk:stocks soared to close the week;cpos:2;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">stocks soared to close the week<\/a>. S&amp;P 500 futures (<a data-i13n=\"cpos:3;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/ES%3DF\" data-ylk=\"slk:ES=F;cpos:3;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">ES=F<\/a>) shed roughly 0.5%, while contracts on the tech-heavy Nasdaq 100 (<a data-i13n=\"cpos:4;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/NQ%3DF\" data-ylk=\"slk:NQ=F;cpos:4;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">NQ=F<\/a>) led the losses with a 0.6% drop.<\/p>\n<p>Hopes for an outsized rate cut from the Federal Reserve <a data-i13n=\"cpos:5;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/chart-of-the-week-the-jobs-reports-instant-expectations-shift-100022366.html\" data-ylk=\"slk:have melted away;cpos:5;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">have melted away<\/a> after a better-than-expected <a data-i13n=\"cpos:6;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/us-jobs-report-crushes-expectations-as-economy-adds-254000-jobs-unemployment-rate-falls-to-41-131017848.html\" data-ylk=\"slk:September jobs report;cpos:6;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">September jobs report<\/a> dispelled concerns about cracks in the labor market. The benchmark 10-year Treasury yield (<a data-i13n=\"cpos:7;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/%5ETNX\" data-ylk=\"slk:^TNX;cpos:7;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">^TNX<\/a>) <a data-i13n=\"cpos:8;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/key-us-yields-near-4-074137831.html\" data-ylk=\"slk:hit 4% for the first time since August;cpos:8;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">hit 4% for the first time since August<\/a> amid doubts about the Fed&#8217;s next move.<\/p>\n<p><em>Read more: <\/em><a data-i13n=\"cpos:9;pos:1\" href=\"https:\/\/finance.yahoo.com\/personal-finance\/what-a-fed-rate-cut-would-mean-for-bank-accounts-cds-loans-and-credit-cards-183320880.html\" data-ylk=\"slk:What the Fed rate cut means for bank accounts, CDs, loans, and credit cards;cpos:9;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\"><em>What the Fed rate cut means for bank accounts, CDs, loans, and credit cards<\/em><\/a><\/p>\n<p>Traders have abandoned last week&#8217;s bets on a 0.50% rate cut in November and now see an 88% chance of a 0.25% move, according to the <a data-i13n=\"cpos:10;pos:1\" href=\"https:\/\/www.cmegroup.com\/markets\/interest-rates\/cme-fedwatch-tool.html\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:CME FedWatch Tool;cpos:10;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">CME FedWatch Tool<\/a>. Those expectations could drag on stocks, which have rallied to records amid confidence that big rate cuts and an economic &#8220;soft landing&#8221; were on the table.<\/p>\n<p>The wait is now on for the <a data-i13n=\"cpos:11;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/inflation-update-and-the-start-of-q3-earnings-what-to-know-this-week-113444268.html\" data-ylk=\"slk:October consumer inflation report;cpos:11;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">October consumer inflation report<\/a> due Thursday to provide fresh insight into whether the Fed is making progress on bringing already-cooling price pressures down to its 2% target.<\/p>\n<p>The start of third-quarter earnings is in focus as Goldman Sachs (<a data-i13n=\"cpos:12;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/GS\" data-ylk=\"slk:GS;cpos:12;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">GS<\/a>) <a data-i13n=\"cpos:13;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/goldman-sachs-lifts-p-500-091613715.html\" data-ylk=\"slk:raised its target for the S&amp;P 500;cpos:13;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">raised its target for the S&amp;P 500<\/a> (<a data-i13n=\"cpos:14;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/%5EGSPC\" data-ylk=\"slk:^GSPC;cpos:14;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">^GSPC<\/a>), saying it expects higher margin growth for corporate companies. After Pepsi (<a data-i13n=\"cpos:15;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/PEP\" data-ylk=\"slk:PEP;cpos:15;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">PEP<\/a>) results on Thursday, the season gets underway in earnest on Friday with reports from big banks JPMorgan (<a data-i13n=\"cpos:16;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/JPM?p=JPM&amp;.tsrc=fin-srch\" data-ylk=\"slk:JPM;cpos:16;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">JPM<\/a>), Wells Fargo (<a data-i13n=\"cpos:17;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/WFC\" data-ylk=\"slk:WFC;cpos:17;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">WFC<\/a>), and BlackRock (<a data-i13n=\"cpos:18;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/BLK\" data-ylk=\"slk:BLK;cpos:18;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">BLK<\/a>).<\/p>\n<div class=\"caas-liveblog\" data-id=\"16ca9f53-5170-4b5e-a1f1-a4f959a1fbc9\" data-count=\"20\" data-polling-enabled=\"1\" data-maxfailureallowed=\"3\" data-postid-first=\"465bcca2-1dbb-4cb8-b781-75bfac842b57\" data-postid-last=\"465bcca2-1dbb-4cb8-b781-75bfac842b57\" data-pagination-first-uuid=\"465bcca2-1dbb-4cb8-b781-75bfac842b57\" data-pagination-last-uuid=\"465bcca2-1dbb-4cb8-b781-75bfac842b57\" data-refresh-delay=\"60000\" data-share-post-enabled=\"0\" data-share-url=\"https:\/\/finance.yahoo.com\/news\/live\/stock-market-today-dow-futures-slip-with-stocks-in-retreat-as-investors-rethink-rate-cut-bets-110853082.html\" data-fetchby=\"older\" data-imagelightboxminimumwidth=\"700\" data-site=\"finance\" data-appid=\"finance_web\" data-region=\"US\" data-article-uuid=\"6b269975-9b30-4e61-875b-92033b02f694\">\n<p><span class=\"caas-live-blog-section-badge isLive\" data-islive=\"1\">Live<\/span><span class=\"caas-live-blog-section-badge-count\">1 update<\/span><\/p>\n<ul class=\"caas-liveblog-list\">\n<li class=\"caas-liveblogpost\" data-id=\"465bcca2-1dbb-4cb8-b781-75bfac842b57\" id=\"465bcca2-1dbb-4cb8-b781-75bfac842b57\" data-lmt=\"{\" utc=\"\" oct=\"\" gmt=\"\" october=\"\" at=\"\" am=\"\" mst=\"\">\n<div class=\"liveblogposts-post\">\n<div class=\"post\">\n<div class=\"timeline-point  with-author-name\"><img decoding=\"async\" class=\"avatar\" src=\"https:\/\/s.yimg.com\/os\/creatr-uploaded-images\/2024-09\/fac61620-778b-11ef-9fff-b9b1b2108597\"\/><\/div>\n<div class=\"timestamp-byline\"><time class=\"timestamp-most-recent liveblogpost-relative-time\" data-timestamp=\"1728304736000\">Mon, October 7, 2024 at 5:38 AM MST<\/time><\/div>\n<\/div>\n<div class=\"content-wrapper  with-author-name\">\n<div class=\"content-body\">\n<div class=\"content-block  with-author-name\">\n<h2 class=\"headline\">Pfizer stock jumps on reports of Starboard taking $1 billion stake<\/h2>\n<div class=\"body\">\n<p>Pfizer (<a data-i13n=\"cpos:1;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/PFE\" data-ylk=\"slk:PFE;cpos:1;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">PFE<\/a>) stock rose 2.6% pre-market Monday, as investors reacted to <a data-i13n=\"cpos:2;pos:1\" href=\"https:\/\/www.wsj.com\/health\/pharma\/activist-starboard-value-takes-1-billion-stake-in-pfizer-89591cb6\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:multiple;cpos:2;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">multiple<\/a> <a data-i13n=\"cpos:3;pos:1\" href=\"https:\/\/www.cnbc.com\/2024\/10\/07\/starboard-value-has-1-billion-pfizer-stake-taps-former-exec-for-help.html\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:media;cpos:3;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">media<\/a> <a data-i13n=\"cpos:4;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/activist-starboard-value-takes-1-005723512.html?fr=sycsrp_catchall\" data-ylk=\"slk:reports;cpos:4;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">reports<\/a> that activist investor Starboard Value has taken a $1 billion stake in the pharmaceutical giant.<\/p>\n<p>Starboard has approached Pfizer executives Ian Rand and Frank D&#8217;Amelio about helping turn the tides at the drugmaker, various media outlets reported, citing unnamed sources. Pfizer, the manufacturer of the world&#8217;s first-approved COVID-19 vaccine, has struggled to maintain its dominance post-pandemic. Rand and D&#8217;Amelio expressed interest in assisting Starboard, The Wall Street Journal reported. Starboard&#8217;s plans and the changes it would make at Pfizer are unclear.<\/p>\n<p>The stock&#8217;s moves early Monday morning will bring it into the positive for the year, but shares are far below record highs near $60 in 2022.<\/p>\n<p>Pfizer is set to report earnings on October 29. Wall Street analysts expect the company to report revenues of $14.8 billion, up about 12% from the prior year. Only half of analysts covering the stock recommend buying it, according to Bloomberg data.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/finance.yahoo.com\/news\/live\/stock-market-today-dow-futures-slip-with-stocks-in-retreat-as-investors-rethink-rate-cut-bets-110853082.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>US stock futures retreated on Monday as investors overhauled their views on interest-rate cuts after a blowout jobs report, ahead of a week of key inflation data and the start &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=111527\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-111527","post","type-post","status-publish","format-standard","hentry","category-business","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/111527","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=111527"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/111527\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=111527"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=111527"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=111527"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}