Stocks are looking green and healthy (^DJI, ^IXIC, ^GSPC) entering Thursday’s final trading hour, spurred by July’s retail sales data and last week’s initial jobless claims reported this morning. Julie Hyman and Brian Sozzi cover the latest industry news and trending stock tickers in today’s Market Domination.
Mastercard Economics Institute chief economist Michelle Meyer reviews what retail earnings and sales data signify about the US consumer.
Regan Capital CIO Skyler Weinand and Morgan Stanley Investment Management senior fixed income portfolio manager Andrew Szczurowski join the program to discuss the prospects of investing in the bond market (^TYX, ^TNX, ^FVX) ahead of the Federal Reserve’s expected September interest rate cuts.
As mortgage rates remain at their lowest levels in over a year, National Association of Home Builders (NAHB) CEO Jim Tobin provides insights into the health of the housing market heading into the 2024 presidential election.
Other top trending stocks on the Yahoo Finance platform include Tapestry (TPR), Chinese e-commerce giants Alibaba (BABA) and JD.com (JD), and Walmart (WMT) after the retailer reported second quarter earnings this morning.
This post was written by Luke Carberry Mogan.