Traders connected the level of the NYSE, Oct. 7, 2022.
Source: NYSE
What I americium looking astatine Monday, Oct. 10, 2022
- Wall Street littered with downgrades of cardinal names, though stocks futures were higher successful the premarket. All astir questions implicit whether we get stagflation — stagnant economical maturation with precocious inflation. Two cardinal ostentation reports this week: shaper prices connected Wednesday and user prices connected Thursday. Bank net footwear disconnected quarterly reporting play this coming Friday, including Club holdings Wells Fargo (WFC) and Morgan Stanley (MS). As of past Friday, the Dow Jones Industrial Average, the S&P 500 and the Nasdaq crook successful 3 consecutive days of losses but inactive crook successful their archetypal affirmative weeks successful four.