Stocks Settle Lower on Weakness in Chip Stocks and Miners
View original at nasdaq.comStocks Settle Lower on Weakness in Chip Stocks and Miners The S&P 500 Index ($SPX) (SPY) on Friday closed down -0.43%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.36%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.28%…
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President Trump reached tentative deal with Senate Democrats to avert government shutdown, funding Homeland Security for two weeks
80% confidenceMonetary policy is still restricting economic activity and further easing is needed
80% confidenceCompany expects Q1 2026 adjusted EBITDA to be lower than Q4 2025 levels
80% confidenceIt would take 72 hours for the House to vote on the shutdown measure
80% confidenceKevin Warsh often emphasized inflation risks during his tenure as Fed Governor from 2006-2011 and is seen as less supportive of deep interest rate cuts
80% confidenceWith inflation above target and risks evenly balanced, it would be unadvisable to lower the fed funds rate into accommodative territory at this time
80% confidenceS&P earnings growth expected to climb by +8.4% in Q4, with earnings excluding Magnificent Seven expected to increase by +4.6%
80% confidence