19 min listen
SQUAWK BOX, WEDNESDAY 4TH OCTOBER, 2023
SQUAWK BOX, WEDNESDAY 4TH OCTOBER, 2023
ratings:
Length:
25 minutes
Released:
Oct 4, 2023
Format:
Podcast episode
Description
The Dow turns negative for the year as hot jobs data fuels speculation the Fed will keep rates higher for longer, while the 10-year yield hits its highest level since August 2007. Negative sentiment spills into Asia, sending major equity markets into the red with Japan's Nikkei dropping to a 4-month low. U.S. House Speaker Kevin McCarthy is ousted, putting the gavel up for grabs as he becomes the first lawmaker in history to be removed from the post. And Novartis officially spins off its generic drug division Sandoz today, in a move the Swiss pharma giant's CEO says will allow the firm to focus on its core business.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Oct 4, 2023
Format:
Podcast episode
Titles in the series (100)
SQUAWK BOX, TUESDAY 19TH MARCH, 2019 by Squawk Box Europe Express