5 min listen
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Length:
5 minutes
Released:
May 2, 2024
Format:
Podcast episode
Description
US equities finished solidly higher in Thursday trading, ending a bit off best levels. The simplest excuses for today's more optimistic tone are dovish takeaways from Powell's Fed comments yesterday and the lower-rate backdrop. Q1 productivity undershot expectations while unit labor costs up at a 4.7% SAAR (though up 1.8% across last four quarters).
Released:
May 2, 2024
Format:
Podcast episode
Titles in the series (20)
Evening Market Recap - Tuesday, 7-May by FactSet Evening Market Recap