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Weekly Market Recap - Friday, 10th May

Weekly Market Recap - Friday, 10th May

FromFactSet Evening Market Recap


Weekly Market Recap - Friday, 10th May

FromFactSet Evening Market Recap

ratings:
Length:
7 minutes
Released:
May 10, 2024
Format:
Podcast episode

Description

US equities ended higher this week and largely in waiting mode ahead of next week's CPI reading. Market navigated a largely catalyst-free trading period this week with depressed volumes as it waits for next week's April CPI reading. There were both bullish and bearish narratives throughout the week. With Friday's nonfarm payrolls report below consensus, this week's claims numbers further alleviated some concerns around the economy heating up rather than cooling.
Released:
May 10, 2024
Format:
Podcast episode

Titles in the series (20)

StreetAccount U.S. Evening Market Recap is FactSet's daily podcast aiming to capture the most material market moving news. With a target time of ~5 minutes, this is an ideal listen for those looking to stay connected to the most important themes driving the U.S. economy & corporations.