October 8, 2024
Stocks under pressure, Trump Media shares soar: Yahoo Finance #NewsUnitedStates

Stocks under pressure, Trump Media shares soar: Yahoo Finance #NewsUnitedStates

CashNews.co

The major stock market indexes (^DJI, ^IXIC, ^GSPC) are trading lower on Monday. Following last week’s better-than-expected jobs report, the market is questioning the Federal Reserve’s rate cut path.

Trump Media & Technology Group (DJT, DJTWW) shares are climbing after the former president held a rally alongside Tesla (TSLA) CEO Elon Musk in Butler, Pennsylvania, the site of the assassination attempt on Trump’s life.

Chipmaker stocks, like Nvidia (NVDA) and Super Micro Computer (SMCI), are among Yahoo Finance’s top trending tickers.

Key guests include:
3:10 p.m. ET – Torsten Sløk, Apollo Global Management Chief Economist
3:30 p.m. ET – Anthony Crowdell, Mizuho Americas Managing Director and Senior Analyst, Utilities
3:50 p.m. ET – Devin Ryan, Citizens JMP Director of Financial Technology Research
4:00 p.m. ET – Nancy Tengler, Laffer Tengler Investments CEO and CIO
4:15 p.m. ET – Maya MacGuineas, Bipartisan Committee for a Responsible Federal Budget President

Editor’s note: Apollo Global Management is the majority owner of Yahoo, Yahoo Finance’s parent company

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