Recession outlook, tech trade, Zoetis CFO: Market Domination
US equities (^DJI, ^IXIC, ^GSPC) are holding on tightly to Tuesday gains in their recovery from the widespread sell-off that kicked off the trading week. Market Domination hosts Julie Hyman and Josh Lipton guide investors through the final trading hour of Tuesday, August 6, talking to top economic minds and leading Wall Street experts. Rosenberg Research founder and president David Rosenberg discusses why he believes a recession is "not too far away" after the stock market reacted the way it did after last week's July jobs report. As part of today's installment of Good Buy or Goodbye, Thornburg Investment Management portfolio manager Emily Leveille lays out the arguments for her latest stock trades: buy Globant (GLOB), but avoid LVMH (MC.PA). Zoetis (ZTS) CFO Wetteny Joseph joins the Market Domination team to talk about the pet health company's latest earnings and how pet owners are choosing to spend for animal healthcare costs. Other top trending stocks on the Yahoo Finance platform include Kenvue (KVUE), SunPower (SPWR), and Lumen Technologies (LUMN) This post was written by Luke Carberry Mogan.
