In This Article:
The Nasdaq Composite (^IXIC) and S&P 500 (^GSPC) are on track for record highs as the tech sector continues to make major gains. Nvidia (NVDA) has largely spearheaded the indexes’ growth, surpassing Microsoft (MSFT) as the most valuable US company. As all eyes are on the Federal Reserve’s first interest rate cut, the Swiss National Bank has initiated its second cut while inflation further cools. This move comes as Wall Street digests the latest US housing and initial jobless claims data. Yahoo Finance trending tickers include Super Micro Computer (SMCI), Dell (DELL), and SoundHound AI (SOUN).
Key guests include:
9:00 a.m. ET - Jake Manoukian, J.P. Morgan US Head of Investment Strategy
9:45 a.m. ET - Bill Pulte, Pulte Capital CEO
10:00 a.m ET - Christian Nolting, Deutsche Bank Private Bank Global Chief Investment Officer
10:45 a.m. ET - Kevin Mayer, Candle Media Co-CEO/Founder
11:45 a.m. ET - Doug Fry, Subway North America President