HomeMarketsU.S. Economy'All Eyes' on Friday's Jobs Report Ahead of Fed's Next Meeting

'All Eyes' on Friday's Jobs Report Ahead of Fed's Next Meeting

The Fed meets next week to discuss the potential for another rate cut after slashing 50BPS in September. Alonso Munoz notes pockets of weakness in inflation data, though a stronger-than-expected jobs report presents the case for a more moderate rate cut cycle. In terms of Mag 7 and Big Tech names, he examines their continuing role in bolstering market strength.

Trading 360

30 Oct 2024

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