Only 20% Probability Of A November Fed Rate Hike

Dip buying is likely driven by a near-washout in shorter-term breadth, notes Liz Ann Sonders. She and Cooper Howard discuss expectations for tomorrow’s jobs report. They monitor recent trends in yields. They go over the takeaways from this week’s Fed speak. Liz Ann highlights that there is currently a 20% probability of a November Fed rate hike. They then go over how stocks are mixed heading into the close. Tune in to find out more about the stock market today.

Market On Close

05 Oct 2023

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