Investors will get a slight reprieve next week as Wall Street gets ready to close the books Tuesday on a pretty dismal month.
Worries about high inflation continue to weigh on investors’ minds, as hotter-than-expected data this week showed the stubbornness of lofty prices.
The update comes a day after Ford confirmed production of the F-150 Lightning had been suspended over a potential battery issue.
Jim Cramer gave his take on companies set to report earnings next week including Coca-Cola, Airbnb and DraftKings.
Yahoo will lay off more than 20% of staff, or around 1,600 workers, with the company’s Yahoo for Business being slashed in half, the company said.
Market moves suggest we could be in the early days of a new bull market, particularly if Fed Chair Jerome Powell is able to engineer a soft landing.
Southwest is sending its operating chief, but not its CEO, to the Senate Commerce committee hearing.
Jim Cramer also gave his thoughts on companies slated to report earnings next week, including Disney, Tyson Foods, PepsiCo and more.
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