Stocks Drop After Weak Jobs Report… And Oil Notches Worst Week In More Than A Year 9/6/24

This podcast episode delves into various economic trends and market reactions, featuring insights from EY chief economist Gregory Daco on a softening jobs market and anticipated Fed easing. The discussions highlight fears of a significant rate cut that spurred market sell-offs, the upcoming Apple product reveal, a sell-off in the semiconductor sector, and concerns in the crypto market. Additionally, the addition of new companies to the S&P 500, the influence of China's energy transition on oil prices, Oracle's upcoming earnings, the impact of NFL streaming on viewership, and final trading recommendations wrap up a comprehensive analysis of current fiscal shifts.

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CNBC's "Fast Money"

Wall Street's Growth Scare: Jobs Report Sparks Sell-Off

EY Economist on Jobs Market Softening, Fed Easing

Market Reaction to Jobs Report: Fear of 50 Basis Point Cut?

Apple's "Glow Time" Event: Expectations for iPhone Reveal

Chipmakers Stumble: Technical Take on NVIDIA, Semiconductors

Crypto Concern: Bitcoin Tumbles, Ether ETFs See Outflows

S&P 500 Shakeup: Palantir, Dell, Erie Indemnity Join Index

Crude Oil's Worst Week: China's Green Turn Hurts Black Oil

Oracle Earnings Preview: Cloud Business in Focus

NFL Streaming Wars: Peacock, Amazon, Netflix Enter the Game

Final Trades: NextEra Energy, Gold, Utilities, IOT

Stocks Drop After Weak Jobs Report… And Oil Notches Worst Week In More Than A Year 9/6/24

CNBC's "Fast Money"

00:00Wall Street's Growth Scare: Jobs Report Sparks Sell-Off

Wall Street's Growth Scare: Jobs Report Sparks Sell-Off

11:07EY Economist on Jobs Market Softening, Fed Easing

EY Economist on Jobs Market Softening, Fed Easing

14:21Market Reaction to Jobs Report: Fear of 50 Basis Point Cut?

Market Reaction to Jobs Report: Fear of 50 Basis Point Cut?

17:18Apple's "Glow Time" Event: Expectations for iPhone Reveal

Apple's "Glow Time" Event: Expectations for iPhone Reveal

22:15Chipmakers Stumble: Technical Take on NVIDIA, Semiconductors

Chipmakers Stumble: Technical Take on NVIDIA, Semiconductors

28:42Crypto Concern: Bitcoin Tumbles, Ether ETFs See Outflows

Crypto Concern: Bitcoin Tumbles, Ether ETFs See Outflows

30:22S&P 500 Shakeup: Palantir, Dell, Erie Indemnity Join Index

S&P 500 Shakeup: Palantir, Dell, Erie Indemnity Join Index

32:26Crude Oil's Worst Week: China's Green Turn Hurts Black Oil

Crude Oil's Worst Week: China's Green Turn Hurts Black Oil

38:48Oracle Earnings Preview: Cloud Business in Focus

Oracle Earnings Preview: Cloud Business in Focus

41:16NFL Streaming Wars: Peacock, Amazon, Netflix Enter the Game

NFL Streaming Wars: Peacock, Amazon, Netflix Enter the Game

46:15Final Trades: NextEra Energy, Gold, Utilities, IOT

Final Trades: NextEra Energy, Gold, Utilities, IOT