Morning Flash Report For Wednesday, Sept 3
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In this video, Ira Epstein discusses the current state of the financial markets, highlighting a mixed performance with a rotation back into the Nasdaq and S&P despite September's reputation as a down month. He notes the potential for increased oil output from OPEC, which could impact energy markets, and emphasizes the importance of upcoming economic data, including the JOLTS report, in influencing Federal Reserve decisions on interest rates.
Epstein also mentions Macy's optimistic forward guidance amidst consumer pullback concerns, and a legal win for Google affecting its stock.
Video Length: 00:06:08
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