SPDR ETF Report For Wednesday, Sept 3
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In this video, Ira Epstein discusses the impact of the recent JOLTS report, which showed a decrease of 300,000 job offerings, causing stock market rallies and a drop in yields, aligning with the Federal Reserve's goals. He outlines the upcoming key job market data releases, including the Challenger Gray job cuts, ADP employment numbers, and the U.S. jobs report, which are expected to influence market movements.
Epstein also comments on market trends, noting mixed performances in indices like the Russell, Dow, S&P, and Nasdaq, and highlights movements in individual stocks such as Amazon (AMZN), Netflix (NFLX), Apple (AAPL), Home Depot (HD), and Tesla (TSLA). Additionally, he mentions significant gains in the gold market and provides insights into Zscaler's business and stock performance.
Video Length: 00:11:11
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