Although the market is calming, traders were still making moves in the final hours of trading Thursday. Market Domination’s Julie Hyman and Josh Lipton navigate the markets’ biggest stories and interview Wall Street’s top analysts and strategists.
Art Hogan, chief market strategist at B. Riley Wealth, highlights why the barbell approach may be the best investment strategy to navigate current market dynamics.
With U.S. retail sales up 0.4% in September, Mike Reed, U.S. economist at RBC Capital Markets, appeared on the show and said there was an “encouraging outlook” from consumer spending, price pressures and labor market strength. ” said about the signs.
George Gianarikas, managing director of Canaccord Genuity, cited the booming trend of big tech companies turning to nuclear energy providers to power their AI data centers, offering huge benefits to hyperscalers. It names NuScale Power (SMR) as a potential developer.
For more expert insights and analysis on the latest market trends, learn more about Market Domination here.
Other top trending stocks on the Yahoo Finance platform include Deere & Company (DE), Elevance Health (ELV), Blackstone (BX), Affirm (AFRM), Apple (AAPL), and Gold (GC=F). etc.
This post was written by Luke Carberry Mogan.
