Refinitiv Newscasts - U.S. Day Ahead: techs tick up on hopes of less aggressive Fed after weak PMI data

Oppenheimer Holdings

23/08/2022 21:02

Click the following link to watch video: https://share.newscasts.refinitiv.com/link?entryId=1_9561xetl&referenceId=1_9561xetl&pageId=RefinitivNewscasts
Source: Reuters

Description: Weak PMI data boosted hopes that Federal Reserve monetary policy
could be dialed back a touch, that in turn boosting sentiment around big tech
even as other sectors sagged. Durable goods orders will provide the next data
point, and investors are also bracing for Jerome Powell's speech at Jackson
Hole on Friday. 
Short Link: https://refini.tv/3TaQpGt

Video Transcript:

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