Unimpressed. | MarketTalk: What’s up today? | Swissquote

Show notes

We had good news, bad news and news that are fundamentally good for the economy and bad for the global rate cut expectations.
The European economies performed better than expected last quarter, but we see an uptick in latest inflation metrics. The US companies announce more layoffs, but the job openings increased in December.
The Federal Reserve (Fed) will announce its latest decision today as investors will be hunting for clues about the timing of the first rate cut.
In the corporate space, Microsoft released its latest quarterly results after the bell yesterday. Both earnings and revenue were better than expected but Microsoft stocks fell up to 2% in the afterhours trading because the company gave a light quarterly outlook. Google fell almost 6% and AMD fell more than 6% in the afterhours trading after their results failed to match expectations.
Is this the beginning of profit-taking and correction? Could be.
Listen to find out more!