Howard Lutnick Sees Fed Making One Rate Cut Near Presidential Election [BNN Bloomberg (Canada)]
BGC Group, Inc. - Class A (BGC)
Last bgc group, inc. - class a earnings: 8/2 04:20 pm
Check Earnings Report
US:NYSE Investor Relations:
investor.generalcable.com/phoenix.zhtml?c=81254&p=irol-irhome
Company Research
Source: BNN Bloomberg
“I'm thinking September, and it's not really to move the economy — it's to show off a little bit,” Lutnick said in an interview Thursday with Bloomberg Television. “It's to help a little bit the guy who is employing you today. Maybe we'll give you your job again if he gets elected. One cut, that's it — just showing off.” Across Wall Street, analysts and investors are playing the guessing game of whether the Fed will cut rates by the end of the year and, if so, by how much. With inflation picking up, Fed officials — who were already expected to hold interest rates at a two-decade high when they meet next week — may face renewed pressure to further delay any cuts and even to consider whether borrowing costs are high enough. Read More: US Demand Is Still Resilient, Even If GDP Doesn't Show It In the wide-ranging interview, Lutnick also says he expects volatility in the markets to rise around September and October, ahead of the election, which he said is likely to be close. With un
Show less
Read more
Impact Snapshot
Event Time:
BGC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BGC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BGC alerts
High impacting BGC Group, Inc. - Class A news events
Weekly update
A roundup of the hottest topics
BGC
News
- Worsening Weather Is Igniting a $25 Billion Market [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Worsening Weather Is Igniting a $25 Billion Market [Yahoo! Finance Canada]Yahoo! Finance Canada
- Worsening Weather Is Igniting a $25 Billion Market [Yahoo! Finance]Yahoo! Finance
- Worsening Weather Is Igniting a $25 Billion Market [BNN Bloomberg (Canada)]BNN Bloomberg
- BGC Group First Quarter 2024 Earnings: EPS: US$0.10 (vs US$0.051 in 1Q 2023) [Yahoo! Finance]Yahoo! Finance
BGC
Earnings
- 5/1/24 - Miss
BGC
Sec Filings
- 4/30/24 - Form 8-K
- 4/30/24 - Form 8-K
- 4/26/24 - Form 10-K/A
- BGC's page on the SEC website