Art Cashin: The stock market rebound could be even bigger if not for increasing Fed worries [CNBC]
Comcast Corporation - Class A (CMCSA)
Last comcast corporation - class a earnings: 4/30 07:00 am
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Source: CNBC
show chapters Wall Street concerns about unforeseen consequences from another Federal Reserve interest rate hike were keeping a lid on Tuesday's stock market rebound, according to veteran trader Art Cashin. Against the backdrop of higher rates, investors are very nervous about global economic growth slowing and uncertainty around the U.S. trade war with China, said the UBS director of floor operations at the New York Stock Exchange. They don't know how much built-in tolerance for rate hikes there are. This is more than the normal amount of nervousness, he added. Cashin appeared on CNBC's Squawk on the Street on Tuesday as the Dow Jones Industrial Average was up more than 1 percent in midday trading. He said the Dow appeared to be meeting intraday resistance at around 23,900. The Dow was bouncing off a two-session plunge of more than 4 percent amid fears that the Fed's path for higher rates could be too much for the economy and market to handl
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CMCSA
Earnings
- 4/25/24 - Beat
CMCSA
Sec Filings
- 4/25/24 - Form 10-Q
- 4/25/24 - Form 8-K
- 4/17/24 - Form 4
- CMCSA's page on the SEC website