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-4.88571498366913E-05 -0.000252428607489757 -0.00202757171822454 -0.00201942885991842 -0.0026708575244082 -0.00142500020357146 -0.00424259203465599 -0.00587100083871425
Stock impact report

5 Growth Stocks to Buy for Steady Returns in May [Yahoo! Finance]

Netflix, Inc. (NFLX) 
Last netflix, inc. earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
Company Research Source: Yahoo! Finance
A sticky inflation rate, a resilient labor market and a significant decline in the U.S. GDP growth rate dented market participants' confidence in risky assets like equities. However, U.S. stock markets rebounded in early May as recently released economic data boosted market participants' confidence in equities. A sharp decline in April job additions, a notable deterioration of the U.S. GDP growth rate in first-quarter 2024, the contraction of manufacturing and services PMI in April and a less-than-hawkish statement by Fed Chair Jerome Powell after the May FOMC meeting raised expectations for an interest rate cut. Positive Catalysts Following the release of April's nonfarm payrolls, the CME FedWatch shows a 67.4% probability that the central bank will cut the benchmark lending rate by 25 basis points in the September FOMC meeting. The interest rate futures tool also shows a massive 91.5% probability that the Fed will cut the rate by 50 basis points. Furthermore, first-quarter 2 Show less Read more
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