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Stock impact report

Wall Street Rebounds as Rate Cut Hopes Rise: 5 Stocks to Buy [Yahoo! Finance]

PlayAGS, Inc. (AGS) 
Last playags, inc. earnings: 3/4 04:12 pm Check Earnings Report
US:NYSE Investor Relations: investors.playags.com
Company Research Source: Yahoo! Finance
of companies after a weak jobs report last week reignited fears that the economy might slip into a recession as higher interest rates continue to hurt industries and consumers. One week down the line, the situation appears to be stabilizing as fresh data showed that jobless claims declined more than expected. Following the release of the report, all three major indexes rebounded, with the S&P 500 and Nasdaq recording their best days since November 2022. The S&P 500 jumped 119.81 points or 2.2% to close at 5,319.31, while the Nasdaq rose 464.22 points or 2.9% to finish at 16,660.02. The Dow Jones Industrial Average gained 683.04 points, or 1.8%, to end at 39,446.49. Fears of an impending recession were ignited last week after data showed that only 179,000 jobs were added in July, while the unemployment rate peaked at 4.3%. Investors felt that the Federal Reserve may have held interest rates higher for too long, which has started taking its toll on the economy. The Fed raised in Show less Read more
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