Why Tomorrow Could Be a Big Day for the Stock Market -- And the U.S. Presidential Election [Yahoo! Finance]
Goldman Sachs Group, Inc. (The) (GS)
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Source: Yahoo! Finance
will end on Nov. 7 potentially with another interest rate cut. The party that wins the presidency and congress could dramatically shape policies impacting the market and the regulatory landscape for certain sectors. Meanwhile, lower interest rates have been a key theme driving the stock market, so investors are likely hoping that the Fed keeps lowering interest rates. But before this happens, new economic data will come out tomorrow that could move the stock market significantly and impact the U.S. presidential race. Here's why tomorrow could be a big day. At 8:30 a.m. on Nov. 1, the U.S. Bureau of Labor Statistics will release October data for U.S. nonfarm payrolls, or the "jobs report." The jobs report is a snapshot of the U.S. labor market for the prior month and shows the number of jobs the U.S. economy added, the unemployment rate, and other important metrics like monthly wage growth. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sig
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Earnings
- 10/16/24 - Beat
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Sec Filings
- 10/31/24 - Form 424B2
- 10/31/24 - Form 424B2
- 10/31/24 - Form 424B2
- GS's page on the SEC website