S&P 500, Dow, Nasdaq post largest weekly percentage loss in years after weak jobs data [Yahoo! Finance]
MDB Capital Holdings, LLC - Class A common (MDBH)
Company Research
Source: Yahoo! Finance
report kept investors questioning how much the Federal Reserve would lower interest rates in coming weeks. For the week, the S&P 500 lost 4.25% and the Dow fell 2.93%. Both were their largest weekly percentage losses since March 2023. The Nasdaq declined 5.77% for the week, which was the biggest weekly percentage loss since January 2022. U.S. employers added a disappointing 142,000 jobs in August, below Bloomberg's consensus estimate of 163,000 jobs. July was revised down to 89,000, also below estimates. The unemployment rate edged down to 4.2% from July's 4.3%. Slowing jobs growth confirms that the economy is weakening, which almost ensures the Fed will cut rates when it concludes its policy meeting on September 18. However, it also may suggest the Fed's rate cuts may be too late for the economy to achieve a soft landing , said Lou Basenese, president and chief market strategist at MDB Capital in New York. "If we start seeing layoffs in the next month or two, it's going to su
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News
- MDB Capital Holdings Provides Third Quarter 2024 Update [Yahoo! Finance]Yahoo! Finance
- MDB Capital Holdings Provides Third Quarter 2024 UpdateGlobeNewswire
- MDB Capital Holdings to Host Third Quarter 2024 Results Conference Call on Thursday November 21, 2024, at 4:30 p.m. Eastern Time [Yahoo! Finance]Yahoo! Finance
- MDB Capital Holdings to Host Third Quarter 2024 Results Conference Call on Thursday November 21, 2024, at 4:30 p.m. Eastern TimeGlobeNewswire
- Invizyne Technologies Announces Closing of Initial Public Offering [Yahoo! Finance]Yahoo! Finance
MDBH
Sec Filings
- 11/22/24 - Form 144
- 11/12/24 - Form 10-Q
- 10/28/24 - Form DEF
- MDBH's page on the SEC website