Futures inch up in anticipation of economic data, Fed meeting minutes [Yahoo! Finance Canada]
Paramount Global - Class A (PARAA)
Company Research
Source: Yahoo! Finance Canada
of economic data, along with minutes from the Federal Reserve's June policy meeting. The equity market will close early on Wednesday and stay shut on Thursday on account of U.S. Independence Day, keeping trading volumes thin throughout the week. Reports on ADP National Employment and weekly jobless claims are due before the opening bell, a day after data showed higher U.S. job openings as well as layoffs in May. This also comes ahead of Friday's closely watched non-farm payrolls data. "Our view remains that we should see a slowing down of the employment data over the coming months. If employment slows and the disinflation trend is intact, Fed will deliver a September rate cut," Jefferies chief Europe economist Mohit Kumar wrote. ADVERTISEMENT Market participants see a 65% chance of the first rate cut in September, and around two cuts by year end, as per LSEG's FedWatch data. The other data points on the watch list include factory orders and services PMIs after markets open
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PARAA
News
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- So the Paramount and Skydance deal is back on track. What happened and what's next? [Los Angeles Times (CA)]Los Angeles Times
PARAA
Earnings
- 4/29/24 - Beat
PARAA
Sec Filings
- 7/3/24 - Form 4
- 7/3/24 - Form 4
- 7/3/24 - Form 4
- PARAA's page on the SEC website