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Steven McCollum discusses market trends and stock updates.
44m 17s
40m 17s
34m 53s
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Steven McCollum gets your day started with The Market Watch, Stocks we are paying attention to and the National & Local stories you need to know!
In this episode of 'McCollum on Business,' Steven McCollum provides a comprehensive update on the current state of the market. He discusses the impact of rising oil prices on the economy and the stock market, including specific details on West Texas Intermediate Futures and Brent Crude prices. McCollum also shares insights on treasury yields, noting the highest levels since November 2023.
The episode highlights the performance of major stock indices such as the Dow Jones, S&P 500, NASDAQ, and Russell 2K, all of which are experiencing downturns. Additionally, McCollum covers individual stock performances, including Apple's recent product announcements and investor reactions, as well as Meta's stock movements following an upgrade from JP Morgan.
Furthermore, McCollum touches on economic developments such as the European Central Bank's interest rate decisions and potential tariff negotiations between the US and China. He also provides updates on unemployment claims in the US, offering a detailed look at the broader economic landscape.
This episode focuses on market trends, stock updates, and economic news.
Rising oil prices are causing concerns about inflation and economic stability.
The episode discusses Apple, Meta, and Macy's among others.
Developments include interest rate decisions by the European Central Bank and potential US-China tariff negotiations.
Unemployment claims remain historically low despite market fluctuations.
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