Wall Street Rebounds as Rate Cut Hopes Rise: 5 Stocks to Buy
PlayAGS(AGS) ZACKS·2024-08-09 21:11
This has been an eventful week for Wall Street, which suffered a bloodbath on Aug 5. Billions of dollars were wiped out of the market cap of hundreds 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 ...