Ahead of the potential market correction, Brian Arcese from Foord Asset Management has highlighted concerns over the U.S. economic growth and corporate earnings. These factors could trigger a correction if they continue to slow down. What Happened: Arcese warned that a market correction could occur if U.S. GDP or earnings growth slows. Arcese noted that the S&P 500 has been “expensive for quite a while,” with...

* Bond yields, euro tumble on weak PMIs * Investors ramp up ECB rate cut bets * Markets see a 50% chance of a 50 bps cut in December * Bank stocks fall as much as 2.1% By Stefano Rebaudo and Dhara Ranasinghe Nov 22 (Reuters) - German short-dated government bond yields and the euro tumbled to their lowest level...

06:32 AM EST, 11/22/2024 (MT Newswires) -- The most-talked-about stocks in the Reddit ( RDDT ) subforum Wallstreetbets were mostly lower hours ahead of Friday's opening bell. Reddit ( RDDT ) declined by 7.3% in premarket activity, swinging from an increase of almost 16% at Thursday's close. Intuitive Machines ( LUNR ) fell by 1.4% pre-bell, after closing Thursday with...

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Futures off: Dow 0.19%, S&P 500 0.27%, Nasdaq 0.39% Nov 22 (Reuters) - U.S. stock index futures slipped on Friday as investors remain cautious ahead of a business activity survey and increasing geopolitical tensions between Ukraine and Russia, but...