STOCKS TRADE MIXED WITH U.S. JOBS DATA FRONT OF MIND

Powell says Fed needs more evidence of falling inflation before cutting interest rates

DE Sep 2024 270.000 put

OPR - OPR Delayed Price. Currency in USD

Add to watchlist

0.3800

-0.0400

(-9.52%)

As of 09:30AM EDT. Market open.

Loading interactive chart...

The Telegraph
French stock market gains on bet Le Pen won’t win majority
European stock markets rose today amid signs France’s hard-Right would not win enough seats for an overall majority in legislative elections.
Associated Press Finance
Struggling with falling demand for farm equipment, Deere & Co. announces nearly 600 layoffs
Deere & Co. is laying off nearly 600 workers as the farm equipment manufacturer deals with declining demand. Deere confirmed Monday that the production positions being cut are concentrated at two factories in Iowa and one at its home base in Moline, Illinois, where 280 employees will be laid off effective Aug. 30. A combined 310 workers will be let go at the Iowa locations.
Barrons.com
Caterpillar Stock Is a Better Bet Than Deere’s, Says Analyst. This Is Why.
Citi analyst Kyle Menges launched coverage of several U.S. machinery stocks. He has a Buy rating on Caterpillar stock, and a Hold rating on Deere’s.