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Squawk on the Street

SOTS 2nd Hour: Alaska Flies Higher, The Playbook For 2025, and Odds of a Pause or Pivot 12/10/24

Dec 10, 2024
Exploring stock market expectations, insights from top strategists reveal debates on potential rate cuts amidst positive economic data. An exclusive chat with Alaska Airlines' CEO highlights their bullish stock performance and growth strategies. With Oracle struggling on disappointing results, the team analyzes the tech landscape, including the rise of Amazon's drone delivery program. Plus, the impact of major events and trends on the economy is under scrutiny, creating a multifaceted view of the financial world.
42:08

Podcast summary created with Snipd AI

Quick takeaways

  • The podcast emphasizes the mixed performance of equities, highlighting strong gains in technology and communication services amidst sector struggles.
  • Increased small business optimism and strong non-farm productivity suggest potential economic resilience, impacting Federal Reserve interest rate decisions going forward.

Deep dives

Market Trends and Sector Performance

Equities are showing mixed performance, with sectors like technology driving gains in the S&P and Nasdaq indices. Communication services lead the upward trend, notably buoyed by significant movements in stocks like Alphabet and Tesla. However, other sectors such as materials and utilities have struggled, indicating a split in market sentiment. As economic data remains sparse, traders are closely monitoring upcoming releases like the Consumer Price Index to gauge inflationary pressures and the Fed's potential response.

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