Budget Deficit, Fed Minutes, Consumer Sentiment; Delta, Pepsi; and More to Watch This Week
Barronsยท2025-10-05 18:00
The equity markets resumed their ascent last week, as all three major indexes rose more than 1%, shrugging off the government shutdown. Without official employment data from the Bureau of Labor Statistics, Wall Street took its cue from ADP, which reported a decline of 32,000 private-sector jobs in September. Traders are now pricing in a nearly 100% chance of a quarter-point rate cut at the Federal Open Market Committee's late October meeting. ...