didnt watch fomc today whats the tldr in 5 words ...

Going live for FOMO HOUR talking FOMC expectations, Meteora latest, 4 big ICOs + a lot moreJump inhttps://t.co/Nz6b05xQ3T ...

>> THE DIRECTION OF TRAVEL, THINGS ARE GREAT. >> WE ARE ENTERING THIS PHASE OF AI APPLICATION. >> IT'S NOT A BUBBLE. IT'S A BOOM WITH A STRUCTURAL CHANGE. >> AI WILL CHANGE THE WORLD. WHO WILL BE THE WINNERS? >> YOU CAN LOOK AT EITHER SIDE OF THE COIN ON THE DATA OUT HERE. YOU COULD BE BULLISH OR BEARISH. >> THIS IS "BLOOMBERG SURVEILLANCE," WITH JONATHAN FERRO, LISA ABRAMOWICZ, ANNMARIE HORDERN. LISA: SOX RAGING BACK AS INTO'S YOU HAVE IS -- ENTHUSIASM IS CURVED OVER RATE CUTS. MACRO ANALYSIS GIVES WAY TO ...

分组1 - The number of job openings in the U.S. remained unchanged at 7.7 million, exceeding the expected 7.2 million, indicating a stronger labor market than anticipated [2][3][23] - The job openings data is considered volatile and has not normalized since the COVID-19 pandemic, with some reports suggesting the existence of "phantom jobs" that companies do not intend to fill [3][4] - The U.S. leading index reported a decline of 0.3%, which did not significantly impact the employment outlook [3][4] 分组2 - The S&P 500 index rose by approximately 0.2% following the job openings report, reflecting a positive market reaction [4] - The Federal Reserve's upcoming meeting is expected to address the implications of the delayed economic data, with market participants anticipating at least three rate cuts [5][7] - The 10-year Treasury yield is currently around 4.2%, with potential to rise to 4.5%, indicating changing investor sentiment regarding inflation expectations [11][12] 分组3 - Home Depot shares experienced a rise after the company provided optimistic guidance regarding the labor and housing markets, despite initial market reactions to their updated guidance being negative [15][17] - For fiscal year 2025, Home Depot plans to open 12 new stores and anticipates total sales growth between 1.5% and 4.5%, with a more optimistic outlook for 2026 projecting growth of 5% to 6% [16][17] - The adjusted earnings per share guidance aligns with revenue growth expectations, suggesting an increase in foot traffic and larger ticket volumes in the event of a housing market rebound [18]

Inflation Concerns - Global inflation concerns are being highlighted by various central banks, including the ECB, Japan, and the RBA, indicating a widespread issue [1] - There is a growing concern about inflation in the US, particularly as the market anticipates a hiking cycle following the current cutting cycle [3][4] Market Behavior - The market typically begins to price in a hiking cycle before the end of the cutting cycle, reflecting normal market behavior [2] - Higher yields are expected as inflationary pressures build, especially in the US, leading to potential upward pressure on yields [5][4] Federal Reserve Insights - The upcoming FOMC meeting is anticipated to provide insights into the Fed's stance, with expectations of dissent among members, indicating a range of views on economic conditions [6][7] - The presence of dissent at the Fed is seen as a positive signal for its independence, suggesting increased volatility in monetary policy decisions [10][11] Volatility and Market Reactions - The market's reaction to Fed meetings has shown that initial dovish sentiments can shift to a more hawkish outlook as the meeting progresses, impacting the dollar's value [8] - Increased dissent among Fed members may lead to greater market volatility as individual views on economic data come into play [11][10]

Economic Indicators - The Conference Board's Leading Economic Index for the U.S. is expected to drop by -0.3% month-over-month in September, an improvement from the previous decline of -0.5% [1] - The U.S. JOLTs Job Openings figures for October are anticipated to show 7.2 million openings, providing insights into the labor market's health [2] Federal Reserve Meeting - The Federal Reserve is expected to cut the Fed funds rate by 25 basis points to a range of 3.50% to 3.75% during its two-day meeting, with Chair Powell's statements being critical for future guidance [3] Stock Market Performance - Wall Street's main stock indexes closed lower, with Marvell Technology (MRVL) dropping about -7% after a downgrade, and Tesla (TSLA) falling more than -3% due to a similar downgrade [4] - Paramount Skydance (PSKY) gained over +9% after launching a hostile takeover bid for Warner Bros. Discovery at $30 per share in cash [4] Earnings Reports - Notable companies such as AutoZone (AZO), Ferguson (FERG), AeroVironment (AVAV), and GameStop Corp. (GME) are set to release their quarterly results today [6][14] International Market Updates - The Euro Stoxx 50 Index is down -0.07% amid caution ahead of the Fed's interest rate decision, while German exports rose +0.1% month-over-month, contrary to expectations [7][8] - Japan's Nikkei 225 Stock Index closed higher, driven by gains in electronics and machinery stocks, despite concerns over rising government bond yields [11] Pre-Market Stock Movements - Nvidia (NVDA) rose over +1% in pre-market trading after receiving approval to export its H200 chip to China, while Alexander & Baldwin (ALEX) jumped more than +38% following an acquisition agreement [12][13]

Core Viewpoint - The upcoming Federal Reserve meeting is expected to result in a 25 basis point rate cut, but the focus will be on the dispersion of views among Fed members and the accompanying economic projections [2][3][5]. Market Reactions - The market is likely to see a steeper yield curve as the Fed cuts interest rates, with expectations that short-term yields will decrease while long-term yields remain elevated around the 4% mark [6][7]. - Recent sell-offs in the bond market may indicate shifting expectations regarding the Fed's future rate cuts, with concerns about the next Fed chair potentially influencing market sentiment [8][9]. Key Economic Indicators - The labor market will be a critical focus for the Fed, with upcoming reports such as the JOLTs report and unemployment claims being significant indicators of economic health [11][12]. - A softening labor market could lead the Fed to consider additional rate cuts, impacting overall market dynamics [13].

Let's bring in Kevin Green, senior markets correspondent, right away to help set up the action today. And honestly, let's set up the week. So, let's talk about the Fed this week.Really, all eyes are focused on that and what the decision will be. And I guess it's not so much about the decision, but where do we go from here. So, what are you watching for this week on that front.>> Yeah, Diane, good morning. Look, I think the market's obviously going to be focusing on the commentary from Jerome Powell during t ...

>> ALL RIGHT. WELCOME BACK TO SQUAWK BOX EVERYBODY. LET'S TAKE A LOOK AT THE FUTURES THIS MORNING.DOW FUTURES UP BY ABOUT TEN POINTS S&P FUTURES UP BY SIX. THE NASDAQ INDICATED UP BY CLOSE TO 60 POINTS. AND JOINING US RIGHT NOW IS ED YARDENI.HE'S PRESIDENT AT YARDENI RESEARCH. AND WE COULD START BY TALKING ABOUT HOW THE MARKETS CONTINUE TO KIND OF MELT BACK UP OR NEAR ALL TIME HIGHS. BUT I THINK THE MOST INTERESTING THING, AND WHAT HAS KIND OF SHOCKED AND SURPRISED ME THIS MORNING, IS YOUR MOVE AWAY FROM TH ...

Core Insights - The upcoming FOMC meeting is anticipated to result in a 25 basis point interest rate hike, reflecting consolidated market expectations [1] Group 1 - The FOMC meeting is scheduled for Wednesday, marking a significant event for the month [1] - Market expectations have solidified around the likelihood of a 25 basis point increase in interest rates [1]