UAW strike, Nike and Costco earnings, FOX Business’ Republican debate top week ahead
Potomac Wealth Advisors President and founder Mark Avallone argues the stock market will rally despite disappointing Fed news on 'Varney & Co.'
Investors are gearing up for a busy week with the United Auto Workers (UAW) strike against Detroit's Big Three ongoing and a host of earnings, as well as FOX Business' Republican presidential primary dentate.
Stocks fell Friday with all three of the U.S. benchmark averages sliding for the week.
The tech-heavy Nasdaq Composite paced the declines falling over 3%.
Nasdaq
US EMPLOYERS EXPECT TO SEE BIGGEST JUMP IN HEALTH CARE COSTS IN A DECADE NEXT YEAR
UAW strike
The United Auto Workers strike against GM, Stellantis and Ford will enter its 10th day Sunday. As of Friday, UAW President Shawn Fain said progress was being made with Ford but not so for GM and Stellantis.
President Biden is expected to visit the picket line in Michigan Tuesday.
United Auto Workers rally at the Stellantis North America headquarters Sept. 20, 2023, in Auburn Hills, Mich. (Bill Pugliano/Getty Images / Getty Images)
Welcome to the Nasdaq
Blue Apron will leave the New York Stock Exchange and begin trading under the same ticker symbol «APRN» on the Nasdaq Global Market.
Meanwhile, U.K. antitrust regulators are expected to make a preliminary decision on Microsoft buying Activision. On Friday, regulators disclosed they were satisfied with the moves the companies have made to ease anticompetitive concerns.
Copies of «Call of Duty: Ghosts» are displayed during a launch event for the highly anticipated video game at a GameStop store Nov. 4, 2013, in North Las Vegas. (Ethan Miller/Getty Images / Getty Images)
If the deal wins full approval, it will give Microsoft a suite of lucrative video game titles,
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