Pre-Bell Playbook: Small Business Optimism Falls, Softbank Exits NVDA Position
Description
Kevin Hincks reporting from @cboeglobalmarkets shares the latest economic data from the NFIB Small Business Optimism Index and dives into the details to find out why it was lower than estimates. He looks at ADP's newest jobs data that pointed to a loss of more than 11k jobs each week in the last 4 weeks as the government shutdown ceased regular jobless claims prints. On the stocks front, Kevin underscores the importance of Nvidia's (NVDA) earnings coming up later this month as Softbank exits its entire position of the A.I. chipmaker.
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