The Nasdaq Composite (^IXIC) had the worst month of the year in September but there are signs that point to a potentially rally. Thanks to the August PCE report, some stocks have begun to claw back their losses. Alissa Coram, Investor’s Business Daily Executive Editor, joins Yahoo Finance's Jared Blikre to share their insights on the market and discuss some stand out stocks including Meta (META) and Baker Hughes Company (BKR), as well as Emerging markets ETF (EEM) and the performance of the U.S Dollar (DX-Y.NYB) Coram points out that when the Nasdaq broke its August lows, it shook out the "weak holders" and set the stage for a rally attempt. However, it's important to look for a "confirmation of a change in trends." Coram says she is looking specifically for a "follow through" day to confirm the move. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
In its weekly release, Baker Hughes (BKR) reports that its count of oil and gas rigs declines after increasing for two straight weeks.
Baker Hughes (BKR) incorporates advanced high-performance barrier coating technology in its latest Druck hydrogen pressure sensors.