Daybreak Europe Show Open: Stocks Mixed After Powell, China Data

The transcript discusses the market's reaction to policy statements, highlighting the tech sector's performance and the small cap index's decline. It also covers wage dynamics, with Larry Fink's comments on inflation and wage increases, suggesting a potential shift in the economic landscape. The NFIB survey indicates small businesses' concerns about filling roles, which could lead to wage hikes.

What was the bond and FX market's reaction to the substantial progress mentioned?

• They were underprepared.

• They were indifferent.

• They were overly optimistic.

• They were well-prepared.

How did the NASDAQ 100 perform compared to the Smallcap index?

• It was not mentioned in the discussion.

• It underperformed the Smallcap index.

• It performed the same as the Smallcap index.

• It outperformed the Smallcap index.

What was the Smallcap index's performance over the two days mentioned?

• It showed significant growth.

• It remained stable.

• It had its worst two-day performance since May.

• It reached a new high.

What did Larry Fink predict about inflation?

• It will have no impact on wages.

• There will be an epic shift in inflation.

• It will decrease significantly.

• It will remain stable.

What challenge are small businesses facing according to the NFIB survey?

• Rising taxes.

• Increasing competition.

• Filling roles.

• Decreasing demand.