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Unemployment Claims Rise, Highest Since October 2021: Signs Of Cracks In The Job Market
Thursday, May 11, 2023 - 10:04am | 367Read More...The number of Americans registering for unemployment benefits in the week ending May 6 rose by 22,000 to 264,000, above the expected 242,000, the U.S. Labor Department reported Thursday. Initial jobless claims came in at 264,000. That's up from 242,000 the prior week, and well above...
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Friday's Jobs Number Could All But Guarantee The Federal Reserve Takes Its Foot Off The Gas On Inflation
Thursday, May 4, 2023 - 2:32pm | 661Read More...Key jobs data is due Friday, and recent numbers suggest the labor market remains tight. Here's a look at what you need to know ahead of Friday's print. Friday's Jobs Report: The Bureau of Labor Statistics is set to release the April nonfarm payrolls ...
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Weekly Jobless Claims Rise Slightly More Than Expected: What You Need To Know
Thursday, May 4, 2023 - 8:54am | 299Read More...The number of Americans registering for unemployment benefits rose by 13,000 to 242,000 in the week ending April 29, the U.S. Labor Department reported Thursday. The outcome was slightly above market estimates of 240,000. The release of the jobless claims data came a day after the ADP...
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Weekly Jobless Claims Rise Again, Reflecting More Labor Market Weakness: What You Need To Know
Thursday, April 20, 2023 - 8:51am | 593Read More...The U.S. Department of Labor reported 245,000 initial jobless claims for the week ending April 15 on Thursday, showing an increase for the second week in a row and indicating further cooling in the labor market. What To Know: The number of Americans applying for unemployment...
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Jobless Claims Exceed Expectations, Signaling Early Signs Of Cracks In US Labor Market
Thursday, April 13, 2023 - 8:52am | 368Read More...The U.S. job market continues to show signs of cooling, according to the latest jobless claims data released by the U.S. Department of Labor on Thursday. E-mini futures for the S&P 500 index, which is tracked by the SPDR S&P 500 Trust ETF (ARCA: SPY) rose 0.3% following the...
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How To Trade The Nonfarm Payrolls Report With The Markets Closed Friday
Thursday, April 6, 2023 - 12:14pm | 421Read More...Editor's note: This story has been updated to clarify the nonfarm payrolls report will be released at 8:30 a.m. Friday, April 7. The weekly jobs report has the potential to have a significant impact on the markets, including the stock, bond and currency markets. But what happens when the...
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S&P 500 Rebounds; Tech, Gold, Bitcoin Rally As Investors Bet On Fed Pause In May
Thursday, March 23, 2023 - 1:26pm | 1359Read More...Risk appetite sharply recovered on Thursday amid increased expectations of a Fed rate pause in May. This helped to alleviate fears raised by Treasury Secretary Janet Yellen's rejection of complete protection on bank deposits. Cues From Wednesday’s Trading: Negative pressure on the U...
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US Stocks Stare At More Losses In a Lackluster Week: Can Inflation Data Salvage Year's Rally?
Friday, February 24, 2023 - 7:10am | 1233Read More...See-sawing sentiment continues to persist on Wall Street, as index futures signal weakness on Friday after Thursday's positive close. A key inflation reading due ahead of the market opening may largely provide direction to the market in the final trading session of the week. Cues From...
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The Fed's Preferred Inflation Measure Is Due Friday: Why It Could Send Shockwaves Across Markets
Thursday, February 23, 2023 - 12:30pm | 696Read More...The SPDR S&P 500 (NYSE: SPY) has been trending lower this week as new data continues to suggest that a more hawkish Federal Reserve could be preparing to swoop in and stifle markets. The central bank's preferred inflation measure will drop Friday in what could be a...
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Nasdaq, S&P 500 Futures Lift-Off On Nvidia Boost: Market Shrugs Off Fed's Hawkishness And Bets On Rate Cuts Before Year-End, Says Analyst
Thursday, February 23, 2023 - 8:02am | 1243Read More...U.S. stocks may start Thursday’s session on an upbeat note, as traders transitorily put economic worries on the back burner in the wake of some positive earnings reports. Cues From Wednesday’s Trading: The major averages closed Wednesday’s session on a mixed note as traders...
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Nasdaq, S&P 500 Futures Indicate Weak Opening For Wall Street: Benefit Of Lowering Recession Risk Comes With Sticky Inflation Threat, Says Economist
Friday, February 17, 2023 - 7:22am | 918Read More...Index futures indicate U.S. markets are on track for a weak opening in continuation of Thursday's decline after hawkish comments from Federal Reserve officials and a higher than expected producers' price index hurt investor sentiments. Investors and traders will be keenly watching out for Federal...
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US Stocks' Resilience Faces Test As Traders Await Flurry Of Economic Data: Fed May 'Surprise To The Upside' On Rates Again In 2023, Says Analyst
Thursday, February 16, 2023 - 7:30am | 1519Read More...The resilient market faces another test on Thursday, as traders get to digest another set of economic data and a few Fed speeches. The index futures pointed to a cautious start on Thursday. Cues From Wednesday’s Trading: U.S. stocks closed Wednesday’s session higher, encouraged by a...
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US Stocks On Recovery Course As Earnings Lend Support: Fed's Hawkish Stance May Unwind Rally In High-Value Names, Says Analyst
Thursday, February 9, 2023 - 7:45am | 1381Read More...The see-sawing mood in the market continues as Fed’s data dependency creates volatility. The index futures point to a solidly higher opening on Thursday, signaling a reversal in the sentiment seen in the previous session. Cues From Wednesday’s Trading: On Wednesday, stocks...
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Nasdaq Futures Fly As Meta Keeps Tech Earnings' Buoyancy Intact: Will Apple, Amazon, Alphabet Toe In Line?
Thursday, February 2, 2023 - 7:34am | 1415Read More...The index futures point to a mixed opening on Thursday, as tech earnings continue to be encouraging. Meta Platform Inc’s (NASDAQ: META) strong earnings could set the tempo for the market mood as traders wait to hear from some of its big tech peers after the close. Cues From Wednesday...
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Nasdaq, S&P Futures Take Off As Tesla's Solid Earnings Report Perk Up Sentiment: Advance Q4 GDP Data, Housing Data On Investors' Radar
Thursday, January 26, 2023 - 7:33am | 1341Read More...Trading in the U.S. index futures suggests a cautious start by Wall Street stocks, as traders look ahead to more earnings and the advance fourth-quarter GDP report. Cues From Wednesday’s Trading: On Wednesday, stocks opened notably lower, weighed down by a disappointing earnings report...
















