Jobless Claims

U.S. stocks look set for a positive start on Friday, reversing course from the sell-off seen in the past three sessions. What Happened: Traders may have to contend with Fed speeches and housing market data, which could provide direction to the market. On Thursday, the averages came...

Trading in the index futures suggests a negative start on Thursday, as traders digest the December consumer price inflation data that came in line with expectations. The strong gains in the run-up to the inflation data are potentially weighing down on sentiment. What Happened: On Wednesday,...

U.S. markets witnessed another sell-off on Thursday, dampening hopes of a "Santa Claus" rally following the temporary rebound. Prominent market commentator Jim Cramer highlighted three reasons behind the market fall on Thursday. If the economy were running colder, if the...

Initial Jobless Claims: 214,000, a decrease of 12,000 from the previous week's revised level, according to data the Labor Department released on Thursday. The previous week's level was revised down by 2,000 from 228,000 to 226,000. The number came in well below average...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Earnings and the Fed have dominated the week up until now, but this morning data finds a spot in the sun.  U.S. Q2 gross domestic...

Let’s take a market minute to look at what’s on the minds of traders and investors, and at the top of the list in terms of what could move markets this week. Before we talk about what’s to come, keep an eye on U.S. indices; they remain in a well-defined trend up, trading at or...

It looks like another busy week for traders and investors, let’s take a market minute to get ahead of what’s to come. In terms of economic data, the focus this week will shift from inflation figures to housing numbers, with the Housing Market Index and the Empire State Manufacturing...

It’s probably one of the busier weeks so far this year in terms of closely-watched economic data here in the U.S., let’s take a market minute to get ahead of what you should be keeping an eye on. First and foremost, you’re going to be hearing a lot about how the FOMC meeting...

The Past Week, In A Nutshell What Happened: Last week ended positively on news that a Pfizer Inc (NYSE: PFE) and BioNTech SE (Nasdaq: BNTX) COVID-19 vaccine was more than 90% effective in preventing the virus in participants without evidence of prior infection. Remember This: “We believe the...

The Past Week, In A Nutshell What Happened: Last week ended positive alongside vaccine optimism and a retail sales beat. Remember This: “Regardless of who may win the election, we think the continued economic rebound will support future equity gains,” said Ryan Detrick, chief market...

The Past Week, In A Nutshell What Happened: Last week ended positive alongside progress in stimulus talks. Remember This: “Very rarely in the last 10 years have we seen earnings estimates moving higher after a quarterly reporting season,” said Art Hogan, chief market strategist at...

The Last Week In A Nutshell What Happened: Last week ended positive, with broad gains in all S&P 500 sectors. Remember This: “Some data suggests consumer health has started to improve,” said Lindsey Bell, chief investment strategist at Ally Financial Inc (NYSE: ALLY)-owned Ally...

Today’s data barrage begins with the latest look at unemployment claims and another check on Q1 economic growth. It’s been an incredible week of gains so far in stocks, so we’ll see if the market can draw more energy from the numbers or if the data turn out to be a drain. ...

The number of workers in the truck transportation sector plummeted in April to levels not seen since 2014. According to the unemployment figures released by the Bureau of Labor Statistics (BLS) this morning, May 8, 1,435,600 people were employed in the truck transportation sector of the...

If the stock market has a catalyst right now, it’s arguably crude. That volatile commodity rose for the sixth-straight day, raising hopes of improving demand as economies reopen. Meanwhile, major overseas indices are mostly higher again, and bond yields firmed but aren’t migrating much...