U.S. Stocks Slip After Jobs Report
Employment data could affect the size and pace of Federal Reserve interest-rate increases ahead U.S. stocks edged lower Friday after a surprisingly strong jobs report cast doubt on the Federal…
PPI +11.3% Year Over Year, New Jobless Claims Spike to 244K
For a week that started out rather directionless in terms of stock market indicators, we’re sure making up for it late in the week. Not only is the unofficial start…
No, We’re Not In A Recession Yet: Strong Job Market Keeping Economy Safe For Now, Goldman Says
Economists at Goldman Sachs on Monday doubled down on their belief that the economy will avoid a recession this year thanks to the strength of the labor market, which has…
Stocks Fall After U.S. Economy Adds Back 372,000 Jobs In June
The stock market opened slightly lower on Friday despite solid gains earlier this week, as investors assessed a stronger-than-expected jobs report amid ongoing fears that the Federal Reserve’s aggressive rate…
U.S. weekly jobless claims rise; layoffs hit 16-month high in June
The number of Americans filing new claims for unemployment benefits unexpectedly rose last week and demand for labor is slowing, with layoffs surging to a 16-month high in June as…
Nasdaq, S&P, Dow drop after payrolls rise more than expected
Major market averages shift lower with the opening bell as the U.S. economy added more jobs than expected in May. At the start of trading the Dow Jones (DJI) is…