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CME Group Inc. (CME): Why Are Hedge Funds Bullish on This Stock Right Now?
Tesla, AT&T, Alphabet, Chipotle, Visa, and More Stocks to Watch This Week
Second-quarter earnings season continues with Verizon, Alphabet, Coca-Cola, Comcast, General Motors, Tesla, Visa, AT&T, Chipotle, and Newmont.
Is a Beat in the Cards for CME Group (CME) in Q2 Earnings?
CME Group Report: Bitcoin's Daily Volume Matches Visa and Mastercard
US unemployment claims hit their highest level since August of last year.
Last week, the number of weekly jobless claims increased more than expected, which is the latest sign of cooling in the labor market. According to the latest data from the US Department of Labor, the number of initial claims for unemployment benefits was 243,000 as of the week of July 13, higher than the previous week's 222,000 and also higher than economists' expectations of 229,000. This is consistent with the number of weekly jobless claims in June and represents the highest level since August 2023. At the same time, the number of people continuously applying for unemployment benefits has reached its highest level since November 2021, with the number of people applying for unemployment benefits approaching 1.
Traders See the Odds of a Fed Rate Cut by September at 100%
The probabilities are based on trading in CME Fed Funds futures contracts.
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