US: Jobs Gain Beat Forecast but Unemployment Rate Rose – UOB Group
The US employment report was again mixed. Continued rise in unemployment rate, benign wage growth and decline in ISM services/factory orders lifted Federal Reserve (Fed) rate cut expectations, UOB Group Senior Economist Alvin Liew notes.
Powell's Testimony Today: Key Dates Ahead of Next Fed Meeting -- WSJ
Federal Reserve Chair Jerome Powell's testimony before a Senate committee this morning could give traders more insight on how interest rates might move this year.
Fed Chair Powell Heads to Capitol Hill: What to Expect
Citi Senior Global Economist Robert Sockin previews Federal Reserve Chair Jerome Powell's testimony before the US House and Senate this week. Speaking on "Bloomberg The Close," Sockin says he expects the Fed to cut rates in September.
All Eyes on Powell's Semiannual Testimony [Video]
Most European indices including the British big caps closed Monday’s session in the negative.
The U.S. stock market once again hit a new high! Goldman Sachs joined the bearish camp: the "August Curse" is coming.
Goldman Sachs' global market department director and strategy expert Scott Rubner released a report on Monday, stating that as a large outflow of funds from the stock market, the US stock market will experience two painful weeks in a row since early August. Rubner said: 'Painful trading has turned from upward to downward. The best trading days of the year have passed, buyers have already bought to the full, and ammunition is running out.'
S&P 500 (SPX) Bullish Elliott Wave Sequence Remains in Play [Video]
Short term Elliott Wave view in S&P 500 (SPX) suggests that cycle from 4.20.2024 low is in progress as a 5 waves impulse.
US Stock Futures Edge Higher as Powell Testimony Looms
U.S. stock index futures rose in evening deals on Monday as increased expectations for a September rate cut kept Wall Street buoyant before testimony from Federal Reserve Chair Jerome Powell and inflation data later this week.
S&P 500, Nasdaq Close at Fresh All-Time Highs Ahead of Fed Powell's Testimony at Capitol Hill | Wall Street Today
The S&P 500 and Nasdaq closed at fresh all-time highs as traders awaited the Fed chair's testimony on Capitol Hill, the start of earnings season, and the June consumer price index this week.
Expert Trader Suggests Interest Rates Aren't Sole Cause For Small Cap Struggles, Recommends Alternative Investment Ideas
Anne-Marie Baiynd, trading expert and author, joined Benzinga's PreMarket Prep Monday morning to break down the recent price action in the overall market and which areas traders should be looking towa
S&P 500, Nasdaq hit Fresh Highs Monday Afternoon
As a general recap, the market was advancing to all-time highs on Monday shortly after the opening. The $标普500指数(.SPX.US)$ continued its five session climb to a fresh all time high Monday, up ab
$100 Invested In Sprouts Farmers Market 5 Years Ago Would Be Worth This Much Today
Sprouts Farmers Market (NASDAQ:SFM) has outperformed the market over the past 5 years by 21.36% on an annualized basis producing an average annual return of 34.4%. Currently, Sprouts Farmers Market ha
Stock Market's Breadth May Have Already Peaked. Here's Why a 20% Drawdown Could Follow.
By Isabel Wang The S&P 500 on Monday was on pace for its fifth consecutive daily gain - its longest winning streak in nearly six months. And once again, the stocks leading it higher were some of the l
Stocks Hold Steady, Small Caps Rise, French Equities Slip After Surprise Win By Left-Wing Bloc: What's Driving Markets Monday?
U.S. stocks started the week on a neutral note, with the S&P 500 and Nasdaq 100 indices hovering around the flatline by midday trading in New York. This comes after both indices reached fresh record h
Goldman Sachs' Tactical Specialist Scott Rubner Says He's on 'Correction Watch' for Stocks
If June Inflation Report Is 'Another Confidence Builder,' Fed Rate Cut Will Come Next: Bank Of America
One of the most hawkish investment firms on Wall Street might soon revise its estimates and anticipate an earlier rate cut from the Federal Reserve if June's new inflation figures confirm another unmi
According to a strategist at Daiwa, it is highly likely that the US stock market will experience a 10% correction.
Morgan Stanley strategist Mike Wilson said that as uncertainty around the US presidential election, corporate earnings, and Federal Reserve policies intensifies, traders should be prepared for a pullback in the US stock market.
Wall Street Strategist: Only a bountiful earnings season can sustain the record-breaking momentum of the US stock market.
Some Wall Street strategists believe that the US corporate world needs to achieve a "bumper crop" during earnings season in order to barely continue the record-breaking trend of the US stock market.
Fresh Highs Before Flat Trading, Last Week Before Q2 Earnings | Herd on Wall Street
Morning traders, it is the final slow week before a new earnings season begins Thurday with
Here's a Way to Look Beyond Nvidia's Stock for -2-
The iShares Russell 2000 ETF IWM trades at a forward price/sales ratio of 1.2, which matches its 10-year average valuation, according to FactSet. Meanwhile, SPY trades at a forward price/sales ratio o
How far away is the Fed's rate cut in September? Just a cooling CPI away!
Currently, the market expects a 72% chance of a Fed rate cut in September. The June non-farm payroll report reinforced the market's expectation of a rate cut in September, and this week's CPI report is expected to be another confidence booster.