U.S. Economy and Jobs Market Are Showing Cracks. Fed Rate Cuts Are Not Far Off.
By Jeffry Bartash Forget the summer heat: The economy appears to have caught enough of a chill that the Federal Reserve is likely to cut interest rates soon. The latest evidence? A June jobs report wh
S&P 500, Nasdaq Composite Hit New Records as Wall Street Mostly Likes Latest Job Report
Stocks traded mostly higher Friday morning following the July 4th market holiday, with the S&P 500 and the Nasdaq Composite pushing further into record territory as the June jobless rate came in higher than expected.
Momentum for Biden to Step Aside Accelerating, Analyst Fordham Says
The red-hot Washington debate over whether President Joe Biden will scrap his run for re-election is spilling into Wall Street. We discuss the chances of Biden pulling out of the race, and whether Kamala Harris has emerged as the clear alternative with Geopolitical Strategist & Founder of Fordham Global Foresight, Tina Fordham and Bloomberg Opinion's John Authers.
The US Federal Reserve has been slow to cut interest rates, and the size of the US money market has surpassed 6.15 trillion US dollars, reaching a new high.
In the week ending on the 2nd, there was a inflow of approximately $51.2 billion into the US fund market, the largest inflow in three months. Some analysts pointed out that as long as the Federal Reserve continues to hold steady, funds will continue to flow into currency funds.
Is The Market Open On July Fourth? Everything You Need To Know
As American families gather to celebrate Independence Day, many investors and traders are curious about the market schedule for the July Fourth holiday.Here's a concise guide to help you navigate the
Biden Vs. Trump: New Poll Shows President Still Very Much In Race Despite Debate Fiasco But Final Outcome Hinges On This Key Voter Group
President Joe Biden managed to close his gap with his predecessor Donald Trump and get even with the latter, according to the results of a nationwide survey of voters published on Friday.The Matchup:
The US election has stirred up the market! The speculation around Biden's withdrawal continues to ferment, and Wall Street turns to 'Trump's trade'.
Traders are adjusting their positions.
S&P 500, Nasdaq 100 Climb To Record Highs As Data Fosters Rate Cut Optimism Ahead Of Fed Minutes; Gold, Bonds Rally: What's Driving Markets Wednesday?
The S&P 500 and Nasdaq 100 indices surged to new all-time highs on Thursday, as investors heightened their expectations for rate cuts following June's sharply lower-than-expected services sector activ
June Jobs Report Preview: Cooling Labor Market Trends May Further Bolster Rate Cut Hopes
The U.S. labor market doesn't appear as tight and hot as a couple of months ago, with the June's Employment Situation report likely to show an overall cooling trend from a very strong performance in M
Fresh Highs for a Short Day | Herd on Wall Street
Morning traders! The short trading day of July 3rd began with a fresh all-time high for the
US Services Sector Activity Experiences Largest Contraction In Over 4 Years: Gold Rallies, Dollar Tumbles As Traders Raise Rate Cut Bets
Business sentiment in the U.S. services sector plummeted in June, missing economic estimates by a wide margin and indicating that the pace of economic growth slowed down markedly at the end of last qu
Nasdaq Hits Fresh All Time High | Market Story
The short trading day of July 3rd began with a fresh all-time high for the $Nasdaq Composite Index(.IXIC.US)$, up about 0.08% to a new intraday high of $18,065.35.Shortly after 10:11 am EST, the $S&P
Trump's chances of winning the election are rising, and traders are heavily betting on the steepening of the US bond yield curve.
As Wall Street adjusts to the possibility of Trump returning to the White House, traders in the $27 trillion US bond market are betting on a rise in long-term bond yields.
RBC Calls Itself 'A Nervous And Jumpy Bull' As It Raises S&P 500 Outlook
RBC Capital Markets raised its outlook on the S&P 500 Index for the second half of this year, but it is doing so with trepidation.The investment bank lifted its 2024 price target for the S&P 500 from
Market Climbs Tuesday Afternoon
Indexes are Tuesday mixed after starting the second half of the year out advancing Monday. The $标普500指数(.SPX.US)$ was trading flat just after 10:30 am EST, while the $道琼斯指数(.DJI.US)$ traded lower 0.03
Treasury Yields End Lower for First Time in Three Sessions as Fed Chair Cites Improving Pace of Inflation
Yields on U.S. government debt finished lower on Tuesday after Federal Reserve Chair Jerome Powell said the U.S. might be back on a disinflationary path, but that officials need gre
Yield Curve Narrows to Its Tightest Level in 2-months
Powell Sees Work To Do, Tesla Deliveries Fall, and the Market Loves It | Herd on Wall Street
Morning traders! The market is advancing on Tuesday, July 2nd, but Indexes are mixed. My name is Kevin Travers, and I am watching lower Tesla delivery numbers year over year inspire the largest stock price run-up for Tesla for the last couple of months.
Is the US labor market showing signs of losing momentum? Investors are closely watching two key reports this week.
The hot labor market has always been a key obstacle preventing the Fed from cutting interest rates.
Top 10 ETF Inflow Leaders for June - Citi Research