US Stock Indexes Open Flat as Strong Jobs Data Raises Concerns Over Fed Rate Hikes
The main US stock indexes opened flat on Friday (5th), with the S&P 500 index likely to end its nine-week winning streak. The previous stronger-than-expected report on non-farm payrolls caused for traders to worry that the US Federal Reserve (Fed). ) can raise interest rates longer than expected. As of press time, the Dow Jones […]
US Non-Farm Payrolls Report: December Employment Data Surpasses Expectations
Data released by the US Labor Department on Friday (5th) showed that non-farm employment increased by 216,000 in December last year, well above market expectations of 170,000. The previous value was revised down significantly from 199,000 to 173,000. The unemployment rate fell to 3.7% that month, below market expectations of 3.8% and the same as […]
US Stock Indexes React to Strong Jobs Market Data and Raised Concerns for Interest Rate Cuts
Major US stock indexes opened mixed on Thursday (4th) after the latest data released by the US showed the jobs market remained resilient, cooling market expectations for an interest rate cut early by the Federal Reserve (Fed). Before the deadline, the Dow Jones Industrial Average rose more than 90 points or almost 0.3%, the Nasdaq […]
US Stock Market Expected to Soar on Interest Rate Optimism and AI Boom in 2023
On the penultimate trading day of 2023, major indexes opened higher on Thursday (28th), while the S&P 500 index hovered near an all-time high on expectations that the US Federal Reserve (Fed) will cut interest rates early next year. As of press time, the Dow Jones Industrial Average rose nearly 40 points or nearly 0.1%, […]
US Stock Indexes Open Lower as Strong Jobs Data Dampens Rate Cut Hopes
US Stock Markets Open Lower as Nonfarm Payrolls Exceed Expectations Major US stock indexes opened lower on Friday (8th) as the number of US nonfarm payrolls in November far exceeded expectations, suggesting the jobs market remains resilient and dampening hopes of the market for an interest rate cut by the Federal Reserve (Fed) in March […]
November Nonfarm Payrolls Report: Employment Surges, Unemployment Rate Drops
November Nonfarm Employment Report Data released by the US Labor Department on Friday, December 8th, revealed that non-farm employment in November surpassed market expectations, with an increase of 199,000 jobs. This figure exceeded the anticipated 180,000 jobs and the previous value of 150,000. Additionally, the unemployment rate fell to 3.7% in November, lower than both […]
US Unemployment Benefits Drop in Latest Report Amidst Signs of Labor Market Slowdown
Latest US Labor Department Data Shows Lower Than Expected Unemployment Benefit Claims The most recent data released by the US Labor Department on Thursday, December 7, revealed that the number of individuals continuing to receive unemployment benefits was much lower than anticipated. This marks the biggest drop in a month since July and came in […]
US Jobs Market Weakness Fuels Fed Rate Cut Expectations, Stocks Rally
US Jobs Market Weakens, Fueling Investor Expectations The latest “small non-farm payrolls” report in the US has indicated a sluggish job market, leading investors to anticipate a possible interest rate cut by the Federal Reserve in the near future. Major US stock indexes opened higher on Wednesday (6th), in response to the news. Dow Jones […]
US Employment Report: Hiring Slows and Wage Growth Cools in November
ADP Employment Report Indicates Disappointing Job Growth in US The United States recently released its ADP employment report, revealing lackluster job growth in the small non-agricultural sector. The report, which showed that US private enterprise employment increased by only 103,000 on a seasonally adjusted basis in November, fell short of the 130,000 jobs expected by […]
US Jobs Market Cools, Supporting Fed’s Decision to Keep Interest Rates Unchanged
New Jobs Report Indicates Slowing Market, Fed Likely to Maintain Interest Rates In a recent announcement, the US Bureau of Labor Statistics (BLS) revealed that the jobs market had cooled, providing the Federal Reserve (Fed) with the opportunity to keep interest rates unchanged at its upcoming monetary policy meeting in December. This development aligns with […]
