The U.S. economy added more jobs than market expectations, and Wall Street is recovering from the interest rate cuts. IGN analysts say that the blowout January jobs report—payrolls surging, wages jumping, unemployment falling—means the Fed will be in no hurry to cut interest rates. The meaning of these words was the same as what Leo […] More
Intel Corp. missed its fourth quarter finale of Forts and Impacts Wall Street gains this weekend. Wall Street edged lower after a lower-than-expected first-quarter forecast by the semiconductor chip manufacturing company Intel. Two of Wall Street’s main indexes fell in today’s session, while the other one swung up and down, moving to close the session […] More
Better-than-expected fourth-quarter reports boost Wall Street gains and the hope of delaying interest rate cuts. Despite market worrisomes and uncertainties, the U.S. economy’s GPD shows a significant increase in its growth pace. The date shown by Thursday morning suggests that the 2023 fourth quarter was the best in terms of profits and revenue generation in […] More
Wall Street edged higher, while the Teck sector demonstrated its strength and boosted investors’ hopes. Tech stocks continue to dominate this year. After three weeks, tech stocks have proven their market strength, despite concerns over early interest rate cuts. The Nasdaq compote rises for the third consecutive session this week, scoring a 1.9% increase this […] More
Wall Street mixed on Thursday amid concerns of early interest this year. retail sales numbers and the decreasing number of Americans filing new unemployment claims. These two data points have moved market trends and news in the past two sessions. Starting with the first report, December retail sales were better than market explication, scoring 0.6% […] More
Wall Street edged lower amid fears of market uncertainty and interest rate cuts. Wall Street ended the previous session negatively, with an average of 0.5% decile for all three main indexes. Today, things are supposed to end differently, and it was until interest rates unexpectedly rose again and caused a full decline in all the […] More
Core CPI reports sink Wall Street and investors’ market uncertainty rises this Thursday. Investors were hoping that this would paint a positive and better picture of the inflation landslide in the U.S. Markers had such high hopes in terms of inflation and the Federal Reserve interest rate hikes. Unfortunately, Wall Street has been left uncertain […] More
The labor market delivers a bit more than expected data, yet interest rate-cut prospects are still high despite the strong economy. Wall Street mixed despite a better-expected job growth report; increasing wages were surprisingly unexpected, yet services sector data suggested a weaker economy. These two factors lead to higher expectations for March interest rate cuts. […] More
Wall Street was mixed, despite being better than expected. December’s U.S. private employee reports Let’s kick off today’s session with December’s U.S. private employee reports. U.S. private employers added more roles than expected in December, indicating resilience in the labor market. The report added that payrolls increased to 164,000, up from a revised 101,000 in […] More
Wall Street edged lower on the last trading day this year amid rising fears of a potential market recession in 2024. Wall Street edged lower on the last trading day this year. The main three indexes fell and sent a negative message in terms of inflation and markup. Today’s session was not expected among investors […] More
The U.S jobless claims boost wall street gains and concerns Concerns about supply disruptions deepen oil market losses. Looking back to December, investors are sure that the tightening Montray policy will come to an end the following year. Wall Street main indexes have been scroring wins for the past few weeks. With a bit higher […] More
Wall Street edged higher while the PCE report for November shows a 0.1% slowdown As expected, the inflation readings were set to be released by the Bureau of Economic Analysis at 08:30 AM ET. The readings were expected to show how far this year will go and how likely the beginning of next year will […] More