There appears to be a disconnect within the US economy, causing concern among those responsible for managing inflation and maintaining stability in the labor market. US companies have significantly reduced their hiring this year, exhibiting caution in their investment decisions Read More …
As we commenced this week, the prevailing sentiment regarding the American economy was predominantly pessimistic. However, following what seemed, at least superficially, to be a robust jobs report and impressive earnings from Nvidia and Walmart – all occurring within approximately Read More …
The major index futures indicate a higher opening on Friday, suggesting that stocks are poised to rebound following the significant decline observed in the prior session. Market participants might consider acquiring equities at lower valuations after the significant decline observed Read More …
In September, the labor market experienced an unexpected rebound with the addition of 119,000 jobs. However, this development occurs amidst indications of a decelerating overall economy. Expectations among economists were for an addition of 50,000 jobs, with the unemployment rate Read More …
The major index futures indicate a significantly higher opening on Thursday, suggesting that stocks are set to build on the gains achieved in the prior session. The upward momentum on market arises from a favorable response to the much-anticipated earnings Read More …
One of the most eagerly awaited economic indicators is poised for release on Thursday: the long-overdue jobs report for September, which was initially scheduled for October 3. The release coincides with the influx of delayed economic data that was postponed Read More …
The major index futures indicate a modestly higher opening on Wednesday, suggesting that stocks may recover some ground following a significant decline in recent sessions. Bargain hunting may contribute to initial strength on market, as some traders seek to acquire Read More …
Federal Reserve policymakers find themselves divided on the question of whether to persist with interest rate cuts, marking a departure from the consensus that has characterized Chair Jerome Powell’s tenure at the helm of the central bank. The Federal Reserve’s Read More …
The major index futures indicate a lower opening on Tuesday, suggesting that stocks may experience additional declines following the pressures observed in the prior session. Weakness among technology stocks may continue to weigh amid a continued decline by market leader Read More …
Equities and bitcoin experienced declines amid a prevailing risk-averse mentality across markets. The Dow experienced a decline of 557 points, representing a decrease of 1.18%. The broader S&P 500 experienced a decline of 0.92%. The Nasdaq Composite experienced a decline Read More …