News

Initial Jobless Claims Softer Than Expected
After hitting a peak in early June, initial jobless claims have been sliding in recent weeks, and that continued to be the case at the end of last month. About 233,000 new unemployment insurance ...
S&P 500 Builds on Record High. Futures Rising Ahead of Jobs Report.
Dow, S&P 500, and Nasdaq 100 futures are rising in premarket trading ahead of the Jobs Report for June. Stock markets are watching developments on U.S. trade deals and Trump's tax and spending bill, ...
Russell 2000 Back in Positive Territory for the Year
The resurgence of small-cap stocks continued on Thursday. The Russell 2000 was up 0.6%, on track to close with a gain of 0.4% ...
Wall Street Stays Calm Ahead of June Jobs Report
Investors were feeling zen on Thursday ahead of monthly jobs data that will give the market a better sense of how tariffs are ...
Clean Energy Got Hit Hard in the Tax Bill. Some Players Still Have a Way to Win.
The golden age of government support for clean energy is over. A new fraught era of energy policy has begun.
David Rosenberg: 'This Was a Weak Employment Report!'
Not everyone was lining up to celebrate the latest jobs report; Rosenberg Research’s David Rosenberg actually makes the case that beneath the strong headline number, there are signs of cracks in the ...
Pound and U.K. Bonds Recover After Welfare Cut Climbdown Sparks Selloff
The British pound and U.K. government bonds were paring back some of their losses on Thursday, having tumbled the previous ...
10-Year Yield Breaches 200-Day Moving Average
The bond market is suggesting that the trend higher in yields is going to be sustainable. The yield on a 10-year Treasury note breached the 4.32% level, which was the moving average for the past 200 ...
Jobs Report: Why Slower Job Growth, Rising Unemployment Won't Cause the Fed to Cut Rates Sooner
Unemployment rate: 4.3%, slightly higher than 4.2% in May. The Fed angle: It's unlikely that a moderate jobs report will prompt the central bank to cut interest rates at its next meeting.
Stocks Set Fresh Record Highs Ahead of July 4th Holiday. Jobs Report Ignites a Market Rally.
The stock market was poised to end the holiday-shortened week at record levels after the June payrolls report showed a surprising amount of resilience in the labor market. The S&P 500 was up 0.4%. The ...
Bonds Sell Off After Payrolls. What's Behind the Spike in Yields.
Treasury yields rose sharply in response to Thursday's labor market data, suggesting that traders see less reasons for the Federal Reserve to cut rates in July. The 2-year Treasury yield, which is ...
Wage Growth Weaker in June
The pace of wage growth slowed in June after a surprisingly robust showing in May. Average hourly earnings for all employees on private nonfarm payrolls rose by 0.2% month over month in June, the BLS ...