Blanke Schein Wealth Management

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower Friday after the Labor Department reported strong U.S. jobs market numbers from November. The U.S. added 263,000 jobs in November, beating average economist estimates of 200,000 jobs. The unemployment rate remained steady at 3.7%, in-line with...

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower by 0.5% Friday morning after the Labor Department reported strong U.S. jobs market numbers from April. The U.S. added 428,000 jobs in April, beating consensus economist estimates of 400,000 jobs. The U.S. unemployment rate remained at 3.6%,...

The SPDR S&P 500 ETF Trust SPY (NYSE: SPY) traded lower by 1.2% on Thursday morning after the Labor Department reported a 7.9% increase in the consumer price index in the month of February, the largest inflation growth since 1982. What Happened: The headline CPI rose 7.9% in February, above...

President Joe Biden announced Monday he will be renominating Federal Reserve Chairman Jerome Powell for a second term as Fed chair and will nominate Fed Governor Lael Brainard as vice chairman. Biden was widely expected to nominate either Powell or Brainard for the position of Fed chair. Powell was...