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'Position For A Recovery In The Stock Market': 8 Experts React To October Jobs Report, What It Means For The Fed
Friday, November 4, 2022 - 10:47am | 676The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher Friday after the Labor Department reported strong U.S. jobs market numbers from October. The U.S. added 261,000 jobs in October, beating average economist estimates of 205,000 jobs. The unemployment rate increased 0.2% to 3.7%, above...
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Why The Fed's Language On Interest Rates Is Moving Markets Wednesday: 'We Will Stay The Course Until The Job Is Done'
Wednesday, November 2, 2022 - 3:46pm | 700The SPDR S&P 500 (NYSE: SPY) is volatile Wednesday afternoon after the Federal Reserve raised its benchmark rate by 0.75% for the fourth straight time and indicated that it's paying attention to the cumulative tightening of monetary policy and the lag with...
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'Begin Preparing For A Recession': 8 Experts React To Jobs Report, Stock Market Sell-Off
Friday, October 7, 2022 - 1:58pm | 653The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower Friday after the Labor Department reported strong U.S. jobs market numbers from September. The U.S. added 263,000 jobs in September, beating average economist estimates of 250,000 jobs. The unemployment rate fell 0.2% to 3.5%, below consensus...
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Hot Wage Growth, 'Encouraging' Jobs Data: 5 Experts React With Interest Rates Hanging In The Balance
Friday, September 2, 2022 - 11:00am | 497The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher Friday morning after the Labor Department reported strong U.S. jobs market numbers from August. The U.S. added 315,000 jobs in August, beating average economist estimates of 298,000 jobs. The unemployment rate increased 0.2% to 3.7%, above...
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Bombshell Jobs Report: All Pandemic Jobs Lost Restored, Flipping Recession Script And Fueling Inflation, Fed Fears
Friday, August 5, 2022 - 9:18am | 544The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower by 0.8% Friday morning after the Labor Department reported encouraging U.S. jobs market numbers from July. The U.S. added 528,000 jobs in July, beating consensus economist estimates of 258,000 jobs. The U.S. unemployment rate dropped...
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US Adds 390,000 Jobs In May: 'Little Solace In These Numbers'
Friday, June 3, 2022 - 10:50am | 439The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower by 1% Friday morning after the Labor Department reported strong U.S. jobs market numbers from May. The U.S. added 390,000 jobs in May, beating consensus economist estimates of 325,000 jobs. The U.S. unemployment rate remained at 3.6%, slightly...
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Bryce Doty Recommends Sit Rising Rate ETF For Protection Against Raising Interest Rates
Wednesday, December 16, 2015 - 5:13pm | 171Bryce Doty of Sit Investment Association spoke on CNBC about Sit Rising Rate ETF (NYSE: RISE). He explained that the ETF is designed to provide protection to a portfolio of bonds against rising interest rates. Doty said that yield on two- and five-year maturity Treasury futures is going to increase...