Jobs Report

To gain an edge, this is what you need to know today. Critical Waller Remarks Ahead Please click here for an enlarged chart of SPDR S&P 500 ETF Trust (NYSE:SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows that the stock market...

Wall Street breathed a sigh of relief Friday after the August jobs report signaled economic resilience, calming recession fears that had escalated following weak labor data in July and earlier this week. The U.S. economy added 142,000 nonfarm payrolls in August, up from the previous month's...

To gain an edge, this is what you need to know today. Jobs Picture Please click here for an enlarged chart of Clorox Co (NYSE:CLX) and NVIDIA Corp (NASDAQ:NVDA). CLX chart is in the top pane.  NVDA chart is in the bottom pane. Note the following: This article is about the big picture, not an...

Private sector job growth cooled August compared to the previous month and came in at a substantially slower pace than economists estimated. U.S. private employers added 99,000 jobs in August, a decline from the downwardly revised 111,000 in July, and falling short of the anticipated 140,000. The...

The weak July jobs report released on Aug. 2 sent the markets into a sell-off. The SPDR S&P 500 ETF Trust (NYSE:SPY) erased over 5% in a now-rare pullback before regaining ground on Tuesday and Wednesday. While recent unemployment data points to a recession, many experts say this go-around is...

Originally published at volumeleaders.substack.com Weekly Wrap-Up During the week of July 29 through August 2, 2024, the U.S. financial markets faced a tumultuous period marked by significant volatility and mixed economic signals. Major indices, including the S&P 500, Dow Jones Industrial...

Wall Street is experiencing a sharp decline on the last trading day of the week, with all indices in the red at noon in New York, as a cooler-than-expected July jobs report rattled risk sentiment and sparked concerns that the Federal Reserve may have erred in delaying a rate cut until September....

Global markets experienced a major downturn on Friday, continuing the negative sentiment that began the previous day, further exacerbated by U.S. jobs data that came in cooler than expected. The U.S. economy is showing signs of underlying weaknesses, as the pace of job creation slowed significantly...

Weekly jobless claims rose in the week ending July 27 to a 2024 high. Is this a signal for the state of the labor market or simply noise? The Data: The U.S. Department of Labor released its weekly jobless claims report on Thursday, returning numbers worse than expected. The figure for seasonally-...

Friday’s Bureau of Labor Statistics July jobs report could indicate whether the U.S. economy is trickling into recessionary territory, according to a closely watched indicator. The Sahm Rule: The Sahm Rule, devised by economist Claudia Sahm, is a heuristic measure used by the Federal...

The pace of job creation in the U.S. private sector fell short of expectations in June, suggesting a slight easing in labor market conditions. Private employers in the U.S. added 150,000 jobs last month, a decrease from upwardly the revised 157,000 jobs in May and below the forecasted 161,000 jobs...

The Federal Reserve is poised to keep the federal funds rate at 5.25%-5.5% for the seventh consecutive meeting in June, likely emphasizing that more time is needed to be confident that inflation will hit its target before contemplating any rate cuts. The key focus for market participants will be on...

The stock market extended its bull market rally for another week, with fresh record highs for both the S&P 500 and the tech-heavy Nasdaq 100 indices. The tech sector – particularly the chipmaker industry, as tracked by the iShares Semiconductor ETF (NYSE:SOXX), led broader market gains, driven...

Wall Street returned to reclaim record highs on Friday after a stronger-than-expected jobs report. In May, the increase in non-farm payrolls rose by 272,000 units, a jump from 165,000 and significantly higher than the economists’ consensus of 180,000. Hourly wages also surprised on the upside...

To gain an edge, this is what you need to know today. Strong Jobs Report Please click here for an enlarged chart of SPDR S&P 500 ETF Trust (ARCA:SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: Cross currents in the stock market are increasing....