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US Close To Recession Warning As June Jobs Report Shows Rising Unemployment
Friday, July 5, 2024 - 12:12pm | 451The United States is close to breaching the threshold for the Federal Reserve’s “Sahm Rule” according to data from the June jobs report. The Data: The Sahm Rule, named for economist Claudia Sahm, is a heuristic measure used by the Federal Reserve to determine whether the U.S....
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Market Wrap For June 19: Stocks Little Changed, Gold and Silver Higher
Thursday, June 19, 2014 - 4:45pm | 2517U.S. stocks were little changed the day after investors and traders were reassured by the Federal Reserve that interest rates will not rise in the near-term. The U.S. government reported that fewer Americans filed claims for jobless benefits in the previous week, partly helping the S&P 500...
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Market Wrap For April 21: S&P 500 Extends Winning Streak To Five Days, Dow & Nasdaq Also Positive
Monday, April 21, 2014 - 4:37pm | 2987U.S. stocks rose as investors felt that earnings season is positive enough so far to reverse weakness the markets have seen in recent weeks. "Investors were braced for poor results, and at least so far, the numbers have been better than feared. We'll have a little more information to act on...
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Benzinga Market Primer: Thursday, July 18: Key Tech Earnings Today!
Thursday, July 18, 2013 - 6:45am | 1276Futures Little Changed Ahead of Bernanke, Key Tech Earnings U.S. equity futures nearly unchanged ahead of some key earnings Thursday as well the second day of Congressional testimony from Federal Reserve Chairman Ben Bernanke. Earnings from Verizon (NYSE: VZ), Google (NASDAQ: GOOG), and...
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Benzinga Market Primer: Thursday, June 20: PMI Day
Thursday, June 20, 2013 - 6:22am | 1163Futures Drop On China Growth Fears, Dollar Gains U.S. equity futures declined in early pre-market trade following a weak initial reading of manufacturing in China. The Flash HSBC Manufacturing PMI for June declined to 48.3 from 49.2 in May, with every internal figure showing negative signs for the...
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Weekly Preview: Fed In Focus as Tapering Fears Mount
Friday, June 14, 2013 - 3:44pm | 2219Next week, the Fed's policy statement, updated forecasts and Press Conference with Chairman Ben Bernanke will be closely watched. Key earnings from companies including FedEx (NYSE: FDX), Micron Technology (NASDAQ: MU), and Oracle (NASDAQ: ORCL) will also be watched. Key Earnings Earnings from...
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Benzinga Market Primer: Friday, May 17
Friday, May 17, 2013 - 6:36am | 1012Futures Rise Heading Into the Weekend U.S. equity futures rose slightly in early pre-market trade heading into the weekend after a week marked by small moves in equities in both directions. Stocks look set to test all-time highs again in Friday's session if futures can hold gains into the open....
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Benzinga Market Primer: Thursday, April 18
Thursday, April 18, 2013 - 6:33am | 1116Futures Slightly Higher as G20 Agrees to Avoid Competitive Devaluations U.S. equity futures rose slightly in pre-market trading following the release of a draft G20 statement. In the statement, the G20 agreed to avoid using competitive devaluations as a tool of policy, however the group refrained...
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Benzinga Market Primer: Thursday, January 24
Thursday, January 24, 2013 - 7:25am | 882Futures Slide as Apple Disappoints U.S. equity futures slid in pre-market trading following the disappointing earnings report from Apple, Inc. (NASDAQ: AAPL). Apple reported first quarter earnings that beat expectations but revenue was light and margins dropped precipitously. Top News In other...
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Today's Economic Report: Leading Indicators
Friday, December 17, 2010 - 9:19am | 41Today's only data point is November Leading Indicators, which will be released at 10 AM EST. Economists expect a reading of 1.2%. Stock futures are slightly down with Dow futures off 1 point, NASDAQ futures off 2.8 points and S&P futures lower by 0.5 points.