Ian Shepherdson

Markets are poised for what, perhaps, could be the crunch moment in 2023. Will equities be given the green light to rally into 2024, pushing the U.S. dollar lower? Will it be pivot or pushback from the Federal Reserve at its final policy meeting of 2023. The Pivot: This is the scenario in which the...

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower Thursday after the weekly U.S. jobs report from the Labor Department revealed a surprise increase in the number of initial jobless claims. On Thursday morning, the Labor Department reported 870,000 initial jobless claims for the week...