-
Stocks Rally On Strong Jobs Numbers; Tesla Rebounds As Trump-Musk Feud Softens: What's Driving Markets Friday?
Friday, June 6, 2025 - 1:16pm | 831Wall Street surged into rally mode during the final trading session of the week as better-than-expected jobs data helped ease fears of an economic slowdown. In May, nonfarm payrolls increased by 139,000—a slight dip from April's downwardly revised 147,000, but above economist forecasts of 130,000....
-
Stocks' Winning Streak Hinges On Friday's Make-Or-Break Jobs Report: Analysts Eye Payroll Weakness After Tariff Shock
Thursday, May 1, 2025 - 3:42pm | 842After a bruising tariff-driven selloff in early April, U.S. equities have staged an astonishing comeback. In just 20 trading sessions, the S&P 500 index – as tracked by the SPDR S&P 500 ETF Trust (NYSE:SPY) – has recouped its post-tariff announcement losses and entered May on its longest...
-
Smart Investors Are Watching These 3 ETFs After Surprise Jobs Data Beat
Thursday, April 10, 2025 - 2:02pm | 703A better-than-expected U.S. jobs report for March brought renewed focus on some sector-specific exchange-traded funds, or ETFs. Healthcare, transportation, and food retail are specific examples of how the labor market’s resilience is presenting selective opportunity in the face of wider...
-
US Economy Adds Fewer Than Expected Jobs In January, Unemployment Rate Slows, Wage Growth Spikes (UPDATED)
Friday, February 7, 2025 - 10:08am | 529Editor’s note: This story has been updated with additional details. U.S. employment growth lost steam in January, with job growth coming in well below expectations and marking a significant slowdown from the previous month. Nonfarm payrolls rose by 143,000 in January 2025, marking a sharp...
-
Bank Of America Scraps Interest Rate Cut Calls, Betting Markets Go Haywire As Hiking Panic Mounts
Friday, January 10, 2025 - 4:38pm | 651The December jobs report upended market expectations, forcing top Wall Street investment banks to abandon their forecast for further interest rate cuts in 2025. A labor market exceeding even the most optimistic estimates has traders now bracing for the unthinkable: the return of interest rate hikes...
-
December Jobs Report A 'Wake-Up Call For Anyone Betting On Rate Cuts,' Analyst Says
Friday, January 10, 2025 - 12:19pm | 625The U.S. economy closed 2024 with a robust jobs report, adding 256,000 payrolls in December, far exceeding expectations. Despite the strong showing, economists are cautious, citing the continued inflationary pressures that may deter the Federal Reserve from cutting rates anytime soon. A Resilient...
-
Previewing Today's 'Most Important Jobs Report' — What It Means For Bitcoin
Friday, January 10, 2025 - 8:48am | 545Ivory Hill Wealth founder Kurt S. Altrichter predicts three possible scenarios how markets could react following today’s unemployment data report. What Happened: In a thread posted on X on Jan. 8, Altrichter outlined three potential scenarios: A “too hot” report triggering a...
-
Is Labor Market Cooling Or Raising Fed Concerns? What To Watch In Friday's Jobs Report
Wednesday, January 8, 2025 - 1:06pm | 590Friday’s official jobs report is expected to shed light on the cooling U.S. labor market in December 2024, as economists project slower hiring that could ease pressure on the Federal Reserve amid renewed inflation concerns and policy uncertainty under Donald Trump‘s incoming...
-
US Economy Adds Only 12,000 Jobs In October, Sharply Misses Estimates As Hurricanes, Strikes Pummel Hiring
Friday, November 1, 2024 - 8:44am | 495The U.S. economy experienced almost no job growth in October as the pace of employment creation slowed to its lowest level since December 2020, according to the official jobs report released Friday. This downturn likely reflects the impact of hurricane disruptions, strikes in manufacturing and...
-
Jobs Report Preview: Could October Nonfarm Payrolls Defy Hurricane Disruptions, Strikes And Election Uncertainty?
Thursday, October 31, 2024 - 1:16pm | 867Traders are eagerly awaiting October’s official jobs data, set for release on Friday at 8:30 a.m. ET — widely viewed as the week’s most crucial economic event. The Employment Situation report is expected to provide valuable insights into the resilience of the U.S. labor market,...
-
Harris Vs. Trump: Vice President Hits Record Lead In 2024 Election Poll, But Independent Voters Could Be Worrisome
Tuesday, October 8, 2024 - 7:19pm | 795Vice President Kamala Harris has grown her lead over former President Donald Trump in a weekly head-to-head poll of likely voters with less than one month until the 2024 presidential election. What Happened: Harris has shown a lead over Trump in many election polls, while election betting odds and...
-
AI Stocks Ripping, Barn Burner Jobs Report - Could Powell Be Wrong?
Friday, October 4, 2024 - 12:05pm | 1337To gain an edge, this is what you need to know today. Barn Burner Jobs Report Please click here for an enlarged chart of S&P 500 ETF (NYSE:SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows that the stock market is rallying on the...
-
'Blowout' September Jobs Report Spurs Reactions: 6 Economists Say Aggressive Fed Rate Cuts May Face Obstacles
Friday, October 4, 2024 - 11:33am | 806The September jobs report came in hotter than predicted, with U.S. payrolls increasing by 254,000 and the unemployment rate surprisingly slipping to 4.1%. Wage growth exceeded expectations, rising 0.4% month-over-month and 4% year-over-year. These robust numbers have sparked a fresh debate among...
-
US Economy Adds 254,000 New Jobs In September, Smashes Expectations: Unemployment Falls, Wages Increase (UPDATED)
Friday, October 4, 2024 - 8:51am | 432Editor’s note: This story has been updated with additional details. Signs of a healthy labor market emerged from the official September jobs report, as the U.S. economy added 254,000 nonfarm payroll jobs last month, reflecting a strong improvement over August's upwardly revised figure of 159...
-
Jobs Report Preview: Could September Labor Data Shift Fed's Interest Rate Path?
Thursday, October 3, 2024 - 12:49pm | 761Data on the U.S. labor market could signal how aggressive the Federal Reserve will be when deciding if they should cut interest rates in November, after already announcing a rate cut of 50 basis points in September. The Bureau of Labor Statistics is set to release the official September jobs report...