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NewEdge Wealth's Cameron Dawson Talks Prolonged High-Interest Rates On PreMarket Prep
Friday, May 24, 2024 - 3:28pm | 578Read More...Cameron Dawson, the chief Investment Officer of NewEdge Wealth, joined Benzinga’s PreMarket Prep Friday to discuss interest rates and other topics amid today’s uncertain economic environment. Interest Rates: Dawson predicted the 2-year Treasury’s yield will be stuck within an...
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Markets Go Haywire As US Payrolls Defy Gravity: 30-Year Yields Soar To 5%, Dollar Rallies, Equities Tumble
Friday, October 6, 2023 - 10:12am | 651Read More...The Bureau of Labor Statistics released an exceptionally strong job market report on Friday, highlighting the impressive resilience of the U.S. labor market in the face of elevated interest rates. What Happened: Non-farm payrolls surged to 336,000 in September, the highest level since January,...
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June Employment Numbers Outpace Expectations
Friday, July 5, 2019 - 9:17am | 276Read More...Economists were expecting June nonfarm payroll data to show an increase of 165,000, jobs but the final numbers came in much better than expected. The Breakdown Total nonfarm payroll employment increased by 224,000 in June, while the unemployment rate was little changed at 3.7%, according to...
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December Jobs Report And Weekly Initial Jobless Claims Could Be Good Omens For Economy
Tuesday, January 3, 2017 - 3:39pm | 241Read More...The U.S. Bureau of Labor Statistics will release its first jobs report of 2017 on Friday, which covers the final month of 2016. December Jobs Report According to Bloomberg, the following data sets can be expected: Non-farm payrolls to rise 151,000 to 210,000 from November's level. Unemployment to...
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Unemployment Rate Ticks Higher While Nonfarm Sector Adds More Jobs Than Expected, Private Sector Disappoints
Friday, April 1, 2016 - 11:36am | 142Read More...U.S. equity indices were nearly flat after 90 minutes of trading on Friday as the unemployment rate ticked higher but the nonfarm sector added more jobs than expected. The Dow Jones and Nasdaq indices were higher by 0.11 percent and 0.16 percent, respectively. At the same time, the S&P 500...
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NABE Economists Downgrade 2015 Growth Outlook
Monday, June 8, 2015 - 11:07am | 380Read More...The National Association for Business Economics released its June Outlook Survey on Monday. The entire findings can be seen here. Here are some of the key findings: Full Year 2015 GDP Growth Slashed The forecast for the annualized growth rate for 2015 was slashed to 2.4 percent growth from...
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Exclusive: 3 Economic Experts Preview December's Payroll Data
Friday, January 9, 2015 - 9:10am | 299Read More...December's non-farm payroll data will be released at 8:30 a.m. on Friday. Change in nonfarm payrolls for December is expected to read 240,000 versus a reading of 321,000 in November. Private payrolls is expected to read 228,000, versus a reading of 314,000 in November. The unemployment rate...
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Thursday's Selling Momentum Continues Into Friday
Friday, August 1, 2014 - 4:33pm | 2380Read More...U.S. stocks picked up where they left off after Thursday's sharp sell-off as positive earnings reports yet again took a backstage to geo-political uncertainties. Not helping the bull cause was nonfarm payrolls, rising by 209,000, less than the 233,000 expected. The jobless rate also ticked...
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Market Wrap For February 7: Jobs Report Not Great, But Not Too Bad
Friday, February 7, 2014 - 5:36pm | 3052Read More...U.S. stocks rallied for the second straight day, ending a tumultuous week on a positive note as investors found more positives than negatives in today's job reports. "It was bad, but not that bad," an investment officer at Wells Fargo told CNBC. "We've made some progress here, we still think we...
