If it just seems like the first Friday of the month wasn't the same without being able to pore through the Bureau of Labor Statistics' hotly watched monthly jobs report, don't worry. You probably didn't miss much. While the BLS has gone dark with the shutdown in Washington, other reports outside the government data suggest the labor market just plodded along in September. The Dow Jones consensus forecast was for growth of 51,000 in nonfarm payrolls with the unemployment rate holding steady at 4.3%. High-frequency data that includes job postings, private payrolls and state-by-state figures...
U.S. stocks rise as investors greet the appointment of Scott Bessent to lead the Treasury Department, on hopes he could blunt some potentially inflationary policies. Super Micro Computer adds 16% to a winning streak started when it cleared a regulatory issue with Nasdaq and rose 78% last week. Bath & Body Works rises 17% after the retailer beats earnings forecasts and raises its guidance. Treasury yields and the dollar decline, ahead of a heavy flow of data before Thanksgiving. The DJIA gains 440 points, or 1%, to 44737, its 45th record this year. The S&P and Nasdaq rise slightly,...
European stocks closed slightly higher Monday, buoyed by positive sentiment stateside. The pan-European Stoxx 600 ended 0.14% higher, with most sectors and major bourses in the green. Household goods and mining stocks led gains, both adding 1.21%, while oil and gas stocks fell 1%. Source: CNBC
The Dow Jones Industrial Average and S&P 500 touched new records on Monday, kicking off the shortened trading week as investors cheered President-elect Donald Trump's choice for Treasury secretary. The blue-chip Dow traded 382 points, or 0.9%, higher, while the broad S&P 500 gained 0.4%. Both hit new all-time highs in the session. The Nasdaq Composite added 0.5%. Monday brought a broad market rally as investors cheered Trump's plan to nominate Key Square Group founder Scott Bessent as Treasury secretary. More than 4 out of 5 S&P 500 stocks traded higher in the session, and the...
U.S. stocks climbed Monday as investors cheered President-elect Donald Trump's choice for Treasury secretary ahead of a shortened Thanksgiving trading week. The Dow Jones Industrial Average traded 460 points higher, or 1%. The S&P 500 gained 0.8%, and the Nasdaq Composite climbed 1%. Monday brought a broad market rally as investors applauded Trump's plan to nominate Key Square Group founder Scott Bessent as Treasury secretary. More than 450 S&P 500 stocks traded higher in the session, while the small cap-focused Russell 2000 advanced more than 1.5%. Investors viewed the pick...
Hong Kong stock market ended lower on Monday with the benchmark Hang Seng Index down 0.41 percent to close at 19,150.99 points. The Hang Seng China Enterprises Index fell 0.36 percent to end at 6,862.2 points, and the Hang Seng Tech Index edged down 0.26 percent to 4,235.31 points. Source : CTX
Asia-Pacific markets traded higher, tracking Wall Street gains overnight.
Japan's benchmark Nikkei 225 rose 0.41% after hitting a fresh record high on Thursday, while the Topix added 0.61%. South...
Both the STOXX 50 and STOXX 600 hovered around the flatline on Friday, as investors adopted a cautious stance ahead of further developments in trade talks between US President Trump and Chinese...
The U.S. government shut down much of its operations on Wednesday as deep partisan divisions prevented Congress and the White House from reaching a funding deal, setting off what could be a long,...