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...
The U.S. military is deploying more fighter aircraft to the Middle East and extending the deployment of other warplanes, bolstering U.S. military forces in the region as the war between Israel and Iran rages, three U.S. officials said. One of the officials said the deployments include F-16, F-22 and F-35 fighter aircraft. Two of the officials stressed the defensive nature of the deployment of fighter aircraft, which have been used to shoot down drones and projectiles. Source: Investing.com
Wall Street's main indexes opened lower on Tuesday as the Israel-Iran conflict entered its fifth day, denting global investor confidence ahead of the Federal Reserve's upcoming monetary policy decision. The Dow Jones Industrial Average, fell 156.5 points, or 0.37%, at the open to 42358.62. The S&P 500, fell 21.0 points, or 0.35%, at the open to 6012.15, while the Nasdaq Composite, dropped 74.1 points, or 0.38%, to 19627.082 at the opening bell. Source : Reuters
The Hang Seng lost 81 points or 0.3% to close at 23,980 on Tuesday amid broad sector losses, swinging from gains in the prior session. Sentiment weakened as U.S. stock futures tumbled after President Trump's abrupt exit from the G7 Summit in Canada, while Israel-Iran tensions extended into a fifth day. Investors also turned cautious ahead of the Fed's two-day policy meeting starting today, with a rate decision due Wednesday. While the board is expected to hold rates steady for a fourth straight time, geopolitical risks and rising oil prices could dampen hopes for near-term...
European stocks fell on Tuesday, with the STOXX 50 down 1% and the STOXX 600 down 0.8%, as fresh concerns over a potential escalation in the Israel-Iran conflict weighed on sentiment. The sell-off followed US President Trump's call for the evacuation of Tehran, and his early departure from the G7 summit, which fueled speculation that Washington may be preparing more forceful support for Israeli Prime Minister Benjamin Netanyahu's military operations. Meanwhile, Israeli attacks on Iranian targets, including missile storage sites and launch infrastructure, continued. Among the worst...
The Nikkei 225 index rose 0.59% to close at 38,537 while the broader Topix index gained 0.35% to 2,787 on Tuesday, extending gains from the previous session as investors reacted to the Bank of Japan's latest policy decision. As expected, the central bank kept its policy interest rate steady at 0.5% and signaled a more gradual approach to balance sheet reduction starting next year, reflecting a cautious approach toward withdrawing stimulus. BOJ Governor Kazuo Ueda stressed that policymakers are closely monitoring economic conditions, especially amid changing global trade dynamics, and left...
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,...