Stocks rose Wednesday after the S&P 500 posted a third losing session, as investors weighed newly released U.S. economic data.
The S&P 500 traded 0.1% higher along with the Nasdaq Composite. The Dow Jones Industrial Average climbed 146 points, or 0.3%.
The U.S. Bureau of Labor Statistics released early Tuesday its November job report, which also included data from October. The findings pulled back the curtain on the U.S.′ economic health following a federal data backup caused by the U.S. government shutdown this fall.
The report showed the U.S. economy shed 105,000 jobs in October, while the unemployment rate rose to 4.6% — its highest level since September 2021. However, 64,000 jobs were added in November, topping the Dow Jones consensus estimate of 45,000.
The S&P 500 dropped 0.2% and the 30-stock Dow fell 302 points, or 0.6%, on Tuesday as investors digested the data. It was the third consecutive negative day for both indexes.
Source : CNBC.com
European stocks opened mixed on Friday (December 19th), as investors digested a number of interest rate decisions and awaited crucial budget talks in France. Regional investors were shaken by a day f...
Asia-Pacific stock markets opened higher on Friday, as investors awaited a key decision from the Bank of Japan (BOJ). Markets expect the BOJ to raise interest rates to 0.75%, the highest level since 1...
US stocks rose on Thursday, with the S&P 500 gaining 0.8%, the Nasdaq climbing 1.4%, and the Dow Jones adding about 66 points, after latest data showed inflation rate unexpectedly decreased. The a...
European stocks finished in positive territory on Thursday as traders positioned for central bank decisions today. The pan-European Stoxx 600 was almost 1% higher at the close of the session.Markets ...
Stocks rose on Thursday as Wall Street weighed the latest inflation data, which came in lighter-than-expected.The Dow Jones Industrial Average traded 339 points, or 0.8%. The S&P 500 popped 1.1%, ...
Oil prices are headed for a second weekly decline as concerns over a growing oversupply outweigh geopolitical risks to supply. Brent crude edged up to $60 a barrel on Friday but is still down about 2% for the week, while West Texas Intermediate is...
President Vladimir Putin said he is willing to discuss ending Russia's war in Ukraine, despite rejecting changes sought by Kyiv and Europe to the U.S. peace plan drafted with Moscow. Putin said he has "practically agreed" to the proposals to end...
Gold prices fell slightly on Friday (December 19), pressured by a stronger dollar and year-end investor positioning, but are poised to end the week higher as weaker US inflation data raised speculation of an interest rate cut. Spot gold prices...
Fed Governor Christopher Waller said Wednesday that the Fed is in no rush to cut interest rates, given the current outlook, according to...
The Bank of Japan (BOJ) is expected to raise interest rates on Friday to a three-decade high, from 0.5% to 0.75%, signaling readiness for further...
European stocks closed lower on Tuesday, with the STOXX 50 down 0.5% and the broader STOXX 600 slipping 0.4%, as optimism around Russia–Ukraine...
The United States ordered a blockade of Venezuelan oil tankers because the Trump administration believes President Nicolás Maduro's regime is acting...