USA Markit Services PMI for Nov 58.000 vs 57.000 Prior
USA Markit Services PMI for Nov 58.000 vs 57.000 prior reading.
USA Nonfarm Payrolls for Nov 210.000K vs 550.000K Est; Prior Revised from 531.000K to 546.000K
USA Nonfarm Payrolls for Nov 210.000 thousand vs 550.000 thousand consensus estimate. The prior reading was revised from an initial 531.000 thousand to 546.000 thousand.
USA Continuing Claims for Nov 19 1.956M vs 2.000M Est; Prior Revised from 2.049M to 2.063M
USA Continuing Claims for Nov 19 1.956 million vs 2.000 million consensus estimate. The prior reading was revised from an initial 2.049 million to 2.063 million.
Here’s How Stocks Have Performed Under Fed Chair Jerome Powell, So Far
For investors who took a break from the market during Thanksgiving week, one of the biggest Wall Street headlines they may have missed was U.S. President Joe Biden’s decision to renominate Federal Reserve Chairman Jerome Powell for a second term in the position as the Fed begins its post-COVID-19 pandemic tightening program.
‘Retire’ The Word ‘Transitory’: Powell Inflation Testimony Shakes Stock Market
The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower by 1.8% on Tuesday after Federal Reserve chair Jerome Powell changed his tune on the outlook for U.S. inflation.
Elon Musk’s Sanders Dig And Dogecoin Support, Apple Patent, Fed Rate Hike Prediction, Bitcoin Taproot Upgrade: 5 Headlines You May Have Missed From The Weekend
Heading into a new trading week, here is a quick roundup of the top five stories from the technology, corporate and cryptocurrency sectors that investors would not want to miss out on from the weekend.
Is The US Entering A Millennial Baby Boom?
The COVID-19 pandemic ushered in some demographic shifts in the U.S., and one of the major changes was a surge in younger Americans moving out of downtown apartments and buying homes in the suburbs and other rural areas.
On Tuesday, Bank of America analyst Robert Ohmes said one of the fallouts from the surge in Millennial home buying is the potential for a subsequent baby boom.
USA CPI (YoY) for Oct 6.200% vs 5.300% Est; Prior 5.400%
USA CPI (YoY) for Oct 6.200% vs 5.300% consensus estimate. The prior reading was 5.400%.