Stock Market Pops After Latest Jobs Report, But New Data Shows Key Sectors Contracting
On Friday morning, the U.S. Labor Department released the latest jobs report for the month of December, and the stock market took the news positively.
Fed’s Bullard Thinks Probability Of Soft Landing Is Up This Year: ‘Fight Inflation Now…Get It Back To 2%’
St. Louis Federal Reserve President James Bullard has reportedly expressed optimism that 2023 could finally bring relief from inflation and that the risk of a U.S. recession has come down in recent weeks.
Nasdaq, S&P 500 Futures Narrowly Mixed Ahead Of Friday’s Jobs Data: Analyst Sees Fed Retaining ‘Rate-Raising Bias’ If Number Remains Strong
U.S. stocks look set for another nervous start on Friday, as the index futures traded narrowly mixed. The mood reflects the apprehensions of traders as they look forward to each piece of incoming economic evidence to draw cues on the Fed rate outlook.
IMF’s Gita Gopinath Says Too Early For Fed To Announce Victory Against Inflation: ‘We Haven’t Turned The Corner Yet’
International Monetary Fund Deputy Managing Director Gita Gopinath has reportedly warned that the U.S.
Jobs Report To Come In Strong On Friday: Here’s Why The Stock Market Won’t Like It
A new jobs report will be released on Friday morning by the U.S. Bureau of Labor Statistics and investors are eagerly waiting to see the results.