Unemployment claims fall below 200,000 in good economic news
WASHINGTON – The number of Americans claiming unemployment benefits has fallen below 200,000, further proof that the labor market remains strong in the wake of last year’s coronavirus recession. Unemployment claims fell from 8,000 to 198,000, the Labor Department reported Thursday. The four-week average, which dampens week-to-week volatility, fell to just over 199,000, the lowest …
Economic data puts the euro and the dollar in the spotlight
Early in the day: It’s a particularly calm start to the day on the economic calendar this morning. There are no major statistics for the markets to consider during the Asian session. Major At the time of this writing, the Kiwi Dollar was up 0.16% to $ 0.6841, and the Australian Dollar 0.10% to $ …
Limited economic data due to Christmas holidays
The Christmas holidays mean the UK and EU are unwilling to release major economic data this week, while the US only has a handful. we Tuesday, after Boxing Day, marks the start of any major data release in the United States, as the Housing Price Index is released. This is an important indicator because the …
Stock futures climb after strong economic data helps allay Omicron concerns
The S&P 500 closed at a record high Thursday in a pre-holiday rally with the Dow and Nasdaq, supported by positive data suggesting the Omicron variant was less likely to lead to hospitalizations. The indices recouped losses from the start of the week after investors shrugged off fears that the variant would delay the economic …
US stocks rise as investors assess economic data and mitigate Omicron risks ahead of Christmas
Johannes Eisele / Getty Images US stocks rise Thursday before investors leave for the Christmas holidays. A lot of economic data has arrived, including weekly jobless claims which hold steady at 205,000. The Fed’s preferred inflation indicator was ahead of expectations. US stocks rose on Thursday, hitting a third straight day of gains as investors …
Stock Futures Rise Amid A Flurry Of Economic Data
The three main landmarks are higher before the bell Dow Jones Industrial Average (DJI) futures are up 80 points at last check, while futures on the Nasdaq-100 Index (NDX) and S&P 500 Index (SPX) are also on the rise, with all three benchmarks looking to add further gains to their consecutive wins. Core inflation rose …
US economic data and US markets to provide direction
Major It was another bullish day for European majors on Wednesday. The CAC40 appreciated by 1.24%, with the DAX30 and EuroStoxx600 increasing by 0.95% and 0.92% respectively. As of midweek, investors continued to dismiss Omicron updates as tech stocks were on the move. On the economic data front, upward revisions to US GDP figures and …
Shares close higher thanks to approval of Pfizer Covid-19 treatment, Economic News
Shares ended higher on Wednesday, bolstered by emergency Pfizer approval (PFE) – Get the Pfizer Inc. Covid-19 pill and optimistic economic reports. The Dow Jones Industrial Average finished up 261 points, or 0.74%, at 35,753, while the S&P 500 was up 1.02% and the tech-rich Nasdaq gained 1.18%. The United States Food and Drug Administration …
US economic data and Omicron at a glance
German consumer confidence figures and the euro zone did not weigh on the European majors. Rising consumer prices and the reintroduction of COVID-19 restrictions have resulted in lower consumer confidence. From the United States, there were no major statistics that day to provide guidance at the end of the semester, leaving the US majors to …
KBC Group: Mobile now adds daily financial and economic news to its services.
KBC Mobile now adds daily financial and economic news to its services. The economic newspapers De Tijd / L’Echo, VRT NWS and KBC economists provide KBC Mobile users with a selection of topical articles. Monday, December 20, 2021 – Consumers are increasingly looking for understandable and reliable sources of information to improve their knowledge of …