jobless claims
Stock market losses after Ukraine invasion moderate on economic news – 24/7 Wall St.
Invest February 24, 2022 10:49 a.m. US markets opened sharply lower on Thursday morning as traders rushed into stocks and invested in safeties like bonds and gold. The Dow Jones Industrialists and the S&P 500 opened down about 2.5%, while the Nasdaq was down more than 3% at the opening bell. In the first half …
Economic data set for Thursday
The fourth quarter gross domestic product report is scheduled for release at 8:30 a.m. ET. The country’s GDP is expected to grow by 7% in the fourth quarter, according to the second estimate. Data on initial jobless claims for the past week will be released at 8:30 a.m. ET. Analysts expect jobless claims to fall …
The Weekly Wrap – Russia and Ukraine eclipse economic data
Statistics It’s been a busy week on the economic calendar in the week ending 18and February. A total of 66 stats were monitored, following 31 stats the previous week. Of the 66 statistics, 33 are ahead of forecasts, with 26 economic indicators below forecasts. There were 7 stats that were in line with the forecast …
Economic forecasts and economic data put the euro and the dollar in the spotlight
Early in the day: It’s a particularly quiet start to the Asian session on the economic calendar. There are no major statistics for the markets to consider at the start of the day. The Majors At the time of writing, the kiwi dollar fell 0.04% to $0.6681, with the japanese yen down 0.01% to ¥115.530 …
The week ahead – Central bank chatter, economic data and geopolitics in brief
On the macro It’s a quiet week ahead on the economic calendar, with the XX stats at the center of the week ending on the 11th.and February. The previous week, 76 statistics had been developed. For dollars: At the beginning of the week, the statistics are limited to December trade data which will have a …
Heavy markets, a multitude of economic data expected
Markets are heavy today with a rush of data ahead with gross domestic product data from the Eurozone and Italy, the Spanish consumer price index and construction data from Japan coming arrive today. Precious metals extended their gains in another session while oil joined them up more than 0.7%. Natural gas continues another session in …
Stocks jump after strong economic data
Major Wall Street indexes jumped at Thursday’s open on upbeat data from Washington that pointed to a strengthening economic recovery. The Dow Jones Industrial Average gained more than 550 points, or 1.6% in morning trade, while the S&P 500 and Nasdaq also each climbed higher after a rocky session on Wednesday after the Federal Reserve …
US stocks could see early strength on upbeat economic news
(RTTNews) – Following the pullback seen at the end of the previous session, stocks are expected to rally higher in early trading on Thursday. Major index futures are currently pointing to a higher open for markets, with the Dow Jones futures contract up 68 points. Early buying interest could be generated in reaction to a …
Dollar Little Changed as Treasury Yields Fall, Economic Data Disappoints Business & Finance
• Unemployment insurance claims, home sales data disappoints • Jump in cryptocurrencies NEW YORK: The dollar pared its earlier gains on Thursday as the bullish trajectory for US Treasury yields this week took a break. The greenback edged lower after weekly jobless claims unexpectedly hit a three-month high. A separate report showed that US second-hand …
Eurozone economic data shows mixed results for the euro
It was a busier day on the Eurozone economic calendar. The final December inflation figures for the Eurozone and German headline inflation figures were the focus of concern. Eurozone inflation In December, the euro zone’s annual inflation rate rose from 4.9% to 5.0%, which was in line with preliminary figures. On a monthly basis, consumer …
Tough week for tech amid economic data and rising interest rates
The tech saw a massive sell-off this week It’s been a volatile week on Wall Street, with technology in the spotlight for most of it. On Monday, the Dow Jones Industrial Average (DJI) recorded its fourth consecutive defeat, and the S&P 500 (SPX) its fifth, while the Nasdaq went into the black late in the …
The Weekly Wrap – COVID-19, Fed Economic Data and Monetary Policy Delivered Choppy Week
Statistics It has been a particularly busy week on the economic calendar, the week ending on the 7the January. A total of 63 statistics were monitored, up from 15 the previous week. Of the 63 statistics, 34 are ahead of expectations, with 23 economic indicators below expectations. There are 6 stats that were in line …
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 …
The week ahead – Economic data is once again the center of attention after last week’s central bank action
On the macro It’s a quiet week ahead on the economic calendar, with 32 stats at a glance during the week ending 24e December. During the previous week, 87 statistics had been finalized. For the dollar: Finalized 3e GDP for the quarter and weekly jobless claims will be the focus of concerns mid-week. Expect unemployment …
Flurry of economic data | Nasdaq
The indices continue to ride the post-Fed meeting wave of the upside in pre-market activity today, as the acceleration in asset purchases in early 2022 was greeted with understanding and relief yesterday afternoon. “Understanding†because this Fed decision was indicated weeks ago by Fed Chairman Powell; “Relief” because the Fed bothered yesterday to say that …
Economic data puts euro and USD front and center, with COVID-19 updates also key
Early in the day: The start of the day on the economic calendar was relatively busy this morning. The Australian dollar was in action this morning. For the Australian dollar It has been a relatively busy morning, with retail sales finalized and business data in focus. Retail sales rose 4.9% in October, in line with …
The week ahead – Central bank discussion, economic data and COVID-19 at a glance
On the macro It’s a particularly busy week on the economic calendar, with 78 stats featured in the week ending 3e December. During the previous week, 49 statistics had been finalized. For the dollar: Earlier this week, consumer confidence will be the focus ahead of non-farm and manufacturing ADP data on Wednesday. Expect the most …
Stocks fall amid fears of new variants; Mostly positive economic data
Shares ended this short week with a sharp drop in concerns over a new variant of the coronavirus. Friday’s drop came in a holiday shortened session typically characterized by light volume, so it’s hard to say if the market reaction would have been this harsh in a normal session. The S&P 500 had gained 0.11% …
Rtl today – Strong economic data: stocks rise mainly after good US data
Major stock markets rose mainly on Thursday following data confirming a strong economic recovery in the United States. Frankfurt added 0.3% as traders focusing on Germany eventually struck a deal to form a new government. This helped offset news that Europe’s largest economy had lowered its growth estimate for the third quarter amid rising Covid …
Gold Dips Against Stronger Dollar, Investors Consider Data Explosion
(Add a comment, update the prices) * 2nd estimate of US GDP for the 3rd quarter, first jobless claims at 13:30 GMT * FOMC to publish minutes of political meeting on 2-3 November Nov. 24 (Reuters) – Gold prices fell on Wednesday, forecast for a fifth straight session of losses as the US dollar strengthened …
The week ahead – COVID-19, economic data and monetary policy at a glance
On the macro It’s a relatively busy week on the economic calendar, with 49 stats at the center of the week ending 26e November. During the previous week, 60 statistics had been finalized. For the dollar: Earlier this week, the preliminary private sector PMIs for November will be the focus of discussions on Tuesday. While …
The Weekly Wrap – Discussion of lockdowns and economic data provided with dollar backing
Statistics It was a busier week on the economic calendar, in the week ending 19e November. A total of 60 statistics were monitored, up from 39 the previous week. Of the 60 statistics, 36 are ahead of forecast, with 16 economic indicators below expectations. There were 8 stats that were in line with the week’s …
Economic data puts the greenback at the center of central bank chatter
The day to come For the euro It is a particularly calm day on the economic calendar. There are no important statistics from the euro area to give direction to the euro. While there are no statistics, however, central bank chatter will attract interest. ECB members Panetta, Fernandez-Bello and Lane are expected to speak to …
Flurry of Economic Data – November 10, 2021
Two key economic readings greet us this morning, the initial and ongoing jobless claims (which typically come out every Thursday morning, but have moved a day earlier due to Veterans Day tomorrow) and the Consumer Price Index (CPI) for October, which tracks yesterday’s Producer Price Index (PPI). Together they represent a very good “real time†…
Statement by President Biden on today’s economic news
Today we received two economic news which underscores that our recovery continues to progress, but that we also have more work to do before our economy returns to normal. First, on employment, we learned that we have experienced six consecutive weeks of declining new jobless claims. The number of workers losing their jobs is at …
The week ahead – Economic data brings inflation back to the fore
For the dollar: At the start of the week, inflation figures will be in the spotlight. Expect a lot of interest, with any further spikes that may call the Fed’s transitional view into question. Jobless claims will also be key on Thursday ahead of JOLT’s job postings and consumer confidence figures on Friday. Following the …
US stocks post weekly gains amid profits and economic data
NEW YORK, Oct. 30 (Xinhua) – US stocks rose during the week as Wall Street assessed a series of earnings reports and economic data. For the week ending Friday, the Dow Jones gained 0.4%, the S&P 500 rose 1.3% and the Nasdaq Composite rose 2.7%. For October, the Dow Jones climbed 5.8%, while the S&P …
US stocks rally amid earnings and economic data
NEW YORK, Oct. 28 (Xinhua) – US stocks rose on Thursday as investors analyzed a plethora of earnings reports and economic data. The Dow Jones Industrial Average rose 239.79 points, or 0.68%, to 35,730.48. The S&P 500 rose 44.74 points, or 0.98%, to 4,596.42. The Nasdaq Composite Index rose 212.28 points, or 1.39%, to 15,448.12. …
Economic data forecast for Thursday
Data on initial jobless claims for the past week will be released at 8:30 a.m. ET. Analysts expect jobless claims to rise to 300,000 for the week of October 16, from 293,000 the week before. The Philadelphia Fed Manufacturing Index for October is expected to be released at 8:30 a.m. ET. The index is expected …
Markets with strong earnings and economic data: Top 5 picks
Wall Street rebounded in the first half of October after a devastating September in which major stock indexes experienced the biggest drop in a decade. October is also known for its fluctuating business model. Despite this, since the start of the month, the three major stock indexes – the Dow, the S&P 500 and the …
US stocks: Wall Street ends sharply higher as earnings and economic data raise optimism
NEW YORK: US stocks surged Thursday as companies such as Morgan Stanley and UnitedHealth advanced after strong results, while labor market data and inflation eased concerns over rate hike prospects . The tech sector gave the S&P 500 its biggest boost, with shares of Microsoft Corp and Apple Inc rising. Shares of Citigroup, Bank of …
Wall Street posts modest weekly gains with debt cap, key economic data at a glance
U.S. equities posted modest gains over the past week as investors pored over updates on the debt ceiling deadlock in Washington, while digesting a slew of key economic readings. For the week ending Friday, the Dow Jones rose 1.2%, while the technology-rich S&P 500 and Nasdaq Composite climbed 0.8% and 0.1%, respectively. The S&P US …
Economic data highlights euro, loonie and greenback
Early in the day: The start of the day on the economic calendar was particularly calm this morning. There were no major statistics for the early morning markets to take into account. Major As of this writing, the Japanese yen was down 0.03% to 111.440 yen against the US dollar, while the Australian dollar was …
Good economic news prompts GOP to use weird new talking points
For those who support the US economy, it has been a tremendous week. Initial jobless claims fell to a 15-month low; the Congressional Budget Office raised its projection for economic growth from 2021 to 7.4%; and the economy created 850,000 new jobs in June, well ahead of expectations. The same report showed an increase in …
Presidential election, economic news feeds stock market uncertainty
There is enormous uncertainty in the stock market as investors enter one of the biggest weeks in recent history. Tomorrow’s presidential election won’t just determine who sits in the White House. The results in Congress could also have a major impact on fiscal stimulus measures as the coronavirus threatens to shut down the economy again. …
Record GDP drop isn’t even the worst economic news of the day
What does a recovery look like? Photo: Spencer Platt/Getty Images During the Great Recession, US economic output fell 4% over an 18-month period. During the second quarter of this year, the production of our country fell by 9.5%. This is the largest quarterly drop in US GDP on record. As the New York Time illustratednothing …
Steven Fazzari: Prepare for some really bad economic news | Guest columnists
It quickly became clear that social distancing in response to the coronavirus pandemic will create serious economic fallout. Large parts of the US economy have almost completely shut down. New jobless claims have risen dramatically, eclipsing past records, both nationally and in Missouri. I analyzed data from several economic sectors most affected by the crisis. …