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S&P 500 notches record high close driven by Broadcom, other chipmakers
S&P 500 closed at a record as chip stocks surged and a weak jobs report kept expectations for Federal Reserve rate cuts intact.
Dollar gains against major currencies following U.S. jobs data
NEW YORK, Jan 9 (Reuters) – The dollar gained on Friday after data showed slower than expected U.S. jobs growth, suggesting the Federal Reserve could leave interest rates unchanged later this month. Financial markets had been bracing for a probable Supreme Court decision that could strike down President Donald Trump’s tariffs. But the court will […]
Dollar climbs to start 2026 after biggest annual drop in eight years
LONDON, Jan 2 (Reuters) – The U.S. dollar kicked off 2026 on a stronger note on Friday after struggling against most currencies last year, as traders awaited a flurry of U.S. economic data next week, including several reports on the labor market, to gauge the path of interest rates. A narrowing interest rate difference between […]
Wall St ends mixed after paring earlier losses
U.S. stocks closed mixed as the Nasdaq rose and the Dow fell, with investors weighing delayed jobs data and the Fed’s 2025 outlook.
Unemployment rate rises, signaling weakness in the economy
The economy is flashing new warning signs, as the U.S. labor market shed jobs over October and November, and the unemployment rate ticked up to 4.6 percent, the highest level since 2021. Job gains of 64,000 in November exceeded expectations but only partially offset the loss of 105,000 jobs in October. Those losses, the sharpest […]
Investors eager for delayed data to shed light on US economy
Delayed U.S. jobs and inflation reports will give markets fresh clarity after a government shutdown as investors assess Fed policy and year-end risks.
Fed’s preferred inflation gauge stayed elevated in September as spending weakened
Inflation stayed steady in September, easing the path for a possible Fed rate cut next week as consumer spending slows and job losses rise.
Stocks sway as Nvidia earnings, jobs report test markets
NEW YORK (AP) — The U.S. stock market is swinging through another unsettled day of trading on Wednesday, ahead of a huge couple of tests for Wall Street. The S&P 500 added 0.2% after veering between a small loss and a leap of 1.1% earlier in the day. The index is coming off a four-day losing […]
Shutdown delays full October jobs report, Labor Dept. says
The Labor Department says the October jobs report won’t be released after the shutdown halted data collection.
Lack of jobs data due to government shutdown muddies the outlook for hiring and the economy
The government shutdown has delayed September’s jobs report, forcing economists and the Fed to rely on private data to gauge hiring trends.
Shutdown halts key economic data as Fed weighs rate cuts
The government shutdown delays jobs and inflation reports, leaving the Fed with less data as it considers more rate cuts.
Wall Street rises as tech stocks rebound ahead of jobs data
NEW YORK (AP) — Wall Street ticked higher on Monday as technology stocks recovered some of their losses from late last week. The S&P 500 added 0.3%. The Dow Jones Industrial Average rose 68 points, or 0.1%, and the Nasdaq composite climbed 0.5%. All three are near their all-time highs set a week ago. Big Tech stocks ticked […]
