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Thread: Market News

  1. #2293

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    Default Re: Market News

    First-time claims for unemployment insurance jumped to 965,000 last week amid signs of a slowdown in hiring due to pandemic restrictions, the Labor Department reported Thursday.
    The total was worse than Wall Street estimates of 800,000 and above the previous week’s total of 784,000.
    Weatherweenie's Account Talk
    Teddy Roosevelt: Patriotism means to stand by the country. It does not mean to stand by the president or any other public official. Retired on November 30, 2023 with 30+ years of service.

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  3. #2294

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    Default Re: Market News

    Fed says it will hold off on rate hikes through 2023

    Weatherweenie's Account Talk
    Teddy Roosevelt: Patriotism means to stand by the country. It does not mean to stand by the president or any other public official. Retired on November 30, 2023 with 30+ years of service.

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  5. #2295

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    Default Re: Market News

    U.S. weekly jobless claims total 719,000, vs 675,000 estimate

    Weatherweenie's Account Talk
    Teddy Roosevelt: Patriotism means to stand by the country. It does not mean to stand by the president or any other public official. Retired on November 30, 2023 with 30+ years of service.


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  7. #2296

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    Default Re: Market News

    Job growth boomed in March at the fastest pace since last summer as stronger economic growth and an aggressive vaccination effort pushed companies to step up hiring, the Labor Department reported Friday.
    Nonfarm payrolls increased by 916,000 for the month while the unemployment rate fell to 6%.


    Economists surveyed by Dow Jones had been looking for an increase of 675,000 and an unemployment rate of 6%.
    Weatherweenie's Account Talk
    Teddy Roosevelt: Patriotism means to stand by the country. It does not mean to stand by the president or any other public official. Retired on November 30, 2023 with 30+ years of service.

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  9. #2297

    Default Re: Market News

    Quote Originally Posted by weatherweenie View Post
    Job growth boomed in March at the fastest pace since last summer as stronger economic growth and an aggressive vaccination effort pushed companies to step up hiring, the Labor Department reported Friday.
    Nonfarm payrolls increased by 916,000 for the month while the unemployment rate fell to 6%.


    Economists surveyed by Dow Jones had been looking for an increase of 675,000 and an unemployment rate of 6%.
    FED pumping Billions into the economy...jobs recovering even faster than expected.
    Stay out of stocks, at ones own peril.
    CURRENTLY 100% G (as of COB 03/18/2024) 1st March IFT

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  11. #2298

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    Default Re: Market News

    Treasury Secretary Yellen says rates may have to rise somewhat to keep economy from overheating

    Weatherweenie's Account Talk
    Teddy Roosevelt: Patriotism means to stand by the country. It does not mean to stand by the president or any other public official. Retired on November 30, 2023 with 30+ years of service.

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  13. #2299

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    Default Re: Market News

    Inflation surges in April as consumer prices leap 4.2%, fastest since 2008

    Weatherweenie's Account Talk
    Teddy Roosevelt: Patriotism means to stand by the country. It does not mean to stand by the president or any other public official. Retired on November 30, 2023 with 30+ years of service.

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  15. #2300

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    Default Re: Market News

    Weekly jobless claims total 385,000, vs 393,000 estimate

    Weatherweenie's Account Talk
    Teddy Roosevelt: Patriotism means to stand by the country. It does not mean to stand by the president or any other public official. Retired on November 30, 2023 with 30+ years of service.

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  17. #2301

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    Default Re: Market News

    U.S. added 559,000 jobs in May, vs 671,000 estimate

    Weatherweenie's Account Talk
    Teddy Roosevelt: Patriotism means to stand by the country. It does not mean to stand by the president or any other public official. Retired on November 30, 2023 with 30+ years of service.

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  19. #2302

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    Default Re: Market News

    Consumer prices jump 5% in May, fastest pace since the summer of 2008

    Weatherweenie's Account Talk
    Teddy Roosevelt: Patriotism means to stand by the country. It does not mean to stand by the president or any other public official. Retired on November 30, 2023 with 30+ years of service.

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  21. #2303

    Default Re: Market News

    Jobless claims show surprise increase to highest level in a month

    Initial jobless claims totaled 412,000 last week, an increase of 37,000 from the previous week and higher than the 360,000 estimate.

    Essentially all the increase came from Pennsylvania and California.

    A separate manufacturing report by the Philadelphia Fed was higher than expected, with inflation-related indexes at their highest levels in 40 years.
    https://www.cnbc.com/2021/06/17/us-w...ss-claims.html
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.

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  23. #2304

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    Default Re: Market News

    First-time filings totaled 411,000 for the week ended June 19, a slight decrease from the previous total of 418,000 and worse than the 380,000 Dow Jones estimate.
    Weatherweenie's Account Talk
    Teddy Roosevelt: Patriotism means to stand by the country. It does not mean to stand by the president or any other public official. Retired on November 30, 2023 with 30+ years of service.


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