Stocks Falter Following Stronger-Than-Expected Jobs Report
Stocks closed lower on Friday, thereby stalling their recent rally as February's jobs report exceeded Wall Street Expectations. 275,000 jobs were added last month, with the unemployment rate rising to 3.9%; its first increase in four months.
The benchmark S&P 500 slumped by 0.7%, retreating...
Jobs Report Expected to Show Hiring Slowdown
The Bureau of Labor Statistics is set to release the U.S. Jobs Report for February on Friday morning, with investors eagerly awaiting this data as a means of gauging the health of the U.S. jobs market and whether January's surprise pickup will indeed sustain.
Nonfarm...
Investors Brace for February Jobs Report and Fed Chair Testimony
Investors are anxiously bracing themselves for the release of the February U.S. Jobs Report this coming week, along with the semi-annual testimony by Federal Reserve President Jerome Powell on Capitol Hill. This comes after the S&P 500 and the tech-heavy Nasdaq Composite wrapped up...
Futures Slip Ahead of Key U.S. Jobs Data
U.S. and European futures both declined on Friday as investors brace for the latest round of US jobs data later in the day. This data is expected to be critical in investors' forecasts for the timing and pace of the Federal Reserve's interest rate...
Stocks Hit Six-Week Winning Streak Following Strong Jobs Report
Stocks closed the first week of trading in December on a win, thereby securing their sixth consecutive winning week. This comes after the Bureau of Labor Statistics released a strong U.S. monthly jobs report for November.
The Dow Jones Industrial Average gained 0.3% on Friday,...
November Jobs Report Expected to Show Resurging Job Growth
November's jobs report is set to be released later on Friday, with Wall Street analysts expecting a rebound in job growth to be depicted. The addition of 185,000 nonfarm payrolls is expected from the Bureau of Labor Statistics report, up from a 150,000 rise...