Stocks News

Germany’s service sector declines with PMI at 47.6 amid costs and tensions, while manufacturing slowly recovers, PMI at 45.4 despite pressures.

Netflix (NFLX) shares jump after hours, revenue hits $8.83B, surpassing estimates despite a slight miss in EPS, showcasing market strength.

BTC and the broader crypto market were in negative territory this week. Profit-taking and easing bets on a March Fed rate hike likely contributed.

While housing starts declined, building permits surprised analysts by rising in December, indicating underlying strength in the housing sector.

NY State business activity plunges to -43.7, lowest since May 2020. New orders, shipments down; employment, workweek dip; input prices rise.

Davos 2024 tackles trust, crypto mainstreaming, and uncertain global forecasts, urging sustainable growth strategies.

BTC-spot ETF-related news left BTC in negative territory going into Saturday. However, XRP was on the rise amidst XRP-spot ETF-related chatter.

U.S. PPI falls 0.1% in December with a diesel plunge and core PPI stability, offset by gasoline and service sector hikes.

December CPI up 0.3%, annual at 3.4%; Core CPI stable with 0.3% rise; Energy costs down 2%, balancing rising food prices.

December CPI crucial for Federal Reserve’s immediate rate decisions with a rise causing market volatility and a drop spurring growth and rate cuts.

U.S. trade deficit narrows in November with lower exports and imports, marking a year-to-date 18.4% decrease.

January’s Sentix Indicator shows the Eurozone’s third consecutive rise to -15.8 points, signaling cautious optimism.

It has been a choppy week for the crypto market. Rumors of the SEC planning to reject or delay approvals sent the crypto market into negative territory.

US labor market sees remarkable growth with nonfarm payrolls rising by 216,000, surpassing expectations.

December’s private payrolls surpass expectations with 59,000 leisure sector jobs, amid concerns over slowing wage growth, according to ADP.

November 2023 saw a stable US job market with steady job openings at 8.8 million and consistent quits and layoffs, despite minor shifts in professional services hiring.

Eurozone manufacturing sector finishes 2023 with another strong reduction in output.

A ruling from the SEC v Terraform Labs case impacted buyer appetite for cryptos. However, progress toward the BTC-spot ETF market remains a tailwind.

Unexpected rise in unemployment claims indicates a shifting job market, despite a stable four-week average and mixed state trends.

Fed’s possible 2024 rate cuts could boost interest-sensitive sectors, tech, and consumer stocks, urging diversified investment strategies.