Stocks News

In July, the US economy’s job growth fell short of expectations, though average hourly earnings rose as unemployment dipped.

Inflation showed further signs of cooling in June, according to the PCE gauge released Friday that the Federal Reserve follows closely.

Economic resilience and strong job market support a soft-landing outlook, but wage inflation remains a concern allowing Powell to remain hawkish.

U.S. home prices surge in May with all 20 major metro markets reporting gains for the third consecutive month of positive growth.

Germany’s economy contracts as manufacturing, services slump in July; HCOB Flash Germany Composite PMI Output Index Drops below 50.

Big Tech giants Alphabet, Microsoft, and Amazon.com draw anticipation with focus on AI and cloud division performances.

It was a busy week for the crypto market, with SEC and US lawmakers grabbing the headlines as the markets consider the post-ruling outlook.

Mixed signals in June housing market: decline in permits, modest increase in single-family authorizations, notable decline in housing starts.

U.S. retail sales in June 2023 saw a modest 0.2% increase, falling short of the estimated 0.5% growth.

Mixed results as New York manufacturing held steady in July, with moderating prices and small employment gains.

Forward financial forecasting trumps backward-looking earnings, providing a more accurate assessment.

June saw a modest growth in the Producer Price Index (PPI) for final demand, signaling positive market trends.

June’s inflation rate showed a modest rise of 0.2%, providing consumers with some relief from price increases.

It was a busy week for the crypto market. Binance remained in the news headlines, with ETFs also in focus as Fed Fear resurfaced mid-week.

Nonfarm payroll employment in the U.S. rose by 209,000 in June, while the unemployment rate remained steady at 3.6 percent.

US private sector employment exceeds forecasts with 497,000 jobs added in June. ADP’s report shows healthy wage growth of 6.4% year-over-year.

It was a choppy Monday to Friday for the crypto market. Binance and SEC v Ripple-related news were a drag, while ETF updates delivered volatility.

Positive revisions in exports and consumer spending boost Q1 GDP growth, despite some sectors experiencing downward revisions.

US durable goods orders show strength in manufacturing as forecasts project stable growth for core orders, slight decline overall.

It has been a bullish week for the crypto market. ETF news delivered a breakout week while hawkish Fed chatter weighed on the NASDAQ Composite.