Stocks News

Jobless claims at highest since October 2021, signaling cooling labor market.

May data demonstrates positive growth in building permits, housing starts, and completions, boosting the real estate market with encouraging signs.

The NAHB said US homebuilder confidence reached its highest level in a year, driven by solid demand and improved supply chains.

It has been a bullish week for the crypto market, which is on target to end a two-week losing streak. However, headwinds remain.

The Producer Price Index (PPI) report showed a decline in May for final demand goods prices, driven by an energy sector and gasoline drop.

Highlights Inflation rate in May reaches lowest annual level in two years. Core inflation remains elevated at 5.3% compared to the previous year. Consistency with Dow Jones estimates reflects stability and accuracy. Inflation Rate Cools, Lowest in 2 Years In a positive development, the inflation rate in May showed signs

It is a big week ahead for the crypto market. While the US CPI Report and the Fed will influence, there could be a twist in the SEC v Ripple case.

It has been a busy week for the crypto market. The SEC makes up the lion’s share of the five things to know in crypto, leaving the market in the deep red.

Federal Reserve set to temporarily halt rate hikes as it evaluates economic impact.

US labor market eases as first-time unemployment claims increase to 261,000, rising by 28,000 during the previous week.

It is a busy week ahead for the crypto market, with US lawmakers, economic indicators, and the SEC v Ripple case likely focal points for investors.

It was a busy week for the crypto market. ETH staking inflows hit record highs, Fed fear subsided, and the US narrowly avoided a Monday default.

May nonfarm payrolls impressively surpassed expectations amidst challenges, with the unemployment rate steady at 3.7%, just above 1969’s low.

U.S. labor market surprises with strong job growth in May, beating estimates and indicating resilience.

Salesforce beats earnings and revenue estimates, but stock price falters on higher capital costs.

HP’s Q2 revenue of $12.91B falls short as PC market slowdown and reduced demand affect global PC shipments.

Tentative US debt ceiling deal sparks market concern over liquidity as financial markets eagerly await details and implications.

Intel’s struggles raise concerns about competitiveness in AI space, while GPU manufacturers like Nvidia and Marvell reap rewards amid stock declines.

Manufactured durable goods orders show second consecutive monthly increase, while US deficit shrinks in March.

PCE price index rises, reflecting increased prices for goods and services, excluding food and energy.