Stocks News

New York manufacturing activity contracts as October’s Empire State index drops to -11.9, but optimism rises with 55% of firms expecting growth in 6 months.

US labor market beats forecasts, easing recession fears and Fed cuts bets, while Middle East tensions weighed on crypto markets.

U.S. job growth surged by 254K in September, beating forecasts, while unemployment dipped to 4.1%. Wage growth remains steady at 0.4%, supporting labor market streng

The US and global economies remain resilient ahead of forthcoming US elections. However, Europe’s economic fragility poses challenges for its recovery despite support from the easing of interest rates.

Private employers added 143K jobs in September, beating forecasts. Job gains across sectors signal labor market strength, but wage growth remains cautious.

US economic indicators boost soft landing hopes and fuel 50-bps Fed rate cut bets, driving demand for cryptos.

U.S. jobless claims dip to 218K, signaling labor market strength, while Q2 GDP growth holds at 3%, driven by strong consumer spending and inventories.

August saw a 4.7% decline in new home sales, falling short of expectations. Yet, a notable 9.8% year-over-year increase suggests long-term growth.

S&P CoreLogic Index hits record highs in July 2024, with 14 months of growth, but price gains are slowing, signaling a cooling U.S. housing market.

Eurozone PMI contracts to 48.9 in September, signaling an economic slowdown in both services and manufacturing. Is a deeper recession on the horizon?

Fed rate cut and labor data spark a 6.85% crypto market rally, outperforming equities.

US labor market resilience contrasts mixed manufacturing signals. Unemployment claims drop as production rises, yet supply chain issues persist. Cautiously bullish outlook.

US housing starts surged 9.6% in August to a 1.36M rate, driven by lower mortgage rates. Builder stocks hit highs, but inventory challenges persist.

U.S. retail sales rose 0.1% in August, beating forecasts. Nonstore retailers led with 7.8% growth, fueling speculation of a Fed rate cut amid slowing inflation.

Empire State Manufacturing Survey shows first expansion in a year. Shipments surge, pricing stable. Optimism grows, but capital spending declines.

Rising bets on a 50-bps Fed rate cut fuel crypto demand, sending market up 8.62% as BTC hits $60,381.

U.S. import and export prices fall in August 2024, led by declining fuel, agricultural, and semiconductor prices. Read the full analysis now.

Inflation persists as August PPI beats forecasts. Rising service costs and a strong labor market shape a bearish outlook for the economy.

Core inflation jumps 0.3% in August, driven by a 0.5% rise in shelter costs. Fed may rethink future rate cuts as inflation concerns linger.

August CPI release crucial for Fed policy and markets. Inflation trend and labor market concerns shape expectations. S&P 500 up 15.2% YTD, investors watchful.