Stocks News

Unemployment claims drop, suggesting a stronger labor market, but manufacturing and price challenges persist.

The S&P 500 and Nasdaq rally, driven by few stocks and factors like triple witching and rebalancing, sets the stage for a volatile period.

Fed officials signal rate cuts off the table until robust data confirms inflation control—likely delaying easing until year-end or beyond.

Due to weaker-than-expected retail sales data and downward revisions, the short-term outlook for the retail sector appears bearish.

The modest decline in business activity and ongoing labor market weaknesses point to continued challenges in the near term.

The crypto market had a tumultuous week, with Fed jitters, SEC vs. Ripple court filings, and US BTC-spot ETF market outflows testing buyer demand.

The decline in the PPI, especially driven by lower energy costs, suggests potential easing of inflationary pressures.

The Fed is expected to prioritize inflation control over immediate rate cuts, with future adjustments based on upcoming economic data.

While May’s flat CPI report offers some hope, the year-over-year picture remains concerning.

With a tame May CPI, the Fed may ease monetary policy, potentially boosting stocks, while monitoring core inflation trends closely.

Coinbase rallied 8%, while XRP faced a weekly loss despite both battling the SEC in the Courts. Court rulings from both cases could impact the crypto market.

Steady job growth and wage increases indicate a robust U.S. labor market, supporting bullish sentiment despite slight revisions in previous months.

Investors are hoping the NFP report indicates a soft landing scenario, where job openings and hiring slow, but layoffs remain minimal.

Annual pay growth remained steady at a 5% rate for the third consecutive month, reflecting a deceleration in wage gains alongside job creation.

Investor sentiment toward the Fed rate path, US politics, and SEC vs. crypto case-related news influenced buyer demand for BTC and broader crypto market.

Stability in inflation and income growth suggests a steady economic environment, although slightly softer personal spending growth warrants attention.

The deceleration in GDP growth, falling corporate profits, and slower consumer spending suggest a bearish short-term U.S. economic outlook.

Best Buy faces ongoing challenges in electronics demand; streamlining operations and investing in growth areas is crucial.

Given the weaker-than-expected revenue and cautious guidance, Salesforce’s short-term outlook appears bearish.

The Fed’s Beige Book signals a bearish market outlook due to high interest rates and tight credit.