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A strong non-farm payrolls report for May helped spark another rally on Wall Street. After a steep sell-off on Wednesday, the major averages recorded strong gains on Thursday and Friday. Over the...
Total nonfarm payroll employment increased by 175 thousand in May, and the unemployment rate was essentially unchanged at 7.6 percent, the U.S. Bureau of Labor Statistics reported today. Employment...
Stocks are soaring on Friday on the back of a "just right" jobs report. The addition of 175,000 new jobs last month beat estimates, but was not so good that the Federal Reserve needs to consider...
The euro jumped more than six percent following the European Central Bank meeting on Thursday, where President Mario Draghi assured investors that he and his colleagues saw growth in the second part...
The next week brings a relatively light week on the data front, with few earnings and scarce data economic data marking the calendar. The May retail sales report on Thursday and earnings from key...
Futures Slightly Lower Ahead of Non-Farm PayrollsU.S. equity futures traded slightly lower ahead of the Employment Situation Report early Friday as Japanese shares continued to approach bear market...
The U.S. stock market surged on Thursday after an afternoon rally lifted the major averages out of negative territory. Stocks closed near their best levels of the session, with the Dow adding around...
Tomorrow brings the all important Employment Situation Report, when the Bureau of Labor Statistics (BLS) will announce job growth figures for the month of May. Markets eagerly await the data release...
The euro ticked up on Thursday morning ahead of the European Central Bank's June policy meeting. The common currency traded at $1.31 despite Wednesday's reports that another of its “core”...
Brent crude oil continued to see saw as investors tried to predict if and when the US Federal Reserve will scale back its quantitative easing program. The commodity traded at $103.35 at 9:26 GMT on...
Futures Rise Ahead of Central Banks, Jobless Claims as Nikkei Approaches Bear Market TerritoryU.S. equity futures rose in early pre-market trade ahead of key interest rate decision from both the...
It may seem like an odd pick on a day when consumer discretionary, high-beta and emerging markets stocks were all taken to the woodshed, but a buying opportunity could be nearing in the Market Vectors...
The U.S. stock market recorded its biggest loss in weeks on Tuesday after the Fed's Beige Book report showed that the economy is expanding only at a modest to moderate rate. A series of mediocre...
Thursday brings two key interest rate decision from Europe, first the Bank of England followed by the European Central Bank. The decisions followed by the European Central Bank's updated economic...
The Australian economy expanded slower than expected in the first quarter reports out late Tuesday showed. The report comes just one day that the Reserve Bank of Australia, the nation's central bank,...
Futures Slightly Lower on Global Economic DataU.S. equity futures traded slightly lower in early Wednesday trade after stocks broke the 20-Tuesday winning streak yesterday. Markets eye key economic...
The euro remained steadily at $1.30 on Wednesday morning after Markit's Eurozone Composite PMI showed that business activity in the eurozone picked up in May. This marks the second straight increase...