U.S. stocks marched upward Thursday, with tech stocks leading the Nasdaq higher than other indexes, after fresh data pointed to a gradual softening of labor market conditions ahead of the highly anticipated Friday jobs report. The S&P 500 (^GSPC) added 0.4{b56f7a0c6479bc075d08fb7619591a4c4023144d1b4aceb7f3fe2776303deb2f}, while the Dow Jones Industrial Average (^DJI) hovered just […]
jobs
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Many business leaders across the country were hoping for a dismal jobs report from the Bureau of Labor Statistics. Bad jobs numbers would mean that the economy is weakening, and that the Federal Reserve wouldn’t have to keep raising interest rates to get a handle on inflation. If interest rate […]
U.S. stocks were getting smoked on Friday after the crucial jobs report came in warmer than expected and jitters over the stunning failure of Silicon Valley Bank (SIVB) continued to weigh on markets. Checking back in on the S&P 500 (^GSPC) around 1p.m. ET, the index turned red by 1.5{b56f7a0c6479bc075d08fb7619591a4c4023144d1b4aceb7f3fe2776303deb2f}, […]
U.S. shares tumbled Friday just after govt work data confirmed much more than fifty percent a million work were extra in January — throwing a wrench in hopes for a pause on price will increase — even though subpar earnings success from Massive Tech giants weighed on investor sentiment. The […]

 
 WASHINGTON (AP) — The U.S. economy expanded at a 2.9{b56f7a0c6479bc075d08fb7619591a4c4023144d1b4aceb7f3fe2776303deb2f} once-a-year speed from Oct through December, ending 2022 with momentum despite the pressure of large curiosity costs and common fears of a looming recession. Thursday’s estimate from the Commerce Section confirmed that the nation’s gross domestic products — […]