Federal Reserve

A stronger-than-expected September jobs report fueled gains on Wall Street, overshadowing investor concerns that had been driven by escalating geopolitical tensions in the Middle East earlier this week. The U.S. economy added 254,000 nonfarm payroll jobs in September, a significant jump from...

Hello Traders, and welcome to another piece of free analysis at ForexAnalytix.com. The market has been in recovery mode since mid-September, which is quite intereting, as the Fed decided to cut rates by 50 basis points back then. It turned out to be a "buy the rumor, sell the news" situation...

JPMorgan (NYSE: JPM) is scheduled to kick-start third-quarter 2024 earnings on Oct. 11. The largest American bank's earnings draw a lot of attention because of its presence in almost all the finance sector businesses. This, thus, offers insight into how the quarterly performance of other banks...

To gain an edge, this is what you need to know today. Barn Burner Jobs Report Please click here for an enlarged chart of S&P 500 ETF (NYSE:SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows that the stock market is rallying on the...

The September jobs report came in hotter than predicted, with U.S. payrolls increasing by 254,000 and the unemployment rate surprisingly slipping to 4.1%. Wage growth exceeded expectations, rising 0.4% month-over-month and 4% year-over-year. These robust numbers have sparked a fresh debate among...

A hotter-than-expected jobs report spurred a premarket rally on Wall Street Friday, showcasing the U.S. economy’s resilience and easing concerns over an economic slowdown. The strong labor data also led traders to rethink the Federal Reserve’s aggressive rate cuts, resulting in a jump...

Traders are cautiously optimistic ahead of the all-important payrolls report, with the index futures narrowly mixed in early Friday. The suspension of the Longshoremen’s strike removes one of the overhangs even as the Middle East tensions rage unabated. The September job gains could have a...

Renowned economist Claudia Sahm, the inventor of Sahm’s Rule, offered her perspective on the complex economic landscape facing the Federal Reserve. As the central bank navigates through a potential easing cycle, various factors including labor strikes and natural disasters are complicating...

Since hitting a record back in July and then selling off, shares of tech titan Microsoft Corp. (NASDAQ: MSFT) have been a bit slower than others in getting back to highs. For context, the benchmark S&P 500 index was hitting fresh highs by the middle of September and, as recently as Monday, was...

Retail investors can make a bet or take on an opposing view with increased odds of success whenever a market gets too crowded on the long or short side. Like the 2008 financial crisis, when everyone bet in favor of housing only to find out they all had to run for the exit all at once, only a few...

Data on the U.S. labor market could signal how aggressive the Federal Reserve will be when deciding if they should cut interest rates in November, after already announcing a rate cut of 50 basis points in September. The Bureau of Labor Statistics is set to release the official September jobs report...

Economic activity in the U.S. services sector continued to expand in September, as the Services PMI reached 54.9%, its highest level since February 2023, marking a robust recovery. According to the Services ISM Report On Business released on Thursday, this increase of 3.4 percentage points from...

Sentiment continues to be cautious as traders play the “wait-and-watch” game until they see off Friday’s non-farm payroll data. The index futures traded moderately lower early Thursday. The weekly jobless claims data along with the ongoing tensions in the Middle East and the...

With Friday’s nonfarm payroll report on the horizon, the labor market is expected to show a modest increase of 140,000 jobs, slightly down from August's 142,000. Wednesday’s ADP National Employment Report for September signaled some resilience. The private sector added 143,000 jobs, up...

Historically, investors have bet on the consumer discretionary sector when the Federal Reserve (the Fed) cuts interest rates, as these typically have a positive effect on consumer spending habits through easier and cheaper financing rates. However, this time it's different, the state of the...