Stocks rise on average jobless claims: Market overview
(Bloomberg) — Stocks rose after the latest unemployment data showed that the labor market is cooling gradually rather than slowing rapidly due to the Federal Reserve’s increased interest rates. Most read by Bloomberg Ahead of Jerome Powell’s speech in Jackson…
S&P 500 and Nasdaq fully recover from losses from August sell-off
Walmart shares rose more than 6% on Thursday, heading for a record close as investors digested the retailer’s upbeat forecast. Brooke DiPalma of Yahoo Finance reports: For fiscal year 2025, Walmart now expects sales growth between 3.75% and 4.75% and…
Nasdaq and S&P 500 lead market rally after retail sales and labor market data
Mortgage rates rose slightly from the previous week as investors continued to expect a rate cut by the US Federal Reserve next month. The average interest rate on 30-year fixed-rate mortgages rose to 6.49% from 6.47% the previous week, Freddie…
Indices rise as falling unemployment figures boost investor confidence
New data from the Labor Department shows that the number of jobless claims fell last week.Lev Radin/Pacific Press/LightRocket/Getty Images U.S. stock indexes rose on Thursday as investors absorbed the latest unemployment data. The number of jobless claims fell by 17,000…
S&P 500 and Nasdaq rise as wild week on Wall Street continues
Stock prices fluctuated sharply this week as the yen carry trade unwound, recession fears increased and market volatility took over. But beneath the surface, the long-term case for stocks continued to hold true this quarter, fueling bullish sentiment on Wall…
S&P 500 and Nasdaq rise after labor market data eases concerns about US economy
Mortgage rates fell to their lowest level in over a year, a positive development for the real estate market. The average interest rate on 30-year fixed-rate mortgages fell to 6.47% from 6.73% last week, Freddie Mac reported Thursday. A year…
Stock prices rise after labor market data eases concerns about US economy
U.S. stocks jumped on Thursday after weekly initial jobless claims fell more than expected, providing a reassuring update on the health of the U.S. labor market. The S&P 500 (^GSPC) rose 1.3%, while the tech-heavy Nasdaq (^IXIC) also gained 1.3%….
Stock prices rise after labor market data eases concerns about US economy
U.S. stocks jumped Thursday after weekly initial jobless claims fell more than expected in a reassuring report on the health of the U.S. labor market. The S&P 500 (^GSPC) rose about 1%, while the tech-heavy Nasdaq (^IXIC) gained more than…
