The Bureau of Labor Statistics announced on Friday that the initial economic data report, which was previously withheld because of the government shutdown, is set to be released next week. With the U.S. government resuming operations, market’s focus shifts to the timing of the release of essential data concerning employment, inflation, and other economic indicators. Read More
On Friday, Nasdaq futures experienced a decline, following a significant drop in major indexes the previous day, driven by a downturn in technology shares. Futures linked to the tech-heavy Nasdaq, the benchmark S&P 500, and the blue-chip Dow Jones Industrial Average experienced declines of 1.4%, 0.9%, and 0.6%, respectively. Yesterday, the indices concluded the session Read More
Nasdaq experienced a significant decline as apprehensions regarding the valuation of artificial intelligence stocks reemerged. The ongoing government shutdown has undermined the confidence of market participants in riskier assets such as equities, particularly due to the lack of government data. The deterioration of the situation was exacerbated by weak labor market data. All three major Read More
The principal indexes concluded the session with varied results as another active week of quarterly earnings announcements and the dissemination of crucial private sector employment figures commenced. The tech-heavy Nasdaq Composite increased by 0.5% on Monday, whereas the benchmark S&P 500 saw a rise of 0.2%. The blue-chip Dow Jones Industrial Average experienced a decline Read More
Economists contend that the evidence indicating that sweeping U.S. tariffs have contributed to rising inflation for consumers is “overwhelming,” suggesting that these levies could further exacerbate price increases. Since commencing his second term in January, U.S. President Donald Trump has implemented a robust trade policy that has elevated the nation’s effective tariff to its highest Read More
On Thursday, the Nasdaq concluded the trading session in negative territory, primarily driven by a downturn in technology stocks. This shift occurred as investors processed a series of earnings reports from major technology firms and considered the implications of Federal Reserve Chairman Jerome Powell’s hawkish remarks made the day prior. All three major indexes concluded Read More
