Signage for a job fair is seen on 5th Avenue after the release of the jobs report in Manhattan, New York, U.S., September 3, 2021. REUTERS/Andrew Kelly Join now for FREE unlimited access to Reuters.com Register Weekly jobless claims increase from 21,000 to 218,000 Continuing claims drop 25,000 to 1.317 million Mid-Atlantic factory activity slows … Read more
LONDON, May 18 (Reuters) – A rebound in equities petered out on Wednesday as concerns over the outlook for economic growth and rising inflation rattled sentiment, while a British inflation reading of 9 % highlighted just how much interest rates could rise. Asian stocks managed to post their fourth consecutive session of gains, but in … Read more
LONDON, May 16 (Reuters) – European stocks fell on Monday and Wall Street was poised to open lower as investor sentiment struggled to recover from last week’s sell-off on fears. a slowdown in economic growth. Global stocks hit their lowest point in 18 months last week as investors worried that raising interest rates to counter … Read more
S&P futures up 1.13%, European stocks gain 0.96% MSCI Asia excluding Japan +1.8%, Nikkei +2.64% Concerns about inflation and policy tightening remain Dollar swings near 20-year highs on safe-haven demand LONDON/SHANGHAI, May 13 (Reuters) – Global stocks rose from 18-month lows a day earlier and the dollar fell from 20-year highs on Friday, although investors … Read more
An ‘Apply Now’ sign sits outside the new Faccia Brutta Bar Pallino seeking to hire employees on Newbury Street in Boston, Massachusetts, U.S., April 27, 2022. REUTERS/Brian Snyder Join now for FREE unlimited access to Reuters.com Register Weekly jobless claims rise by 1,000 to 203,000 Continuing claims drop 44,000 to 1.343 million Producer prices increase … Read more
A broker reacts while trading on his computer terminal at a securities brokerage firm in Mumbai, India February 1, 2020. REUTERS/Francis Mascarenhas Join now for FREE unlimited access to Reuters.com Register Global stocks fall to a year-and-a-half low, down almost 20% since the start of the year Europe opens 2% lower on US stock futures … Read more
NEW YORK/MILAN, May 11 (Reuters) – The S&P 500 and Dow Jones gained ground on Wednesday and the dollar index fell after data showed U.S. inflation slowed year-on-year last month, giving investors some hope that the price surges will peak. US equity futures initially lost ground after underlying inflation, excluding items such as oil prices, … Read more
NEW YORK, May 10 (Reuters) – In the wake of an increasingly hawkish Federal Reserve hike in interest rates by 50 basis points, markets turned sharply ahead of this week’s U.S. economic data, which will be closely monitored for signs of inflation. I speak. Price growth soared to its highest level since the early 1980s … Read more
U.S. dollar banknotes are displayed in this illustration taken February 14, 2022. REUTERS/Dado Ruvic Join now for FREE unlimited access to Reuters.com Register NEW YORK, May 10 (Reuters) – The dollar rose on Tuesday, after fluctuating between modest gains and declines earlier in the session as it held on to a nearly two-decade high ahead … Read more
NEW YORK, May 9 (Reuters) – Expectations of a hawkish Federal Reserve are clouding Wall Street’s outlook for stocks, with some investors now bracing for a potential bear market in the benchmark S&P 500 index. A bear market — often seen as a drop of 20% or more from a high — would mark the … Read more