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The moves Monday come after the S&P 500 and Nasdaq rallied toward a winning week on Friday, regaining their footing after two downbeat sessions. The Dow lagged for the week, falling just less than 2%.
Initial unemployment claims came in at approximately the expected level last week, totaling 385,000 for the week ended July 31, the Labor Department said Thursday. This compared to consensus ...
For the most part, bad economic news likely could help convince the Fed that the time is right to start lowering interest rates. The one exception is higher inflation, which would push the Fed ...
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German economic crisis The Handelsblatt Research Institute reports that the German economy is in its "greatest crisis in post-war history " after projecting that the economy will enter its third year of recession in 2025 with a 0.1% contraction, following a 0.3% contraction in both 2023 and 2024.
President Biden delivered remarks at the Brookings Institution Tuesday afternoon, touting his economic agenda and making the case that it has been more effective than the kind of tax cuts and ...
Economic calendars usually have a three-scale volatility gauge. If an event has a level one volatility, it is not expected to significantly affect the markets. An event with a volatility level of two is expected to impact the markets moderately, depending on other factors (e.g. other market-moving events, political factors, news items, etc.).
"We had some macro news but somewhat mixed and you know we have a very strong dollar today," said Peter Cardillo, chief market economist at Spartan Capital Securities in New York. A report from ...