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Economic Data

All articles tagged with #economic data

S&P 500 and Dow Reach Record Highs Amid Strong Jobs Data

Originally Published 2 days ago — by CNBC

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Source: CNBC

The S&P 500 reached a new intraday high on Friday, supported by a mixed jobs report showing 50,000 new jobs in December and a slight decrease in the unemployment rate to 4.4%. Major indices are on track for a weekly gain, with the market reacting positively to economic stability and government actions like Trump's mortgage bond purchase plan. Several stocks hit 52-week highs, and the market opened in the green, reflecting investor optimism amid ongoing economic and political developments.

Stocks Near Record Highs as Markets Rally and Data Looms

Originally Published 19 days ago — by CNBC

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Source: CNBC

U.S. stock futures are nearly unchanged after the S&P 500 reached a record close, with major indexes climbing for the fourth consecutive day amid strong economic data and optimism about a year-end rally. Investors are eyeing potential gains during the Santa Claus rally period, supported by positive market momentum and sector rotation, while awaiting weekly jobless claims and holiday market closures.

Caution Advised as November Inflation Data Shows Mixed Signals

Originally Published 23 days ago — by CNBC

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Source: CNBC

The November US inflation data appeared promising with lower-than-expected inflation rates, but uncertainties remain due to data collection issues following the government shutdown, leading to skepticism about the report's accuracy. Despite this, markets reacted positively, driven by the CPI figures and strong earnings reports, though the reliability of the data is questionable.