All articles tagged with #payrolls report
Originally Published 27 days ago — by CNBC
Stock futures are nearly unchanged as traders await the November jobs report, with US stocks ending lower due to AI stock declines, while Tesla hits a yearly high and Ford announces significant charges related to EV restructuring.
Originally Published 2 years ago — by MarketWatch
Goldman Sachs trading expert, John Flood, predicts a "new dynamic" in the market's reaction to the upcoming payrolls report, stating that extreme results in either direction will be disliked. A rise of over 250,000 or a gain of fewer than 50,000 in nonfarm payrolls would lead to a sell-off in the S&P 500. The ideal scenario would be a rise between 50,000 and 150,000, triggering a gain of at least 1%. However, other elements of the jobs report, such as the unemployment rate, could also impact market sentiment.
Originally Published 2 years ago — by CNBC
Stock futures are higher as investors await the release of the August payrolls report. Traders are hopeful that the report will indicate a slowdown in the economy, potentially leading the Federal Reserve to pause benchmark interest rate hikes. In other news, China's major banks have cut interest rates on yuan deposits, and South Korea and Japan both experienced contraction in their factory activity. Meanwhile, a strategist warns investors to remain cautious of a potential recession, and opportunities may arise in the municipal bond space. After-hours, database software maker MongoDB and Dell Technologies reported stronger-than-expected earnings, while Broadcom issued soft guidance. Stock futures opened little changed on Thursday night.