July Jobs Miss Cuts Fed Rate-Hike Odds to 42% Ahead of Next Week’s Inflation Data
A surprise 23,000-job loss in July and a dip in the unemployment rate to 4.1% pushed traders to cut the...
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S&P 500 Closes at Record High as Weak Jobs Report Cools Rate-Hike Bets
The S&P 500 closed at a record high Friday, rising 0.6% to cap its best week since April, after a...
US economy sheds 23,000 jobs in July, complicating Fed Chair Warsh’s rate decision
The U.S. economy shed 23,000 jobs in July, and monthly job gains have been shrinking since March. The report lands...
Nasdaq Climbs 1.1% as Weak July Jobs Report Cuts Rate-Hike Odds
The Nasdaq composite and Nasdaq-100 rallied Friday after a surprise July jobs miss cut the odds of a Federal Reserve...
S&P 500 closes second straight winning week as traders bet Fed holds rates after jobs miss
The S&P 500 rose 0.6% on Friday, closing out a second straight week of gains after a surprise drop in...
