Econ #s - Spark Newswire

2 minute read

Surprise! Jobless Claims Fall To Lowest Levels Since April: What You Need To Know Now

Today, 9:37 AM

U.S. initial jobless claims unexpectedly fell last week to the lowest levels since April, signaling the labor market remains resilient despite continued rate hikes from the Federal Reserve.

SPY

1 minute read

US Advance Aug. Wholesale Inventories +1.3%

By Bill Haddad

Today, 9:37 AM

-Reuters

SPY

1 minute read

USA Core Durable Goods Orders (MoM) for Aug 0.200% vs 0.200% Est; Prior 0.200%

By Bill Haddad

Today, 9:37 AM

USA Core Durable Goods Orders (MoM) for Aug 0.200% vs 0.200% consensus estimate. The prior reading was 0.200%.

SPY

2 minute read

More Tears Are Coming For Investors Holding Risk Assets, Chief Investment Officer At Major Asset Manager Says

By Robert Kuczmarski

Today, 9:37 AM

On Wednesday, the Fed raised its target fed funds rate by 0.75% to a new range of between 3% and 3.25%, its third 0.75% rate hike in four months.

FDX

1 minute read

USA Continuing Claims for Sep 09 1.379M vs 1.400M Est; Prior 1.403M

By Benzinga Newsdesk

Today, 9:37 AM

USA Continuing Claims for Sep 09 1.379 million vs 1.400 million consensus estimate. The prior reading was 1.403 million.

SPY

2 minute read

Federal Reserve Issues Third Straight 0.75% Interest Rate Hike: What It Means For The Struggling Stock Market

By Wayne Duggan

Today, 9:37 AM

The Federal Reserve raised its target fed funds rate by 0.75% on Wednesday to a new range of between 3% and 3.25%, its third 0.75% rate hike in four months.

SPY

2 minute read

A Hedge Against Inflation: Here Are 2 REITs That Have Increased Dividends

By Robert Kuczmarski

Today, 9:37 AM

From 1992 to 2017, real estate investment trusts (REITs) have outperformed all other major asset classes with an annualized total return of 10.8%, per S&P Global. With interest rates rising, there are ongoing concerns about REITs underperforming.

IIPR

3 minute read

Treasury Bond Yields Hit 11-Year Highs As Investors Brace For 3rd Consecutive Fed Interest Rate Hike

By Wayne Duggan

Today, 9:37 AM

The U.S. Federal Reserve raised its target Fed funds rate by 0.75% in June and July in an attempt to get inflation under control.

SPY

1 minute read

USA NAHB Housing Market Index for Sep 46.000 vs 47.000 Est; Prior 49.000

By Bill Haddad

Today, 9:37 AM

USA NAHB Housing Market Index for Sep 46.000 vs 47.000 consensus estimate. The prior reading was 49.000.

SPY

2 minute read

Inflation Expectations Begin To Fall As Consumer Sentiment Rises In September

By Robert Kuczmarski

Today, 9:37 AM

After the headline Consumer Price Index (CPI) rose 8.3% in August, down from 8.5% in July, the SPDR S&P 500 (NYSE: SPY) started trending lower, heading towards June's lows.

CME