Economics - Spark Newswire

2 minute read

Why US Economic Conditions Are ‘Just Right’ For The Stock Market Rally To Continue

July 13, 2:40 PM

In the second quarter, two of the biggest fears among investors were that wage growth and inflation would run too hot. Heading into the third quarter, inflation remains well above historical norms, but there’s also a growing concern that GDP growth could disappoint and corporate earnings and guidance will start showing signs of peaking.

SPY

1 minute read

Economics

Tone Matters: New Study Finds Fed Chair’s Positive Tone Leads Higher Share Prices

By Sam Corey

July 9, 3:22 PM

A positive attitude goes a long way. For the chair of the Federal Reserve, that sentiment may only be truer.

SPY

1 minute read

USA Wholesale Trade Sales (MoM) for May 1.300% vs 0.800% Prior

By Benzinga Newsdesk

July 9, 10:00 AM

USA Wholesale Trade Sales (MoM) for May 1.300% vs 0.800% prior reading.

SPY

2 minute read

Domestic Airline Travel Begins To Stabilize, International Travel Remains Volatile: What You Need To Know

By Sam Corey

July 8, 12:15 PM

Recent airline travel in the U.S. over July 4 was more than double the levels seen in the year prior, according to TSA reports, and is approaching the pre-pandemic levels of 2019.

AAL

1 minute read

USA Continuing Claims for Jun 25 3.339M vs 3.335M Est; Prior 3.469M

By Benzinga Newsdesk

July 8, 8:30 AM

USA Continuing Claims for Jun 25 3.339 million vs 3.335 million consensus estimate. The prior reading was 3.469 million.

SPY

1 minute read

USA Initial Jobless Claims for Jul 2 373.000K vs 350.000K Est; Prior 364.000K

By Benzinga Newsdesk

July 8, 8:30 AM

USA Initial Jobless Claims for Jul 2 373.000 thousand vs 350.000 thousand consensus estimate. The prior reading was 364.000 thousand.

SPY

1 minute read

Economics

Fitch Says There Is A Risk US Fed Policy Could Need To Move To A Restrictive Stance Beyond 2023, Says Base Case Is For U.S. Interest Rates To Increase Gradually To Around 3% By Middle Of Decade

By Bill Haddad

July 7, 8:44 AM

-Reuters

SPY

2 minute read

Oil Prices Pull Back From 6-Year Highs After OPEC Fails To Reach Production Deal

By Wayne Duggan

July 6, 11:00 AM

The United States Oil ETF (NYSE: USO) is trading lower by 1.9% on Tuesday morning despite crude oil prices hitting their highest level in six years.

OIH

2 minute read

Why The Tight US Labor Market May Be Here To Stay

By Wayne Duggan

July 5, 8:51 AM

In a series of blog posts last week, Commonwealth Financial Network chief investment officer Brad McMillan discussed just what’s going on with labor shortages in the U.S. economy.

SPY

2 minute read

US Adds 850K Jobs In June: What You Should Know

By Nikhil Dayal

July 2, 10:40 AM

U.S. nonfarm payroll growth in June grew by 850,000 jobs, exceeding the Bloomberg consensus estimats of 700,000 jobs added by 150,000, pointing to a faster-than-expected acceleration. Additionally, private payrolls beat expectations of 600,000 jobs added by 62,000, according to the figures released Friday by the Bureau of Labor Statistics.

SPY