Investors were in wait-and-see mode before the Employment Situation Report and then the volatility hit. Non-farm job growth was expected to be around 500,000 but the number was only 194,000. This shows how difficult predicting job growth has been during the pandemic.
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date.
What Happened: On this day in 2001, U.S. President George W. Bush announced the establishment of the Department of Homeland Security.
Irwin Simon, CEO of Canada-based cannabis company Tilray (NASDAQ: TLRY), said Thursday on CNBC that the company intends to drive growth by building its medica
China will continue to cooperate with anti-monopoly authorities to curb monopolies and actively deal with algorithm discrimination and other new forms of anti-competition behavior among internet platform companies and strengthen the protection of consumer privacy and data security,
Different shipping lanes, modes and logistics sites contribute to varying amounts of greenhouse gas emissions, making it difficult to track emissions as goods travel along the entire supply chain.
As many supply chain and sustainability experts say, companies need to measure emissions before they can make significant emissions-reduction progress.
Stocks look to push higher for the third day in a row as futures point to a higher open. Stocks built some positive momentum on Wednesday with news of a temporary debt ceiling resolution and easing in the global energy crunch. The developments appear to have assuaged investor fears and now investors may see the pullback as buying opportunity.