Stocks are whipsawing as traders await a key US jobs report and Fed Chair Powell's speech

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Traders were divided ahead of monthly nonfarm payrolls data and the Federal Reserve Chair's comments.

Stocks were whipsawing on Friday ahead of the release of US employment figures and Federal Reserve Chair Jerome Powell's final speech before the central bank's next policy meeting. Nonfarm payrolls are expected to show the US economy added 160,000 jobs in August, in line with the number added in July. Powell is scheduled to speak about the US economic outlook and interest-rate policy at the University of Zurich. View Markets Insider's homepage for more stories.

Stocks were whipsawing on Friday ahead of the release of US employment figures and Federal Reserve Chair Jerome Powell's final speech before the central bank's next policy meeting. Nonfarm payrolls are expected to show the US economy added 160,000 jobs in August, in line with the number added in July. Powell is scheduled to speak about the US economic outlook and interest-rate policy at the University of Zurich. View Markets Insider's homepage for more stories.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Global stocks are jumping after China says trade talks with the US will resume in OctoberBrexit and German factory orders are also affecting markets on Thursday. Gold and oil slipped. I suppose after a bunch of money is made from the price swing, they'll be put off again, which will allow more money to be made from the price change, and so on? Can it work like that? These talks going to solve the 260T world debt? Or how about the 16T negative interest rates?
Source: BusinessInsider - 🏆 729. / 51 Read more »

European stocks hit one-month highs on news of U.S.-China trade talksEuropean shares rose to fresh one-month highs and safe-haven assets such as gold... Who are the people who keep falling for this ruse? The europian stocks need more control about the quality of the products, they are comming from China!
Source: Reuters - 🏆 2. / 97 Read more »

Stocks surge on US-China trade progress and healthy jobs dataThe Dow Jones industrial average, S&P 500 index, and Nasdaq Composite all rose during US trading on Thursday. The stock market hawks are following Trump. Black Americans who invest in companies must learn to tune out the crap and really watch what Trump is doing. It could lead to great wealth! Exactly
Source: BusinessInsider - 🏆 729. / 51 Read more »

U.S. stocks poised to bounce higher as Hong Kong, other political tensions seen easingU.S. stocks look set to rebound on Wednesday as investors shake off weak data from a day ago and focused on signs of easing tensions in Hong Kong and the...
Source: MarketWatch - 🏆 3. / 97 Read more »

Stocks are surging on trade optimism – five experts weigh inStocks rocket higher, fueled by renewed optimism over trade talks between the U.S. and China. Five experts weigh in on what the developments mean.
Source: CNBC - 🏆 12. / 72 Read more »

European stocks seen higher on global trade and political reprieveEuropean stocks were seen higher Thursday morning after confirmation of new U.S.-China trade talks and political tensions in the U.K. and Hong Kong show signs of easing. Our mission at is to build the social media platform that ends fake news
Source: CNBC - 🏆 12. / 72 Read more »