Global investors on Friday will turn their focus stateside to the June employment report, which is expected to show another strong month of hiring as the labor market bucks any signs of an impending recession or economic slowdown.
Economists predict that the U.S. economy added 250,000 jobs last month, keeping the unemployment rate flat at 3.6%. The Fed is closely watching the labor market alongside inflation prints as it charts its course for monetary policy tightening, a central factor in the market's assessment of the likelihood of recession.
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:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
European Stocks Higher; Sentiment Improves Ahead of ECB Minutes By Investing.comEuropean Stocks Higher; Sentiment Improves Ahead of ECB Minutes inflation fears easing on recession fears, class markets 💯 🤦🏻♂️ very bi polar market.. so inflation “easing” is good but the reason ( a certain world recession) is meh! About time
Source: Investingcom - 🏆 450. / 53 Read more »
U.S. stocks bounce around as turbulent trading persists on Wall StreetMajor indexes have been swinging between sharp losses and gains on a daily — and sometimes hourly — basis. The broader market, though, is still mired in a deep slump that has dragged the S&P 500 into a bear market, over 20% below its most recent high.
Source: CBSNews - 🏆 87. / 68 Read more »
Bank stocks are super cheap — even with the risk of recessionJPMorgan Chase kicks off bank earnings on July 14.
Source: MarketWatch - 🏆 3. / 97 Read more »
Here's the best way to play the S&P Dividend Aristocrat stocksWe combined three groups of Dividend Aristocrats, removed duplicates and narrowed the list down to the 75 that have current dividend yields of at least 2%. Here are the 10 that are expected to raise their payouts the most through 2024.
Source: MarketWatch - 🏆 3. / 97 Read more »
Jim Cramer picks 7 Dow stocks that investors should consider owningCompanies in the Dow 'tend to be boring, mature companies that typically pay nice dividends,' the 'Mad Money' host said. MadMoneyOnCNBC jimcramer All you need to own is a pair of Cloos frames🕶️
Source: CNBC - 🏆 12. / 72 Read more »
Stocks rise after release of Fed meeting minutesWall Street capped another choppy day of trading Wednesday with modest gains for the major stock indexes, after investors combed the minutes from the Federal Reserve’s most recent interest rate policy meeting for clues about what the central bank may do next to fight inflation.
Source: latimes - 🏆 11. / 82 Read more »