Labor market, Fed policy, tech rotation: Market trends

The S and P 500 NASDAQ slipping as the slugger starts to September, continues the hour finances.That's job openings and the Labour turn turnover survey.Weakest number we've seen since January of 2021.So this is the ratio of job openings per unemployed worker.That ratio has fallen to about 1 to 1.So not only is this perhaps a sign of labour market cooling, it's actually starting to fall below where we were before and trending downward.

As you can see as it comes down, it normally kind of falls in a little bit of a straight line, which could be concerning.We were talking about the show today, which is how growth concerns may be getting bubbling up back in the bloodstream because you had manufacturing and jolts and then you had Fed's beige book that hit, you know, districts reporting flat or declining activity jumped from 5 to 9.

But shock investors to some extent, I think at that point, but one other thing we have been tracking here, I'm gonna get over to 0.3 a rotation out of Tech.Here it's the percent of S and P 500 members that are outperforming the index doing better than the S and P 500.Right now we are at 71 Josh going back to 1993 which was the furthest data that Schwab was looking at.So that's a pretty big eye popping number.

DALLAS — Newly emerged film footage of President John F. Kennedy's motorcade speeding down a Dallas freeway toward a hospital after he was fatally wounded will go up for auction later this month.VANCOUVER, British Columbia, September 04, 2024--VinFast Canada announced it will be attending the 2024 Everything Electric EV Show being held in Vancouver, September 6-8. This marks VinFast's second appearance at the event, previously known as Fully Charged Live in 2023.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Markets are 'hyper-focused on the labor market' this weekWith volatility (^VIX) seeping back into markets (^DJI, ^IXIC, ^GSPC) ahead of the US election and ongoing geopolitical tensions, it may prove difficult for ...
Bron: YahooFinanceCA - 🏆 47. / 63 Lees verder »

Markets react to July PCE, Fed, protein brands: Market DominationUS stocks (^DJI, ^IXIC, ^GSPC) are working to put this volatile August behind them in the final trading hour of the final trading day of the month. Market...
Bron: YahooFinanceCA - 🏆 47. / 63 Lees verder »

Labor market still robust, not 'in trouble': Philly Fed Pres.An interest rate cut by the Federal Reserve can have several implications for the broader US economy, including the labor market. In his speech at the...
Bron: YahooFinanceCA - 🏆 47. / 63 Lees verder »

Labor market can't cool 'too much more': Fmr. Fed Vice ChairFederal Reserve Chair Jerome Powell solidified that the time for rate cuts has arrived during his speech at the Jackson Hole Economic Symposium on Friday...
Bron: YahooFinanceCA - 🏆 47. / 63 Lees verder »

Labor market revisions hit those watching labor revisions hardest: Morning BriefData from the US government published Wednesday offered new insight into why those in the tech world are so downbeat about the job market right now.
Bron: YahooFinanceCA - 🏆 47. / 63 Lees verder »

Market close, Fed rate speculation: Market Domination OvertimeOn today's Market Domination Overtime, hosts Josh Schafer and Julie Hyman focus on market dynamics as Wall Street enters a pivotal week for economic data and...
Bron: YahooFinanceCA - 🏆 47. / 63 Lees verder »