The solid jobs report and expectations for a recovery in the labor market could nudge investors back toward companies that are poised to benefit from people going out and spending more, including airlines, retailers, restaurants and other firms providing in-person services, Samana said.
A rise in interest rates could undercut those stocks, or at least add a head wind that has been largely absent for more than a year. A slowdown in bond purchases by the Fed would be the first step toward raising short-term interest rates off their record low near zero.
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Lionsgate Adjusted Earnings Beat Wall Street Expectations, But Media Networks Subscriber Levels Dip From Prior QuarterLionsgate reported results for its fiscal 2022 first quarter that cleared the expectations bar but also reflected a quarter-to-quarter subscriber slowdown at Starz. On an adjusted basis, earnings p…
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US employers added 943,000 jobs in July, signaling a strong labor marketThe US economy added 943,000 jobs in July and the unemployment rate fell to 5.4%, the Bureau of Labor Statistics reports. It was the biggest job gain since August last year. Quit having John Bolton on. He ignored known threats to our democracy so he could personally profit later on. Do not normalize traitors. RTErdogan freeFredLumbuye 0 to 60 nothing here yet ….🆘🇺🇸
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