News Formal

Stocks cheer prospects for low rates as oil jumps on pipeline outage

  • 📰 inquirerdotnet
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 86%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Via InquirerUSA Stocks cheer prospects for low rates as oil jumps on pipeline outage

“A statistical fluke and/or a temporary pause in labor market demand is the likeliest culprit for this report. However, the Federal Reserve cannot afford to adjust policy without concrete proof of a stronger labor market recovery,” said Natixis economist Troy Ludtka.

U.S. President Joe Biden said after the report that the figures showed the economy was not at risk of overheating and underscored how vital his administration’s economic actions are. The British pound jumped to the highest in more than two months against the greenback, but traders said worries about Scottish independence could curb sterling’s gains. It was last up 0.5% at $1.406.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 3. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Philippine stocks: Gainers, losers, market-moving news – May 2021
Källa: rapplerdotcom - 🏆 4. / 86 Läs mer »

Inside the Industry x Kumu: World music with EnchantingKumu's Enchanting shows us that even niche genres like world music can reach wide audiences thanks to streaming! Hustle HustleEveryday
Källa: rapplerdotcom - 🏆 4. / 86 Läs mer »