U.S. retail sales were unchanged in June as a drop in receipts at auto dealerships was offset by broad strength elsewhere.
Read More US retail sales report showcases consumer, economic resilience
Tag: Jerome Powell
S&P 500, Nasdaq scale record highs as Nvidia leads megacap charge
The Nasdaq and the S&P 500 hit record highs on Wednesday as strength in Nvidia and other mega stocks supported Wall Street’s winning streak.
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S&P 500, Nasdaq notch record highs with inflation data, earnings in focus
The Nasdaq and the S&P 500 hit record highs on Monday, while the Dow scaled a more than one-month high as investors awaited a key inflation report.
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Report: U.S. Job Market Weakens In June
The economy grew via the addition of 206,000 jobs in June, but unemployment was still above 4% in the same month, according to the Labor Department on Friday.
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US weekly jobless claims rise as labor market gradually slows
Ebbing labor market momentum, together with abating inflation pressures, keep the Federal Reserve on track to start cutting interest rates this year.
Read More US weekly jobless claims rise as labor market gradually slows
U.S. job openings drop in April, as labor market cools
Job openings, a measure of labor demand, were down 296,000 to 8.059 million on the last day of April, the lowest level since February 2021.
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