Stocks seesawed Friday, ending lower as investors digested the release of the monthly US jobs report to provide a steer to the Federal Reserve’s next move on interest rates. The S&P 500 (^GSPC) fell around 0.3%, while the Dow Jones Industrial Average (^DJI) ended down 0.6%. The tech-heavy Nasdaq (^IXIC) led gains earlier in the session but ended down below the flatline. All three averages were down for the week, as well. US government data showed employers added 209,000 jobs in June, below expectations but still a healthy pace of employment growth. The unemployment rate dipped to 3.6%. A stronger-than-expected ADP jobs report on Thursday signaled the US economy is […]
#biden #jobsreport #recession #yahoofinance Following today’s June jobs report, President Biden said that the economic data points to stable and steady growth. But does this slowing pace of job growth signal the beginning of a recession? Yahoo Finance Senior Columnist Rick Newman breaks down the jobs report and what it means for the Biden administration. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. […]
#mercedes #evcharging #tesla #yahoofinance Mercedes-Benz is the latest and first German automaker to be added to Tesla’s supercharger network, following Ford, GM, Volvo, and Rivian. Yahoo Finance Automotive Reporter Pras Subramanian breaks down the new deal, as well as Tesla’s referral program. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and […]
#wages #fed #jobsreport #yahoofinance The June jobs report showed hourly wages up 4.4%, compared to an expected 4.2%. What does this mean for the future of the Federal Reserve’s rate hikes? Threadneedle Partner and Founder Ann Berry, TKer.co Editor Sam Ro, and Yahoo Finance’s Myles Udland and Seana Smith break down how the report may impact future rate hikes and the potential earnings recession. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus […]
#fed #interestrates #jobsreport #yahoofinance Could June’s jobs data change or even dissuade the Fed’s plans for future interest rate hikes? Yahoo Finance Live co-hosts Rachelle Akuffo, Diane King Hall, and Seana Smith review this morning’s jobs report and how it could influence the Fed’s hiking cycle. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas […]
#fed #fedmeeting #jobsreport #yahoofinance The June jobs report came in lower than expected, with nonfarm payrolls at 209,000. S&P Global Economist Paul Gruenwald joins Yahoo Finance Live to discuss the report and his expectations for July’s Fed rate hike meeting. Gruenwald expects another rate hike in July and that rate hikes will remain higher for longer. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with […]
#jobsreport #fed #yahoofinance June nonfarm payrolls slow to 209,000, marking 30 months of growth. Stephanie Roth, J.P. Morgan Private Bank Senior Markets Economist, and Dana Peterson, The Conference Board Chief Economist, join Yahoo Finance Live to break down the June jobs report and how the numbers could affect the Fed’s July interest rate decision. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover […]
#yahoofinance #meta #threads #twitter Meta’s new app, Threads, is positioning itself as a new “Twitter killer.” Can it really overtake the Elon Musk-owned social media platform? Bernstein Internet Research Analyst Mark Shmulik joins Yahoo Finance Live to discuss Threads’ competition with Twitter, the growth outlook for Meta’s stock, and user engagement on Threads. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new […]
#china #tesla #yahoofinance Tesla has joined several of China’s top automakers in signing a pledge to keep competition fair and to avoid ‘abnormal pricing’ in a move that many hope will end the EV pricing war in China. Yahoo Finance Automotive Reporter Pras Subramanian breaks down the story. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and […]
#yahoofinance #economy #south #southernmigration The U.S. is seeing a shift in its economic hotspots due to the migration of people from the Northeast to the South during the pandemic. Yahoo Finance Senior Columnist Rick Newman breaks down the story. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize […]
