Skip to main content

Featured

Market Jitters as Cooling GDP Meets Hotter Inflation

  US stock futures slipped on Friday as investors weighed a mixed batch of economic signals. Fresh data showed that US GDP growth cooled in the fourth quarter, while the Federal Reserve’s preferred inflation gauge—the core PCE index—picked up momentum, raising questions about the path of interest rates.  Futures tied to the Nasdaq 100 and S&P 500 dipped about 0.3%, while Dow Jones Industrial Average futures fell 0.2%, breaking a three‑day winning streak. Traders also kept a close eye on geopolitical tensions involving the US and Iran, as well as a potential Supreme Court decision on tariffs that could sway market sentiment.  The combination of slowing growth and rising inflation has left markets cautious. Investors are now looking ahead to upcoming economic releases for clearer direction on how the Fed may respond in the months ahead.
Post a Comment
Read more

article

Labels

US Job Cuts More Than Double in January, But Labor Market Remains Strong

 

US employers in the financial and technology sectors launched restructuring efforts in January, leading to a significant increase in job cut announcements. 

According to a report released on Thursday, announced layoffs reached 82,300, more than double the number in December. However, the labor market appears strong for workers despite recent job cuts, with the January jobs report showing the 37th consecutive month of job gains and a small uptick in the unemployment rate.

Labels:

Comments

Post a Comment