Economic News Category

As Treasury rates rise, the S&P 500 finishes higher with financials The S&P 500 finished higher on Friday as banking stocks rallied following a surge in the benchmark Treasury yield to its highest level in almost three years. The Nasdaq closed down, with tech and other large growth companies mainly falling, but they finished off

The labour market in U.S.A is tightening, with weekly unemployment claims at the lowest level Last week, the number of Americans filing new jobless benefits claims fell to a 52-1/2-year low, while unemployment rolls continued to decline, indicating fast reducing labour market slack that will continue to support wage inflation. The Federal Reserve may raise

Options traders see the stock rally as an opportunity to buy downside protection Risk appetite has returned to Wall Street following a nasty start to the year, but some experts caution that the respite in volatility may be fleeting and encourage investors to be wary of more stock market gyrations. The Cboe Volatility Index, which

On Monday, stock markets were gloomy as violence in Ukraine went on with little indication of abating, leaving investors grasping at hope for an eventual peace settlement, while oil prices rose again as supplies remained tight. On Sunday, Turkey’s foreign minister stated that Russia and Ukraine were close to reaching an agreement on “important” matters

USA economy is flexing its might, with unemployment benefit numbers at a 52-year low and industries humming The number of Americans filing new jobless claims declined last week as labour demand remained robust, putting the economy on track for another month of healthy job gains. In early March, unemployment benefit rolls were the fewest in