President Trump promised Britain a broad free-trade accord once it leaves the European Union, an offer that would require the U.K. to secure the decisive break with the bloc advocated by prominent Brexit backers in the race to succeed Prime… Read More ›
U.S. Economy Created More Jobs Than Expected In March | BY AIDANA IBRAGIMOVA | STOCK MARKET NEWS TODAY | Nonfarm payrolls (NFP) rose by 196,000 in March, above consensus expectations for 175,000, while the jobless rate held steady as expected at 3.8%…… Read More ›
Output at U.S. factories decreased 0.4% in February after falling 0.5% in January, according to Federal Reserve data released Friday. The decline was spread across multiple sectors, with output of machinery, electronics and apparel all dropping. Friday’s Fed report showed… Read More ›
U.S. Stock Index Futures Were Little Changed Early Wednesday As Uncertainties Linger Over Brexit And Boeing
U.S. stock index futures were little changed early Wednesday as investors continued to monitor political and economic uncertainties across the globe. At 6:30 a.m. ET, Dow futures implied an open of less than 5 points. Futures on S&P 500 and Nasdaq were also relatively flat.
Boeing Co, the best performing Dow component this year by a wide margin, dropped 6.7 percent after many airlines grounded the company’s new 737 MAX 8 passenger jet. Helping markets gain ground was the heavyweight Dow component’s stock bouncing off its session lows, while the Dow Jones Airlines index reversed course to trade 0.34 percent higher.
The U.S. Labor Department’s closely watched monthly employment report on Friday could show moderation in employment growth, in line with a slowing economy that in July will mark 10 years of expansion, the longest on record.
U.S. Stocks Slid Thursday After The European Central Bank Unveiled Plans To Deploy Additional Stimulus
U.S. stocks slid Thursday after the European Central Bank unveiled plans to deploy additional stimulus, raising fresh worries about the health of the global economy. The Dow Jones Industrial Average fell 263 points, or 1%, to 25409, heading for its fourth straight day of losses. The S&P 500 declined 1% and the Nasdaq Composite shed 1.1%.
U.S. Record Annual Trade Deficit. The Shortfall Grew Last Year Despite President Trump’s Aim To Reduce It
The international trade deficit in goods and services widened 19% in December from the prior month to a seasonally adjusted $59.8 billion, the Commerce Department said Wednesday. Economists surveyed by The Wall Street Journal had expected a $57.3 billion gap.
Global Stocks Pause Ahead Of New U.S. Trade Data. Economists Expect The U.S. Trade Deficit Widened In December
Stocks wavered Wednesday ahead of new U.S. trade data that could provide clues on the impact of the U.S.-China trade dispute and the sustainability of growth in the world’s largest economy.
The Commerce Department reported construction spending fell 0.6 percent in December, further evidence the economy lost momentum at the tail end of 2018.
New orders for key U.S.-made capital goods unexpectedly fell in December amid declining demand for machinery and primary metals, pointing to a further slowdown in business spending on equipment that could crimp economic growth.
The U.S. Commerce Department Sent a Report on Sunday to U.S. President Donald Trump that Could Unleash Steep Tariffs on Imported Cars and Auto Parts
A report from the Center for Automotive Research in Ann Arbor, Michigan, published on Friday showed its worst-case scenario of a tariff of 25 percent would cost 366,900 U.S. jobs in the auto and related industries.