tldrdailynews.com logo
Tag

Economic Data

All articles tagged with #economic data

Stocks hit fresh records as futures drift near flat ahead of data and the summer lull
business1 month ago

Stocks hit fresh records as futures drift near flat ahead of data and the summer lull

U.S. stocks closed at fresh record highs on Tuesday, with the S&P 500 above 7,600 and the Dow up about 229 points as the Nasdaq barely rose; futures were little changed after the session. Investors eye upcoming ADP payrolls and the final durable goods report, while analysts warn of a potential summer pause despite AI-driven demand. Medtronic and Macy’s are due to report before Wednesday’s opening bell, and after-hours moves included Palo Alto Networks, GitLab and Ulta Beauty amid ongoing geopolitical tensions in the Middle East.

via CNBC|
#ai-investing#business#economic-data
Stock Futures Dip as Fed Holds Rates and Oil Rises on Tensions
market-news2 months ago

Stock Futures Dip as Fed Holds Rates and Oil Rises on Tensions

U.S. stock futures declined after the Fed kept rates unchanged and oil climbed on Middle East tensions; the Dow and S&P fell while the Nasdaq edged higher, with Meta dropping about 7% after-hours on weak user growth, Microsoft flat, Alphabet up around 7% on strong revenue/cloud performance, and Amazon rising ~3% on cloud growth. Regular trading saw mixed results across indices, and investors await earnings from Lilly, Mastercard, Merck, Caterpillar, Roku, Apple, Rivian, Roblox, and Twilio, along with key economic data on initial jobless claims, Q1 GDP, personal income/spending, and the PCE price index.

via TipRanks|
#big-tech-earnings#economic-data#fed-decision
markets2 months ago

Nikkei at record as Asia stocks ride Wall Street rally and China GDP beats

Asian equities rose after Wall Street closed at new highs, with Japan’s Nikkei 225 jumping about 2.6% to a record 59,624 and Korea’s KOSPI also higher. China beat expectations with Q1 GDP up 5.0% and March industrial production up 5.7% (retail sales +1.7%), signaling resilient growth despite domestic demand mixed signals. Sentiment was aided by hopes for progress in U.S.–Iran diplomacy and AI-related optimism, while Australia’s job data showed unemployment steady at 4.3% amid ongoing hiring strength.

via Investing.com|
#asia-stocks#china-gdp#economic-data
markets4 months ago

US stock futures slip ahead of Fed minutes and key data

US stock index futures fell in holiday-thinned trading as investors awaited the Federal Reserve’s January minutes and a slate of key data later this week, with Nasdaq-100 futures down about 0.8%, S&P 500 futures off 0.5% and Dow Jones futures down 0.3%. Traders will scan the Fed minutes, Fed speakers, industrial production, durable goods, December trade data, and Friday’s PCE inflation report for clues on the path of rates, following mild inflation data last week that tempered gains and kept tech volatility in focus. Trading volumes were light due to the market holiday.

via Investing.com|
#ai#economic-data#fed-minutes
US retail spending stalls in December as inflation and gloom weigh in
business5 months ago

US retail spending stalls in December as inflation and gloom weigh in

U.S. retail sales were unchanged in December, missing economists’ expectations of about 0.4% growth and reversing November’s gain. The flat month came as furniture and miscellaneous stores fell (-0.9% each) while home improvement rose 1.2%, and the control group slipped 0.1%. The report, seasonally adjusted but not inflation-adjusted, was delayed by last year’s government shutdown. Despite slower hiring and stubborn inflation, Americans haven’t slashed spending, but December’s stagnation suggests consumer activity may be nearing a spending ceiling.

via cnn.com|
#business#commerce-department#consumer-spending
Missing Economic Stats Threaten Policy, Jobs, and Growth
economy5 months ago

Missing Economic Stats Threaten Policy, Jobs, and Growth

A Business Insider Discourse piece argues that a steady erosion of government-held economic data—driven by budget constraints, survey slowdowns, and a lengthy shutdown—could leave the Fed, businesses, and households making decisions with less reliable signals. Private data sources can’t fully substitute for core statistics like unemployment and inflation, risking delayed or miscalibrated policy, fewer hiring plans, and higher recession risk as trust in data declines.

via Business Insider|
#bls#data-degradation#economic-data