Page 13 - Jeffrey Roach News Today

* U.S. stocks down in afternoon trade * 10-year Treasury yield eases * Data shows U.S. producer price unexpectedly fall...

Economists expect the economy to slow down this year but said that it was unlikely to crash in 2024.

Inflation report seen as critical to allowing the Fed to lower rates in 2024.

Apple and Microsoft moved lower to pull the Nasdaq down, while the Dow edged up. All eyes are on the non-farm payroll report due out tomorrow.

Important metrics to track include the flow of individuals entering the labor force and the ratio of part-time workers to full-timers.

U.S. crude futures rose more than $2 on Friday as U.S. Secretary of State Antony Blinken prepared to visit the Middle East in an attempt to contain flaring regional tensions as the Israel-Hamas...

Brent crude futures were up $1.17, or 1.51%, at $78.76 a barrel, while S West Texas Intermediate crude futures were up $1.62, or 2.26%, to $73.82 by 10:42 CST (1642 GMT).

WASHINGTON: US employers hired more workers than expected in December while raising wages at a solid clip, prompting financial markets to dial back expectations that the Federal Reserve would start...

US employers hired more workers than expected in December while raising wages at a solid clip, prompting financial markets to dial back expectations that the Federal Reserve would start cutting interest rates in March. There were, however, potential red flags in the closely watched employment repo

Despite hotter-than-expected hiring gains, Fed rate cuts remain on the table for 2024.