Latest news with #WeeklyJoblessClaims
Business Insider
12 hours ago
- Business
- Business Insider
Closing Bell Movers: Nordson up 5% after Q3 earnings beat
In the opening hour of the evening session, U.S. equity futures are little changed following more losses in regular trading on Wednesday – S&P 500 eminis are down two points at 6,411, Nasdaq 100 is flat at 23,325, and Dow Industrials is off by a decimal below 44,975. In commodities, WTI Crude Oil remains below $63 per barrel despite the rebound earlier while Precious Metals are slightly firmer – Gold at $3,390 and Silver just shy of $38 per ounce. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Energy, Staples, and Health Care were once again the leading sectors on the S&P 500 while Tech and Consumer Discretionary fared the worst. Target (TGT) and Estee Lauder (EL) led the sellers in the consumer space after reporting results. In Tech, the 'wobble' in the AI space continued as Palantir (PLTR) – by far the best performing component of the index this year through the first week of August – faltered once again and has now lost 18% off its highs. Ahead of the Jackson Hole address by Fed Chairman Powell on Friday, minutes from the prior FOMC decision saw committee members remaining concerned with inflationary pressures induced by the administration's trade policy, even though the Fed still sees longer-term expectations as 'well anchored'. On Thursday, investors will tune in for the release of the Weekly Jobless Claims from the Labor Department, along with the release of Flash PMI data as an early indicator of economic activity in August. Check out this evening's top movers from around Wall Street, compiled by The Fly. HIGHER AFTER EARNINGS – Nordson (NDSN) up 4.9% ALSO HIGHER – Savara (SVRA) up 3.2% after publishing IMPALA-2 clinical trial results in NEJM Flutter Entertainment (FLUT) up 2.5% after entering into new event contracts platform with CME (CME) CoreWeave, Inc. (CRWV) up 1.0% after Jane Street disclosed 5.4% passive stake DOWN AFTER EARNINGS – Coty Inc. (COTY) down 15.6% ALSO LOWER – Invivyd, Inc. (IVVD) down 14.0% after equity offering SharkNinja, Inc. (SN) down 2.2% after equity offering
Yahoo
28-07-2025
- Business
- Yahoo
Heavy-Duty Earnings Week Commences
We tiptoe into one of the busiest weeks of the year — not only because Q2 earnings season shifts into a higher gear, but because this is the week that gives us a new Federal Open Market Committee (FOMC) meeting and Personal Consumption Expenditures (PCE) report (PCE is the Fed's preferred gauge on inflation). It's also Jobs Week, because June JOLTS, ADP ADP private-sector payrolls for July, Weekly Jobless Claims and the always-important Employment Situation report from the U.S. Bureau of Labor Statistics (BLS). Q2 Earnings Outlook This Week Again, we're starting slow in this busy week, but Q2 earnings season sets up to bring us four of the 'Magnificent 7' stock earnings reports between now and Thursday afternoon: Microsoft MSFT and Meta Platforms META on Wednesday after the bell and Apple AAPL and Amazon AMZN a day later. We'll see Cadence Design Systems CDNS and Whirlpool WHR report after today's closing bell. This week also brings us important mainstays on the earnings front such as Procter & Gamble PG, Starbucks SBUX and Visa V tomorrow, Ford F and Qualcomm QCOM Wednesday and ExxonMobil XOM Friday morning. In all, 164 companies of the S&P 500 will have posted earnings results by Friday, August 1st. Fed Unlikely to Lower Rates on Wednesday Despite President Trump's long and very visible campaign to change Fed Chair Jerome Powell's mind about the ongoing Fed funds rate — it's been at +4.25-4.50% since December of last year, meaning for the entirely of Trump's second term so far — due to a relative equilibrium having been reached in the Fed's dual mandate. An Unemployment Rate of +4.1% and an Inflation Rate at +2.7% (up from +2.3% reached a couple months ago) demonstrate current rates are having their desired effect. That said, Fed Governors Chris Waller and Miki Bowman are likely to file the first dissents in some time from the ongoing narrative about interest rates at the conclusion of the upcoming FOMC meeting Wednesday afternoon. There's only a 2% chance the Fed has enough votes to cut to outstrip Powell's opinion to keep interest rates where they are. After an August break, September's odds go up to +67% for a 25 basis-point (bps) cut. This is expected to once again raise Trump's hackles, although perhaps his early-week successes — a trade deal with the EU and ongoing negotiations with China in Stockholm, Sweden — will soothe the president somewhat. Any big, unexpected changes to PCE or the labor market this week — say a sub-100K read on monthly employment, a negative Q2 GDP or a near-+3% year over year PCE — will happen too late for the Fed to pivot on its final decision on rates this summer. Labor Market Solid… but Weakening? We don't see it in continually shrinking Initial Jobless Claims per week (back down to 217K last Thursday), but this week's jobs figures ought to help answer several questions raised in last week's Jobs Week reports: ADP private sector payrolls posted a negative -33K jobs filled in June, the first negative print in more than two years. And, while that Friday's subsequent BLS report came in at +147K, more than half of those new jobs came from State & Local Government. What that means is that only around 70K new jobs were filled in June outside government hires; 70K isn't enough to cover the monthly deluge of retiring Baby Boomers and older GenX. So another leg down here — as well as a Continuing Jobless Claims tally closing in on 2 million per week — would change the narrative of the U.S. having a strong labor market, thereby reviving the idea that the Fed needs to cut rates. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Inc. (AMZN) : Free Stock Analysis Report Ford Motor Company (F) : Free Stock Analysis Report QUALCOMM Incorporated (QCOM) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report Visa Inc. (V) : Free Stock Analysis Report Automatic Data Processing, Inc. (ADP) : Free Stock Analysis Report Exxon Mobil Corporation (XOM) : Free Stock Analysis Report Procter & Gamble Company (The) (PG) : Free Stock Analysis Report Starbucks Corporation (SBUX) : Free Stock Analysis Report Whirlpool Corporation (WHR) : Free Stock Analysis Report Cadence Design Systems, Inc. (CDNS) : Free Stock Analysis Report Meta Platforms, Inc. (META) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
28-07-2025
- Business
- Yahoo
Big Week for Jobs, Earnings and the Fed
Monday, July 28, 2025We tiptoe into one of the busiest weeks of the year — not only because Q2 earnings season shifts into a higher gear, but because this is the week that gives us a new Federal Open Market Committee (FOMC) meeting and Personal Consumption Expenditures (PCE) report (PCE is the Fed's preferred gauge on inflation). It's also Jobs Week, because June JOLTS, ADP ADP private-sector payrolls for July, Weekly Jobless Claims and the always-important Employment Situation report from the U.S. Bureau of Labor Statistics (BLS). Q2 Earnings Outlook This Week Again, we're starting slow in this busy week, but Q2 earnings season sets up to bring us four of the 'Magnificent 7' stock earnings reports between now and Thursday afternoon: Microsoft MSFT and Meta Platforms META on Wednesday after the bell and Apple AAPL and Amazon AMZN a day later. We'll see Cadence Design Systems CDNS and Whirlpool WHR report after today's closing week also brings us important mainstays on the earnings front such as Procter & Gamble PG, Starbucks SBUX and Visa V tomorrow, Ford F and Qualcomm QCOM Wednesday and ExxonMobil XOM Friday morning. In all, 164 companies of the S&P 500 will have posted earnings results by Friday, August 1st. Fed Unlikely to Lower Rates on Wednesday Despite President Trump's long and very visible campaign to change Fed Chair Jerome Powell's mind about the ongoing Fed funds rate — it's been at +4.25-4.50% since December of last year, meaning for the entirely of Trump's second term so far — due to a relative equilibrium having been reached in the Fed's dual mandate. An Unemployment Rate of +4.1% and an Inflation Rate at +2.7% (up from +2.3% reached a couple months ago) demonstrate current rates are having their desired said, Fed Governors Chris Waller and Miki Bowman are likely to file the first dissents in some time from the ongoing narrative about interest rates at the conclusion of the upcoming FOMC meeting Wednesday afternoon. There's only a 2% chance the Fed has enough votes to cut to outstrip Powell's opinion to keep interest rates where they are. After an August break, September's odds go up to +67% for a 25 basis-point (bps) is expected to once again raise Trump's hackles, although perhaps his early-week successes — a trade deal with the EU and ongoing negotiations with China in Stockholm, Sweden — will soothe the president somewhat. Any big, unexpected changes to PCE or the labor market this week — say a sub-100K read on monthly employment, a negative Q2 GDP or a near-+3% year over year PCE — will happen too late for the Fed to pivot on its final decision on rates this summer. Labor Market Solid… but Weakening? We don't see it in continually shrinking Initial Jobless Claims per week (back down to 217K last Thursday), but this week's jobs figures ought to help answer several questions raised in last week's Jobs Week reports: ADP private sector payrolls posted a negative -33K jobs filled in June, the first negative print in more than two while that Friday's subsequent BLS report came in at +147K, more than half of those new jobs came from State & Local Government. What that means is that only around 70K new jobs were filled in June outside government hires; 70K isn't enough to cover the monthly deluge of retiring Baby Boomers and older GenX. So another leg down here — as well as a Continuing Jobless Claims tally closing in on 2 million per week — would change the narrative of the U.S. having a strong labor market, thereby reviving the idea that the Fed needs to cut or comments about this article and/or author? Click here>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Inc. (AMZN) : Free Stock Analysis Report Ford Motor Company (F) : Free Stock Analysis Report QUALCOMM Incorporated (QCOM) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report Visa Inc. (V) : Free Stock Analysis Report Automatic Data Processing, Inc. (ADP) : Free Stock Analysis Report Exxon Mobil Corporation (XOM) : Free Stock Analysis Report Procter & Gamble Company (The) (PG) : Free Stock Analysis Report Starbucks Corporation (SBUX) : Free Stock Analysis Report Whirlpool Corporation (WHR) : Free Stock Analysis Report Cadence Design Systems, Inc. (CDNS) : Free Stock Analysis Report Meta Platforms, Inc. (META) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
26-06-2025
- Business
- Yahoo
Markets Surge on Tech Trade, "Not Critical" Tariffs
Thursday, June 26, 2025We started this trading week with some questions about the ability of the stock market to overcome some perceived major hurdles, a burgeoning war in the Middle East among them. Also, we've gotten a large dollop of economic news thus far for the week, including this morning's Weekly Jobless Claims and Q1 yet, nothing seems to faze market participants at this point and time. All markets except the small-cap Russell 2000 are now up for the year, with the S&P 500 a hair away from all-time highs back in February. The AI trade is back on to bolster tech stocks: NVIDIA NVDA and Palantir PLTR, for instance, are at new record highs. And the White House press secretary earlier today said the July 9th deadline on reciprocal tariffs is 'not critical,' meaning, perhaps, in the minds of stock market investors, 'non-existent.' Basically, to whatever extent people were checking their calendars for trade-busting tariffs on the horizon, they're not doing so now — and it's a cause for worsening Continuing Jobless Claims, reported on this morning in this space, indicate a labor market that is noticeably weakening. While this is not a good sign economically overall, it may provide a way forward for the Fed to resume cutting interest rates, which it hasn't done all year. Lowering rates is key to unlocking plenty of other aspects of the economy that haven't performed quite so well as NVIDIA and Palantir, such as the housing fiscal Q4 earnings after today's close is Nike NKE, and expectations were for a fairly dismal quarter. Fortunately, Nike beat on its bottom line for now the eighth-straight quarter with earnings of 14 cent per share, 2 cents better than anticipated. Revenues in the quarter came in at $11.1 billion. That said, these results pale in comparison to the year-ago figures of $1.01 per share on $12.61 billion in revenues of $46.3 billion outpaced the Zacks consensus, but were still down -10% year over year. North America revenues were down -11% year over year, and that same -11% applied to all regions around the world combined. After gaining +2.8% on this strong day of regular trading, however, Nike shares are down -1.6% on this earnings some point, investors will again begin evaluating these market levels after such a convincing bull run. We're not sure if tomorrow will be the day, but Personal Consumption Expenditures (PCE) data Friday morning may be a guide toward what to expect. Year over year projections are for a +2.3% read on PCE growth, +2.6% on core. These are near the Fed's inflation target of +2.0%, so any surprise closer to that mark may also be met with market or comments about this article and/or author? Click here>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NIKE, Inc. (NKE) : Free Stock Analysis Report NVIDIA Corporation (NVDA) : Free Stock Analysis Report Palantir Technologies Inc. (PLTR) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Connectez-vous pour accéder à votre portefeuille
Yahoo
13-06-2025
- Business
- Yahoo
Pre-Markets in Red on Middle-East Geopolitical Conflicts
We had thought, as of around mid-day yesterday, that all the major news items for the week had already passed. After all, both Consumer Price Index (CPI) and Producer Price Index (PPI) reports for May had already been released, marking the state of inflation in the U.S. economy. Also Weekly Jobless Claims and the small-business survey from NFIB came out. But all of it pales in comparison to Israel's military strike on Iran yesterday. The unprecedented event has immediately sent up oil and gold prices on the global market. Both West Texas Intermediate (WTI) and Brent crude prices are up over +7% this morning, pushing both levels over $70 per barrel. Just 5 weeks ago, oil was at 4-year lows: $57 per barrel. This is shaping up to be the largest one-day gain in oil prices for at least 5 has reportedly attacked Iran's nuclear facilities, located at various regions throughout the Mid-Eastern country. But analysts have long theorized that retaliation could come in terms of shutting down oil ports in the region, making availability scare and driving up the price per barrel. Those spot prices have already gotten a head start; we hadn't seen $70 oil since April 2nd, literally the day the U.S. slapped massive reciprocal tariffs on virtually all of its trade prices have surged in a similar manner — long seen as a hedge against global economic turmoil. After notching all-time highs two months ago to the day, at $3425 per ounce, gold prices have launched into another orbit: $3450 at this hour, up +1.4% so far today. For some context, these levels are more than double where we were at October 2022 lows of $1644 per yields are up also, but in a much more measured fashion. In fact, they're coming off relatively low levels in the past few days, and are now +4.36% on the 10-year, +3.93% on the 2-year and +4.86% on the 30-year. These yields have been policing U.S. market exuberance so far in 2025; it remains to be seen if it will also have an impact on current the Dow and S&P 500 are down -1% at this hour. The Nasdaq, which has again led market indexes over the past month, is down -1.3% currently. The small-cap Russell 2000 remains the laggard, as it has since early February, is down -1.4% so far this morning. After the market opens, a preliminary June Consumer Sentiment report is due, expected to come in a couple points higher month over month, to 54.0. But to be honest, the market will rest heavily on this morning's headlines — including what happens next, in terms of Iran's retaliation, etc. — and whether or not indexes can notch their third-straight week higher. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
