Tag Archives: points

Stocks rose in a choppy session Wednesday as investors mulled a fresh batch of earnings results from some major index components and tried to further shake off January’s volatility. The S&P 500, Dow and Nasdaq gained just after noon in New York.  A spate of better-than-expected corporate earnings helped partially offset some more concerning signs of an Omicron-induced slowdown in growth at the start of the year. ADP reported Wednesday morning that private-sector U.S. employers cut 301,000… Source link

A better-than-expected jobs report for July shows the economy may soon be ready to run with reduced support from the Federal Reserve. Data from the U.S. Bureau of Labor Statistics released Friday morning showed 943,000 non-farm payroll gains last month, with the unemployment rate falling to 5.4%. The economy continues to inch closer to pre-pandemic shape. In the depths of the economic shutdown, employment levels dropped by as much as 22.4 million. As of July 2021, the economy appeared to… Source link

Federal Reserve officials are reiterating that single data points will not sway the central bank’s patience on its easy money policies. Inflation data on Wednesday morning showed consumer prices increasing at the fastest rates in over 10 years. But Fed Vice Chairman Richard Clarida said later in the morning that he was “surprised” by the reading but unmoved from a policy perspective. “This is one data point, as was the labor market report,” Clarida said, referencing the Source link

  Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, April 16, 2021 Initial claims slowly start moving lower When the COVID-19 pandemic rapidly descended on the U.S. economy in the winter of 2020, one of the first economic data points that captured the sheer scale of the looming disaster was weekly initial jobless claims.  For the week ending March 21, 2020, initial claims skyrocketed to record-breaking levels as lockdowns roiled the jobs… Source link

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)    * Weekly jobless claims unexpectedly rise    * Micron jumps after upbeat revenue forecast    * Indexes: Dow +0.50%, S&P 500 +0.95%, Nasdaq +1.48% (New throughout, updates prices, market activity and comments to add afternoon trading, new byline)    By Noel Randewich    April 1 (Reuters) – The S&P 500 jumped past the 4,000 mark for the first time on Thursday, riding gains… Source link

Daryl Morey oversaw the creation of the most 3-point-happy teams in NBA history. He now wants to see fewer 3-pointers. The Philadelphia 76ers president of basketball operations had some interesting comments about the 3-pointer during an appearance on the podcast “The Rights to Ricky Sanchez,” in which he discussed the rise, impact and future of the shot that now dominates the league. Specifically, he suggested 3-pointers should be worth only two and a half points. From Radio.com: “We have two of… Source link

A Google-backed local journalism project aimed at supporting smaller publishers sidelined by big tech and media conglomerates has released its first set of resources. They include a database of over 700 North American news outlets — across TV, print, and radio and newer formats such as podcasts and email newsletters —and a 16-page report detailing the sub-sector’s business models, governance and workforce diversity. Both fall under the Project Oasis banner announced last March. The… Source link

Even when pushing for a trade, James Harden can drop numbers like no one else. (Photo by Steph Chambers/Getty Images) It’s hard to say what the on-court expectations are for a player making his debut after several weeks of trying to force his way out of an organization while openly partying at clubs during a pandemic, but it seems safe to declare that James Harden exceeded them in the Houston Rockets’ season opener. The Rockets star dropped 44 points and 17 assists in his first game with… Source link

TipRanks 3 Stocks Flashing Signs of Strong Insider Buying Sometimes, following a leader makes the best investment strategy. And corporate insiders have long been popular leaders to follow. Their combination of responsibility to their stockholders and access to ‘under the hood’ information on their companies gives their personal investment choices an air of authority.The most important thing about these insiders is that whatever else they do, they are expected to shepherd their companies to… Source link

Heading into the final week of the 2020 presidential campaign, former Vice President Joe Biden now holds his largest-ever lead over President Trump, according to a new Yahoo News/YouGov poll — a 12-point margin that’s four times the size of Hillary Clinton’s national advantage over Trump at this point in 2016. Source link