U.S. stocks ascended at Wednesday’s open as Wall Street counted down to a crucial inflation reading and big bank earnings later this week. The S&P 500 (^GSPC) rose 0.5%, while the Dow Jones Industrial Average (^DJI) added 130 points, or 0.4%. The technology-heavy Nasdaq Composite (^IXIC) also advanced by roughly 0.4%. U.S. Treasury yields pared their move higher from the previous session, with the benchmark 10-year note falling below 3.6%. The U.S. dollar index also retreated. Wells Fargo (WFC)… Source link
Read More »Payrolls rise by 223,000, unemployment rate falls to 3.5%
The last read on U.S. job growth in 2022 showed the labor market remained strong in the final month of the year, even as the Federal Reserve raised interest rates to the highest level in 15 years. The Labor Department published its monthly jobs report for December at 8:30 a.m. ET on Friday. Here are highlights from the release, compared to Wall Street estimates compiled by Bloomberg: Non-farm payrolls: +223,000 vs. +202,000 expected Unemployment rate: 3.5% vs. 3.7% expected Average hourly… Source link
Read More »Active investing poised to be on the rise in 2023
As 2022 nears a wrap, a trend is emerging that’s expected to gain traction next year — actively managed investment strategies — along with a custom strategy for people who like the idea of investing in a basket of companies, but want more control of what they invest in. Assets in direct indexing are expected to climb to $825 billion by 2026, from roughly $462 billion now, according to Cerulli Associates, a global research and consulting firm, based in Boston, Mass. That tops growth… Source link
Read More »Musk’s Twitter faces ‘unprecedented’ rise in competitors: MIT’s Sinan Aral
Elon Musk’s Twitter is facing a litany of challenges ranging from winning back advertisers who ditched the service to ensuring it can abide by a Federal Trade Commission (FTC) agreement to protect users’ privacy. And according to at least one expert, the negative attention is helping spur growth at competing platforms. “We see an unprecedented rise in competitors to Twitter,” MIT Sloan School of Management Professor Sinan Aral told Yahoo Finance Live. “We have seen an unprecedented… Source link
Read More »Stocks rise as Wall Street aims to snap losing streak
U.S. stocks turned higher in volatile trading Tuesday as investors attempted to thwart losses from stretching into a fifth day. A hawkish move by the Bank of Japan to adjust the cap on its 10-year government bond yield rattled markets in early trading, with investors worried aggressive monetary tightening by central banks around the world may cause a global recession. Last week, the U.S. Federal Reserve, European Central Bank, and others raised interest rates. The S&P 500 (^GSPC) inched up… Source link
Read More »Google and the Rise of Zero Click Searches
What is Zero Click? And how does it affect businesses and their SEO/PPC strategies? Semrush’s Marcus Tober joins me on the SEJ Show to discuss Semrush’s recent Zero Click study and how this fits into a growing trend in Google. Get insights on how Zero Click reshapes expectations of traffic, multi-touch attribution, and other traditional Google KPIs. Zero Clicks for us means there was an initial search and nothing after that. There was no continuation. And we did is we defined a session… Source link
Read More »Stocks rise after five days of losses for S&P 500
U.S. stocks rose Thursday morning as investors attempted to stymie this week’s losing streak across equity markets from stretching into another day as rate jitters and recession chatter hamper a seasonally bullish period for Wall Street. The S&P 500 (^GSPC) climbed 0.4% while the Dow Jones Industrial Average (^DJI) bounced 130 points, or also about 0.4%. The technology-focused Nasdaq Composite (^IXIC) advanced by the same margin. Renewed concerns over a sustained span of higher interest rates… Source link
Read More »Payrolls rise 263,000, unemployment rate holds at 3.7%
Job growth slightly abated in November alongside rising interest rates but reflected stronger-than-expected hiring momentum, even as worries of a recession grow. The Labor Department released the monthly jobs report for November at 8:30 a.m. ET on Friday. Here are the highlights, compared to Wall Street estimates compiled by Bloomberg: Non-farm payrolls: +263,000 vs. +200,000 expected Unemployment rate: 3.7% vs. 3.7% expected Average hourly earnings, month-over-month: +0.6% vs. +0.3%… Source link
Read More »Celebrating Two Years, the RISE and Google Partnership Continues to Advance Upskilling Opportunities for Women of Color
In the face of an uncertain economic recovery for communities of color, gendered and racialized pay gaps, and tech talent shortages, RISE, powered by The Mom Project in partnership with Google unlock ways to build opportunity for underserved women in the workforce NEW YORK, Nov. 29, 2022 /PRNewswire/ — RISE, the not for profit, equity-focused upskilling arm of The Mom Project, has announced that upon reaching its two-year anniversary of its partnership with Google, more than 5200… Source link
Read More »Stocks rise after Fed minutes signal rate hike slowdown
Stocks rose on Wednesday after the minutes from the Federal Reserve’s latest policy meeting signaled a likely slowdown in the central bank’s pace of interest rate increases next month. When the closing bell rang on Wall Street, all three major indexes were in green figures, with the S&P 500 up 0.6%, the Dow up 0.3%, and the Nasdaq higher by 1%. Wednesday marked the week’s final full trading session for U.S. investors. U.S. markets will be closed for Thanksgiving, and markets are open for just… Source link
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