jobless claims

3+ articles

Christmas Eve rally Economic Recovery Economy Federal Reserve Finance

Jobless Claims Fall as Labor Market Holds Steady, Future Economic Impact Unclear

Applications for unemployment benefits recently decreased, indicating stability in the job market. While January saw promising job gains, revisions revealed a weaker performance last year, sparking discussions on economic recovery and future policy decisions. Will the Federal Reserve adjust rates accordingly?

Feb 20

Jobless Claims Fall as Labor Market Holds Steady, Future Economic Impact Unclear

Market Snooze: December 26 Predicted to be a Calm Trading Day

Stakeholders are prepping for a serene trading session on December 26, 2024, attributed to global market closures due to the holiday season. Tom Essaye of Sevens Report Research gives this forecast, pointing out that jobless claims are the only significant event on the radar. Minimal trading activity could lead to increased volatility and less liquidity, making it a day to watch quietly from the sidelines.

Dec 27

Market Snooze: December 26 Predicted to be a Calm Trading Day

Stock Markets Slow Down After Record Christmas Eve Rally

The US stock market saw slower activities on December 25, 2024, following a significant Christmas Eve rally. This rally was the S&P 500's best Christmas Eve performance since 1974. With the holiday season in full swing and major European markets closed, trading volumes remained low. Despite mixed jobless claims data, market sentiment towards the Federal Reserve's future actions remained unchanged.

Dec 26

Stock Markets Slow Down After Record Christmas Eve Rally