US EditionJob market is holding its breath amid tariff truce with China
- In 2025, U.S. and European trade representatives convened in Paris to discuss a temporary agreement on tariffs amid growing worries about the economy and employment.
- The meeting followed unresolved issues that divided Brussels and Washington, with few expecting a substantive trade agreement soon despite ongoing talks.
- Investors stayed cautious as U.S. stocks moved uncertainly following data indicating that job growth outside the government sector was weaker than anticipated in the previous month.
- Brent crude rose five cents to $65.68 per barrel while the Dow Jones added 53 points, reflecting mixed signals amid tariff-driven economic pressures.
- The tariff situation and weak hiring figures indicate possible economic tightening, which could negatively affect Friday's Labor Department jobs report and overall market confidence.
15 Articles
15 Articles
Ottumwa Courier
Wall Street stalls following a potentially discouraging report on the US job market
U.S. stocks are drifting in tentative trading following a potentially discouraging signal on the job market and economy. The S&P 500 edged up 0.2% Wednesday and lost some some momentum after a big rally drove it back within 3% of…
Job market is holding its breath amid tariff truce with China
Job openings and hiring increased slightly in April ahead of the Friday employment report from the Labor Department, which will be a major data point for the Federal Reserve as it determines the path for interest rates that undergird economic activity. Like other economic factors, including capital expenditures and consumer spending levels, employment conditions are…
The New York Stock Exchanges paid off their initially moderate losses on Thursday. However, after weak new job data as well as the important monthly labour market report on Friday, there was no clear willingness to buy.
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