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US Stocks Drift at the Start of a Week Full of Economic Updates
- On Monday, Wall Street traders in New York are pausing as the week starts with key U.S. economic reports that analysts say could shape rate expectations.
- Economists expect Tuesday's November jobs report to show 40,000 net jobs added and the unemployment rate at 4.4%, keeping the labor market central to Federal Reserve decisions.
- Indexes reflected a split between broad market drift and tech swings, with the S&P 500 down 0.1% and the Nasdaq composite 0.3% lower as Nvidia, chip company, rose 1.5% while Oracle sank 2.8%.
- Bond-Market moves and company-specific bankruptcies combined to influence the near-term outlook, as Treasury yields eased ahead of economic data and iRobot's Chapter 11 filing prompted a Picea sale process overseen by a U.S. bankruptcy court.
- Global markets signaled the week's risks as Europe gained following weaker Asia, with indexes down 1.3% in Hong Kong and Shanghai and Japan's Nikkei 225 sinking 1.3%.
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31 Articles
31 Articles
Hastings Tribune+3 Reposted by 3 other sources
US stocks slip at the start of a week full of economic updates
Wall Street is edging lower at the start of a week full of economic reports that could drive where interest rates, and thus stock prices, go. The S&P 500 slipped 0.1% Monday. The Dow Jones Industrial Average dipped 81 points,…
Rutland HeraldReposted by 
The Independent Online
The Independent OnlineUS stocks tick higher ahead of a week full of economic updates
Wall Street is rising at the start of a week full of economic reports that could drive where interest rates, and thus stock prices, go. The S&P 500 rose 0.3% Monday and clawed back some of its loss from last…
Bowen Island Undercurrent+5 Reposted by 5 other sources
Stocks rise at the start of a week chock full of reports on the economy
NEW YORK (AP) — Wall Street is rising at the start of a week full of economic reports that could drive where interest rates, and thus stock prices, go. The S&P 500 rose 0.3% in early trading Monday.
Coverage Details
Total News Sources31
Leaning Left6Leaning Right2Center15Last UpdatedBias Distribution65% Center
Bias Distribution
- 65% of the sources are Center
65% Center
L 26%
C 65%
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