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from24/7 Wall St.
1 week ago

Stock Market Live September 25: S&P 500 (VOO) Tumbles on Improved Jobs Report

Weekly U.S. unemployment claims fell to 218,000, implying stronger growth and less pressure for Fed rate cuts while companies report mixed earnings and some layoffs.
fromLondon Business News | Londonlovesbusiness.com
1 month ago

Dollar steady ahead of jobless claims data and Powell's Jackson Hole remarks - London Business News | Londonlovesbusiness.com

The US dollar was mostly unchanged on Thursday as investors avoided major positioning ahead of the Federal Reserve's Jackson Hole symposium. Market participants remain cautious, with sentiment restrained by concerns about monetary policy and political risks. Attention now shifts squarely to Fed Chair Jerome Powell's address on Friday. Markets are pricing in an 81% chance of a quarter-point rate cut in September. Another cut is expected in December.
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