Search results
Results from the WOW.Com Content Network
The unemployment rate was 3.8%, compared to the forecast for 3.7%. Stock market futures turned sharply negative following the report and Treasury yields jumped. Dow futures were down more than 250 ...
May 10, 2024 at 6:09 PM. Stocks Surge On Healthy Earnings Season, Rising Jobless Claims: This Week In The Markets. It's been a quiet week in the markets, marked by a dearth of major economic news ...
Here were the main metrics from the print, compared to consensus estimates compiled by Bloomberg. Non-farm payrolls: +431,000 vs. +490,000 expected and an upwardly revised +750,000 in February ...
Gusto, Inc. is a company that provides a cloud-based payroll, benefits, and human resource management software for businesses based in the United States. Gusto handles payments to employees, and contractors and also handles electronically the paperwork necessary to help client companies comply with tax, labor, and immigration laws. [3]
Relief came from the bond market, where Treasury yields eased to release some of the pressure on the stock market. The moves resulted from strengthening expectations among traders that the Federal Reserve may indeed cut its main interest rate this year. Stocks that tend to benefit the most from lower interest rates helped lead the market.
Economists polled by Reuters had forecast private employment would increase by 189,000. Wages for workers remaining in their jobs increased 6.2% in the 12 months through July after advancing 6.4% ...
Average hourly earnings, a key measure for inflation, increased 0.2% for the month, less than the 0.3% forecast, while the 4.1% year over year again was 0.1 percentage point above expectations.
The social media giant's stock fell more than 10% following its earnings release. Alphabet ... Economic news: Nonfarm payrolls, April (+250,000 expected, +303,000 previously); ...