The number of Americans filing for Jobless claims dropped to 411,000 but missed economists’ forecast by a wide margin, probably due to
Earnings calendar for the week of June 28

The number of Americans filing for Jobless claims dropped to 411,000 but missed economists’ forecast by a wide margin, probably due to
With only a few major companies remaining to report this season, there will be fewer earnings events in the coming week. Key
Latest economic data evoked mixed sentiment this week -- the rebound in economic activity has raised inflation concerns while jobless claims declined
In a sign that economic recovery is accelerating, unemployment claims dropped to a fourteen-month low. Buoyed by the improving employment scenario and
In a sign that economic recovery is picking up pace, weekly jobless claims dropped to a new pandemic low of around 444,000
Benchmark stock indexes pared their recent gains early this week amid elevated inflation concerns, but regained a part of the momentum later
Stock markets rallied amid mixed cues on the health of the labor market, with latest data showing that payrolls grew at a
Investor sentiment was hit by the government's proposal to levy higher capital gain tax on wealthy individuals, and the market shifted to
The market rally gathered pace this week amid impressive quarterly results, led by the banking sector, and positive economic data. Leading stock
The Federal Reserve's bullish outlook on the economy, projecting a 6.5% growth this year, evoked mixed reaction as inflation fears dampened the
This week, the spotlight was on the $1.9-trillion coronavirus relief package that became law after President Joe Biden officially signed the bill.
Market sentiment continues to be centered around the government's stimulus package, which is expected to be finalized late next week after the
The benchmark indexes mostly stayed on an upward trajectory before edging down towards the end of the week, indicating that the excitement
While the markets got a boost a couple of weeks ago after Congress passed the new stimulus bill, investors seem to have