Labor market conditions improved once again and jobless claims dropped to about 400,000 after rising last week, as economic activity picked up.
Despite strong trading and encouraging news from the labor market, benchmark stock indexes pulled back after making modest gains early in the
Technology stocks took a beating from the government’s decision to restore net neutrality and weighed on the benchmark indexes mid-week. But, the
In a sign that economic recovery is accelerating, unemployment claims dropped to a fourteen-month low. Buoyed by the improving employment scenario and
Stock markets rallied amid mixed cues on the health of the labor market, with latest data showing that payrolls grew at a
Leading stock indexes retreated after gaining mid-week when Wall Street biggies like Apple and Amazon reported impressive quarterly numbers. The Dow Jones
Investor sentiment was hit by the government's proposal to levy higher capital gain tax on wealthy individuals, and the market shifted to
This week, the spotlight was on the $1.9-trillion coronavirus relief package that became law after President Joe Biden officially signed the bill.
On the heels of lawmakers moving closer to passing the stimulus bill, inflation concerns gripped the market after Federal Reserve chief Jerome
It seems the GameStop saga is far from over, as the company's stock spiked again this week in a movement reminiscent of