Friday’s jobs report could highlight cracks in Trump’s labor market
55 years, 2 months ago

Friday’s jobs report could highlight cracks in Trump’s labor market

CNN  

The New York Stock Exchange is seen on February 26. Seth Wenig/AP Wall Street’s miserable March improved Friday after investors spent the week trying to make sense of the White House messaging on its trade policy. As a week full of uncertainty about President Donald Trump’s tariffs draws to a close, futures tied to all three major indexes moved higher ahead of the jobs report. Mexico’s President Claudia Sheinbaum said Thursday that “virtually all” of Mexico’s trade with the United States is included in that agreement, but a White House official added some nuance, noting that about 50% of imports from Mexico and 36% of imports from Canada are covered. But this administration is about Main Street.” Commerce Secretary Howard Lutnick told CNBC in an interview “The fact that the stock market goes down a half a percent or a percent, it goes up a half a percent or percent — that is not the driving force of our outcomes.” And for his part, Trump said Thursday “I’m not even looking at the market.”

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History of this topic

Stock market today: Wall Street drifts and Trump Media jumps despite souring moods for US consumers
5 days, 16 hours ago

Stock market today: Wall Street drifts and Trump Media jumps despite souring moods for US consumers

Associated Press  

NEW YORK — Wall Street is quieter on Tuesday after roaring the day before on hopes that President Donald Trump’s tariffs may not be as sweeping as earlier feared. Monday’s spurt for Wall Street came on hopes that Trump’s “reciprocal” tariffs may be more targeted than had been feared. Even if Trump’s tariffs do end up being less painful for …

Wall Street falls in a manic day after briefly dropping more than 10% below its record
2 weeks, 5 days ago

Wall Street falls in a manic day after briefly dropping more than 10% below its record

Associated Press  

▶ Follow live updates on President Donald Trump and his new administration NEW YORK — The U.S. stock market fell further Tuesday following President Donald Trump’s latest escalation in his trade war, briefly pulling Wall Street 10% below its record set last month. Share Share Facebook Copy Link copied Print Email X LinkedIn Bluesky Flipboard Pinterest Reddit And moves by …

Economic slowdown fears grip US markets, Nasdaq sinks by 4%
2 weeks, 5 days ago

Economic slowdown fears grip US markets, Nasdaq sinks by 4%

Firstpost  

US stocks plunged on Monday as fears of an economic slowdown grew after President Donald Trump did not dismiss concerns that his tariffs could trigger a recession. Reuters US stocks tumbled on Monday over growing fears of an economic slowdown after President Donald Trump did not rule out the possibility of his tariffs causing a recession. The Nasdaq dropped 4.0 …

Economic slowdown fears grip US markets, Nasdaq sinks by 4%
2 weeks, 5 days ago

Economic slowdown fears grip US markets, Nasdaq sinks by 4%

Firstpost  

US stocks plunged on Monday as fears of an economic slowdown grew after President Donald Trump did not dismiss concerns that his tariffs could trigger a recession. Reuters US stocks tumbled on Monday over growing fears of an economic slowdown after President Donald Trump did not rule out the possibility of his tariffs causing a recession. The Nasdaq dropped 4.0 …

'Not A Good Look': Fox News Host Spots Trouble For Trump After Stock Market Plunge
Trending News
2 weeks, 5 days ago

'Not A Good Look': Fox News Host Spots Trouble For Trump After Stock Market Plunge

Huff Post  

LOADING ERROR LOADING “Obviously, the Dow is 1,500 points below where it was when Donald Trump took office. That’s not a good look,” said the “America Reports” co-anchor off-camera as he turned to the Dow Jones Industrial Average — which fell over 1,000 points and ultimately was down 890 points by day’s end. Roberts, in a separate Fox News appearance …

US economic worries mount as Trump implements tariffs, cuts workforce and freezes spending
Trending News
3 weeks, 1 day ago

US economic worries mount as Trump implements tariffs, cuts workforce and freezes spending

Associated Press  

WASHINGTON — With his flurry of tariffs, government layoffs and spending freezes, there are growing worries President Donald Trump may be doing more to harm the U.S. economy than to fix it. In an interview to air Sunday on Fox News’ “Sunday Morning Futures,” Trump was pressed to provide some clarity on his tariffs agenda that has caused uncertainty to …

The US economy added 151,000 jobs last month and the unemployment rate rose to 4.1%
55 years, 2 months ago

The US economy added 151,000 jobs last month and the unemployment rate rose to 4.1%

CNN  

The New York Stock Exchange is seen on February 26. Seth Wenig/AP Wall Street’s miserable March improved Friday after investors spent the week trying to make sense of the White House messaging on its trade policy. Mexico’s President Claudia Sheinbaum said Thursday that “virtually all” of Mexico’s trade with the United States is included in that agreement, but a White …

Stock market today: Wall Street ends its wild week with what else but more swings
3 weeks, 2 days ago

Stock market today: Wall Street ends its wild week with what else but more swings

Associated Press  

NEW YORK — Wall Street rose on Friday, but only after careening through another wild day. Recent, discouraging surveys had shown souring confidence for U.S. businesses and households because of uncertainty around Trump’s tariffs, and economists were waiting to see if Friday’s report would show if that was translating into real pain for the economy and job market. “To sum …

How will Donald Trump’s tariff policy dictate Wall Street and global markets? EXPLAINED
Trending News
3 weeks, 4 days ago

How will Donald Trump’s tariff policy dictate Wall Street and global markets? EXPLAINED

Live Mint  

Trump tariffs impact: Wall Street's main indexes edged up on Wednesday, after better-than-expected services data allayed worries of a slowdown in the U.S. economy, while investors awaited a potential softer approach from President Donald Trump on trade policy. The S&P 500 was basically unchanged in morning trading after losing 6% since setting its all-time high last month and returning to …

'Recession is coming': Critics outraged as Trump vows steep tariffs imminent
3 weeks, 5 days ago

'Recession is coming': Critics outraged as Trump vows steep tariffs imminent

Raw Story  

President Donald Trump says he's done delaying the massive tariffs he planned to enact on America's neighbors, telling reporters Monday: "No room left for Mexico or for Canada. "You can watch the stock market tank in the bottom corner of Fox's broadcast as Trump talks about tariffs," wrote independent journalist Aaron Rupar. "Trump just made a new announcement about tariffs …

Stock market today: Wall Street finishes a winning week just shy of a record
1 month, 2 weeks ago

Stock market today: Wall Street finishes a winning week just shy of a record

Associated Press  

NEW YORK — Wall Street edged back from its all-time high on Friday, as U.S. stock indexes drifted following mixed profit reports from big companies. The S&P 500 still closed out its first winning week in the last three thanks in part to reports showing companies made even fatter profits at the end of 2024 than analysts expected. Besides squeezing …

'Trump slowdown': Critics hammer President for lackluster jobs report
1 month, 3 weeks ago

'Trump slowdown': Critics hammer President for lackluster jobs report

Raw Story  

Numbers released by the Bureau of Labor Statistics on Friday showed that the United States economy added just 143,000 jobs in January, which missed Wall Street expectations of 169,000 jobs. Although most of the jobs data for the month came while Joe Biden was still the president, that didn't stop President Donald Trump's critics from pouncing on the disappointing number …

Wall St Week Ahead-Inflation data to test market as tariff talk swirls
1 month, 3 weeks ago

Wall St Week Ahead-Inflation data to test market as tariff talk swirls

Live Mint  

By Lewis Krauskopf and Saqib Iqbal Ahmed NEW YORK, - A fresh look at the pace of inflation will test the U.S. stock market in the coming week, as investors worry that President Donald Trump's tariff plans are endangering Wall Street's hopes for interest rate cuts this year. "Inflation really is the wildcard for 2025 in terms of how it's …

Wall Street falls following Trump's tariffs, but not as badly as feared in the morning
1 month, 3 weeks ago

Wall Street falls following Trump's tariffs, but not as badly as feared in the morning

Associated Press  

▶ Follow live updates on President Donald Trump’s return to Washington NEW YORK — The threat of a punishing trade war sent Wall Street on a roller coaster Monday. After initially falling sharply on worries about President Donald Trump’s tariffs, U.S. stocks pared their losses after Mexico said it had negotiated a one-month reprieve. AP AUDIO: Wall Street falls following …

Wall Street week ahead: Spotlight on Trump trade war, jobs & manufacturing data
1 month, 4 weeks ago

Wall Street week ahead: Spotlight on Trump trade war, jobs & manufacturing data

Live Mint  

Wall Street investors will have a plenty of economic data to watch for in the week ahead. Besides economic data, the markets are likely to show some reactions to Donald Trump’s trade war, sparked by the US imposing sweeping tariffs on imports from Canada, Mexico and China. Economic calendar On February 3, separate reports on S&P final US manufacturing PMI …

Wall St Week Ahead-Trump’s first actions and job data to test market in January
3 months ago

Wall St Week Ahead-Trump’s first actions and job data to test market in January

Live Mint  

By Laura Matthews NEW YORK, - After closing the books on a banner year for U.S. stocks, investors expect to ride seasonal momentum into mid-January when a slew of economic data and a transition of power in Washington could send markets moving. Stocks tend to do well in the last five trading days of December and into the first two …

Wall Street hits more records after a just-right jobs report
3 months, 3 weeks ago

Wall Street hits more records after a just-right jobs report

LA Times  

U.S. stocks rose to records Friday after data suggested the job market remains solid enough to keep the economy going, but not so strong that it raises immediate worries about inflation. The quiet trading came after the latest jobs report came in mixed enough to strengthen traders’ expectations that the Federal Reserve will cut interest rates again at its next …

Stock market today: Wall Street edges back from its records as bitcoin briefly pops above $100,000
3 months, 3 weeks ago

Stock market today: Wall Street edges back from its records as bitcoin briefly pops above $100,000

Associated Press  

NEW YORK — The huge rally for U.S. stocks lost momentum on Thursday as Wall Street counted down to a big jobs report that’s coming on Friday. Bitcoin powered above $100,000 for the first time the night before, after President-elect Donald Trump chose Paul Atkins, who’s seen as a crypto advocate, as his nominee to head the Securities and Exchange …

Wall Street edges back from its records as bitcoin briefly pops above $100,000
3 months, 3 weeks ago

Wall Street edges back from its records as bitcoin briefly pops above $100,000

LA Times  

Holiday decorations adorn the New York Stock Exchange in New York’s Financial District on Wednesday. The huge rally for U.S. stocks lost momentum on Thursday as Wall Street counted down to a big jobs report that’s coming on Friday. Bitcoin powered above $100,000 for the first time the night before, after President-elect Donald Trump chose Paul Atkins, who’s seen as …

Wall Street Week: A Good Economy Meets Overheated Traders
7 months, 2 weeks ago

Wall Street Week: A Good Economy Meets Overheated Traders

Bloomberg  

Welcome to the Wall Street Week newsletter, giving you some investing food for thought from our conversations on Bloomberg Television with some of the best minds on Global Wall Street. I'm David Westin, and this week we include parts of our conversation with special contributor Larry Summers about where the Fed needs to head, with Harvard economist Greg Mankiw about …

‘Average People May Be on to Something Here’: Wall Street Week
9 months, 1 week ago

‘Average People May Be on to Something Here’: Wall Street Week

Bloomberg  

Welcome to the Wall Street Week newsletter, where the best minds on Global Wall Street give you some investing food for thought from our conversations on Bloomberg Television. I'm David Westin, and this week we talked with our special contributor, Larry Summers of Harvard, about generative AI's potential effects, with Glenn Hubbard of the Columbia Business School about the economic …

Wall St jumps as December jobs report eases rate worries
2 years, 2 months ago

Wall St jumps as December jobs report eases rate worries

Live Mint  

Wall Street's main indexes rallied on Friday as a slew of economic data including cooling wages and moderation in US jobs growth in December calmed worries over the Federal Reserve's rate-hike trajectory. The nonfarm payrolls rose by 223,000 jobs in December, data from the Labor Department showed, while a 0.3% rise in average earnings was smaller than expected and lower …

Business Highlights: Biden and recession fears, Revlon woes
2 years, 9 months ago

Business Highlights: Biden and recession fears, Revlon woes

Associated Press  

___ AP Interview: Biden says a recession is ‘not inevitable’ WASHINGTON — President Joe Biden says the American people are “really, really down” after a tumultuous two years with the coronavirus pandemic, volatility in the economy and now surging gasoline prices that are hitting family budgets. ___ Wall Street tumbles on fears for economy as more rates rise NEW YORK …

Stocks week ahead: Wall Street dealmakers have never been busier
3 years, 9 months ago

Stocks week ahead: Wall Street dealmakers have never been busier

CNN  

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Didi, China’s giant ride-hailing company, is gearing up to list 288 million American depositary shares on the New York Stock Exchange for between $13 and $14 each, raising roughly $4 billion. “There’s just a lot of activity that banks quite frankly weren’t prepared for.” Watching for …

Trump trade war hits jobs as hiring slows sharply at companies hurt hardest by tariffs
5 years, 9 months ago

Trump trade war hits jobs as hiring slows sharply at companies hurt hardest by tariffs

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Hiring slowed sharply in May, as companies in industries hardest …

Trump’s tweet on solid jobs report breaks protocol aimed at preventing investors from making early trades
6 years, 9 months ago

Trump’s tweet on solid jobs report breaks protocol aimed at preventing investors from making early trades

LA Times  

President Trump learned about Friday’s jobs report numbers in a call from his top economic advisor while flying on Air Force One on Thursday. The directive said part of the intent is to “prevent early access to information that may affect financial and commodity markets, and preserve the distinction between the policy-neutral release of data by statistical agencies and their …

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