The January jobs report absolutely blew away economists’ and market participants’ expectations. U.S. total nonfarm payroll employment expanded by an almost unthinkable 517,000 new jobs in January, the Bureau of Labor Statistics (opens in new tab) said Friday. Economists surveyed by Bloomberg (opens in new tab) were looking for the addition of 189,000 new jobs… Continue reading Jobs Report Shows Massive Hiring in January: What the Experts Are Saying
Kiplinger’s Weekly Earnings Calendar (Feb. 6-10)
Below is a weekly earnings calendar of the most important upcoming quarterly reports scheduled to be released by publicly traded companies. However, we have also provided expanded earnings previews for select companies. Please check back often. This earnings calendar is updated weekly. Monday (2/6)Tuesday (2/7)Wednesday (2/8)Thursday (2/9)Friday (2/10)(Editor’s Note: Earnings dates in tables are tentative.… Continue reading Kiplinger’s Weekly Earnings Calendar (Feb. 6-10)
Stock Market Today: Nasdaq Skyrockets After Meta Earnings, Buyback News
Most stocks jumped out of the gate Thursday, as optimism spilled over from Wednesday’s Fed meeting, where the central bank issued its smallest interest rate hike since March 2022. Solid guidance and big buyback news from Facebook parent Meta Platforms (META (opens in new tab)) – not to mention one of the best days ever… Continue reading Stock Market Today: Nasdaq Skyrockets After Meta Earnings, Buyback News
The S&P 500 Dividend Aristocrats Have 3 New Members
Long-term dividend-growth investors got some good news recently: The list of Best Dividend Stocks You Can Count On in 2023 and beyond is expanding to 67 equities in February. Standard & Poor’s annual rebalancing of the S&P 500 Dividend Aristocrats – an index of S&P 500 companies that have increased their dividends without fail for… Continue reading The S&P 500 Dividend Aristocrats Have 3 New Members
Fed Raises Interest Rates Yet Again: What the Experts Are Saying
As widely expected, the Federal Reserve downshifted its pace of interest rate hikes on Wednesday, but once again stressed that it has more work to do in its ongoing efforts to bring inflation under control. The Federal Open Market Committee (FOMC) raised the short-term federal funds rate by 25 basis points, or 0.25%, to a… Continue reading Fed Raises Interest Rates Yet Again: What the Experts Are Saying
Stock Market Today: Stocks Swing Higher After Powell Presser
Stocks spent most of Wednesday in negative territory as an onslaught of economic and earnings reports rattled investors early on. These losses quickly accelerated immediately after the central bank issued its latest rate hike, but stocks swung higher as Fed Chair Jerome Powell took the mic in a subsequent press conference. Today’s economic data indicated… Continue reading Stock Market Today: Stocks Swing Higher After Powell Presser
The Markets Were Miserable Last Year, But That’s Great News
It’s not a shock that the markets had a pretty abysmal year last year, in fact the worst since 2008. Not only that, 2022’s double-digit loss was the worst for the bond market since 1976, the first year tracked by the Barclays Agg. That being said, the miserable market is great news — but how?… Continue reading The Markets Were Miserable Last Year, But That’s Great News
Stock Market Today: Stocks Gain Ahead of Fed Meeting
Stocks closed higher Tuesday as investors parsed the latest round of earnings and economic data. One of the day’s most notable earnings reports came from Exxon Mobil (XOM (opens in new tab)), with the energy giant reporting record profits for all of 2022. And on the economic front, a welcome reading on inflation hit the… Continue reading Stock Market Today: Stocks Gain Ahead of Fed Meeting
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