Stocks ticked upward this morning after finishing last week at record highs. On Friday, stocks rallied into the close after the House passed the more than $1 trillion infrastructure bill that the Senate approved in late August. A better than expected October jobs report helped lift all...
Investors were cautiously optimistic this morning ahead of the release of October payroll numbers. We’ll get a glimpse of how the labor market is reacting to the removal of pandemic benefits. October was the first full month of hiring since federal enhanced unemployment benefits expired in September. ...
Stocks were flat this morning after Fed commentary helped lift stocks to fresh record highs in yesterday’s session. The central bank said the U.S. economy is now strong enough to handle an unwinding of pandemic stimulus. The Fed plans to begin tapering its emergency bond-buying program later...
Trading was muted this morning after the three major indices logged their third straight day of record closes. All eyes will be on the Federal Reserve today as investors await results from the November FOMC meeting. Fed chair J. Powell is expected to address plans for scaling...
Stocks were flat to start the day as investors anticipated a number of potentially market-moving events. Aside from a host of earnings updates, results from the FOMC meeting will be announced tomorrow, and on Friday, October payrolls will be reported. With stocks in record territory, some analysts...