ADVFN US – Market Content Editor

With increases in healthcare and government jobs partly offset by decreases in temporary and manufacturing jobs, the Labor Department released a report on Friday showing employment in the U.S. edged only slightly higher in the month of October. The Labor Department said non-farm payroll employment crept up by 12,000 jobs in October after jumping by…

The major U.S. index futures are currently pointing to a higher open on Friday, with stocks likely to regain ground following the sell-off seen in the previous session. Early buying interest may be generated in reaction to upbeat earnings news from big-name companies like Amazon (NASDAQ:AMZN) and Intel (NASDAQ:INTC). Shares of Amazon are surging by…

U.S. index futures rose in Friday’s pre-market, fueled by anticipation of key earnings reports from Chevron and Exxon Mobil, as investors awaited the crucial jobs report and the conclusion of the most intense week of S&P 500 earnings season. At 6:08 AM, Dow Jones futures (DOWI:DJI) rose 108 points, or 0.26%. S&P 500 futures gained…

Bitcoin falls below $71,000 after PCE data, while Ethereum sees sharp drop Bitcoin (COIN:BTCUSD) fell below $71,000 late Thursday morning, trading at $70,360, a 2.8% drop over the last 24 hours. This movement was in response to September’s Personal Consumption Expenditures (PCE) index data, which did not spur any expected rise in the crypto market.…

The Commerce Department on Thursday released its report on U.S. personal income and spending in the month of September, which includes the Federal Reserve’s preferred readings on consumer price inflation. The report said the personal consumption expenditures (PCE) price index rose by 0.2 percent in September after inching up by 0.1 percent in August. The…

The major U.S. index futures are currently pointing to a lower open on Thursday, with stocks likely to see further downside after coming under pressure late in the previous session. A negative reaction to earnings news from tech giants Microsoft (NASDAQ:MSFT) and Meta Platforms (NASDAQ:META) is likely to weigh on Wall Street early in the…

U.S. index futures fell in pre-market trading on Thursday, pressured by GDP readings that fell short of expectations, along with disappointing earnings reports from Meta (NASDAQ:META) and Microsoft (NASDAQ:MSFT). Reports on the Personal Consumption Expenditures (PCE) price index, a preferred inflation indicator by the Fed, and the October payroll report are highly anticipated as they…