ADVFN US – Market Content Editor
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US job openings at 8.8 million in February
Job openings in the United States stood at 8.8 million in February, little changed from the previous month, the US Bureau of Labor Statistics reported Tuesday. The job opening rate remained unchanged for the third month in a row at 5.3%. The Job Openings and Labor Turnover Survey (JOLTS) showed that the number and rate…
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US factory orders up 1.4% in February
New orders for manufactured goods in the United States stood at $576.8 billion in February, representing an increase of 1.4% month on month, the US Census Bureau revealed in its report on Tuesday. Shipments were also up 1.4% compared to January and reached $581.6 billion, while unfilled orders remained virtually unchanged at $1.3 trillion. Inventories…
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New Manufactured Goods Orders, Job Openings Reports Due
The Commerce Department is scheduled to release its report on new orders for manufactured goods in the month of February at 10 am ET. Factory orders are expected to increase by 1.0 percent in February after tumbling by 3.6 percent in January. Also at 10 am ET, the Labor Department is due to release its…
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Renewed Interest Rate Uncertainty May Weigh On Wall Street
The major U.S. index futures are currently pointing to early weakness on Tuesday, with stocks likely to see further downside after turning lower over the course of the previous session. Renewed uncertainty about the outlook for interest rates may weigh on the markets as traders digest recent U.S. economic data. Last Friday’s closely watched inflation…
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Dow, S&P 500 Give Back Ground But Nasdaq Inches Higher
After failing to sustain an early move to the upside, stocks moved mostly lower over the course of the trading day on Monday. The Dow and the S&P 500 gave back ground after ending last Thursday’s trading at record closing highs, while the tech-heavy Nasdaq managed to end the day in positive territory. While the…
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ISM: US manufacturing activity expands in March
The manufacturing activity in the United States in March recorded an increase from its previous reading in February, the Institute for Supply Management (ISM) stated in a report on Monday. The manufacturing PMI was registered at 50.3% in March, coming in above market expectations. The figure marked a rise of 2.5 percentage points when compared…
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US construction spending down 0.3% in February
Construction spending in the United States in February was estimated at a seasonally adjusted annual rate of $2,091.5 billion, marking a 0.3% decrease compared to the previous month’s revised rate, the US Census Bureau reported on Monday. On an annual basis, construction spending grew by 10.7% from the same month of 2023. Private construction spending…
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US manufacturing PMI falls slightly in March
The manufacturing activity in the United States continued to expand in March, although at a slower pace, the S&P Global revealed in its report on Monday. The Manufacturing Purchasing Managers’ Index for the reported month came in at 51.9, above the neutral 50 mark, but below February’s digit of 52.2. The expansion rate of manufacturing…
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Pre-Market U.S. Stock Movers – April 1st
Wall Street’s major stock exchanges opened Monday’s session trading mostly flat, as investors returned after the Good Friday break when the United States personal consumption expenditures data showed an increase of 0.8% in February. As the second quarter of the year is starting, and a little later after the opening bell, market participants are waiting…
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U.S. Stocks Close Little Changed Ahead Of Inflation Data
Following the strong upward move seen late in Wednesday’s session, stocks showed a lack of direction over the course of the trading day on Thursday. Despite the choppy trading, the Dow (DOWI:DJI) and the S&P 500 (SPI:SP500) reached new record closing highs. The major averages eventually ended the session narrowly mixed. While the Nasdaq (NASDAQI:COMP)…