Markets

US stocks climb as disappointing jobs report lifts stimulus hopes

US equities rose on Friday after disappointing labour-market data boosted hopes for an end-of-year stimulus compromise. The US added 245,000 nonfarm payrolls in November, handily missing the consensus economist estimate of 460,000 additions. The unemployment rate fell to 6.7% from 6.9% and met forecasts. Though the data suggests the nation’s […]
US stocks climb as disappointing jobs report lifts stimulus hopes
Markets

Dow tumbles 200 points after President Trump tests positive for COVID-19

US stocks sank on Friday after President Donald Trump and First Lady Melania Trump said they both tested positive for COVID-19. The diagnosis adds more uncertainties to the final month of a presidential race already expected to fuel outsized market volatility. Investors also faced off against weakening economic data. US […]
Dow tumbles 200 points after President Trump tests positive for COVID-19
Markets

Snow could delay the release of the US jobs report

Mother nature may delay the release of the December US non-farm payrolls report, due Friday morning in America. According to Bloomberg, forecasts for snow in the Washington, D.C. area raise the possibility of a delayed opening for government agencies, potentially impacting the release of payrolls and trade data scheduled for […]
Snow could delay the release of the US jobs report
Markets

CHART: US payrolls growth almost always disappoints in August

Financial markets are now entering a holding pattern before the release of August US non-farm payrolls on Friday. While always a closely watched report, perhaps the single most important data release globally each and every month, this report has taken on added significance given the lift in US interest rate […]
CHART: US payrolls growth almost always disappoints in August