- Featured CommentariesMarket Daily UpdatesStock Market Today: December 7, 2022William G. Ferguson | 12/07/2022
At 8:30 A.M. (EST), we did get revised U.S. productivity figures from the Labor Department. Specifically the report showed that third-quarter productivity climbed by 0.8%, which was better than expectations and revised higher from the previous estimate of +0.3%.
Market Daily UpdatesStock Market Today: December 6, 2022Mario Ferro | 12/06/2022Stocks began yet another week on the down side Monday, as investors reacted negatively to favorable economic news. U.S. stock futures are hovering around the unchanged mark, as we near the start of a new trading session.
Market Daily UpdatesStock Market Today: December 5, 2022Adam Rosner | 12/05/2022The U.S. stock market may get off to a lackluster start this morning, given that the equity futures have been under some pressure in pre-market trading.
Market Daily UpdatesStock Market Today: December 2, 2022David M. Reimer | 12/02/2022Stock market futures are negative this morning, as investors consider unexpectedly strong data on the labor market. Nonfarm payrolls increased by 263,000 in November, versus a revised gain of 284,000 in the prior month. The major market indexes may be hard pressed to post improvement for all of this week. Over the first two and one-half days of trading, share prices generally moved lower. Then, on Wednesday afternoon stocks surged higher following remarks from Fed chair Jerome Powell. Today’s data, however, has put a damper on momentum.
Market Daily UpdatesStock Market Today: December 1, 2022William G. Ferguson | 12/01/2022The market rallied yesterday on commentary from Federal Reserve Chairman Jerome Powell. This morning the attention of Wall Street turned to the U.S. economy, with a number of releases before the opening bell. The report of highest importance to the Federal Reserve and investors was the latest data on personal income and spending, specifically the Personal Consumption Expenditures (PCE) Price Index.