Employment data is crucial for assessing the health of the economy; the April 2024 US data fell short of expectations, signaling potential job creation and economic growth slowdowns.
Bitcoin Adds 4.5% as Stocks Reverse Lower on Hawkish Fed Commentary
Bitcoin outperformed stocks as it managed to recover most of the week's losses while equities tumbled late in the U.S. trading session.
Contrasting statements from Fed officials like Kashkari and Powell led to market volatility, with investors focusing on the rate outlook based on upcoming employment data.
S&P 500 hits historic highs - London Business News | Londonlovesbusiness.com
Wall Street surged with S&P 500 hitting a record high, driven by Fed's potential rate cuts, despite investor caution over economic uncertainties.
US sharply lowers number of jobs added in year ending in March
US labor market shows signs of slowing, prompting debate on the timing and extent of potential Federal Reserve interest rate cuts.
New US job market numbers weaker than expected as Fed eyes interest rate cut
The US job market shows weaker performance than previously reported, with a significant downward revision in job creation.
Recession fears spooked investors this week, but this is what a soft landing should look like
Employment data is crucial for assessing the health of the economy; the April 2024 US data fell short of expectations, signaling potential job creation and economic growth slowdowns.
Bitcoin Adds 4.5% as Stocks Reverse Lower on Hawkish Fed Commentary
Bitcoin outperformed stocks as it managed to recover most of the week's losses while equities tumbled late in the U.S. trading session.
Contrasting statements from Fed officials like Kashkari and Powell led to market volatility, with investors focusing on the rate outlook based on upcoming employment data.