Marketstrong

Stock Market: U.S. Stocks Rally to New Records as Tech Giants Lead the Way!

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Bangkok, Thailand – Stocks across Asia showed a mostly positive trend on Tuesday following a rally in U.S. markets, driven by the gains in technology companies. While U.S. futures remained steady, oil prices experienced a decline. Notable economic reports for the week include updates on U.S. retail spending and business activity in the country. American markets will be closed on Wednesday in observance of the Juneteenth holiday. In Tokyo, the Nikkei 225 index rose by …

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Labor Market: Job Openings Hit Lowest Level Since February 2021, Signaling Potential Economic Slowdown

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Miami, Florida – Job openings in the US fell to their lowest level in over a year in April, signaling a potential slowdown in the labor market’s recovery since the pandemic. New data from the Bureau of Labor Statistics revealed that there were 8.06 million job openings by the end of April, down from 8.35 million in March. This decrease comes after March’s figure was revised lower from the initially reported 8.48 million openings. Economists …

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Labor Market: Nasdaq Stumbles as Jobs Report Looms – What Investors Need to Know

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New York, NY – As May came to a close, the stock market experienced a mixed performance, with the Nasdaq Composite trading near flat, the S&P 500 showing a slight increase, and the Dow Jones Industrial Average declining. The pause in AI enthusiasm and concerns about the Federal Reserve keeping interest rates higher for a longer period seemed to influence investor sentiment. Looking ahead, the focus will be on labor market updates at the start …

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