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Labor Market Data to Shape Stock Market’s Future – Investors Brace for Key Jobs Report and Earnings Amidst Market Highs

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New York, United States – As the month of July kicks off, investors are preparing for a pivotal week of labor market data that could have significant implications for the remainder of 2024. The stock market has seen notable gains so far this year, with the S&P 500 up by 14.5% and the Nasdaq Composite surging over 18%, while the Dow Jones Industrial Average has seen a more modest increase of 3.8%. With stock prices …

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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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