Tag

#economic data

2 articles

Finance

Market Navigates Key Resistance, Awaits Crucial Labor Data

The stock market is grappling with a key resistance level at 617, awaiting crucial labor market data for direction. Spotify shows strength amidst broader market caution, while bond yields ease on softer economic readings. Investors are keenly focused on the upcoming jobs report, which could dictate the next market move.

6 days ago
Finance

Retail Sales Surge, Inflation Fears Linger

U.S. retail sales saw a significant 1.3% surge in May, surpassing expectations and indicating consumer spending resilience. However, persistent inflation fears loom, complicating the Federal Reserve's monetary policy decisions.

6 days ago