Initial jobless claims rose just 1,000 to 199,000, beating expectations, while layoffs hit a two-year low. The labor market holds firm heading into...
ISM manufacturing PMI jumped to 55.6 in July, crushing the 54.0 consensus as factory employment swung back into growth. Oil plunged 7% on Iran peace hopes.
June durable goods orders rose just 0.3%, missing the 2.1% consensus. But strip out Boeing and core capex beat at +0.9%. A monster week lies ahead.
Services PMI surged to 53.6 in July, crushing expectations, while new home sales beat at 628K. Combined with yesterday's 187K jobless claims print, the...
No major U.S. economic data today, but starting Thursday it is a two-week sprint through jobless claims, flash PMIs, new home sales, FOMC, Q2 GDP, and PCE.
Nasdaq futures jumped 1.4% as chip stocks rebounded, 87% of early S&P 500 earnings beat estimates, and ceasefire diplomacy pulled oil back from...
Markets face the lightest economic calendar of July as the LEI drops today — then next week unleashes FOMC, Q2 GDP, PCE inflation, and the employment...
Consumer sentiment hit 54.4 in July, its highest since February, while housing starts surged to 1.427M. But building permits slid and industrial...
Producer prices fell 0.3% in June — the first monthly decline since July 2022 — as collapsing energy costs dragged wholesale inflation lower. But...
Congrats to Donald Trump on his re-election efforts. While everyone is cheering or jeering, we’ve been taking a trip down memory lane for clues as to what might come next…