2024-07-08 09:05:20
Markets
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Optimism in Global Markets Amid Economic Developments
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The Street
Stock Market Today: Stocks higher into jobs data; Tesla extends run TheStreet Daily Newsletter
Finance
Economy
Technology
U.S. equity futures rose slightly ahead of the June jobs report, which is expected to show a modest decline in job growth and slower wage gains. Stocks extended gains earlier this week, with the S&P 500 reaching a new record high. Chip stocks could see early momentum following an update from Samsung forecasting a surge in operating profits. Investors are closely watching the jobs data for signs of cooling inflation that could influence the Federal Reserve's rate decisions.
Yahoo Finance
Optimism rising high, soft landing on track
Finance
Economy
Politics
Investors are in an optimistic mood as the U.S. jobs figures keep the "soft landing" story on track, lowering the dollar and bond yields, and fueling the rally in stocks. Most major equity markets are at record or multi-year highs, and there doesn't seem to be much on the immediate horizon to derail them. Asia opens in good shape, with Japan's Nikkei 225 index reaching a new record high and other regional indices also performing well. The focus in Asia this week will be on central bank policy..
Yahoo Finance
Euro Slips on French Vote Impact, Stocks Inch Up: Markets Wrap
Finance
Economy
Politics
Technology
The euro fell amid concerns about France's post-election finances, while Asian shares gained slightly, led by a rise in Taiwan's index. The common currency slid as no French political party won a majority, heightening the risk of political instability. However, this also potentially constrains the influence of left-wing and far-right parties. Asian stocks rose, with the tech sector leading, while China's CSI 300 index retreated. Traders are awaiting US inflation data and Federal Reserve Chair..
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