Here’s what the U.S. monthly jobs report means for the S&P 500
S&P 500 is down 2.0% on Friday even after the Bureau of Labour Statistics said the U.S. economy added fewer-than-expected jobs in September. Unemployment rate declined in September Economists had forecast the nonfarm payrolls to climb by 275,000 but employers ended up
Unemployment back to 3.5%; New nonfarm payroll jobs at 17-month low
One thing is absolutely certain – the Fed will not be taking its foot off the gas. Jerome Powell will opt for an unprecedented fourth 75 bps hike during the November meeting. At the heart of the matter is the unemployment
Levi’s stock is down 10% on Friday: should you buy?
Levi Strauss & Co (NYSE: LEVI) is down nearly 10% on Friday even though the clothing company reported better-than-expected profit for its fiscal third quarter. Is Levi’s stock a buy after today’s sell-off? But market tends to be forward looking and that’s
Bad news is good news for the stock market
We live in a curious world. Let’s do a quick recap of the last week to explain why. Equities have been abhorrent this year. Last week capped off what is the longest streak of quarterly losses since the 2008 financial crisis.
Sainsbury’s share price is down by 40% in 2022: is it a buy?
Sainsbury’s (LON: SBRY) share price has been in a strong downward trend in 2022. The shares crashed to a low of 170p, which was the lowest level on record. It has plunged in the past two consecutive months, bringing the