The same Wall Street firms and their media cousins that want us to marvel at the shock and awe of AI, are destroying jobs the old-fashioned way – through stock buybacks ... In our economy, the big job killer is stock buybacks.
... bring about the fabled “soft landing.” Not surprisingly, then, the lackluster jobs report led to a rally in stocks, as Wall Street anticipates a Fed rate cut.
Angela Weiss/AFP via Getty Images Stocks rose modestly Tuesday morning, extending the market rebound ...Morning gains stretched the stock rally into its fourth day, a move up first sparked by Friday's jobs report.
NationalStockExchange MD & CEO Ashishkumar Chauhan said that market regulator Securities and Exchange Board of India (Sebi) rejected the exchange's proposal to increase trading time during an analyst call ... What was proposed for stock market hours?.
bunhill/Getty Images A coming recession could end up sparking a "violent correction" in stocks, Gary Shilling told BI. The top forecaster pointed to warning signs of a downturn, such as a weaker job market.
In addition to believing the jobs data is distorted, Rosenberg further claimed that stock prices and valuations that have rose in recent month are also disconnected from reality.
The domestic equity indices, Sensex and Nifty 50, are expected to open higher on Monday tracking a rally in global peers amid improved sentiment.Asian markets traded higher, while the US stock market ...
Friday's market rally was widespread, though technology stocks powered much of the gains ... https.//www.ddtonline.com/stock-market-today-asian-shares-track-wall-sts-advance-fueled-cooler-jobs-data.
Arnaud Girod, head of economics & cross asset strategy at Kepler Cheuvreux, discusses April's U.S. jobs report and how it could impact the stock market ... .
(MENAFN - Baystreet) Asia-Pacific markets tracked Wall Street gains on Monday as a softer-than-expected U.S. jobs report fueled hopes that the Federal Reserve could start cutting rates soon.Stock... .
Asian equity markets are eyeing a strong open as China returns from a three-day holiday and Friday’s softer-than-expected US jobs report revive bets the Federal Reserve will cut rates this year.US ...