The Latest Breaking News from US Federal Reserve

While the main indexes made modest moves after this morning's hotter-than-expected payrolls data, GameStop took a notable dive.

The dollar index (DXY00 ) Friday rose by +0.75% and posted a 1-week high. The dollar jumped Friday on the stronger-than-expected US May payroll report, which reduced expectations for Fed rate cuts. May nonfarm payrolls rose more than expected and May average hourly earnings unexpectedly accelerated, hawkish factors for Fed...

The S&P 500 Index ($SPX ) (SPY ) today is down -0.31%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.29%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.22%. Stock indexes today are under pressure after bond yields jumped on the stronger-than-expected US...

May jobs report impacts Wall Street's rate cut expectations, with Fed likely to maintain rates.

US job growth blew past estimates in May while unemployment also edged up, according to government data released Friday, underscoring the labor market's resilience as policymakers seek to cool the economy gradually.

US jobs report reveals 4% unemployment rate, surprising economists. Federal Reserve Chair Powell downplays impact on monetary policy.

The S&P 500 (SPY) officially made new highs this week. Perhaps a reason to celebrate more gains on the way...or perhaps there are signs this move is hollow leading to more downside soon on the way. To help solve this riddle, 44 year investment veteran Steve Reitmeister shares his views…

Figures show unexpected resiliency of job market as Fed keeps interest rates high try to tamp down 3.4% inflation

June S&P 500 E-Mini futures (ESM24) are up +0.02%, and June Nasdaq 100 E-Mini futures (NQM24) are up +0.08% this morning as market participants awaited the release of crucial U.S. non-farm payroll data for clues on the timing of Federal Reserve interest rate cuts.