Tag Archives: Market

The U.S. added 49,000 jobs in January and downward revisions to the prior two months subtracted an additional 159,000 from payrolls. Economists polled by The Wall Street Journal had expected a 55,000 gain. See: U.S. just gains 49,000 in January with labor market still under acute stress Below are some …

About nine months ago, oil futures did a crazy thing and briefly crashed into negative territory, marking a low point of a historic bear market for the commodity. But this week, oil reclaimed its 12-month highs, with U.S. benchmark futures CL.1, +0.53% settling at $ 56 a barrel Thursday and …

Europe overtook China in 2020 to become the world’s largest market for electric vehicles, amid a pedal-to-the-metal push to increase EV adoption from governments and supercharged demand from consumers. The registrations of new electric vehicles topped 1.33 million in the key European markets last year, compared with 1.25 million in …

Short squeezes will remain a big story in the financial-news media until heavily shorted stocks that have been pushed up by individual investors connected through social media come crashing back to earth. The biggest “winners” during this craze have been GameStop, up 1,745% for 2021 through Jan. 27, and AMC …

Private-equity firm Silver Lake made out like a bandit this week by piggybacking off the stock market frenzy stoked in recent weeks by users of a Reddit message board. Silver Lake was able to clear a profit of roughly $ 112 million on Wednesday by selling 44.4m newly minted shares …

Move over, January: at least two other months have greater predictive power of stock-market returns than you do. January has a reputation as being able to forecast the U.S. market’s direction over the ensuing 11 months of a year. This alleged ability is known as the “January Predictor” and “January …

Wall Street appeared to cheer a change of leadership in the White House, producing one of its best returns in nearly four decades on the day of a new president’s inauguration. Read: Stock-market performance under Trump trails only Obama and Clinton The Dow Jones Industrial Average DJIA, +0.83% and the …

As Americans hunker down and wait to get vaccinated, the toll of the coronavirus pandemic keeps rising. Its costs, both in lives and livelihood, prompted President-elect Joe Biden on Thursday to propose another $ 1.9 trillion “first step” spending package to help combat the carnage of the pandemic, even before …

MARKETWATCH FRONT PAGE Sectors including banking, biotech, gold mining, green energy and infrastructure will be in play this year. See full story. Biden promises 100 federal vaccination centers by end of his first month in office President-elect Joe Biden on Friday gives a speech in Wilmington, Del., about his plan …