Business

U.S Stock market and its investors’ thinking on FED’s recent data and U.S labor data?

The investors could not sit comfortably because the U.S. FED and stock market data is quite in ups and down pattern. The investors are waiting for the report on the state of the U.S. labor market, along with biannual Congressional testimony.

This report is given by Federal Reserve Chairman Jerome Powell. Whenever many investors expect that the stock could climb further after topping the 4% threshold.

Read Also Metaverse technology in the USA, United Kingdom, etc with thinking of minds?

U.S Stock market and its investors’ thinking on FED’s recent data and U.S labor data?

As per the U.S labor department, the U.S. economy added 517,000 jobs in January 2023. Investors thinking about how this labor data can help them to study the market’s next move.

Some latest facts U.S. Inflation 2023

  1. The cost of living rose 0.5% in January.
  2. The annual rate of inflation slowed again to 6.4% from 6.5% as per the data till Feb 2023.
  3. Increasing interest rates by FED for upcoming months to achieve a 2% inflation target in the future seems complicated after watching U.S. labor data, given by the U.S. labor department.
  4. Credit Suisse lost its biggest shareholders (Harris association, having a 10% stake in Credit Suisse till the last year 2022, August month) in the Swiss bank in 1st week of March 2023 after losing patience with its strategy amid persistent losses and unprecedented client exodus.
  5. The banking company Credit Suisse facing the worst loss for the whole year 2022 around $7.9 billion which is close to 2008’s global financial crisis, which was around $8.2 billion.

Read Also What is Insurance and types of Insurance in 2021?

NoteThis is an independent article, here we are not giving any official statement and data regarding the U.S. stock market, the U.S. treasury, or any other suggestions for buying, selling, and investing in the U.S. stock market, or any other businesses. This article is totally based on our market analysis.

Setmynews

Recent Posts

Mega Millions 2022 winners list

Mega Millions 2022 winners list - A total of 8 winners are there for the…

2 years ago

Top 10 Key Points for Public Provident Fund (PPF)

Public Provident Fund (PPF) account comes under the Central Government. In this account, you can…

2 years ago

Nearly 50 tonnes of gold reserves found in China

50 tonnes of gold reserves found in China - Gold is also considered very good…

2 years ago

List of top 10 cryptocurrencies for 2023

List of top 10 cryptocurrencies for 2023 - This is the list of the top…

2 years ago

Banks that provide the highest interest on FD in 2023?

Banks that provide the highest interest on FD in 2023- By the way, in India,…

2 years ago

Indian stock market is running in a downward direction, is it because of the global economic recession?

For the last 1 week, a period of ups and downs is being seen in…

2 years ago