|Day's range||457.20 - 457.70|
The May jobs report came in much stronger than expected, with payrolls at 339,000 and the unemployment rate increasing to 3.7%. Yahoo Finance takes a closer look, speaking with advisers, business owners, and WGA members across the country. In Washington, D.C., Yahoo Finance's Jennifer Schonberger broke down the jobs report. Schonberger said, "Ten consecutive rate hikes not enough to knock down the job market." Schonberger also spoke to Heather Boushey, a member of the White House Council of Economic Advisers, about the numbers. Boushey added, "A shortage of workers is a mismatch between the demand for workers and the supply available. And one way to fix that is to make sure that employers are offering good jobs." In New York City, Yahoo Finance Senior Reporter Alexandra Canal sat down with Ron Silver, Bubby's Chef & Owner, at Bubby's Tribeca. Regarding the impact of inflation, Silver said, "We really just keep a close eye on our costs and we adjust when we need to. We don't hesitate to do it if we need to." In Los Angeles, Yahoo Finance Live's Akiko Fujita examined how WGA members, business owners, and LA’s economy are all feeling the effects of the writers' strike. Fujita spoke to Chris Keyser, co-chair of the WGA negotiating committee. Keyser said, "At the heart of all of these negotiations is the fact that the writing profession is not financially tenable anymore." Video highlights: 00:00:03 - Yahoo Finance's Jennifer Schonberger 00:00:22 - Heather Boushey, a member of the White House Council of Economic Advisers 00:00:41 - Ron Silver, Bubby's Chef & Owner 00:00:56 - Writers' strike
Just a handful of tech stocks, including Apple, Microsoft, Nvidia, Tesla, and Amazon are responsible for the most of the big gains we have seen in the Nasdaq. Michele Schneider, Chief Strategist at Marketgauge.com tells Yahoo Finance Live why she thinks it would be "healthy" to see some of these stocks pull back.
Yahoo Finance Live's Jared Blikre breaks down the market reaction to the stronger than expected May employment report.
Job openings unexpectedly rose in April. Invesco Chief Global Market Strategist Kristina Hooper breaks down the data and what it could mean for the Fed.
As the month of May comes to an end, Yahoo Finance's Jared Blikre breaks down the biggest market movers of the month.
The Nasdaq is up about 5% in May. But the rally in tech stocks may not last, according to a strategist from Citi. Yahoo Finance Live's Seana Smith breaks down the rally: what has been driving it and why it may come to an end.
Bespoke Investment Group Co-Founder Paul Hickey and BNP Paribas U.S. Economist Yelena Shulyatyeva break down the latest comments from Cleveland Fed President Loretta Mester who told the Financial Times that she doesn't see a "compelling" reason for the Fed to pause its rate hike cycle.
Yahoo Finance Live's Julie Hyman breaks down the biggest stories of the day including the debt ceiling deal coming up for a vote, what this week's economic data may tell us about what the Fed may do at its next meeting, and the Nasdaq's big May rally.
Bespoke Investment Group Co-Founder Paul Hickey and BNP Paribas U.S. Economist Yelena Shulyatyeva tell Yahoo Finance Live what they are expecting in the markets over the coming months.
NEW YORK, May 30, 2023 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) today announced that GE HealthCare Technologies Inc. (Nasdaq: GEHC), will become a component of the Nasdaq-100 Index® (Nasdaq: NDX), the Nasdaq-100 Equal Weighted Index (Nasdaq: NDXE), and the Nasdaq-100 Ex-Tech Sector Index (Nasdaq: NDXX) prior to market open on Wednesday, June 7, 2023. GE HealthCare Technologies Inc. will replace Fiserv, Inc. (Nasdaq: FISV) in the Nasdaq-100 Index®, the Nasdaq-100 Equal Weighted Index, and the Na
Craig Lazzara, S&P Dow Jones Indices Managing Director for Index Investment Strategy, joins Yahoo Finance Live to discuss the rise in U.S. home prices, migration throughout the U.S., and challenges in the housing market.
Yahoo Finance senior columnist Rick Newman breaks down the outlook on the tentative deal announced between President Biden and lawmakers.
Semafor Founding Editor-at-Large Steve Clemons joins Yahoo Finance Live to discuss details regarding the tentative debt ceiling deal, Speaker Kevin McCarthy's future, and the debt limit bill deadline.
Yahoo Finance Live's Rachelle Akuffo discusses China's economy amid the country's COVID recovery, as well as Elon Musk and Jamie Dimon visiting China this week.
Director of Strategy and Content at Edison Group Neil Shah joins Yahoo Finance Live to look at the U.S. stock market and growth stock trends amid international trends.
China Beige Book International Managing Director Shehzad Qazi discusses a slide in Chinese equities amid pessimism around a slower-than expected rebound for the Chinese economy.
Yahoo Finance Live anchors Julie Hyman and Brad Smith break down the U.S. consumer confidence from the confidence board coming in higher than expected at 102.3.
Yahoo Finance markets reporter Jared Blikre breaks down the market amid the tentative debt ceiling deal and the upcoming Fed meeting.
State Street Global Advisors Chief Investment Strategist Michael Arone joins Yahoo Finance Live to discuss opportunities for investors amid a potential debt ceiling deal, the value of the U.S. dollar, and international investments.
Yahoo Finance Live anchor Brad Smith checks out the market and sector action this morning, as AI stocks surge on recent tech trends.
Yahoo Finance Live's Brad Smith breaks down several of the top news headlines developing this morning including the tentative debt ceiling deal facing key votes in Congress, Friday's May jobs report, and Nvidia stock rising after unveiling more AI products.
Infrastructure Capital Advisors CEO Jay Hatfield joins Yahoo Finance Live to discuss the expectations on inflation after the latest economic data reported resiliency amid recession fears.
Yahoo Finance markets reporter Jared Blikre examines the stock and treasury market action as the debt limit crisis continues to unfold, while also looking at how the U.S. Treasury is forecasting different scenarios in case of a default.
Yahoo Finance Live co-host Seana Smith takes a look at market trends ahead of Friday's closing bell.
Schwab Asset Management CEO and CIO Omar Aguilar joins Yahoo Finance Live to discuss how artificial intelligence will impact the tech sector, the outlook of tech companies refining their AI offers, investor sentiment amid U.S. credit downgrading, and expectations for the Fed's June meeting.