QQQ News and Press, PowerShares QQQ Trust Ser 1 From 07/06/24

2024-07-06 08:00:00 ET Summary Weekly indicators provide a good "nowcast" of the economy and help mark beliefs to the market. Data is presented in a factual format with minimal bias to analyze various economic indicators. Recent data shows improvements in short leading and coi...

2024-07-06 06:50:00 ET Summary Job growth has slowed from the frenetic pace after the lockdowns and labor shortages, back to the normal pace of the Good Times. The total number of payroll jobs at employers rose to 158.6 million, a year-over-year increase of 2.61 million jobs. ...

2024-07-06 06:05:00 ET Summary The analysis below covers the Employment picture released on the first Friday of every month. The BLS reported a gain of 206k jobs, which was above expectations. Halfway through the year, the total jobs from the Household Survey represent just 1....

2024-07-06 05:10:48 ET Summary Two-year Treasury yields dropped 14 bps this week, to the low (4.60%) since March 27th. Bonds have turned notably receptive to indications of economic softening. With the Fed signaling the importance of labor market performance, markets this week...

2024-07-06 03:38:00 ET Summary We received a few more data points this week, validating the increasingly consensus view that the economy is slowing. Attention now shifts to the corporate sector, with the second quarter earnings season getting underway next week. It would be ni...

2024-07-06 01:50:00 ET Summary Global economic growth slowed in June but remained the second-strongest seen for just over a year, according to PMI data, pointing to a further robust expansion in the second quarter of 2024 after the slowdown seen in late 2023. The US bucked a broad...

2024-07-06 01:12:43 ET Summary On a MACRO level, this economic scene remains one with a wide dispersion between the potential outcomes. Election volatility - History shows that the S&P 500 moves higher regardless of who wins the presidential election. Analysts scramble to ...

2024-07-05 21:10:00 ET Summary Despite economic uncertainty, markets rallied in the first half of 2024, driven by expected Fed rate cuts and surging AI stocks. The second half of the year is likely to be largely characterized by potential Fed rate cuts, bond market stabilization, ...

2024-07-05 21:00:00 ET Summary Monthly payrolls growth weakened slightly on the month, and there were downward revisions to previous months. Total non-farm payrolls increased by 206,000 in June, down from 218,000 last month, which itself was downwardly revised from 272,000. Al...

2024-07-05 17:50:23 ET Summary BLS reported 206,000 new jobs, slightly above the consensus estimate, but also revised down April and May figures. We've averaged just 177,300 new jobs in the last three months. The unemployment rate rose to 4.1%, indicating a three-month trend of in...