* Hard data matters more as a guidepost for the economy, monetary policy, fiscal policy, and earnings prospects. Economic data gets released every week. Most of it is "high-frequency" data, which ...
The final University of Michigan Index of Consumer Sentiment for March dropped to 57.0 (Briefing.com consensus 57.9) from the preliminary reading of 57.9. The final reading for February was 64.7. In ...
It is a big day, too, because it will end up determining if the stock market can log another winning week. The last few sessions have not been inspiring, but sitting on the cushion of Monday's big ...
U.S. Treasuries finished the week with solid gains across the curve, turning the 5-yr note and shorter tenors positive for the week. The trading day started on a positive note after a night that ...
Braze (BRZE +4%) is starting to cool down after kicking off the day ablaze, spiking to its best levels of the month following better-than-expected Q4 (Jan) earnings and sales and decent guidance.
Oxford Industries (OXM -5%) is trading lower following disappointing Q4 (Jan) earnings results/guidance last night. This apparel company, which owns Tommy Bahama, Lilly Pulitzer, Johnny Was and some ...
U.S. Treasuries had a mixed showing on Thursday as the 5-yr note and longer tenors added to their losses from Wednesday while the short end finished modestly higher after overcoming a soft start. The ...
It was a tough day yesterday for the mega-cap stocks, so by extension, it was a tough day for the stock market. To be fair, it was tougher for the market cap-weighted indices than the equal-weighted ...
There isn't much conviction in the equity futures trade this morning just like there wasn't much conviction behind yesterday's trade in the cash market. Currently, the S&P 500 futures are up three ...
U.S. Treasuries have spent the first couple hours of trade in a sideways range near their starting levels. Longer tenors lagged at the start, and they remain behind while the short end is just ...
New orders for manufactured durable goods increased 0.9% month-over-month in February (Briefing.com consensus -1.2%) following an upwardly revised 3.3% (from 3.1%) for January. Excluding ...
PAYX delivered solid results, driven by strong client retention, increased product adoption, and margin expansion from continued investments in automation and digital solutions. The upcoming closing ...