Author: prosperplanetpulse.com

U.S. stocks closed at record highs, driven by strong performance in the technology sector.The June jobs report added 206,000 jobs to the economy, slightly beating expectations.”The message to us is that the labor market is slowing,” Fundstrat’s Tom Lee said of the June jobs report. Thank you for your registration! Access your favorite topics on the go with your personalized feed. Download the app By clicking “Sign Up”, you agree to our Terms of Use and Privacy Policy. You can unsubscribe at any time by visiting your settings page or clicking “unsubscribe” at the bottom of our emails. U.S. stocks…

Deckers Outdoor Corporation (NYSE:DECK) is well positioned for sustained growth with a clear focus on strategic initiatives, strong direct-to-consumer (DTC) and wholesale channels, and the expansion of its flagship brands, UGG and HOKA. The company’s efforts to tailor product development, marketing efforts and omnichannel distribution to align with consumer preferences have produced significant results, improving near-term operational performance and advancing the brands’ long-term strategic objectives. DTC net sales increased 21% year over year to $415.2 million in the fourth quarter of 2024, while DTC comparable net sales increased 20.5%. This impressive growth underscores Deckers’ success in engaging directly with consumers…

Stock Index Roundup: Big Tech Companies Lead Stock Indexes, But Nvidia and AI darlings lag 12 hours 59 minutes ago Dow Tech stocks led the index on Friday, with Intel (INTC) rising 2.5%, while Apple (AAPL) and Microsoft (MSFT) rose 2.2% and 1.5%, respectively, to close at all-time highs. Financial stocks were weaker, with JPMorgan Chase (JPM) down 1.3% and Travelers Company (TRV) down 0.9%. S&P 500 Meta (META) surged 5.9%, leading a broader tech rally, while Alphabet (GOOGL) rose 2.6%. Advanced Micro Devices (AMD) rose 4.9% after New Street Research named the company a top pick in its review…

Wall Street closed to a new record high on Friday while U.S. Treasuries rose as traders returned from a midweek holiday to receive nonfarm payrolls data that further supported the Federal Reserve’s interest rate cut. The market was closed Thursday for Independence Day. Benchmark S&P 500 (SP500) Increased by 0.54% The Nasdaq Composite Index (COMP:IND) Advanced 0.90% The Dow Jones Industrial Average closed at 18,352.76 points.DJI) Increased by 0.17% It ended at 39,375.87 points. Eight of the S&P’s 11 sectors ended in the positive. This week, S&P (SP500) Increased by 1.95%Nasdaq (COMP:IND) 3.50% increaseDow (DJI) 0.64% added. “Trading this week…

Signs of a slowdown in the labor market raised the prospect of an earlier interest rate cut by the Federal Reserve, helping stocks finish a holiday-shortened trading week with a bang.The big gun for the market on Friday was the June jobs report, which revealed a still-strong but cooling labor market. U.S. nonfarm payrolls rose by 206,000 last month, down 1.2% from the previous month. Bureau of Labor Statistics The figure, released Friday, is basically in line with the 200,000 jobs that economists had predicted. May employment report The number of new jobs was revised down to 218,000 from the…

PRAGUE, CZECH REPUBLIC / ACCESSWIRE / July 5, 2024 / Recently, tech company AR Tech (Able Research Technology) announced that it has received MSB (Money Services Business) and EDGAR (Electronic Data Gathering, Analysis, and Retrieval) licenses from the U.S. Securities and Exchange Commission (SEC). This milestone marks a major step forward for AR Tech in the field of asset management and fundraising.SEC powers and strict regulationsFounded in 1934, the U.S. Securities and Exchange Commission (SEC) is an independent federal agency charged with regulating the securities markets, protecting investors, and ensuring that markets are fair, efficient, and transparent. Known for its…

President Joe Biden traveled to the 2024 presidential battleground state of Wisconsin on Friday for a high-profile campaign rally and a key interview with ABC News that could be crucial to his candidacy and presidency.At a key event aimed at reassuring the state’s Democrats that he is fit for the job after a struggling debate last week, Biden spoke energetically about the policies his administration has implemented and the risks posed if Trump becomes president again.Biden also stood firm when it came to concerns about his eligibility to run and his ability to do the job.”You know we had a…

Adrienne Lee is opinion editor at The Globe and Mail.Driving to Rehoboth Beach is like seeing America figuratively.Along Delaware’s Route 1, American flags fly on every overpass, making it clear that patriotism is the local infrastructure. Pass a barn with “Biden” emblazoned on its side and, beyond that, a wobbly “Thanks, Trump” sign, and your interest in politics will have died at the door. Vast outlet malls offer unsettlingly cheap retail therapy, made even cheaper by the proud tax-free “First State.”Then you’re greeted by the balmy Atlantic Ocean’s soft sand dunes and waves perfect for bodyboarding. Along the city’s brightly…

Investing.com — The S&P 500 closed at a record high on Friday as investors expected an interest rate cut from the Federal Reserve would come soon after the monthly jobs report for June suggested the labor market was cooling. As of 15:43 ET (19:53 GMT), the was up 0.5% to a record 5,566.75, the was up 0.9% and the was up 0.2% (68 points). Treasury yields plummet as employment data signals slowing labor market Treasury yields came under pressure after the June employment report showed payrolls fell last month from 218,000 in May, but Macquarie said the strong payroll numbers…

Our June 24 editorial, “Maryland Sees Justice in Amnesty,” applauds Maryland Governor Wes Moore’s (D) decision to expunge the records of citizens convicted of marijuana possession and rightly highlights the positive impact of legalization and amnesty on minor offenses. But it’s important to recognize that cannabis reform requires comprehensive federal action, not just individual state action.A recent Pew Research Center poll revealed that 88% of U.S. adults believe marijuana should be legalized for medical or recreational use. In the absence of action from Congress, states are taking the lead, demonstrating the need for national legislation that is in line with…