DJIA: 33,803.00 (+1.96%)
NASDAQ: 13,900.00 (+3.11%)
S&P 500: 4,129.00 (+2.71%)
Gold: 1,743.40 (+0.87%)
Copper: 405.10 (+1.52%)
Crude Oil: 59.38 (-3.37%)
Stock Rover has been selected as a Finalist for the US 2021 Fin Tech Awards in the Personal Finance Tech of the Year category.
The FinTech Awards were developed because the US is home to many of the world’s premier financial services centers and a burgeoning financial technology market. These awards were developed to celebrate this incredible community, and the achievements and successes of the country’s best and brightest.
You can read the full press release here.
The U.S Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey, or JOLTS reported that job openings increased by 268,000 to 7.4 million in February. The job openings rate is little changed at 4.9%. Increases came in health care and social assistance (+233,000); and accommodation and food services (+104,000). Decreases came in state and local government education (-117,000); educational services (-35,000); and information (-34,000). All regions reported increases – Northeast (+112,000), South (+93,000), Midwest (+34,000) and West (+28,000). For the 12 months ending February 2021, hires totaled 72.3 million while separations totaled 80.9 million for a net employment loss of 8.6 million.
The Department of Labor reported that a seasonally adjusted 744,000 people filed first-time jobless claims for the week ending April 3rd, an increase of 16,000 over the previous week’s revised (+9,000) 728,000 level. The 4-week moving average increased slightly to 723,750 over the previous week’s revised (+2,250) 721,50 level. California (145,367) and New York (67,309) were top contributors to the increase. In addition, 151,752 people filed for benefits under Pandemic Unemployment Assistance, a decrease of 85,313, from the previous week – the program helps freelancers, part-timers, and other self-employed who do not qualify for state benefits. In total, an unadjusted 895,000+ filed for benefits for the week ending April 3.
The U.S. Bureau of Labor Statistics reported the producer price index (which measures inflation before it reaches consumers) rose a seasonally adjusted 1% in March, and follows a 0.5% increase in February. The PPI over the past 12 months has climbed 4.2%, the largest increase since September 2011’s 4.5%, and follows a 2.8% advance in February. Almost 60% of the increase is attributable to 1.7% advance in prices for final demand goods, the largest increase since the index began in 2009. Over one-fourth of the increase in the index for final demand goods can be traced to an 8.8% surge in gasoline prices. Prices for final demand less foods, energy, and trade services rose 0.6% in March and is up 3.1% over the past 12 months.
Tuesday April 13 – Core CPI (MoM) (Mar)
Friday April 16 – Building Permits (Mar)
Your email address will not be published. Required fields are marked *
We value your privacy and will not display or share your email address
This site uses Akismet to reduce spam. Learn how your comment data is processed.