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Tag: Labor Report

Weekly Market Update – 6.30.2025

Unify Financial Advisors Weekly Market Update Wall Street rallied last week, with the S&P 500 climbing 3.44% and reaching a record closing high on Friday. Crude oil prices fell over 13% for the week, their biggest drop since March 2023, and gold declined for a second straight week as investors moved away from safe havens. The probability of the Federal Reserve cutting rates by 0.25% in September has increased, partly due to lower economic growth expectations and ...
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Weekly Market Update – 12.9.2024

Last week, consumer discretionary, communication services, and information technology stocks saw gains, which were tempered by declines in energy, utilities, real estate, and materials. The S&P 500 gained 0.99%, and the Russell 1000 growth gained 3.64%. Friday’s labor report showed strong November hiring and upward revisions for September. The strong hiring and an increase in the employment rate from 4.1% to 4.2% should keep the Fed on course to cut rates by 0.25% on ...
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