The Latest Breaking News on S&P 500 and Nasdaq 100 Post Record Highs on Rate Cut Expectations

An uptick in the unemployment rate amid a cooling labor market could accelerate the Fed's rate-cut timeline.

The dollar index (DXY00 ) Friday fell by -0.24% and posted a 3-week low. The dollar retreated Friday after the US Jun payroll report bolstered expectations for the Fed to cut interest rates this year. Also, strength in the British pound (^GBPUSD ) weighed on the dollar after a landslide...

Federal Reserve's cautious approach to potential rate cuts amidst rising unemployment and inflation concerns.

The S&P 500 Index ($SPX ) (SPY ) today is up +0.10%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.30%. Stock indexes today are mostly higher, with the S&P 500 and Nasdaq 100 climbing...

US job gains eased slightly in June while unemployment edged up, government data showed Friday, in the latest sign that the world's biggest economy is cooling as policymakers hope.

September S&P 500 E-Mini futures (ESU24) are up +0.04%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.11% this morning as trading resumed after the Independence Day holiday, with market participants bracing for the all-important U.S. payrolls reading due later in the day.