Chuck Mikolajczak
100%
The Daily's Verdict
This author is known for its high journalistic standards. The author strives to maintain neutrality and transparency in its reporting, and avoids conflicts of interest. The author has a reputation for accuracy and rarely gets contradicted on major discrepancies in its reporting.
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Recent Articles
Global Stock Markets Fluctuate Amid Labor Market Data and Federal Reserve Rate Policy Speculations
Broke On: Monday, 04 December 2023Tech stocks led the major averages higher, with the Nasdaq Composite rising nearly 1.4%. The latest weekly jobless claims data revealed that 220,000 claims were filed in the week ending Dec. 2. Global stocks have been retreating as investors await further labor market data. Crude prices are lower due to investor skepticism over the latest OPEC+ decision on supply cuts and uncertainty surrounding global fuel demand. U.S. stock futures were little changed early Thursday as global bond yields rose and traders eyed two more jobs reports that may impact the chances of the Fed cutting interest rates next year.