Nonfarm payrolls were expected to increase by 240,000 in April while the unemployment rate held at 3.8%, according to economists surveyed by Dow Jones.
Stocks making the biggest moves premarket: Apple, Amgen, Cloudflare and more
These are the stocks posting the largest moves in premarket trading.
‘Trader justice’: Ex-SocGen trader fired for risky bets claims he was made a ‘scapegoat’
A former Societe Generale trader who was fired for unauthorized risky bets has lambasted the French bank for making him a “scapegoat.”
Turkey’s inflation accelerates to nearly 70% in April
Turkey’s inflation accelerated to 69.8% annually for the month of April, the Turkish Statistical Institute reported Friday.
China’s automakers must adapt quickly or lose out on the EV boom in the face of regulatory scrutiny abroad and competition at home
Adoption of battery and hybrid-powered cars has surged in China, but an onslaught of new models has fueled a price war, while regulatory scrutiny grows abroad.
Stocks making the biggest moves after hours: Apple, Cloudflare, Expedia, Block and more
These are the stocks posting the largest moves in extended trading.
Here’s what to expect from the April jobs report on Friday
The Bureau of Labor Statistics report drops at 8:30 a.m. ET.
Stocks making the biggest moves midday: Apple, Peloton, Wayfair, Carvana and more
These are the stocks posting the largest moves in midday trading.
Wall Street is confused and divided over how many times the Fed will cut rates this year
Most economists for the biggest forecasting firms expect the central bank will lower benchmark interest rates sometime later this year.
UK to suffer slowest growth of all rich nations next year, OECD says
The U.K.’s “sluggish” growth prospects have put it on course to be the worst-performing economy of all advanced nations next year, according to the OECD.