{"id":41834,"date":"2023-02-09T15:28:00","date_gmt":"2023-02-09T15:28:00","guid":{"rendered":"https:\/\/youtrading.com\/en\/?p=41834"},"modified":"2023-02-10T02:34:51","modified_gmt":"2023-02-10T02:34:51","slug":"market-wrap-markets-digest-earnings-and-jobs-data","status":"publish","type":"post","link":"https:\/\/youtrading.com\/en\/market-wrap-markets-digest-earnings-and-jobs-data\/","title":{"rendered":"Market Wrap – Markets digest earnings and jobs data"},"content":{"rendered":"\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t
\n\t\t\t\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t
\n\t\t\t\t

Stock markets recovered during the US session, with tech stocks<\/a> posting strong gains. Tesla<\/a> was amongst the leaders as the electric vehicle makers stock rallied by around 5 percent.<\/p>

The yield on the benchmark 10-year US Treasury<\/a> note ticked down 3.59% Thursday morning, while the 2-year exceeded the longer-dated note, reaching the deepest inversion since 1980s.<\/p>

The dollar index<\/a> weakened on Thursday against the euro<\/a> and a basket of other currencies as they clawed back early week losses against the buck.<\/p>

Disney<\/a> earnings were also heavily in focus. The world\u2019s largest entertainment company delivered an adjusted earnings per share of $0.99, higher than the Street\u2019s estimates of $0.74 cents per share.<\/p>

The earnings report showed that Disney lost 2.4 million streaming subscribers. Revenue jumped to $23.5 billion against forecasts of $23.4 billion.<\/p>

Comments from the Richmond Fed President Waller also seemed hawkish on rates. Just yesterday Kashkari said there is not much evidence that rate hikes so far have had much effect on the labour market.<\/p>

Waller said that \u201cInflation is likely past its peak but still elevated\u201d and \u201cIt will take longer for pullback in demand to further slow the pace of price increases.\u201d<\/p>

He also said that \u201cData continues to push back recession risk\u201d and \u201cWhile average inflation has peaked, the decline has been distorted by a few goods; median has stayed high.\u201d<\/p>

Jobs data this afternoon showed the number of Americans filing for unemployment benefits rose to 196,000 in the week ending February 4th, from the previous week’s nine-month low of 183 thousand and above market expectations of 190 thousand.<\/p>

Still, the latest figure suggested the labour market remained tight, which could contribute further to inflationary pressure in the world’s largest economy. The 4-week moving average, which removes week-to-week volatility, declined to 189.25 thousand, the lowest level since last April.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

Stock markets recovered during the US session, with tech stocks posting strong gains. Tesla was amongst the leaders as the electric vehicle makers stock rallied by around 5 percent. The yield on the benchmark 10-year US Treasury note ticked down 3.59% Thursday morning, while the 2-year exceeded the longer-dated note, reaching the deepest inversion since […]<\/p>\n","protected":false},"author":4,"featured_media":24609,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[218,42,408,61,288,40],"yoast_head":"\nMarket Wrap - Markets digest earnings and jobs data - Youtrading UK<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/youtrading.com\/en\/market-wrap-markets-digest-earnings-and-jobs-data\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Market Wrap - Markets digest earnings and jobs data Market Wrap - Markets digest earnings and jobs data\" \/>\n<meta property=\"og:description\" content=\"Stock markets recovered during the US session, with tech stocks posting strong gains. Tesla was amongst the leaders as the electric vehicle makers stock rallied by around 5 percent.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/youtrading.com\/en\/market-wrap-markets-digest-earnings-and-jobs-data\/\" \/>\n<meta property=\"og:site_name\" content=\"Youtrading UK\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/YouTradingEnglish\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-02-09T15:28:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-02-10T02:34:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2022\/03\/GettyImages-172734752.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"507\" \/>\n\t<meta property=\"og:image:height\" content=\"306\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Nathan Batchelor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Market Wrap - Markets digest earnings and jobs data Market Wrap - Markets digest earnings and jobs data\" \/>\n<meta name=\"twitter:description\" content=\"Stock markets recovered during the US session, with tech stocks posting strong gains. Tesla was amongst the leaders as the electric vehicle makers stock rallied by around 5 percent.\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Nathan Batchelor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/youtrading.com\/en\/market-wrap-markets-digest-earnings-and-jobs-data\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/youtrading.com\/en\/market-wrap-markets-digest-earnings-and-jobs-data\/\"},\"author\":{\"name\":\"Nathan Batchelor\",\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/person\/88ce8e6688d6c690a83e6cbeee2eccab\"},\"headline\":\"Market Wrap – Markets digest earnings and jobs data\",\"datePublished\":\"2023-02-09T15:28:00+00:00\",\"dateModified\":\"2023-02-10T02:34:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/youtrading.com\/en\/market-wrap-markets-digest-earnings-and-jobs-data\/\"},\"wordCount\":305,\"publisher\":{\"@id\":\"https:\/\/youtrading.com\/en\/#organization\"},\"keywords\":[\"Disney\",\"Fed\",\"Jobs data\",\"Tesla\",\"US 10-year yield\",\"US DOLLAR INDEX\"],\"articleSection\":[\"Markets\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/youtrading.com\/en\/market-wrap-markets-digest-earnings-and-jobs-data\/\",\"url\":\"https:\/\/youtrading.com\/en\/market-wrap-markets-digest-earnings-and-jobs-data\/\",\"name\":\"Market Wrap - Markets digest earnings and jobs data - Youtrading UK\",\"isPartOf\":{\"@id\":\"https:\/\/youtrading.com\/en\/#website\"},\"datePublished\":\"2023-02-09T15:28:00+00:00\",\"dateModified\":\"2023-02-10T02:34:51+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/youtrading.com\/en\/market-wrap-markets-digest-earnings-and-jobs-data\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/youtrading.com\/en\/market-wrap-markets-digest-earnings-and-jobs-data\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/youtrading.com\/en\/market-wrap-markets-digest-earnings-and-jobs-data\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/youtrading.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Market Wrap – Markets digest earnings and jobs data\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/youtrading.com\/en\/#website\",\"url\":\"https:\/\/youtrading.com\/en\/\",\"name\":\"Youtrading UK\",\"description\":\"Leaders in Trader Training\",\"publisher\":{\"@id\":\"https:\/\/youtrading.com\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/youtrading.com\/en\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/youtrading.com\/en\/#organization\",\"name\":\"YouTrading\",\"url\":\"https:\/\/youtrading.com\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/Logo-Youtrading-2020_preto.svg\",\"contentUrl\":\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/Logo-Youtrading-2020_preto.svg\",\"width\":2531,\"height\":570,\"caption\":\"YouTrading\"},\"image\":{\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/YouTradingEnglish\/\",\"https:\/\/www.instagram.com\/youtrading_english\/\",\"https:\/\/www.youtube.com\/channel\/UCc22BNolZpSd33lXc8utUvg\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/person\/88ce8e6688d6c690a83e6cbeee2eccab\",\"name\":\"Nathan Batchelor\",\"description\":\"Nathan Bathelor brings a professional trading background and highly renowned technical analysis with 15 years of experience. He holds a degree in Business and Finance and has an extensive background providing research for prop houses, and fund managers. Nathan previously traded for Drashta Capital, a boutique Hedge Fund based in London and Sydney, and has worked as a FX Market Analyst for a number of leading brokerages in the United Kingdom.\",\"url\":\"https:\/\/youtrading.com\/en\/author\/nathanbatchelor\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Market Wrap - Markets digest earnings and jobs data - Youtrading UK","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/youtrading.com\/en\/market-wrap-markets-digest-earnings-and-jobs-data\/","og_locale":"en_GB","og_type":"article","og_title":"Market Wrap - Markets digest earnings and jobs data Market Wrap - Markets digest earnings and jobs data","og_description":"Stock markets recovered during the US session, with tech stocks posting strong gains. Tesla was amongst the leaders as the electric vehicle makers stock rallied by around 5 percent.","og_url":"https:\/\/youtrading.com\/en\/market-wrap-markets-digest-earnings-and-jobs-data\/","og_site_name":"Youtrading UK","article_publisher":"https:\/\/www.facebook.com\/YouTradingEnglish\/","article_published_time":"2023-02-09T15:28:00+00:00","article_modified_time":"2023-02-10T02:34:51+00:00","og_image":[{"width":507,"height":306,"url":"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2022\/03\/GettyImages-172734752.jpg","type":"image\/jpeg"}],"author":"Nathan Batchelor","twitter_card":"summary_large_image","twitter_title":"Market Wrap - Markets digest earnings and jobs data Market Wrap - Markets digest earnings and jobs data","twitter_description":"Stock markets recovered during the US session, with tech stocks posting strong gains. Tesla was amongst the leaders as the electric vehicle makers stock rallied by around 5 percent.","twitter_misc":{"Written by":"Nathan Batchelor","Estimated reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/youtrading.com\/en\/market-wrap-markets-digest-earnings-and-jobs-data\/#article","isPartOf":{"@id":"https:\/\/youtrading.com\/en\/market-wrap-markets-digest-earnings-and-jobs-data\/"},"author":{"name":"Nathan Batchelor","@id":"https:\/\/youtrading.com\/en\/#\/schema\/person\/88ce8e6688d6c690a83e6cbeee2eccab"},"headline":"Market Wrap – Markets digest earnings and jobs data","datePublished":"2023-02-09T15:28:00+00:00","dateModified":"2023-02-10T02:34:51+00:00","mainEntityOfPage":{"@id":"https:\/\/youtrading.com\/en\/market-wrap-markets-digest-earnings-and-jobs-data\/"},"wordCount":305,"publisher":{"@id":"https:\/\/youtrading.com\/en\/#organization"},"keywords":["Disney","Fed","Jobs data","Tesla","US 10-year yield","US DOLLAR INDEX"],"articleSection":["Markets"],"inLanguage":"en-GB"},{"@type":"WebPage","@id":"https:\/\/youtrading.com\/en\/market-wrap-markets-digest-earnings-and-jobs-data\/","url":"https:\/\/youtrading.com\/en\/market-wrap-markets-digest-earnings-and-jobs-data\/","name":"Market Wrap - Markets digest earnings and jobs data - Youtrading UK","isPartOf":{"@id":"https:\/\/youtrading.com\/en\/#website"},"datePublished":"2023-02-09T15:28:00+00:00","dateModified":"2023-02-10T02:34:51+00:00","breadcrumb":{"@id":"https:\/\/youtrading.com\/en\/market-wrap-markets-digest-earnings-and-jobs-data\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/youtrading.com\/en\/market-wrap-markets-digest-earnings-and-jobs-data\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/youtrading.com\/en\/market-wrap-markets-digest-earnings-and-jobs-data\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/youtrading.com\/en\/"},{"@type":"ListItem","position":2,"name":"Market Wrap – Markets digest earnings and jobs data"}]},{"@type":"WebSite","@id":"https:\/\/youtrading.com\/en\/#website","url":"https:\/\/youtrading.com\/en\/","name":"Youtrading UK","description":"Leaders in Trader Training","publisher":{"@id":"https:\/\/youtrading.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/youtrading.com\/en\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/youtrading.com\/en\/#organization","name":"YouTrading","url":"https:\/\/youtrading.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/youtrading.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/Logo-Youtrading-2020_preto.svg","contentUrl":"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/Logo-Youtrading-2020_preto.svg","width":2531,"height":570,"caption":"YouTrading"},"image":{"@id":"https:\/\/youtrading.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/YouTradingEnglish\/","https:\/\/www.instagram.com\/youtrading_english\/","https:\/\/www.youtube.com\/channel\/UCc22BNolZpSd33lXc8utUvg"]},{"@type":"Person","@id":"https:\/\/youtrading.com\/en\/#\/schema\/person\/88ce8e6688d6c690a83e6cbeee2eccab","name":"Nathan Batchelor","description":"Nathan Bathelor brings a professional trading background and highly renowned technical analysis with 15 years of experience. He holds a degree in Business and Finance and has an extensive background providing research for prop houses, and fund managers. Nathan previously traded for Drashta Capital, a boutique Hedge Fund based in London and Sydney, and has worked as a FX Market Analyst for a number of leading brokerages in the United Kingdom.","url":"https:\/\/youtrading.com\/en\/author\/nathanbatchelor\/"}]}},"_links":{"self":[{"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/posts\/41834"}],"collection":[{"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/comments?post=41834"}],"version-history":[{"count":0,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/posts\/41834\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/media\/24609"}],"wp:attachment":[{"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/media?parent=41834"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/categories?post=41834"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/tags?post=41834"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}