Let's go through the bearish signals one by one.
A report due Friday from the Labor Department is expected to show that U.S. employers added 181,000 jobs in April, though some economists say the growth may have been even stronger. The cost is annual federal budget deficits estimated at more than $1 trillion.
After a rough 2018, Freeport-McMoRan is a 'buy the dips' stock.
A steep drop in aircraft orders in February helped to drive a larger-than-expected drop in durable goods orders. The orders fell by 1.6%, according to the Census Bureau, greater than the 0.8% drop projected by economists.
Activity in the U.S. manufacturing sector increased faster than expected last month, a new report shows, as the economy continues to give off mixed data signals.
If you have what it takes to deal with the esoteric world of precious metals, palladium, used in everything from jewelry to catalytic converters, may be worth a closer look.
A monthly survey from the University of Michigan shows that consumer confidence improved faster than expected last month, even as a separate Federal Reserve report shows that manufacturers are mired in a slowdown.
The Census Bureau reports that new orders for manufactured durable goods orders outside of the transportation industry fell by 0.1% in January. Economists were calling for a 0.2% increase.
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