Musk says 'America Party' is formed in US

Published on 07/05/2025 at 03:56 pm EDT

Reuters

Economy : More news

02:43pm	US stock futures inch up as robust data allays economic worries	RE
02:43pm	Saudi Arabia appoints new investment minister, according to royal decree	RE
02:42pm	Mahanagar Telephone Nigam Dec-quarter consol loss 8.97 billion rupees	RE
02:41pm	Brazil's Toffoli denies receiving payments, having ties to Banco Master's Vorcaro	RE
02:37pm	Baku Stock Exchange head says IPOs, foreign partnerships will drive growth	RE
02:33pm	European Commission: Chinese tariffs on EU dairy unwarranted, unjustified	RE
02:33pm	Poland-Sweden power cable has unplanned outage, Polish power grid says	RE
02:31pm	Bangladesh's BNP wins parliamentary election	RE
02:28pm	Brazil soy farmers reaping record crop, Conab confirms	RE
02:27pm	Yen pushes towards best week in a year on 'Buy Japan' talk	RE
02:24pm	Norway's wealth fund grapples with conflicting ethics expectations at home and abroad	RE
02:22pm	Oil prices down $2 a barrel on supply forecast	RE
02:20pm	Trump: Haven't discussed it with Lutnick	RE
02:20pm	Trump: Wasn't aware of Lutnick's visit to Epstein Island	RE
02:19pm	US Senate blocks Homeland Security funding, raising likelihood of shutdown	RE

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Corporate earnings are once again running the show. This morning, stock futures are edging higher as investors brace for another wave of quarterly results and a crucial inflation report tomorrow. The mood is not euphoric, but it is steadier than it was 24 hours ago. Wednesday's stronger-than-expected jobs report - 130,000 jobs added in January, unemployment dipping to 4.3%, wages holding firm - helped ease fears of an imminent economic slowdown. In recent weeks, markets have oscillated between worrying about overheating and worrying about stalling. For now, the data suggest neither extreme.

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