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June Jobs Data Puts Focus on Healthcare ETFs & Stocks
June Jobs Data Puts Focus on Healthcare ETFs & Stocks

Yahoo

time07-07-2025

  • Business
  • Yahoo

June Jobs Data Puts Focus on Healthcare ETFs & Stocks

Nonfarm payrolls in the United States rose by 147,000 in June 2025, following an upwardly revised 144,000 in May and surpassing forecasts of 110,000. The reading was also in line with the average monthly gain of 146K over the prior 12 months. The U.S. unemployment rate edged down to 4.1% in June 2025 from 4.2% in May, defying market expectations of a rise to 4.3%. The rate has held within a narrow 4.0-4.2% band since May 2024, signaling broad labor market stability. The number of unemployed dropped by 222,000 to 7.015 million, while employment rose modestly by 93,000 to 163.366 million. However, the overall labor force shrank by 130,000 to 170.380 million. Average hourly earnings for all employees on private nonfarm payrolls rose by 8 cents, or 0.2%, to $36.30 in June. Over the past 12 months, average hourly earnings increased by 3.7%. In June, average hourly earnings of private-sector production and nonsupervisory employees rose by 9 cents, or 0.3%, to $31.24. Below, we have highlighted the sector and its related exchange-traded funds (ETFs) that will likely experience smooth trading in the days ahead in light of the June jobs data. Healthcare Healthcare added 39,000 jobs in June, similar to the average monthly gain of 43,000 over the prior 12 months. In June, job gains were noted in hospitals (+16,000) and in nursing and residential care facilities (+14,000). Health Care Select Sector SPDR ETF XLV can be played to tap the moderate momentum, although Trump's tax bill may lead millions of Americans to lose healthcare coverage. The fund has 30% exposure to the pharma industry, followed by 22.32% exposure to the healthcare providers & services industry, about 22% focus on Health Care Equipment & Supplies, 17.1% focus on the biotech sector and 8.7% focus on the life sciences tools & services. iShares U.S. Healthcare Providers ETF IHF concentrates on companies in the healthcare provider and services sector. The underlying Dow Jones U.S. Select HealthCare Providers Index is a free-float adjusted market capitalization-weighted index. It measures the performance of the healthcare providers sub-sector of the U.S. equity market. It includes health maintenance organizations, hospitals, clinics, dentists, opticians, nursing homes, rehabilitation & retirement centres. The fund charges 40 bps in fees. Vanguard Health Care ETF VHT tracks the MSCI US Investable Market Health Care 25/50 Index made up of stocks of U.S. companies in the healthcare sector. The fund charges 9 bps in fees and sports a Zacks Rank #1. HCA Healthcare HCA, which has a Zacks Rank #3 (Hold), deserves a mention. It is the largest non-governmental operator of acute care hospitals in the United States. The company has a trailing four-quarter earnings surprise of 7.06%, on average. Welltower WELL is a real estate investment trust (REIT) that is engaged in investments with seniors housing operators, post-acute providers and health systems. The company has a trailing four-quarter earnings surprise of 4.24%, on average. Zacks Rank #2 Omega Healthcare Investors OHI is a self-administered real estate investment trust (REIT), investing in income-producing healthcare facilities, principally long-term care facilities located in the United States and the United Kingdom. The company has a trailing four-quarter earnings surprise of 2.13%, on average. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Omega Healthcare Investors, Inc. (OHI) : Free Stock Analysis Report HCA Healthcare, Inc. (HCA) : Free Stock Analysis Report Health Care Select Sector SPDR ETF (XLV): ETF Research Reports Vanguard Health Care ETF (VHT): ETF Research Reports iShares U.S. Healthcare Providers ETF (IHF): ETF Research Reports Welltower Inc. (WELL) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Inicia sesión para acceder a tu portafolio

Ringgit ends higher on regional trade optimism
Ringgit ends higher on regional trade optimism

Free Malaysia Today

time03-07-2025

  • Business
  • Free Malaysia Today

Ringgit ends higher on regional trade optimism

KUALA LUMPUR : The ringgit closed higher against the US dollar today, supported by improved regional sentiment following a new US-Vietnam trade deal, said SPI Asset Management managing partner Stephen Innes. Innes said the agreement to impose a reduced 20% tariff on Vietnamese exports, down from a previously threatened 46%, has lifted risk appetite and supported regional currencies. 'The markets see this as a positive sign for global trade recovery, which helped boost the ringgit,' he told Bernama. Innes also said the weaker-than-expected US ADP jobs data, with only 33,000 jobs added in June, reinforced expectations of two US rate cuts this year, pressuring the greenback. He noted, however, that market focus might shift to tonight's non-farm payrolls report, with consensus at 106,000. At 6pm, the local note rose to 4.2195/4.2255 versus the greenback from yesterday's close of 4.2245/4.2305. The local currency traded mostly lower against a basket of major currencies. It shrank against the euro to 4.9756/4.9827 from 4.9748/4.9818, and depreciated against the Japanese yen to 2.9333/2.9376 from 2.9316/2.9360. However, it appreciated versus the British pound to 5.7621/5.7703 from 5.7859/5.7941 yesterday. The local note traded mixed against its Asean counterparts. It improved vis-à-vis the Singapore dollar to 3.3146/3.3196 from 3.3167/3.3217, and rose against the Thai baht to 13.0211/13.0457 from 13.0233/13.0482. It slipped against the Indonesian rupiah to 260.5/261.0 from 259.9/260.5, and weakened against the Philippine peso to 7.50/7.51 from 7.49/7.51 previously.

June Jobs Report: What Do Economists Expect?
June Jobs Report: What Do Economists Expect?

Wall Street Journal

time03-07-2025

  • Business
  • Wall Street Journal

June Jobs Report: What Do Economists Expect?

The U.S. likely added 110,000 jobs in June, according to economists polled by The Wall Street Journal. That would mark a slight slowdown from May, when 139,000 positions were added. The unemployment rate is seen rising slightly to 4.3%, up from 4.2% a month earlier. The monthly nonfarm payrolls report, from the Labor Department's Bureau of Labor Statistics, is due at 8:30 a.m. ET. On Wednesday, a separate report from ADP showed the private sector shedding jobs for the first time in more than two years.

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