Nonfarm Productivity (QoQ) (Q1)+0.2% vs +0.3% Est.
Portfolio Pulse from Benzinga Newsdesk
Nonfarm Productivity for Q1 increased by 0.2%, slightly below the estimated 0.3%.
June 06, 2024 | 12:30 pm
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NEGATIVE IMPACT
Nonfarm Productivity for Q1 increased by 0.2%, slightly below the estimated 0.3%. This minor miss could lead to a slight negative sentiment in the market, potentially impacting SPY.
The slight miss in Nonfarm Productivity could lead to a minor negative sentiment in the market, affecting SPY, which tracks the S&P 500 index.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50